Naira Redesign Policy: Of Faulty Assumptions, Systemic Risks and Ways Out   The current cash crunch is the dominant issue in Nigeria today. To go about their daily lives, many people all over the country are spending countless hours on never-ending queues trying to get some...

Cashless Economy With Tears!, by Hameed M. Bello   Cashless economy is the vogue in many digital economies of the world, and Nigeria does not want to be caught napping, or so it seems. Countries that have since gone cashless include India, Sweden, Denmark, USA, UK,...

Firm Sensitises Nigerians On Adoption of eNaira, List Gains A leading investment and portfolio management company, Gogetit Investment Ltd has organised a one-day sensitization program on the adoption of the e-Naira in Abuja The firm, which is keen on helping Entrepreneurs grow as well as providing...

New Naira: MACBAN Warns CBN over Plights of Herders, Farmers who have no Bank Accounts   The Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN), the umbrella body of Nigerian pastoralists has called on the Central Bank of Nigeria (CBN) to extend the deadline for the...

EXCLUSIVE: Amidst New Naira Note Chaos, e-Naira Onboarding Reaches 3m   Nigerians captured on the Central Bank of Nigeria (CBN)'s e-Naira platform have increased to three million from the previous figure of just over one million. In the wake of series of policies like naira redesign and...

Credit To Govt Rises By 8% To N24.6trn   Credit to the government rose month-on-month (MoM) by eight percent to N24.6 trillion in December 2022 from N22.6 trillion in November. Similarly, credit to the private sector rose MoM by 0.72 percent to N41.8 trillion in December 2022...