The Federal Government recorded N7.34tn fiscal deficit between January 2022 and November 2022, according to figures obtained from the Central Bank of Nigeria. The CBN revealed...
Four days after Supreme Court ruled that old Naira notes validation be extended to December 31, 2023, commercial banks in Benin City, the Edo State capital...
The Central Bank of Nigeria has disbursed N114.17bn to beneficiaries under its 100-for-100 Policy on Production and Productivity since the commencement of the intervention. This was...
The International Monetary Fund has urged the Central Bank of Nigeria and other monetary authorities to deemphasise monetary policy as a way of tackling the resurgence...
The February Purchasing Managers’ Index data released by Stanbic IBTC Bank indicated that the shortage of cash across the country in the month of February might...
The Supreme Court on Friday ordered that the old naira notes must remain in circulation till December 31 this year. The apex court ordered the Central...
Investigations have revealed that Deposit Money Banks (DMBs) have started receiving old N500 and N1000 notes again. Vanguard investigations have indicated that the banks have been...
The International Monetary Fund has disclosed that only 24 per cent of loans dirbursed under the Anchor Borrowers’ Programme of the Central Bank of Nigeria have...
The total amount of currency-in-circulation in the country dropped from N3.29tn as of the end of October 2022 to N1.38tn as of the end of January...
The Kaduna State Governor, Nasir El-Rufai, has denied that governors are against the naira redesign because it would prevent them from inducing voters during the forthcoming...