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Tag "naira scarcity"

Naira scarcity: Ibadan radio presenter ‘slumps, dies while trekking to office’

    Naira scarcity: Ibadan radio presenter ‘slumps, dies while trekking to office’

Baba Bintin, the radio presenter with Fresh FM in Ibadan, Oyo state, has reportedly died on his way to the radio station.

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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) over their non-compliance with the supreme court judgement on the

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Kogi to arrest, prosecute persons rejecting old naira notes

    Kogi to arrest, prosecute persons rejecting old naira notes

The Kogi government has threatened to arrest and prosecute persons and businesses rejecting the old naira notes. Last week, the supreme court ruled that the old N200, N500, and N1,000 notes

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‘Vouchers to fund wallets’ — CBN introduces new eNaira features amid naira scarcity

    ‘Vouchers to fund wallets’ — CBN introduces new eNaira features amid naira scarcity

The Central Bank of Nigeria (CBN) has announced the development of eNaira enhanced services to address challenges faced by unbanked Nigerians. The initiative enables customers to use the unstructured supplementary

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Yiaga Africa: Naira scarcity may encourage vote buying

  Yiaga Africa: Naira scarcity may encourage vote buying

Yiaga Africa, a civil society organisation (CSO), says the hardship caused by the scarcity of naira notes may encourage vote

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FAKE NEWS ALERT: No plan to shut down banking services for elections, says CBN

  FAKE NEWS ALERT: No plan to shut down banking services for elections, says CBN

The Central Bank of Nigeria (CBN) has debunked rumours of its plans to shut down banking services. A viral broadcast

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‘People aren’t buying our eggs’ — entrepreneur bemoans low patronage amid naira scarcity

  ‘People aren’t buying our eggs’ — entrepreneur bemoans low patronage amid naira scarcity

Sanusi Dantata, an entrepreneur, has complained of a reduction in customers’ purchase of eggs. In a tweet on Wednesday, Dantata

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Cash scarcity, insecurity may affect smooth conduct of polls, says interfaith forum

  Cash scarcity, insecurity may affect smooth conduct of polls, says interfaith forum

The Interfaith Dialogue Forum for Peace (IDFP) has raised concerns over possible threats to the successful conduct of the general

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Naira depreciates further, exchanges for N766/$ at parallel market

  Naira depreciates further, exchanges for N766/$ at parallel market

The naira, on Wednesday, depreciated further against the dollar at the parallel section of the foreign exchange market. Bureaux De

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NSA: There are plots to use naira scarcity to create civil unrest during polls

  NSA: There are plots to use naira scarcity to create civil unrest during polls

Babagana Monguno, national security adviser (NSA), says there are plots to use the naira scarcity to cause civil unrest during

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