16 hours ago
Human Rights Writers Association of Nigeria (HURIWA) has warned that incessant scarcity of cash in the country may lead to a revolution, noting that deliberate cash squeeze amounts to human right violation.
17 hours ago
The pronouncement of the Supreme Court last week extending the validity of both the old and the new Nara notes as legal tender until further notice should provide some relief to anxious Nigerians who are already lamenting the scarcity of naira...
1 day ago
Stakeholders and elders of Agbor in Delta State have raised concerns over the safety of former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, whom they alleged is currently being sequestered and shackled like a common criminal by the Nigerian state.
3 days ago
ActionAid Nigeria has warned that the current decision of the Central Bank of Nigeria (CBN) to lift Forex ban on rice importation will significantly affect government’s plan to achieve self sufficiency in rice production.
3 days ago
In a captivating address delivered at the 7th National Conference of the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) held in Abuja on November 22nd, Mr Deremi Atanda, Managing Director of Remita Payment Services Limited (RPSL), outlined a human-centric approach to agency banking as a cornerstone for advancing financial inclusion nationwide. The…
4 days ago
>Despite the economic gains that have come with the Central Bank of Nigeria’s (CBN) policies that enhanced the use of Point of Sale (PoS) machines for financial transactions across the country, the devious activities of scammers are discouraging many from making use of the technology in their business deals.
4 days ago
The Central Bank of Nigeria (CBN) has announced that from April 2024, accounts without Bank Verification Number (BVN) and National Identity Number (NIN) will be frozen.
The Central Bank of Nigeria has warned bank account holders that accounts without a Bank Verification Number (BVN) and National Identification Number (NIN) will be frozen.
The Senate’s panel on gas resources, which is investigating the N135 billion Central Bank of Nigeria (CBN) intervention funds given to some companies in the oil and gas sector, has threatened to alert anti-graft agencies to recover the money from defaulting beneficiaries.
There are indications that the Central Bank of Nigeria (CBN) has discreetly redeployed top officials in the apex bank as part of moves to reinvigorate the institution.
The Supreme Court, yesterday, ruled that the old and new naira notes remain legal tender till further notice.
The pressure on the foreign exchange (FX) market eased, on Tuesday, as naira steadied against the United States dollar in the parallel market.