Rahma Oladosu

CBN To Push Out More N200 Notes

CBN To Push Out More N200 Notes   The Central Bank of Nigeria (CBN) has marshalled out a plan to flood the system with N200 notes. Aside from meeting with bank chief executives to release the old and new N200 notes in...

Bauchi, Ondo, Anambra Top States With Highest Inflation Rates

Bauchi, Ondo, Anambra Top States With Highest Inflation Rates   The National Bureau of Statistics (NBS) has said inflation rate was highest in Bauchi State with 24.79 per cent. According to a document obtained at the weekend, the review of inflation rate...

Naira Notes Crunch Drags Down Stock Market

Naira Notes Crunch Drags Down Stock Market The bullish sentiment in the equities market which started previous week has been aborted at the backdrop of the prolonged cash crunch emanating from the Central Bank of Nigeria, CBN’s, currency change exercise. Market...

Allow Old, New Naira Notes To remain – Capital Market Stakeholders Advice CBN

Allow Old, New Naira Notes To remain - Capital Market Stakeholders Advice CBN   Stakeholders in the capital market are unanimous that the Federal Government must urgently ease the hardship occasioned by the poor implementation of the naira redesign policy in...

Petrol: Queues May Return As NNPCL Depots Run Low

Petrol: Queues May Return As NNPCL Depots Run Low   Fuel queues may to filling stations soon if the Nigerian National Petroleum Company Limited (NNPCL) does not ramp up importation and beef up petrol supplies across the country. Top oil marketers told...

Naira Crisis Worsens As Currency-in-Circulation Drops To N1.54trn

Naira Crisis Worsens As Currency-in-Circulation Drops To N1.54trn   Amid the worsening naira crisis, the total amount of currency-in-circulation in the Nigerian economy has tumbled from N3.3tn to N1.54tn, a Central Bank of Nigeria document has revealed. This came as a biting...
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