BUSINESS
Banks Reconfigure ATMs As New Naira Notes Circulation Commences Today
The newly redesigned naira notes will go into circulation on Thursday (today) with Deposit Money Banks releasing the bills to their customers via over-the-counter...
Government Agencies Agree To End Fuel Scarcity
Federal Government agencies and petroleum marketers have undertaken to end the crippling shortage of petrol across the country that has seen pump prices hit...
No Going Back On Cashless Policy – CBN Governor, Emefiele
Godwin Emefiele, Governor of the Central Bank of Nigeria, CBN has ruled the possibility of reversing the ongoing implementation of the cashless policy. The House of...
Cash Withdrawal Limit: We’re Concerned About CBN Policy — Senate
Senators have expressed reservations over the new policy of the Central Bank of Nigeria (CBN) on cash withdrawals. The apex bank, under the new withdrawal...
Buhari Says His Administration Has Done Well In Reviving Economy Irrespective Of Criticisms
President Muhammadu Buhari, Tuesday said irrespective of what some people say, the administration he leads has made strides in stabilizing the security situation in...
CBN’s New Policy Limits Cash Withdrawal To N100,000, N500,000 For Individual, Corporate Account Holders Per Week
Nigeria's apex bank, Central Bank of Nigeria, CBN on Tuesday announced a new policy which mandates commercial banks other financial institutions to ensure that...
N206bn Inserted In My Ministry’s Budget For Equipment Procurement, Says Umar-Farouq
Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar-Farouq, yesterday, told senators that the N206 billion inserted in the ministry’s budget was...
Nigeria Is Not Broke – Finance Minister
Mrs. Zainab Ahmed, the Minister of Finance, Budget, and National Planning has stated that Nigeria is not broke. She noted that the country continues to...
Naira Redesign: Nigerians Will Fill Uncountable Forms To Withdraw Large Amounts – CBN Governor, Emefiele
Godwin Emefiele, the Governor of the Central Bank of Nigeria, CBN has said the apex bank will henceforth take cashless policy seriously, noting that...
CBN Increases Interest Rate To 16.5%
The Monetary Policy Committee of the Central Bank of Nigeria voted Tuesday to increase the benchmark interest rate by 100 basis points to 16.5...
