Cardoso Says Nigerian Banks Now Better Equipped to Finance Economy
Femi Ashekun/ The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said Nigerian banks are now better…
CBN Moves to End Confusion as Businesses Reject N100 Notes over Legal Tender Fears
Matilda Omonaiye/ The Central Bank of Nigeria (CBN) has moved to quell growing confusion over the legal status of the…
Lagos, Kano Hardest Hit as CBN Revokes Licences of 46 Microfinance Banks
Pat Stevens/ The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks across the country…
Otedola Explains 92% Drop in First Bank’s Profit as One-Off N748Bn Loan Clean-Up
Femi Ashekun/ Chairman of First Bank Holdings Plc, Femi Otedola, has attributed the bank’s 92 percent plunge in profit after…
CBN Orders Banks to Accept Only Digital Affidavits from Customers
Pat Stevens/ The Central Bank of Nigeria (CBN) has directed all financial institutions in Abuja, the Federal Capital Territory (FCT),…
Supreme Court Orders Old N200, N500, N1,000 Notes to Remain Legal Tender Till Dec 31
Pat Stevens/ The Supreme Court today ordered that old N200, N500, N1,000 notes remain in circulation till December 31, 2023.…
Aisha Posts Buhari’s New Move on Naira as President Orders Recirculation of Old Notes
Pat Stevens/ First Lady, Aisha Buhari, has shared a post on her Instagram page on what appears as President Muhammadu…
Naira Scarcity: Buhari Enjoins Citizens to Endure Hardship
Pat Stevens/ President Muhammadu Buhari has appealed to Nigerians to endure the hardship caused by the scarcity of new naira…
New Naira: Supreme Court Adjourns Suit as Protest Resumes in Lagos, Ogun, Oyo
Femi Ashekun & Ololade Adeyanju/ The Supreme Court has, again, adjourned hearing in a suit filed by Kaduna, Kogi and…
Breaking: CBN Extends Deadline for Return of Old Naira Notes
Pat Stevens/ The Central Bank of Nigeria (CBN)has extended the deadline for return of old series of 200, 500 and…