Naira redesign – Page 3 of 4 – Prime Business Africa

UPDATED: IMF, World Bank Warn CBN On Naira Transition Timeframe

The International Monetary Fund (IMF) and the World Bank have cautioned the Central Bank of Nigeria (CBN) over its handling of the transition from the old Naira to new banknotes. Nigeria’s financial regulator announced in October 2022 that the N200, N500 and

February 9, 2023

News·Politics

AGF Seeks S’Court’s Dismissal Of Suit Challenging CBN’s Naira Policy

Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami, has asked the Supreme Court to dismiss a suit filed by three state governments challenging the deadline for phasing out old Naira notes fixed by the Central Bank of Nigeria

February 8, 2023

Access Bank Obtains Central Bank of Angola’s Approval To Acquire 80% of Finibanco

Business

VIDEO: Female Student Suffers Panic Attack In Access Bank, Security Snubs Her

A female student allegedly suffered a panic attack at the Access Bank branch in Rivers State University, Port Harcourt, as Nigerians struggle to access their money from banks across the country. In a video recorded on Wednesday, 8 February 2023, by Aka

February 8, 2023

Business

CBN, Banks Don’t Have Infrastructure For New Naira Transition – Dakuku Peterside

The former Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dakuku Peterside, has disclosed that the Central bank of Nigeria (CBN) and the Deposit Money Banks (DMB) don’t have the infrastructure to implement the Naira redesign policy successfully. According

February 7, 2023

Business

CBN Failed In Duty To Manage Naira Redesign Policy – Dakuku Peterside

The former Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dakuku Peterside, said the Central Bank of Nigeria (CBN) failed in its duty to manage the transition from the old Naira to the redesigned banknotes. During a Twitter Space

February 7, 2023

Business

NACCIMA DG Says Printing N5,000 Notes Better, Faults Emefiele’s Naira Redesign Policy

The Director-General of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), Sola Obadimu, has suggested that the introduction of N5,000 notes would have prevented the Naira policy debacle. Obadimu argued that if he was the Governor of the

February 7, 2023

2023 Elections·Business·News

Naira Scarcity: Bankers In Viral Video Flee Angry Customers Through Back Fence

Bankers in Delta State took turns to scale the bank fence to flee attacks after customers showed readiness to violently protest naira scarcity and failure to facilitate over-the-counter and electronic cash withdrawals. A viral video believed to have been taken in Delta

February 7, 2023

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

Business

Nigerians Divided Over Who To Blame For CBN’s Naira Redesign Crisis

Nigerians are divided over who to blame for the crisis that has erupted from the transition from the old Naira to the redesigned banknotes. Prime Business Africa reported that Nigerians are stripping themselves in banking halls and protesting against banks due to

February 6, 2023

Business·News

Naira Redesign: Fidelity Bank Assures Customers Of Cash Payment

The management of Fidelity Bank Plc has assured customers of cash payment across all its branches nationwide. Head of Corporate Communication of the bank, Dr. Meksley Nwagboh, said this in a statement issued by the bank Thursday. He said: “Our customers can

February 3, 2023

Business

Nigeria’s GDP At Risk, As Transition From Old Naira To New Affects 2 Major Sectors

The founder of the Centre for the Promotion of Private Enterprise (CPPE), Muda Yusuf, said sectors driven by cash are struggling with the transition from old Naira notes to redesigned banknotes. Yusuf identified the distributive trade sector and the agricultural sector as two

February 1, 2023

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Naira redesign - Page 3

UPDATED: IMF, World Bank Warn CBN On Naira Transition Timeframe

AGF Seeks S’Court’s Dismissal Of Suit Challenging CBN’s Naira Policy

VIDEO: Female Student Suffers Panic Attack In Access Bank, Security Snubs Her

CBN, Banks Don’t Have Infrastructure For New Naira Transition – Dakuku Peterside

CBN Failed In Duty To Manage Naira Redesign Policy – Dakuku Peterside

NACCIMA DG Says Printing N5,000 Notes Better, Faults Emefiele’s Naira Redesign Policy

Naira Scarcity: Bankers In Viral Video Flee Angry Customers Through Back Fence

Nigerians Divided Over Who To Blame For CBN’s Naira Redesign Crisis

Naira Redesign: Fidelity Bank Assures Customers Of Cash Payment

Nigeria’s GDP At Risk, As Transition From Old Naira To New Affects 2 Major Sectors

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Naira redesign - Page 3

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