HomeFinancial

Financial

Naira Scarcity: Traders, Food Vendors Others Accept Transfers

Naira Scarcity: Traders, Food Vendors Others Accept Transfers Some food vendors, traders and hawkers in Lagos State have resolved to accept bank transfers from their various customers not to miss out on some sales. The traders in separate interview on Friday, said that they had no...

Another Northern State Drags FG To Court Over Naira Redesign

Another Northern State Drags FG To Court Over Naira Redesign Kano, a northwest state in Nigeria has dragged the federal government before the supreme court over the Central Bank of Nigeria's (CBN) naira redesign policy. The state attorney general through his counsel, Sanusi Musa, prayed to...

Fuel, Naira Scarcity: TUC Threatens to Sue FG

Fuel, Naira Scarcity: TUC Threatens to Sue FG The Trade Union Congress on Thursday threatened to take “constitutional and legal ways” against the Federal Government over the lingering scarcity of new naira notes and fuel. Speaking during a press conference in Abuja, the National President of...

New Naira: Nigerians in Deep Confusion as CBN Deadline Ends Today

New Naira: Nigerians in Deep Confusion as CBN Deadline Ends Today Nigerians, especially bank customers, were gripped with confusion and uncertainty over whether today’s deadline by the Central Bank of Nigeria for the phasing out of the old naira notes still remains or it has...

Naira Redesign: The Many Sides of a Fiscal Policy By Kabir Akintayo

Naira Redesign: The Many Sides of a Fiscal Policy By Kabir Akintayo   Opinions of many political parties towards the redesigning of Nigeria’s currency denominations of 200, 500, and 1000 naira varies. Ironically, opposition parties have thrown their weight behind the policy conceptualized by the ruling...

Emefiele And The Logs In His Eyes By Felix Oboagwina

Emefiele And The Logs In His Eyes By Felix Oboagwina What an irony! The operational network of Zenith Bank has collapsed for over a week now. No customer can transfer a farthing of their own savings out to other banks. Neither can they fish out as...