• Senate approves restructuring of controversial loan • Reps may accede to request next week • Liquidation of facilities to be spread to 2063 • Spending...
•Figure increases by 25 per cent in six months •eNaira records 1.4 million transactions from inception The number of account holders placed on the bank verification...
Banks and their customers have raised concerns over the Central Bank of Nigeria’s proposed plan to mop up funds from dormant accounts. While the proposal is...
The Central Bank of Nigeria, CBN, has slammed a minimum fine of N2 million as penalty on banks that disobey its new guidelines on the management...
• Business owners, traders defy CBN, reject old N500, N1,000 • CBN silent on returned banknotes, warehoused cash • Residual notes amount to drop in ocean,...
Exactly 10 days after the Supreme Court judgement mandating the use of old N,1000 and N500 notes as legal tender till December 31, 2023, the Central...
Deposit Money Banks in the country have begun partial compliance with the Supreme Court order approving the use of old N1,000 and N500 and N200 notes...
The Supreme Court on Wednesday adjourned judgement in the new naira policy suit to March 3, 2023. With the apex court’s decision, Nigerians, especially consumer and...
Ten states have filed an application before the Supreme Court seeking the nullification of President Muhammadu Buhari’s pronouncement that only N200 should be re-circulated as… Ten...
More protests broke out in Lagos, Ogun, Rivers, Ondo and Oyo states on Friday over the crises trailing the naira redesign policy of the Central Bank...
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