USSD: Enhancing e-Naira's Capacity to Ease Cash Crunch Pains, by Abdulrahman Abdulraheem   There is no doubting the fact that the naira redesign policy of the Central Bank of Nigeria (CBN) which led to the unintended consequence of naira scarcity was not meant to punish or...

Cash Crunch: CBN Launches USSD for eNaira The Central Bank of Nigeria has launched the USSD channel of the Central Bank Digital Currency tagged the eNaira on Bullnet platform to boost the usage of the platform. It was launched in Lagos on Thursday during an event...

Between e-Naira and Cash Crunch: Tackling Misinformation and Disinformation, by Abdulrahman Abdulraheem   From time immemorial, the world has placed enormous responsibilities on the shoulders of the media. Aside the traditional functions of informing, educating and entertaining the populace, the media has metamorphosed into the most...

MSMEs Battle For Survival As Cash Crunch Worsens   Micro, Small and Medium Enterprises (MSMEs) are contending with a barrage of constraints now worsened by the cash crunch nationwide, as analysts predict further decline in Nigeria’s economy. The furore and civil unrest that have trailed the new...

JUST IN: CBN Denies Ordering Banks to Collect Old N1000, N500 Notes By Ozumi Abdul The Central Bank of Nigeria (CBN) has denied reports making the rounds that it has authorized deposit money banks to collect the old N500 and N1,000 banknotes. In a statement by Osita...

Cash Crunch: CBN Gives Fresh Order to Banks Over Old N500, N1,000 Notes The Central Bank of Nigeria (CBN) has directed commercial banks to start collecting the old N500 and N1,000 notes from the public with immediate effect. It was also learned that the CBN however...