The idea behind the hurried redesign of some naira notes was mainly targeted at corrupt Nigerians…
Category: Banking
CBN unveils National Domestic Card
The Governor of the Central Bank of Nigeria,CBN,Godwin Emefiele has unveiled an African Central Bank led…
Abuja ATMs still dispense old Naira bills
Gift Wada Barely a week to the January 31 deadline by the Central Bank of Nigeria…
Reps threaten Emefiele, bank chiefs with arrest
In the event that they fail to honour invitation to meet with lawmakers, Speaker of the…
Ortom joins plea to shift new naira swap deadline
As lawmakers and other stakeholders continue to mount pressure on the Central Bank of Nigeria, CBN,…
No extension to deadline on old naira notes – Emefiele
The January 31 deadline to end transactions with old naira notes will not be extended, Governor…
CBN raises interest rate to 17.5%
The Monetary Policy Committee of the Central Bank of Nigeria, CBN, on Tuesday increased the benchmark…
Banks to appear before Reps over shortage of new naira notes
Commercial banks in the country have been summoned to appear before an ad hoc committee of…
CBN to aid rural dwellers access new naira notes
Nigerians in the rural areas have no need to panic over how they will access the…
Banks Behaving Badly
Paul Nwabuikwu The other day, a friend described Nigerian banks as “conscienceless shylocks”. He wasn’t the…