As scheduled, the new naira notes have gone into circulation today as commercial banks in major cities in Nigeria, particularly Lagos and Abuja have started dispensing...
Falana noted that the new policy is in contradiction to the constitution and other relevant economic laws of the country
All the major political parties vying for Nigeria’s presidential position have said the new withdrawal limits introduced by the Central Bank of Nigeria (CBN) would hurt...
The House of Representatives has asked the CBN Governor, Godwin Emefiele to appear before the House Committee on Banking and Finance. This is coming a few...
The House of Representatives has invited the CBN governor to brief the house about the new policy.
Nigeria does not have the infrastructure to run a cashless society given the size of cash transactions done daily.
More Nigerians embrace eNaira wallet as CBN takes adoption campaign across the nation
Nigerians can no longer withdraw more than N20,000 a day
The Central Bank Of Nigeria has imposed fresh cash withdrawal limits across all financial channels. The withdrawal which takes effect from January 9, 2023, will affect...
The official foreign exchange receipt from crude oil sales into Nigeria’s official reserves has dried up steadily from above US$3.0 billion monthly in 2014 to an...