BUSINESS
Naira Notes Swap: Gbajabiamila Threatens CBN Governor, Emefiele With Arrest
The Speaker of the House of Representatives, Femi Gbajabiamila, has declared his readiness to issue a warrant of arrest on the Governor of the...
CBN Under Pressure To Extend Jan. 31 Deadline For Use Of Old Naira Notes
There has been an increased pressure on the Central Bank of Nigeria (CBN) to extend the January 31 dateline for phasing out old N1,000,...
CBN Releases N120m New Notes In Katsina As Shortage Bites Harder
The Central Bank of Nigeria (CBN) said it has disbursed over N120 million of the redesigned naira notes to rural communities in Katsina state...
Reps Approves Buhari’s Request To Borrow N1 Trillion From CBN
The House of Representatives has approved the request by President Muhammadu Buhari to secure an additional N1 trillion loan from the Central Bank of...
CBN Issues Fresh Guideline On Effective Distribution New Naira Notes
The Central Bank of Nigeria (CBN) has directed deposit money banks (DMBs) to commence the payment of the redesigned naira notes over the counter,...
Pay New Notes Over The Counter, CBN Orders Commercial Banks
The Central Bank of Nigeria (CBN) has reversed itself and directed banks to commence paying customers new Naira notes Over The Counter (OTC). The apex bank said...
Hold Bank CEOs For New Naira Notes Scarcity, Buhari Tells Nigerians
President Muhammadu Buhari has indicted some banks’ Chief Executive Officers, and CEOs on the scarcity of the naira notes in circulation, accusing them of...
Naira Gains Further, Exchanges At N461.10 To Dollar
The Naira on Thursday exchanged at 461.10 to the dollar at the Investors and Exporters window. The figure represented an appreciation by 0.02 per cent...
Matawalle Threatens Arrest Against Anyone Rejecting Old Naira Notes
Governor Bello Matawalle of Zamfara has ordered the arrest of anyone who refuses to accept the old currency notes of two hundred, five and...
Start Embracing Alternative Payment Channels, CBN Tells Nigerians
The Central Bank of Nigeria (CBN) has urged Nigerians to embrace alternative payment channels such as eNaira and internet banking, insisting that the Naira...
