IBRAHIM MODIBBO CBN: The diaspora exploration …C0NTINUE READING HERE >>> By Dr Ibrahim Modibbo In the race towards globalization and multiculturalism in moderneconomies, consensus is built around strategic thinking for the commongood of the people. Conscious of the enormity of myriad of problemsconfronting the Nigerian economy, the Apex Bank, Central Bank of Nigeriais strategizing with … Read more
Reps Knocks CBN Over Old ₦200, ₦500, ₦1000 Validity …C0NTINUE READING HERE >>> The Labour Party Caucus Leader in the House of Representatives, Afam Ogene, has criticized the Central Bank of Nigeria (CBN) for its lack of clarity regarding the use of both old and new Naira notes. Ogene’s statement, released in Abuja on Friday, … Read more
Old naira notes not expiring in December …C0NTINUE READING HERE >>> The Central Bank of Nigeria (CBN) has dismissed reports that the old N200, N500, and N1,000 banknotes will cease to be legal tender by December 31, 2024. The Apex Bank in a statement by Mrs. Sidi Ali, the Acting Director of Corporate … Read more
CBN Speaks On Deadline For Old ₦200, ₦500, And ₦1,000 Naira Notes …C0NTINUE READING HERE >>> The Central Bank of Nigeria (CBN) has officially refuted rumours suggesting that old Naira notes will cease to be legal tender by December 31, 2024. In a decisive statement issued by the Acting Director of Corporate Communications, Mrs. Hakama … Read more
Withdraw Old Naira Notes, Release Sufficient New Notes- Nigerian Lawmakers Tell CBN …C0NTINUE READING HERE >>> Nigerian lawmakers have asked the CBN to withdraw old Naira notes and release sufficient new ones. Newsone Nigeria reports that the House of Representatives has urged the Central Bank of Nigeria (CBN) to ensure the wide circulation of new notes … Read more
Reps Issues Directive To CBN On Old And New Naira Notes …C0NTINUE READING HERE >>> The House of Representatives have asked the Central Bank of Nigeria (CBN) to withdraw old currency notes and increase the issuance of new naira notes. In response to a motion of urgent national significance put forth by Adam Victor Ogene … Read more
Weak Naira Has Certain Advantage – CBN Gov …C0NTINUE READING HERE >>> The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, on Thursday revealed that the weak naira helps boost Nigeria’s exports to other nations. Cardoso made this claim in Abuja during the Nigerian Economic Summit (NES). The Governor of the apex bank … Read more
World Bank Says Naira Is Among Worst Performing Currencies in Africa …C0NTINUE READING HERE >>> According to the World Bank, Naira is among Africa’s worst-performing currencies. Newsone Nigeria reports that Nigeria’s official legal tender, the Naira is among the worst-performing currencies in sub-Sahara Africa at the end of August 2024. This online news platform understands that … Read more
How our interventions produced encouraging outcomes – Cardoso …C0NTINUE READING HERE >>> Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says “strategic interventions” of the apex bank have produced encouraging outcomes. He stated this while making a presentation at a stakeholders’ meeting held by the House Committee on Banking Regulations, on Tuesday. According … Read more
Several innovations ongoing in banking industry – CBN …C0NTINUE READING HERE >>> Innovations are currently ongoing in the banking industry across the world, Dr Adetona Adedeji, the Acting Director, Banking Supervision Department at the Central Bank of Nigeria (CBN) says. Adedeji,who said this at the 30th Nigerian Economic Summit (NES) in Abuja on Monday, said … Read more