Tag: CBN

CBN reviews tenure limit for bank management, executives

By Abimbola Mohammed The Central Bank of Nigeria (CBN) has announced a tenure limit...

Supreme Court adjourns suit on naira crisis

By Abimbola Mohammed  The Supreme Court has adjourned judgement in the new naira...

Consumers revert to superstores to avoid cash transactions

By Oghale Mafuru As Nigerians prepares for the polls to determine the next democratically...

Deploy monetary, fiscal policies to tame inflation, LCCI tasks FG

By Ibidunni Banjoko Amid the redesigned naira note scandal, the Lagos Chamber...

CBN backtracks, orders banks to collect “old” N1,000 and N500 notes

By Abimbola Mohammed The Central Bank of Nigeria (CBN) has ordered banks to start...

Banknote scarcity pushes e-payment to N39.58tn with 40% increase in POS

By Felicia Nwosu The recent revelation by the Nigeria Inter-Bank Settlement System...

Naira redesign policy skyrockets inflation to 21.82% – NBS

By Felicia Nwosu The National Bureau of Statistics (NBS) has revealed that Nigeria’s...

Infrastructural deficits threaten FG cashless policy

By Oghale Mafuru Following the cashless policy of the Federal Government which...

Chaos looms as road transport workers reject old Naira notes, threaten strike action

By Zion Rufus As fuel stations and banks begin to reject old naira notes amidst...

Brands patronage shrinks as Nigerians reject old naira notes

By Oghale Mafuru Brands particularly those in the Fast-Moving Consumer Goods,...