We will accept N500, N1,000 when Buhari, CBN, give order – Nigerians

    SOME traders and marketers in Lagos have said they would accept the old denominated naira notes of N500 and N1,000, only when President Muhammadu...

NGX: Gains in Tier-1 banking stocks lift market indices

The equity market on the Nigerian Exchange Ltd. (NGX) gained further on Thursday as it recorded N180 billion gains, following investors interest in Tier-one...

Naira Scarcity: TUC appeals to Nigerians to desist from attacking bank workers

Piqued by unwarranted attacks on bank workers and the destruction of several  branches across States, the Trade Union Congress of Nigeria,TUC, has appealed to...

Naira scarcity: Commercial sex workers count losses, decry low patronage

Some commercial sex workers in the Federal Capital Territory have decried low patronage in their business due to the scarcity of naira notes. Some of...

Protests, riots erupt in major cities over scarcity of new Naira notes

Widespread protests and riots have erupted in some states over the scarcity of new Naira notes. The protests and riots follow frustrations of citizens after...

FG boost measures for debt recovery, block revenue loopholes

The Federal Ministry of Finance, Budget and National Planning has stepped up efforts to block revenue loopholes and debt recovery drive. The Director in charge...

Group backs CBN on currency redesign, urges Nigerians to be patient

  A civil society organisation, the Leadership Orientation and Basic Rights Advocacy Centre (LOBRAC), on Monday, said the currency redesign policy by the Central Bank...

Banking industry remains strong, focused — CIBN

  The Chartered Institute of Bankers of Nigeria (CIBN), has said that Nigerian banks are strong, focused and committed to addressing all the contending issues...

Naira crisis: NYCN urges Emefiele to disburse more cash, cautions youth on violence

    The National Youth Council of Nigeria (NYCN) Lagos State Chapter on Monday urged the Central Bank Governor, Mr. Godwin Emefiele to ensure adequate disbursement...

Nigerians Govs: CBN pursuing currency confiscation, worry about emergence of Naira black market

The Nigeria Governors' Forum has accused the Central Bank of Nigeria, CBN of presently pursuing currency confiscation programme, as against currency exchange policy which...
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