JUST IN: Supreme Court Adjourns Suit On CBN’s Naira Swap Policy Till Feb 22   The Supreme Court has adjourned the case on the naira swap policy of the Central Bank of Nigeria (CBN) till Wednesday, February 22 for hearing of the consolidated suits by 10...

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...

Another Northern State Drags FG To Court Over Naira Redesign Kano, a northwest state in Nigeria has dragged the federal government before the supreme court over the Central Bank of Nigeria's (CBN) naira redesign policy. The state attorney general through his counsel, Sanusi Musa, prayed to...

Nigeria's Cash Crunch and e-Naira's 'Emi Lokan' Moment, by Abdulrahman Abdulraheem   "Nothing is more powerful than an idea whose time has come." - Victor Hugo When the Presidential candidate of the All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu, made the famous 'Emi Lokan' (It is my...

Naira Redesign: The Many Sides of a Fiscal Policy By Kabir Akintayo   Opinions of many political parties towards the redesigning of Nigeria’s currency denominations of 200, 500, and 1000 naira varies. Ironically, opposition parties have thrown their weight behind the policy conceptualized by the ruling...

Naira Redesign: In 7 Days, I’ll Take A Major Decision – Buhari President Muhammadu Buhari has implored citizens to give him seven days to resolve the cash crunch that has become a problem across the country from the policy of the Central Bank of Nigeria...