Naira Scarcity: Nigerians Bank On Supreme Court As Hearing Resumes Today   As the Supreme Court today (Wednesday) resumes hearing on the old naira note deadline suit between some state governments and the Federal Government, Nigerians, especially consumer and business groups as well as professional and...

CBN To Push Out More N200 Notes   The Central Bank of Nigeria (CBN) has marshalled out a plan to flood the system with N200 notes. Aside from meeting with bank chief executives to release the old and new N200 notes in their vaults, the CBN will,...

Naira Notes Crunch Drags Down Stock Market The bullish sentiment in the equities market which started previous week has been aborted at the backdrop of the prolonged cash crunch emanating from the Central Bank of Nigeria, CBN’s, currency change exercise. Market operators indicated that the bullish...

Allow Old, New Naira Notes To remain - Capital Market Stakeholders Advice CBN   Stakeholders in the capital market are unanimous that the Federal Government must urgently ease the hardship occasioned by the poor implementation of the naira redesign policy in order to safeguard the economy. Most...

Naira Crisis Worsens As Currency-in-Circulation Drops To N1.54trn   Amid the worsening naira crisis, the total amount of currency-in-circulation in the Nigerian economy has tumbled from N3.3tn to N1.54tn, a Central Bank of Nigeria document has revealed. This came as a biting shortage of new naira notes...

Impact Of Cashless Policy On MSMEs, Rural Businesses In 2012, the Central Bank of Nigeria (CBN) embarked on the journey to operating a cashless economy and it kindled hopes that the country was willing to play in the global financial ecosystem where digitisation is the...