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Tag: of Central Bank of Nigeria (CBN)

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EX-NNPC Chief, Yakubu Sues EFCC, CBN, GTB, Over Seized $9.8m

By Agency Report The former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu, has sued the EFCC, the Central Bank...

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Scarcity of New Naira Notes Hits FCT, Residents Cry Out

By Agency Report Some residents of Abuja and environs have lamented the scarcity of the new naira notes. The Central Bank of Nigeria (CBN) has restored...

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Prudent Expenditure And Nigeria’s quest For Debt Sustainability

By Agency Report In recent times, the media has been awash with news about the huge debt burden that the incoming government would inherit from...

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Change Of Guard: Moruf Oseni Takes Over As MD/CEO of Wema Bank

Wema Bank Plc has announced the official takeover of Moruf Oseni as the substantive Managing Director and Chief Executive Officer effective April 1, 2023. Oseni...

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Naira Redesign And Challenge of Currency Management

By Kadiri Abdulrahman, NAN When the Central Bank of Nigeria (CBN) introduced the Naira redesign policy in October, 2022, it informed the public that it...

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Breaking! CBN Makes U-turn, Declares Old N200, N500, N1,000 Notes Legal Tender Till Dec. 31

After weeks of disobeying court orders, the Central Bank of Nigeria (CBN) has finally rescinded its hard-line decision which stopped the use of the...

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Breaking! Malami, Emefiele Acting Alone, Buhari Never Told Them To Disobey S’Court Order On Old Notes — Presidency Opens Up

The presidency on Monday broke silence on the Supreme Court order on the continuous use of the old naira notes, saying President Muhammadu Buhari...

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