Category: Business

Naira re-design:Supreme Court adjourns suit until March 3 for judgment

The Supreme Court on Wednesday adjourned the suit filed by some state governments challenging the Feb. 10 deadline set by the Central Bank of Nigeria (CBN) to end the...

Only N200 notes will be re-issued – CBN

  For the second time in four days,the Central Bank of Nigeria has restated it’s stand that only the old N200 notes will be reissued to the public. This...

CBN recirculates old mutilated N200 notes

  The Central Bank of Nigeria (CBN) has confirmed it has released more N200 notes to banks to dispense to members of the public. But the apex bank was silent on how...

Accountant in ICPC net over  new Naira notes racketeering

    The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arrested an accountant of Oando Filling Station, Dutse Alhaji, Abuja...

Emefiele meets bank executives on old N200 note

..Asks banks to start implementing new directives   Hours after President Muhammadu Buhari informed of government’s decision to allow the old N200 note remain...

World Bank president to step down

  The World Bank Group President, David Malpass has announced his intention to step down from his position by the end of the Bank Group’s fiscal year on the 30th...

Naira redesign: We lost five billion to attack on banks-NUBIFIE

  The Association of Senior Staff of Banks, Insurance and Financial Institution’s (ASSBIFI) has said it lost about N5billion to the attack on banks happened...

Reverse the cash policy to avoid looming anarchy Ortom tells Buhari

Governor Samuel Ortom has urged President Muhammadu Buhari to quickly review the naira swamp and cashless policy warning that the country is facing looming anarchy. The...

Naira redesign: KDSG denies meeting with FG on new date

….Gov el Rufai to address state on next line of action Says Governors Forum rejected moves to allow only N200 new notes …Denies CBN claims of haven’t...

BuhariInsecurity:Resign now, northern elders tell Buhari

Naira redesign: Buhari approves re-introduction of old N200 till April 10

    President Muhammadu Buhari has approved the reintroduction of old N200 note as legal tender alongside the new N200 note until April 10. President Buhari...