Finance & Economy

Naira Policy: No Presidential Orders To Reissue Old N1,000, N500 Notes – CBN

The Central Bank of Nigeria (CBN) has denied that it received presidential orders to reissue the old N500 and N1000… Read More

1 year ago

The Trouble With CBN’s Conflicting Orders On Naira Policy – CPPE

The Centre for the Promotion of Private Enterprise (CPPE) has called on the Central Bank of Nigeria (CBN) to ensure… Read More

1 year ago

Confirmed! Banks Now Accept Old Naira Notes Up To N500,000

Prime Business Africa (PBA) reports that Nigerian banks accept old Naira notes up to N500,000 from retail customers. This was… Read More

1 year ago

Naira Policy: CBN Records N1.6 trillion Currency Mop-up In January Alone

The new Naira policy of the Central Bank of Nigeria (CBN) has soaked-in  at least N1.6 trillion in January currency… Read More

1 year ago

Buhari At AU Summit, Urges All African Countries To Ratify AfCFTA Agreement

President Muhammadu Buhari has called on African Union (AU) member countries to ratify the African Continental Free Trade Area (AfCFTA)… Read More

1 year ago

Naira Crisis: Banks Will Remain Open So Long As It’s Safe To Do So – CIBN

Following the protest and destruction of banks’ facilities across the nation over scarcityn of new naira notes, the Chartered Institute… Read More

1 year ago

Nigerians Rush For Dollar, Push UP USD Rate Amid Naira Scarcity

The Naira lost some value against the United States Dollar (USD) in official and black markets, on Thursday, 16 February… Read More

1 year ago

Fitch Says Naira Scarcity Will Affect Dollar Demand, Exchange Rate

Global credit ratings agency, Fitch Ratings, has warned that Nigeria’s exchange rate might appreciate due to scarcity of Naira notes.… Read More

1 year ago

7 Important Takeaways From Buhari’s Speech On Naira Policy

The CBN on 26 October 2022, announced the introduction of redesigned N100, N200, N500 and N1,000 banknotes into the financial… Read More

1 year ago

Dollar Rate Falls In CBN-Backed Official Market, Buhari Projects Stability

Exchange rate between the Naira and the United States Dollar (USD) fell in the official market on Wednesday, 15 February… Read More

1 year ago

This website uses cookies.