Cash Hawking: CBN Embarks on Mystery Shopping Exercises, Spot Checks to Banks
Adedapo Adesanya By Adedapo Adesanya The Central Bank of Nigeria (CBN) has commenced a mystery shopping exercise and periodic spot…
naira notes
CBN Will Slowly Phase Out Old Naira Notes—Shonubi
By Adedapo Adesanya The Central Bank of Nigeria (CBN) will slowly but surely phase out old N200, N500,…
Cash Scarcity: NLC Orders Workers to Embark on Strike
By Adedapo Adesanya The Nigeria Labour Congress (NLC) has directed public sector workers in the country to embark…
CBN Directs Commercial Banks to Accept Old Naira Notes—Soludo
Modupe Gbadeyanka By Modupe Gbadeyanka The Governor of Anambra State, Mr Charles Soludo, has disclosed that commercial banks in the…
Supreme Court: In Defence of CBN
Business Post Contributor By Chris Enyinnaya The Supreme Court (SC) judgement of 10 March 2023 ordering the validity of N500 and…
Traders, Artisans Reject Old Naira Notes as Banks Begin Disbursement
By Adedapo Adesanya Business Post has gathered that although some Nigerian banks have started disbursing the old higher…
DSS Arrests Sellers of New Naira Notes
By Modupe Gbadeyanka Some persons involved in the sale of the newly redesigned Naira notes have been arrested…
Naira Loses N5 After Unveiling of Redesigned Notes by Buhari
Dipo Olowookere By Dipo Olowookere The parallel market segment of the foreign exchange (forex) market in Nigeria has reacted negatively…
CNPP, EFCC Praise CBN for Change of Naira Notes
By Modupe Gbadeyanka The decision of the Central Bank of Nigeria (CBN) to change the look of the…
Lower Naira Notes Scare Because of Hoarding—CBN
By Dipo Olowookere Nigerians, who have been wondering why lower Naira notes have been short in supply lately,…