Challanges Faced With Redesign Naira Notes - Emefiele Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Friday blamed the unpleasant situation created by the Naira swap on the limited capacity to print enough new Naira notes. Emefiele said this factor led to...

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...

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...

New Naira: 300 LGs don’t have banks, Says APC chieftain The National Vice Chairman of the All Progressives Congress (North-West), Salihu Lukman, has disclosed that over 300 out of 774 Local Governments, especially in the North, have no presence of financial institutions to swap, access...

JUST IN: Supreme Court Bans CBN from Implementing Deadline on Old Naira Notes  The Supreme Court has restrained the Federal Government from implementing the February 10 Deadline of the old 200, 500 and 1000 naira notes to stop being legal tender. Three northern states — Kaduna,...

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...