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Old N200, N500, and N1,000 Bank Notes Remain Legal Tender – CBN

Old N200, N500, and N1,000 Bank Notes Remain Legal Tender - CBN In compliance with the established tradition of obedience to court orders and sustenance of the Rule of Law Principle that characterized the government of President Muhammadu Buhari, and by extension, the operations of...

How Naira Scarcity is Frustrating our Love Lives – Abuja Residents Lament 

How Naira Scarcity is Frustrating our Love Lives - Abuja Residents Lament  By Aisha M. Abisola Some Abuja residents have blamed President Muhammadu Buhari and Central Bank of Nigeria (CBN) governor, Godwin Emefiele, for their boring and unexciting love life in recent months. The Abuja residents who...

JUST IN: Emefiele has no Reason to Disobey Supreme Court Ruling on Old Naira Notes – Buhari

JUST IN: Emefiele has no Reason to Disobey Supreme Court Ruling on Old Naira Notes - Buhari President Muhammadu Buhari has disowned the Central Bank of Nigeria (CBN) governor, Godwin Emefiele, saying he never told him to disobey the ruling of the Supreme Court on...

Abuja Traders Lament Biting Fuel Scarcity, Cash Crunch

Abuja Traders Lament Biting Fuel Scarcity, Cash Crunch By Kabir Akintayo Traders and buyers in the Federal Capital Territory (FCT) have expressed displeasure over the unending cash crunch and fuel scarcity in the city. The traders who spoke to our ECONOMY ON THE STREET ANCHOR, Rahma Oladosu,...

An Islamic Law Analysis of the Naira Swap Policy

An Islamic Law Analysis of the Naira Swap Policy By Nurudeen Olaleye, Esq. Recently, Nigeria re-designed three of her bank notes, namely; N200, N500 and N1,000 and introduced same into the financial system. The Federal Government of Nigeria acting through the Central Bank of Nigeria (CBN)...

Ramadan: Chief Imam Urges CBN to Release More New Notes

Ramadan: Chief Imam Urges CBN to Release More New Notes The Chief Imam of Nurul Yaqeen Jumma’at Mosque Life Camp, Abuja, Sheikh Yahya Al-Yolawi, on Friday called on the Central Bank of Nigeria (CBN) to release more redesigned naira notes as the months of Ramadan...