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Sunday, May 11, 2025
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Business

Buhari approves 10-day extension for old naira notes

David Abakpa -
President Muhammadu Buhari has approved a 10-day extension for Nigerians to swap their old N1,000, N500 and N200 notes for the new ones. Godwin Emefiele...
Business

Anxiety as traders, others reject old Naira notes

David Abakpa -
Concerned residents of the Federal Capital Territory (FCT), have expressed worry as traders and Point of Sale (PoS) operators are rejecting old Naira notes. The...
National News

CBN refutes scarcity of new naira notes

David Abakpa -
The Central Bank of Nigeria (CBN) has denied scarcity of the new naira notes as alleged by some Nigerians. The CBN Governor, Godwin Emefiele, represented...
Business

CBN ignores stakeholders’ warning, increases interest rate to 17.5%

David Abakpa -
The Monetary Policy Committee of the Central Bank of Nigeria, CBN, has increased the benchmark interest rate by 100 basis points to 17.5 per...
Business

CBN introduces cash swap policy for new notes in villages, others

David Abakpa -
Following its determination to meet the deadline for the total face out of the old Naira notes, the Central Bank of Nigeria (CBN) has...
Economy

CBN warns banks against hoarding of new naira notes, rejection of old notes

David Abakpa -
Central Bank of Nigeria (CBN) has threatened severe sanctions against any bank hoarding the new currency notes and or rejecting the old naira notes...
Business

Governors invite Emiefele over new Naira notes

David Abakpa -
The 36 state governors have invited the Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emiefele, for a virtual meeting on Thursday...
Headlines

JUST IN: DSS storms CBN Headquarters, cordons off Emefiele’s office — Report

David Abakpa -
Operatives of the Department of State Service (DSS) have invaded the headquarters of the Central Bank of Nigeria (CBN), blocking the office of the...
Business

Emefiele not above the law, HURIWA carpets CSOs, demands CBN gov’s arrest

David Abakpa -
Civil rights advocacy group, Human Rights Writers Association of Nigeria, (HURIWA) on Tuesday, said the Governor of the Central Bank of Nigeria, Godwin Emefiele...
Business

Fear as fake Naira notes now in speculation

David Abakpa -
Fake copies of the new N1000 Naira notes have been discovered to be in circulation right now. A mobile money and bank agent in a...
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