Rivers State Governor, Nyesom Wike has said those allegedlyworking to disrupt the February 25 and March 11 general elections are courting trouble amd should stop the venture. He also opposed …
Naira
-
NewsSocial Media
Governors meet Buhari, Nigerians on edge, tempers flare over cashless policy, new naira notes
by Adminby Admin“Close my account; I don’t want it again. Return my money. My children didn’t go to school yesterday. They will go today,” an exasperated woman, who stripped off to her …
-
BusinessNews
The game at play as CBN denies scarcity of new Naira notes, Ortom backs NASS
by Adminby AdminThere is game at play among customers, banks, and the Central Bank of Nigeria! But what is it, many customers seek to know, even as high networth individuals and politicians …
-
BusinessNews
CBN ups interest rate to 17.5%, insists on Jan 31 deadline for old naira notes
by Adminby AdminThe Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), which measures interest rates from 16.5% to 17.5 percent to tame inflation. The CBN Governor, Godwin Emefiele …
-
BusinessNews
New Naira notes: Minister of Finance says CBN did not consult her, warns of dire consequences for the Naira
by Adminby AdminIn a move that is bound to confuse many, the Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has distanced her ministry from the new policy announced by …
-
The Economic and Financial Crimes Commission, EFCC, has applauded the move by the Central Bank of Nigeria, CBN, to redesign and reissue higher denominations of the Nigerian Currency, the Naira. …
-
With approval from President Muhammadu Buhari, the Central Bank of Nigeria (CBN) is to introduce redesigned currency notes in efforts to shore up the depreciating value of the naira. The …
-
Business
Naira in dramatic N60 bounce-back as EFCC boss meets BDC operators in Abuja, plan raid in major cities
by Adminby AdminA week after agents of the Economic and Financial Crimes Commission ( EFCC) raided the notorious Zone 4 axis the Wise District of Abuja, its Executive Chairman, Mr. Abdulrasheed Bawa, …
-
The Senate, on Wednesday, resolved to summon the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, to educate and inform senators in a closed session on the reasons …
-
Business
What Osinbajo meant by the Naira exchange rate being kept artificially low – VP’s Office
by editorby editorThe Office of the Vice President, Prof. Yemi Osinbajo, has explained that he was not asking for further devaluation of the nation’s currency when he said that the Naira exchange …