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Tag "naira redesign policy"

Akpabio: Emefiele tried to sabotage 2023 polls with naira redesign policy

    Akpabio: Emefiele tried to sabotage 2023 polls with naira redesign policy

Senate President Godswill Akpabio says Godwin Emefiele, immediate former governor of the Central Bank of Nigeria (CBN), tried to sabotage the conduct of the last general election with the introduction

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Report: 37% of Nigerian businesses cut jobs or reduced working hours due to cash scarcity

    Report: 37% of Nigerian businesses cut jobs or reduced working hours due to cash scarcity

About 36.96 percent of Nigerian businesses had to lay off staff or reduce working hours to weather the cash shortage caused by the naira redesign policy, according to a new

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Naira redesign: Soyinka knocks Emefiele, Buhari, says policy is ‘crime against humanity’

    Naira redesign: Soyinka knocks Emefiele, Buhari, says policy is ‘crime against humanity’

Wole Soyinka, the Nobel laureate, says Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), “committed crime against humanity” with the naira redesign policy. The acclaimed author spoke in

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Banks, businesses comply with CBN’s directive on old notes — but shortage persists

    Banks, businesses comply with CBN’s directive on old notes — but shortage persists

Commercial banks in Lagos have started disbursing the old naira notes to customers at their various automated teller machines (ATMs) terminals and over the counter. The banks were also observed

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TIMELINE: From old notes to old notes — the back and forth with naira redesign policy

  TIMELINE: From old notes to old notes — the back and forth with naira redesign policy

Call it a full-circle movement or a 360-degree journey and you won’t be far off the mark. Such has been

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Naira redesign will contract Nigeria’s GDP by N10trn in Q1 2023, says Yemi Kale

  Naira redesign will contract Nigeria’s GDP by N10trn in Q1 2023, says Yemi Kale

Oyeyemi Kale, former statistician-general of the federation, says Nigeria’s gross domestic product (GDP) would contract in the first quarter (Q1)

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Soludo: CBN has directed banks to dispense, accept old notes… Emefiele confirmed it to me

  Soludo: CBN has directed banks to dispense, accept old notes… Emefiele confirmed it to me

Chukwuma Soludo, Anambra governor, says the Central Bank of Nigeria (CBN) has directed commercial banks to pay out old and

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Naira redesign policy has damaged your credentials, ACF tells Buhari

  Naira redesign policy has damaged your credentials, ACF tells Buhari

The Arewa Consultative Forum (ACF) says the introduction of the naira redesign policy has damaged the credentials of President Muhammadu

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Newspaper Headlines: Four die in Kwara, three in Oyo as naira crisis worsens

  Newspaper Headlines: Four die in Kwara, three in Oyo as naira crisis worsens

The national dailies report cases of casualties as the naira crisis worsens, even as cholera takes two lives in Ebonyi. 

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Naira redesign: 10 states to file contempt charges against FG, CBN over non-compliance

  Naira redesign: 10 states to file contempt charges against FG, CBN over non-compliance

Some state governments are planning to initiate contempt proceedings against the federal government and the Central Bank of Nigeria (CBN)

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