Naira Note Swap: Why CBN Bowed To Pressure On Deadline
The Central Bank of Nigeria, CBN, finally bowed to pressure on Sunday after vowing not to extend the January 31...
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Again, CBN Insists on Jan 31 Deadline To End Circulation Of Old Notes
The Central Bank of Nigeria (CBN) has insisted that there is no going back on the January 31 deadline for...
Naira Redesign: CBN Announces Cash Swap Across 774 LGAs
The Central of Nigeria, CBN, has initiated a cash-swap programme across the 774 local government areas of the country as...
CBN To Sanction Banks Hoarding New Naira Notes
The Central Bank of Nigeria has vowed to sanction any commercial bank found hoarding the new naira notes, saying it...
Nigeria’s Inflation Falls To 21.34% — First Time In 11 Months
Nigeria’s inflation has dropped to 21.34 percent from 21.47 percent for the first time in eleven months. The National...
Ogun: Abiodun Signs N472bn 2023 Budget Into Law
Ogun State governor, Dapo Abiodun, has signed the 2023 budget into law. Signing the N472,250,694,447.57b Appropriations Bill as passed earlier...
CBN Increases Weekly Withdrawal Limit To N500k
The Central Bank of Nigeria, CBN, has increased the maximum limit for withdrawals by individuals and corporate organisations to N500,000...
Nigeria’s Public Debt Hits N44trn
The Debt Management Office (DMO) reported that Nigeria’s public debt reached N44.6 trillion in the third quarter of this year...
CBN May ‘Tweak’ New Cash Withdrawal Limits, Says Emefiele
Central Bank of Nigeria, CBN, Governor, Mr. Godwin Emefiele, yesterday, said that the apex bank would consider tweaking the new weekly...
Elon Musk Loses World Richest Man Title To Bernard Arnault
Tesla boss and Twitter owner, Elon Musk, on Wednesday, lost the world’s richest title to Bernard Arnault after a steep...
CBN Limits Cash Withdrawals To N100k, N200 As ATM Denomination
As from January 9, 2023, individuals and organisations will not be able to withdrawal cash beyond a certain amount from...
Inflation: Knocks, Kudos Trail CBN’s Hike Of Interest Rate To 16.5 Percent
In less than three months after it had raised the country’s interest rate to a double-digit, 15.5 percent, the Monetary...
FG Unveils Redesigned Naira Notes To General Public[PHOTOS]
The Federal Government has unveiled the redesigned naira notes to the public. It was unveiled at the Federal Executive Council...
Dollar May Crash To N200 After Naira Redesign – EFCC Chairman, Bawa
The chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has claimed the dollar may crash to N200...
Fuel Subsidy To End In 2023 – Finance Minister
The Minister of Finance, Budget and National Planning, Zainab Ahmed, says the Federal Government will do away with petroleum subsidy...
