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Economy

BREAKING: Supreme Court Reverse CBN Policy On Naira Notes

The Supreme Court has ordered the circulation of the old naira notes alongside the new ones until December 31. In…

2 years ago

Commercial Banks In Zamfara Dispense Cash To Only Account Holders

Commercial banks in Zamfara State have designed another method of dispensing cash to their customers, insisting that customers can now…

2 years ago

Naira Scarcity: Traders Now Transact Business With Cryptocurrency

As the shortage of naira continues to bite harder, traders have turned to Oduwacoin as payment method for their transactions,…

2 years ago

Elections: Over 500bn Old Naira Notes Yet To Returned To CBN

The Economic and Financial Crimes Commission (EFCC) Chairman, Abdulrasheed Bawa, had said that over N500 billion old naira notes stashed…

2 years ago

CBN Debunks Plan To Shut Down Financial Transactions Over Elections

The Central Bank of Nigeria has debunked rumours of its plans to halt financial transactions from the 23rd to the…

2 years ago

Only Old ₦‎200 Note Remains Legal Tender Till April 10 – Buhari

Nigeria’s president, Muhammadu Buhari, has approved the use of old ₦‎200 notes as legal tender until April 10, 2023. This…

2 years ago

JUST IN: Buhari To Extend Validity Of Old Naira Notes Till April 10

President Muhammadu Buhari is considering extending the validity of old naira notes by 60 days, TheCable understands. This is to…

2 years ago

Old Naira Notes No Longer Acceptable In Nigeria Since February 10 – CBN

The Central Bank of Nigeria (CBN) has declared that the old Naira Notes of N200, N500 and N1000 have ceased…

2 years ago

Dispense New Naira Notes Or I Revoke Your Land, Zulum Warns Banks

Borno State Governor, Professor Babagana Zulum, has directed banks to dispense new naira notes via Automated Teller Machines (ATMs) and…

2 years ago

CBN Tells Banks To Stop PoS Charges

Godwin Emefiele, Central Bank governor has asked banks to stop high charges by the Point of Sale (PoS) agents on…

2 years ago