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New Notes Dry up as Old Cash Circulation Improves

New Notes Dry up as Old Cash Circulation Improves Currency circulation has improved in major cities across Nigeria following the third day full implementation of the Supreme Court ruling on the legal tender status of old Naira banknote. Findings reveal that banks have started simultaneous dispensing...

Naira redesign implemention failure and its consequences

Naira redesign implemention failure and its consequences By Kingsley Moghalu There is the fundamental lesson of whether our institutions in Nigeria have been hijacked and subverted from serving the Nigerian people and our economy to serving personal and political agendas. The terrible suffering and economic loss that...

Abuja Traders Lament Biting Fuel Scarcity, Cash Crunch

Abuja Traders Lament Biting Fuel Scarcity, Cash Crunch By Kabir Akintayo Traders and buyers in the Federal Capital Territory (FCT) have expressed displeasure over the unending cash crunch and fuel scarcity in the city. The traders who spoke to our ECONOMY ON THE STREET ANCHOR, Rahma Oladosu,...

Naira Redesign Minimized Influence of Money Politics – Buhari

Naira Redesign Minimized Influence of Money Politics – Buhari President Muhammadu Buhari says the Naira redesign policy has limited money politics to a reasonable extent ahead of the February 25 election. During his nationwide broadcast on Thursday morning, Buhari urged the electorate to go out to...

JUST IN: Buhari Extends Validity of Old N200 Notes to April 10

JUST IN: Buhari Extends Validity of Old N200 Notes to April 10 President Muhammadu Buhari has announced the extension of the validity of old N200 notes until April 10. Announcing the development in a televised nationwide address on Thursday and monitored by Politics Digest, the president...

Buhari Full Speech on CBN’s Naira Redesign Policy 

Buhari Full Speech on CBN's Naira Redesign Policy  NATIONAL BROADCAST BY HIS EXCELLENCY MUHAMMADU BUHARI, PRESIDENT, FEDERAL REPUBLIC OF NIGERIA ON THE CHALLENGES OF THE CURRENCY SWAP AND STATE OF THE NATION, ON 16th FEBRUARY, 2023 My Dear Compatriots, ​I have found it necessary to address you...