HomeTagsCentral Bank of Nigeria

Tag: Central Bank of Nigeria

CBN: Rate In View As MPC Meets Today

CBN: Rate In View As MPC Meets Today   The Monetary Policy Committee (MPC) is due to begin its two-day meeting on the economy on Monday (today) amid the economic crisis fuelled by the naira redesign policy and fuel scarcity. Analysts in the country have said the...

e-Naira: Taking Agriculture in Nigeria to New Technological Heights, by Abdulrahman Abdulraheem

e-Naira: Taking Agriculture in Nigeria to New Technological Heights, by Abdulrahman Abdulraheem   Agriculture in Nigeria has an interesting history. A history of ups and downs. Long before the discovery of oil and gas in commercial quantity, from the precolonial and colonial days to the First...

Naira Redesign Implemention Failure and Its Consequences

Naira Redesign Implemention Failure and Its Consequences   The terrible suffering & economic loss Nigerians and Nigeria have experienced as a result of the faulty IMPLEMENTATION of the Central Bank of Nigeria’s Naira redesign policy, the entry of the judiciary into central banking functions, all show...

NIBSS: E-payment Declines to N37tn as Failed Transaction Mount – Report

NIBSS: E-payment Declines to N37tn as Failed Transaction Mount - Report The Nigeria Inter-Bank Settlement System data has revealed that the increase failed payment transactions in February caused a 4.83 per cent decrease in the value of cashless transactions to N37.67tn from the N39.58tn that...

Report Reveals Economy Lost N20trn On CBN’s 70% Cash Mop-up

Report Reveals Economy Lost N20trn On CBN’s 70% Cash Mop-up   Nigeria’s economy is grinding to a halt and has lost about N20tn following the over 70 per cent mop-up of cash by the Federal Government through the Central Bank of Nigeria, a new report by...

Emefiele Confirmed To Me Old Naira Notes Are Now Acceptable – Soludo

Emefiele Confirmed To Me Old Naira Notes Are Now Acceptable - Soludo   There are strong indications that the federal government has decided to obey the Supreme Court ruling on the continuous use of old naira notes till December 31, 2023. Commercial Banks have been ordered to...