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The benchmark interest rate (MPR) was increased by 100 basis points to 16.5%, the highest level since 2001, by the Monetary Policy Committee (MPC) of the...
A Nassarawa-based businessman, Ajogwu Ochada, on Thursday, recounted how he lost N200,000 in his business account with Zenith Bank. Ochada said that on July 3, he...
The Central Bank of Nigeria, CBN, has directed commercial banks in the country to work on Saturdays till January 31, 2023, to enable customers return existing...
Terrorist group, Islamic State of the West African Province (ISWAP) has been thrown in confusion over the Naira redesign proposed by the Central Bank of Nigeria...
One of the three naira notes that are set to be redesigned, according to Atiku Abubakar, the Peoples Democratic Party’s (PDP) presidential candidate, should have the...
In order to beat the Central Bank of Nigeria (CBN) deadline of January 31, 2023, to stop the circulation of old naira notes, a hoarder reportedly...
In defense of his decision to support the Central Bank of Nigeria’s (CBN) redesign of some naira notes, President Muhammadu Buhari claimed that he was sure...
The United Bank for Africa (UBA) has altered its hours so that clients can deposit their current naira notes before the release of new ones in...
Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN), indicated that the bank would issue newly designed Naira notes by December 15, 2022. He...
By Tolulope Oke The exchange rate between the naira and the US dollar increased to N735/$1 at the black market, on Friday, 7th October 2022, representing...