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Naira Scarcity: NACCIMA Urges CBN to Introduce N5,000 Note

Naira Scarcity: NACCIMA Urges CBN to Introduce N5,000 Note The Director-General of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, Sola Obadimu, says the Central Bank of Nigeria should have introduced a N5,000 note rather than redesigning the old notes. Obadimu said...

JUST IN: Kogi, Kaduna Zamfara Govts Sue FG over New Naira Notes

JUST IN: Kogi, Kaduna Zamfara Govts Sue FG over New Naira Notes Concerned with the effects the Central Bank of Nigeria (CBN)’s naira redesign policy is having on the residents of their respective states, the governments of Kaduna, Kogi and Zamfara have dragged the Federal...

Naira Redesign: In 7 Days, I’ll Take A Major Decision – Buhari

Naira Redesign: In 7 Days, I’ll Take A Major Decision – Buhari President Muhammadu Buhari has implored citizens to give him seven days to resolve the cash crunch that has become a problem across the country from the policy of the Central Bank of Nigeria...

Naira Redesign: Emefiele Should Resign – Basorun

Naira Redesign: Emefiele Should Resign - Basorun Second Republic Secretary to Lagos State Government (SSG) Olorunfunmi Basorun yesterday asked Central Bank of Nigeria (CBN) Governor Godwin Emefiele to resign for taking Nigeria for a ride. He said the CBN policy of currency swap had crippled commercial...

Forex Shortage Likely to Persist Over Polls – Coronation

Forex Shortage Likely to Persist Over Polls - Coronation A prediction by Coronation Merchant Bank has suggested that the foreign exchange liquidity crisis affecting the economy will persist for some time. The Chief Economist of Coronation bank, Chinwe Egwim revealed this via a statement on Wednesday...

Buhari Inaugurates Ministry Of Finance Board, Governing Council

Buhari Inaugurates Ministry Of Finance Board, Governing Council   The President Muhammadu Buhari on Wednesday, inaugurated the Governing Council, Board of Directors and the Executive Management Team of the Ministry of Finance Incorporated, at the council chambers of the State House, Abuja. At the official launch which...