By Adedapo Adesanya The Central Bank of Nigeria (CBN) has commenced a mystery shopping exercise and periodic spot checks to Deposit Money Banks (DMBs) in its...
By Adedapo Adesanya The Central Bank of Nigeria (CBN) will slowly but surely phase out old N200, N500, and N1,000 notes with the redesigned ones, according...
By Adedapo Adesanya The Nigeria Labour Congress (NLC) has directed public sector workers in the country to embark on strike beginning from Wednesday, March 29, 2023....
By Modupe Gbadeyanka The Governor of Anambra State, Mr Charles Soludo, has disclosed that commercial banks in the country have been directed to dispense and accept...
By Chris Enyinnaya The Supreme Court (SC) judgement of 10 March 2023 ordering the validity of N500 and N1000 notes as legal tender currency up till...
By Adedapo Adesanya Business Post has gathered that although some Nigerian banks have started disbursing the old higher denominations of Naira notes, traders, artisans, and retailers,...
By Modupe Gbadeyanka Some persons involved in the sale of the newly redesigned Naira notes have been arrested by officials of the Department of State Services...
By Dipo Olowookere The parallel market segment of the foreign exchange (forex) market in Nigeria has reacted negatively to the unveiling of the redesigned Naira notes...
By Modupe Gbadeyanka The decision of the Central Bank of Nigeria (CBN) to change the look of the Naira notes, the N200, N500, and N1,000 denominations,...
By Dipo Olowookere Nigerians, who have been wondering why lower Naira notes have been short in supply lately, can now know the reason behind this. Yesterday,...
