Naira redesign – Page 2 of 4 – Prime Business Africa

Foreign Representatives Meet CBN’s Emefiele Over Naira Redesign Chaos

Diplomatic Corps met with the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Tuesday, 14 February 2023, amid the Naira redesign policy that has caused chaos within the country. According to a statement released by the central bank via

February 15, 2023

Business

CBN Reveals Three Steps To Deposit Old Naira Notes, Says Commercial Banks Will Not Accept It

The Central Bank of Nigeria (CBN) has stated that old Naira notes can only be deposited at the apex bank, disclosing that commercial banks will no longer accept them. In a statement on Monday, 13 February 2023, Haladu Andaza, the CBN Branch

February 14, 2023

CBN To Reveal Banks’ Disbursement Details Of New Naira Notes

Business

Naira Redesign: Falana Tackles Emefiele, Says CBN Incites Nigerians Against Banks

Godwin Emefiele-led Central Bank of Nigeria (CBN) has been criticised by human rights lawyer, Femi Falana, over the handling of the Naira redesign policy. He accused the central bank of inciting the public against the banks, as the financial regulator doesn’t have sufficient

February 14, 2023

CBN Directs IMTOs To Use I&E Window Rate To Convert Diaspora Remittances

Business

Cash In Circulation Outside Banks Drops By N160 billion – New CBN Data Reveals

The currency outside the banking system has declined to N2.57 trillion, the Central Bank of Nigeria (CBN) has disclosed in the latest data published on its website. Prime Business Africa had reported that the cash outside the bank was N2.7 trillion as

February 14, 2023

Criticism Trails Senate's Approval Of CBN’s N22.7 trillion Loans To FG

Business

Pres. Buhari Meets CBN’s Emefiele As Naira Scarcity Lingers

President Muhammadu Buhari and the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, met on Monday, 13 February 2023, as discussion on the failure of the Naira redesign policy continues. This is the sixth time President Buhari and Emefiele met

February 13, 2023

Naira Policy: CBN Mops Up N1.6 trillion In Just I Month

Business

CIBN Addresses Report Of Banks’ Collapse, NSPMC Inability To Print New Naira Notes

The President and Chairman of the Chartered Institute of Bankers of Nigeria (CIBN), Ken Opara, has allayed fears that some Nigerian banks could completely shut down following the failure of the Naira redesign policy. Prime Business Africa reported that the policy of

February 13, 2023

Business

Akeredolu, Ganduje Sue FG, As Battle Against CBN’s Naira Redesign Policy Intensifies

Ondo State Governor, Rotimi Akeredolu, and the Governor of Kano State, Abdullahi Ganduje, have also filed a suit against the Federal Government over the Central Bank of Nigeria’s (CBN) Naira redesign policy. Akeredolu approached the Supreme Court to debate the legality of

February 10, 2023

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

Business

Naira Scarcity: Nigerians Have Been Betrayed By Banking System – TUC Says, Threatens FG

The Trade Union Congress (TUC) said Nigerians have been betrayed by the banking system due to the failure of the Central Bank of Nigeria (CBN) to successfully implement the Naira redesign policy. TUC said commercial banks have been unable to pay Nigerians

February 10, 2023

Governor of Nigerias Central Bank Godwin Emefiele

Business

Godwin Emefiele’s CBN Faults Nigerians For Naira Scarcity

Nigerians have been faulted for the scarcity of the Naira notes, as the Central Bank of Nigeria (CBN) said releasing more banknotes won’t solve the situation. The apex bank said Nigerians need to change their attitude as they are behind the scarcity

February 10, 2023

2023 Elections·Business·News·Top Stories

Obaseki To El-Rufai: You Can’t Speak For 36 Govs On CBN’s Naira Policy

Governor Godwin Obaseki of Edo State has warned Governor Nasir El-Rufai of Kaduna State to guard his utterances and avoid incensing comments on the Central Bank of Nigeria’s Naira policy to avoid plunging Nigeria into trouble. Obaseki in a statement on Thursday

February 10, 2023

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Naira redesign - Page 2

Foreign Representatives Meet CBN’s Emefiele Over Naira Redesign Chaos

CBN Reveals Three Steps To Deposit Old Naira Notes, Says Commercial Banks Will Not Accept It

Naira Redesign: Falana Tackles Emefiele, Says CBN Incites Nigerians Against Banks

Cash In Circulation Outside Banks Drops By N160 billion – New CBN Data Reveals

Pres. Buhari Meets CBN’s Emefiele As Naira Scarcity Lingers

CIBN Addresses Report Of Banks’ Collapse, NSPMC Inability To Print New Naira Notes

Akeredolu, Ganduje Sue FG, As Battle Against CBN’s Naira Redesign Policy Intensifies

Naira Scarcity: Nigerians Have Been Betrayed By Banking System – TUC Says, Threatens FG

Godwin Emefiele’s CBN Faults Nigerians For Naira Scarcity

Obaseki To El-Rufai: You Can’t Speak For 36 Govs On CBN’s Naira Policy

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