Naira redesign policy

CBN Indefinitely Extends Validity of Old Naira Notes as Cash Scarcity Reappears

November 15, 2023

By Modupe Gbadeyanka The Central Bank of Nigeria (CBN) has announced the indefinite extension of the December 31, 2023, deadline for the validity of

Economy

Moghalu Explains Why CBN Naira Redesign Policy Woefully Failed

March 24, 2023

Aduragbemi Omiyale

By Aduragbemi Omiyale A former deputy Governor of the Central Bank of Nigeria (CBN), Mr Kingsley Moghalu, has attributed the failure of the Naira

Banking

Naira Redesign Will Have Limited Impact on Banks’ Profitability—Analyst

March 7, 2023

Dipo Olowookere

By Dipo Olowookere A senior analyst with the London-based Financial Institutions Group, Mr Mik Kabeya, has submitted that the Naira redesign policy of the

Economy

Nigerian Currency Falls After Court Cancels Naira Redesign Policy

March 4, 2023

Adedapo Adesanya

By Adedapo Adesanya After the Supreme Court on March 3, 2023, cancelled the Naira redesign policy of the Central Bank of Nigeria (CBN), the

General

Supreme Court Fixes March 3 for Judgement on Naira Redesign

February 22, 2023

Aduragbemi Omiyale

By Aduragbemi Omiyale The Supreme Court has fixed Friday, March 3, 2023, for judgement on the suit filed by 11 state governments against the

Economy

Fuel Scarcity, Naira Redesign Policy Have Affected APC Ratings—Akeredolu

February 15, 2023

Aduragbemi Omiyale

By Aduragbemi Omiyale Governor Rotimi Akeredolu of Ondo State has lamented that the fuel scarcity and the Naira redesign policy have affected the ratings

Economy

Naira Redesign: Buhari Meets Ex-Presidents, Governors, Emefiele, Others

February 10, 2023

Dipo Olowookere

By Dipo Olowookere President Muhammadu Buhari is currently having a crucial National Council of State meeting with some former presidents of Nigeria, serving governors,

Banking

Naira Scarcity: CIBN Urges Customers to Stop Attacks on Banking Facilities

February 7, 2023

Aduragbemi Omiyale

By Aduragbemi Omiyale The professional body for bankers in the country, the Chartered Institute of Bankers of Nigeria (CIBN), has appealed to citizens of