Business

Banks will accept old naira notes after the deadline, says Emefiele Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says banks will continue to accept old naira notes…

UBA appoints first female CEO for Africa The Board of Directors of the United Bank for Africa Plc, Africa’s Global Bank, today announces the appointment of Mrs. Abiola Bawuah, as…

New Naira Notes: We May Push For Your Arrest, Gbaja Warns Emefiele The Speaker of the House of Representatives, Femi Gbajabiamila, says he will not hesitate to ask the Inspector General of Police,…

NASS Seeks Six-Month Extension For Old Naira Notes The House of Representatives and the Senate made the demand at a separate sitting on Tuesday. At the green chamber, a member…

January 31 Deadline For Old Naira Notes Remains, CBN Insists Despite public calls to extend the deadline for ending the use of old naira notes (N200, N500, and N1000), the…

CBN increases benchmark interest rate to 17.5% The policy-setting committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which measures interest rate, from 16.5…

Naira redesign: Governors summon Emefiele over policy The governors of the 36 states have summoned the Central Bank of Nigeria, CBN, and Governor, Godwin Emefiele, over the withdrawal policy and…

Fiscal rascality, not Emefiele, responsible for Nigeria’s monetary problems – Peter Obi Peter Obi, the presidential candidate of the Labour Party (LP), says Nigeria’s current inflation and exchange rate crisis…

CBN launches domestic card payment scheme today Nigerians will from today receive a new electronic card for local transactions that will be charged in Nigeria. The procurement cost and operational charges…

Uncertainties over January 31 deadline, experts warn CBN The Central Bank of Nigeria may be under pressure to extend the deadline for old naira notes to cease being legal tender as…