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Naira redesign policy - Page 2

CBN Naira Redesign Policy Deteriorates Business Condition – Stanbic IBTC

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 naira banknotes. The denial was in response to a press release purportedly released by the CBN and circulating on social media, to

February 21, 2023

Muda Yusuf Advises CBN, Other Authorities To Create Policies That Encourage Domestic Investments In Nigeria

Business·Currency

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 that the naira redesign policy is adjusted to accommodate the interest of millions of informal sector players, rural dwellers, the over 30

February 21, 2023

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

Business·Currency

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 of Bankers of Nigeria (CIBN) has urged Nigerians to remain calm, assuring that banks will remain open to attend to their customers

February 18, 2023

KPMG Makes Naira Projection After Foreign Capital Importation Drops To $1.06 billion

Business·Currency

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. Fitch made this known in a report dated 14 February 2023 and titled ‘Nigeria’s Economic Challenges Highlight Importance of Post-Election Policies’. The

February 17, 2023

Business

Naira Scarcity: 17 Bank Branches Attacked, Bank Workers Threaten Strike

Naira scarcity has resulted in attacks on 17 bank branches and N5 billion loss for the Deposit Money Banks (DMB), as the Central Bank of Nigeria (CBN) struggles to implement the Naira redesign policy. This was disclosed by the Association of Senior

February 17, 2023

Currency·Finance & Economy·Insights

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 system and in December 2022, introduced the new naira note design to the public. However, the governor of the Central Bank of

February 16, 2023

Currency·Finance & Economy

Full Text Of Buhari’s Speech On Naira Policy

President Muhammadu Buhari on Thursday at 7 am addressed the nation about the naira redesign policy of the Central Bank of Nigeria, which has resulted in protests in some parts of the country as result of scarcity of th new currency notes.

February 16, 2023

Business·News

Naira Scarcity: Angry Warri Youths Attack First Bank, Burn Access Bank

A group of angry youths in Warri, Delta State, on Wednesday set an Access Bank branch office ablaze in protest against persisting scarcity of naira notes. A viral video showed protesting youths around the Udu Road axis of Warri, disrupting vehicular movement

February 15, 2023

Business

Breaking: S’Court Adjourns Proceedings On CBN’s Naira Policy Till Feb 22

Nigeria’s Supreme Court has adjourned proceedings on the naira swap policy of the Central Bank of Nigeria (CBN) till Wednesday, February 22 for a hearing of the consolidated suits by 10 states. The apex court which heard the case on Wednesday, 8th

February 15, 2023

Business·Currency·News·Top Stories

Food Prices Drop On CBN’s Naira Policy In Suleja, Lambata, Other Markets

Amid widespread hardship trailing Nigeria’s naira policy implementation, the country’s central bank says inflation is already abating and could pleasantly drop some 4 percent off its current 22 percent rate by mid 2023. The general scarcity of the naira notwithstanding, Prime Business

February 15, 2023

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Naira redesign policy - Page 2

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

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

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

Fitch Says Naira Scarcity Will Affect Dollar Demand, Exchange Rate

Naira Scarcity: 17 Bank Branches Attacked, Bank Workers Threaten Strike

7 Important Takeaways From Buhari’s Speech On Naira Policy

Full Text Of Buhari’s Speech On Naira Policy

Naira Scarcity: Angry Warri Youths Attack First Bank, Burn Access Bank

Breaking: S’Court Adjourns Proceedings On CBN’s Naira Policy Till Feb 22

Food Prices Drop On CBN’s Naira Policy In Suleja, Lambata, Other Markets

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