No Deadline 0n Circulation of Old Naira Notes—CBN
Modupe Gbadeyanka By Modupe Gbadeyanka The Central Bank of Nigeria (CBN) has denied reports that it has been given till…
Naira redesign
CBN Indefinitely Extends Validity of Old Naira Notes as Cash Scarcity Reappears
By Modupe Gbadeyanka The Central Bank of Nigeria (CBN) has announced the indefinite extension of the December 31,…
CBN Will Slowly Phase Out Old Naira Notes—Shonubi
Adedapo Adesanya By Adedapo Adesanya The Central Bank of Nigeria (CBN) will slowly but surely phase out old N200, N500,…
Currency in Circulation Jumps 56% to N2.5trn, Currency Outside Banks Now N2.1trn
By Adedapo Adesanya Data from the Central Bank of Nigeria (CBN) has revealed that the currency in circulation…
Nigeria’s Naira Redesign; Avarice Versus Envy
Business Post Contributor By Prince Charles Dickson PhD Two neighbours came before Jupiter and prayed to him to grant their hearts’…
Old Notes: Malami, Emefiele Never Instructed to Disobey Supreme Court—Buhari
Aduragbemi Omiyale By Aduragbemi Omiyale President Muhammadu Buhari has declared that he never instructed the Attorney General of the Federation…
Naira Redesign Will Have Limited Impact on Banks’ Profitability—Analyst
Dipo Olowookere By Dipo Olowookere A senior analyst with the London-based Financial Institutions Group, Mr Mik Kabeya, has submitted that…
Naira Redesign: SERAP Urges Buhari to Obey Supreme Court
By Adedapo Adesanya The Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to announce steps…
Redesign Gone Wrong? – Costly Cashless
How does the central bank retrieve 84.5% of a country’s currency in circulation in just 90 days? This…
Supreme Court Fixes March 3 for Judgement on Naira Redesign
By Aduragbemi Omiyale The Supreme Court has fixed Friday, March 3, 2023, for judgement on the suit filed…