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New naira

Court Slams N5m Bail On Actress Arrested For Abuse Of New Naira Notes

February 16, 2023

The Nollywood actress, Oluwadarasimi Omoseyin, who was arraigned on Monday by the Economic and Financial Crimes Commission (EFCC), has been granted bail in the sum of N5 million. Omoyesin was arraigned before

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

Business News

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

February 8, 2023

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

Nigeria's Treasury Bills Surpass N6.6trn In 2023 Amid Economic Headwinds

Business News

New Naira Scarcity Forces 80% Of PoS Operators To Shutdown

February 8, 2023

The National Chief Aggregating Officer of the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN), Hussein Olanrewaju, said 80 per cent of its members have shut down as a result

Sterling Bank, AATIF Raise $15m To Fund Renewable Energy-powered Agro-enterprises

Business News

Sterling Bank Accused Of Hoarding New Naira Notes, Faces CBN Penalty

February 6, 2023

Sterling Bank has been accused by the Central Bank of Nigeria (CBN) of breaching the financial regulator’s directive by hoarding the new Naira banknotes from the public. In a trending video, about

Business News

CBN Sets Limit For GTBank, Zenith Bank, Others On New Naira Withdrawal

February 2, 2023

The Central Bank of Nigeria (CBN) has instructed Guaranty Trust Bank (GTBank), Zenith Bank, and other commercial banks to start distributing the redesigned Naira notes over the counter. Recall that the central

GTCO, First Bank Fail To Make Top Five Performing Nigerian Bank Stocks In H1

Business News

Banks To Hand Out Only N100, N50, N20, Other Lower Notes Amid New Naira Scarcity

January 30, 2023

The Central Bank of Nigeria (CBN) has ordered commercial banks to hand customers lower denominations for over-the-counter withdrawal amid the scarcity of new Naira notes. Prime Business Africa gathered that over-the-counter withdrawals

Business News

Just In: Emefiele Extends CBN’s Deadline For Old Naira Notes By 10 Days

January 29, 2023

The Governor of the Central Bank of Nigeria (CBN) has extended the timeframe to phase out the old Naira notes two days before the initial deadline. Prime Business Africa had reported that

Cash In Circulation Up By N701.4 billion, Emefiele's CBN Loses Control Again

Business News·Currency

Pure Water Sellers, Chicken Republic Announce Dates To Stop Accepting Old Naira Notes

January 26, 2023

Small and medium businesses have began to reject old naira notes, as the deadline for the banknotes to become illegal nears. Prime Business Africa had reported that the Central Bank of Nigeria

Business News

Naira Hawkers Face Arrest, CBN Says Banks Ignoring New Banknotes

January 19, 2023

The Central Bank of Nigeria (CBN) has threatened to arrest persons selling the new naira notes, as it begs banks to come collect the redesigned currencies. During a sensitization programme on Wednesday,

Business News·Currency

Currency Redesign Can’t Improve Naira Value – CBN

December 1, 2022

The Deputy Director, Currency Operations Department of the Central Bank of Nigeria (CBN), Amina Halidu-Giwa, said the apaex bank’s redesigning programme will not improve naira value or strengthen the national currency. Halidu-Giwa

Business News·Currency

Rise In Dollar Rate: 4 Ways New Naira Will Affect Nigerians, Economy

November 30, 2022

Last week Wednesday, President Muhammadu Buhari unveiled the new naira redesigned by the Central Bank of Nigeria (CBN), opening a new vista of events in Nigeria’s monetary policy management framework. The redesigned

Naira Ends Week With Marginal Gain Against Dollar

Business News·Currency

Dollar Rate Rises In Official Market, CBN’s Emefiele Blames Nigerians Abroad

November 28, 2022

The dollar rate was in opposite directions at the black and official markets on Friday, as the currencies continued to react to the emergence of new naira notes. In the parallel market,

Business News·News

ICAN Partners Prime Business Africa, CBN For Webinar On New Naira Notes

November 24, 2022

The Nsukka and District Society arm of the Institute of Chartered Accountants of Nigeria (ICAN) is partnering with Prime Business Africa (PBA) to enlighten stakeholders, and all Nigerians on the impact of

Nigeria’s Minimum Wage Now N19,355 – World Bank Says, Reveals Factors Hindering Growth

Business News·Currency

CBN’s Deposit Record Rises By N165 billion On Old Naira Deadline

November 24, 2022

The Director of Currency for the Central Bank of Nigeria (CBN), Rasheed Adams, has disclosed that the financial regulator has received more deposits than it projected since the apex bank urged Nigerians

Naira Vs Dollar: What To Expect This Week (2nd - 6th June 2025)

Business News·Currency

BDC Operators Drop Dollar Rate As Buhari Unveils New Naira Note

November 23, 2022

The dollar rate in the black market dropped, hours after President Muhammadu Buhari and the Central Bank of Nigeria (CBN) unveiled the new naira note. In a chat with Prime Business Africa,

Business News·Currency

1.4 million Agents To Help Rural, Urban Dwellers Meet January 31 Deadline For Old Naira Notes – CBN

November 23, 2022

The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said residents in rural areas have no excuse for not depositing old naira notes before the phase-out deadline of January 31,

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

Business News·Currency

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New naira

Court Slams N5m Bail On Actress Arrested For Abuse Of New Naira Notes

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

New Naira Scarcity Forces 80% Of PoS Operators To Shutdown

Sterling Bank Accused Of Hoarding New Naira Notes, Faces CBN Penalty

CBN Sets Limit For GTBank, Zenith Bank, Others On New Naira Withdrawal

Banks To Hand Out Only N100, N50, N20, Other Lower Notes Amid New Naira Scarcity

Just In: Emefiele Extends CBN’s Deadline For Old Naira Notes By 10 Days

Pure Water Sellers, Chicken Republic Announce Dates To Stop Accepting Old Naira Notes

Naira Hawkers Face Arrest, CBN Says Banks Ignoring New Banknotes

Currency Redesign Can’t Improve Naira Value – CBN

Rise In Dollar Rate: 4 Ways New Naira Will Affect Nigerians, Economy

Dollar Rate Rises In Official Market, CBN’s Emefiele Blames Nigerians Abroad

ICAN Partners Prime Business Africa, CBN For Webinar On New Naira Notes

CBN’s Deposit Record Rises By N165 billion On Old Naira Deadline

BDC Operators Drop Dollar Rate As Buhari Unveils New Naira Note

1.4 million Agents To Help Rural, Urban Dwellers Meet January 31 Deadline For Old Naira Notes – CBN

Photos: Buhari Unveils New Naira Notes

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