EXPLAINED: How the Naira devaluation will affect you
The Naira devaluation occurred on Wednesday, June 14, 2023, when the Central…
CBN moves to unify the exchange rate, asks banks to trade freely at any rates
The Central Bank of Nigeria has officially devalued the Naira by removing…
CBN denies alleged plan to shut down Banks, insists it has capacity to print Naira
For the records, what Mr. Emefiele told the meeting was that the…
Why CBN may not obey Supreme Court order on Naira swap deadline
Supreme Court order on Naira swap deadline may not be binding on…
Nigeria Cash Chaos: Africa’s largest economy faces unprecedented currency scarcity
Seven out of ten Nigerians had found themselves in a tough situation…
How we tried to stop Banks from selling all new Naira notes to rich customers – Emefiele [VIDEO]
Emefiele recounted how the apex bank devised several measures to stop banks…
New Naira note scarcity triggers black market for cash, dealers charge N300 per N1,000
The new Naira note scarcity has caused long queues at cash machines…
CBN hauls N1.9 trillion into banking system in 90 days, hunts for extra N900B with 10-day window
There will be an additional 7-day grace period, beginning on February 10…
CBN bows to pressure, increases weekly cash withdrawal limit to N500k
The Central Bank of Nigeria has revised the over-the-counter cash withdrawal limit…
Nigeria in Brief: Buhari and Gbajabiamila in closed door meeting as court stops suit to arrest CBN governor.
In today’s edition of Nigeria in Brief: Gbajabiamila meets with Buhari in…