old naira notes

Moghalu Cautions CBN’s Emefiele Against Criminalising Cash

The former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has warned the financial regulator not to criminalise cash transactions in Nigeria. Moghalu, in a post on his Twitter

Fakoyejo Olalekan

1 year ago

CBN Asked To Disburse N250 billion To Cushion Subsidy Removal

Business

NLC’s Threat Against CBN Branches Force Emefiele To Start Disbursing Old Naira Notes

Following a threat by the Nigerian Labour Congress (NLC) to shut down the branches of the Central Bank of Nigeria (CBN), the financial regulator has decided to disburse old Naira notes to

Fakoyejo Olalekan

1 year ago

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·Currency

Dollar Rate Rises In Black Market, Drops In CBN’s Official Market

The Dollar rate in the Investors and Exporters window of the official market increased by N0.91 kobo, indicating the Naira depreciated in value by -0.19 per cent on Thursday, 16 March 2023.

Fakoyejo Olalekan

1 year ago

Business

Moghalu Carpets CBN, Reveals Problems With Emefiele’s Naira Policy

Former Deputy Governor, Central Bank of Nigeria (CBN), Kingsley Moghalu, has condemned the handling of the Naira redesign policy under Godwin Emefiele. Moghalu said months after the CBN set out to implement

Fakoyejo Olalekan

1 year ago

Business·Currency·Latest News

Old Naira Notes: GTBank, Others Limit Cash Withdrawal To N10,000

The Central Bank of Nigeria (CBN) has fully complied with the Supreme Court ruling ordering it to restore old naira notes to circulation but Guaranty Trust Bank (GTBank) and other banks have

Uduegbunam Chukwujama

1 year ago

CBN Denies Discriminating Against People With Physical Disabilities Seeking Job

Business

CBN Finally Addresses Supreme Court Order Publicly, Succumbs To Pressure On Old Naira

The Godwin Emefiele-led Central Bank of Nigeria (CBN) has succumbed to the Supreme Court order which states that old N500 and N1,000 remains legal for 10 months. In a statement released by

Fakoyejo Olalekan

1 year ago

Governor of Nigerias Central Bank Godwin Emefiele

Business

Emefiele Directs Bank CEOs To Start Accepting, Disbursing Old Naira Notes

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has directed the Chief Executive Officers of Deposit Money Banks (DMBs) to start accepting and paying out the old Naira notes.

Fakoyejo Olalekan

1 year ago

Eight Controversial Decisions By Godwin Emefiele As CBN Governor

Business

CBN Quietly Approves Old Naira Disbursement, Traders Reject Banknotes

The Central Bank of Nigeria (CBN) has approved the disbursement of old N500 and N1,000 notes, as Deposit Money Banks’ (DMBs’) Automated Teller Machines (ATMs) begin to dispense the bank notes. The

Fakoyejo Olalekan

1 year ago

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

Business·Opinion

Old Naira Notes: Supreme Court Verdict Is No Victory For El-Rufai, Other Governors – Expert

The Supreme Court verdict on old Naira notes is neither a victory for the governors who instituted the case against the Federal Government and Central Bank of Nigeria, CBN, nor a loss

Razaq Abiola

1 year ago

Burkina Faso, Mali, Niger Withdrawal From ECOWAS Setback For W'Africa - Shehu Sani

Business

Old Naira Notes: Shehu Sani, Other Nigerians React To Supreme Court Decision

Reactions have began to trail the decision of the Supreme Court to adjourn the final judgement on the deadline of the old Naira notes. Prime Business Africa reported on Wednesday, 22 February 2023,

Fakoyejo Olalekan

1 year ago

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Moghalu Cautions CBN’s Emefiele Against Criminalising Cash

NLC’s Threat Against CBN Branches Force Emefiele To Start Disbursing Old Naira Notes

Dollar Rate Rises In Black Market, Drops In CBN’s Official Market

Moghalu Carpets CBN, Reveals Problems With Emefiele’s Naira Policy

Old Naira Notes: GTBank, Others Limit Cash Withdrawal To N10,000

CBN Finally Addresses Supreme Court Order Publicly, Succumbs To Pressure On Old Naira

Emefiele Directs Bank CEOs To Start Accepting, Disbursing Old Naira Notes

CBN Quietly Approves Old Naira Disbursement, Traders Reject Banknotes

Old Naira Notes: Supreme Court Verdict Is No Victory For El-Rufai, Other Governors – Expert

Old Naira Notes: Shehu Sani, Other Nigerians React To Supreme Court Decision

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