Thursday, May 16, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Tag "naira scarcity"

‘Does APC want to truncate election?’ — Wike speaks on naira scarcity at meeting with Tinubu

    ‘Does APC want to truncate election?’ — Wike speaks on naira scarcity at meeting with Tinubu

Nyesom Wike, governor of Rivers, on Wednesday, hosted Bola Tinubu, the presidential candidate of the All Progressives Congress (APC). The meeting was held at the Rivers government house in Port

0 comment Read Full Article

EXCLUSIVE: Buhari to extend validity of old naira notes till April 10

    EXCLUSIVE: Buhari to extend validity of old naira notes till April 10

President Muhammadu Buhari is considering extending the validity of old naira notes by 60 days, TheCable understands. This is to avoid disobeying the order of the Supreme Court of Nigeria

0 comment Read Full Article

PHOTOS: Residents attack banks in Edo over naira scarcity

    PHOTOS: Residents attack banks in Edo over naira scarcity

  Residents of Benin, the capital of Edo state, have taken to the streets to protest the lingering scarcity of naira notes in the country. A witness told TheCable that

0 comment Read Full Article

Burnt ATM, blocked roads — protests erupt nationwide over naira scarcity

    Burnt ATM, blocked roads — protests erupt nationwide over naira scarcity

The scarcity of new naira notes has seen many Nigerians across the country take to the streets in protest. On Wednesday, protests broke out in Edo, Delta, Rivers, Ondo, and

0 comment Read Full Article

Naira scarcity: Nigerians are starving | Buhari unwilling to call Emefiele to order, says NEF

  Naira scarcity: Nigerians are starving | Buhari unwilling to call Emefiele to order, says NEF

The Northern Elders Forum (NEF) says President Muhammadu Buhari is “unwilling” to call Godwin Emefiele, governor of the Central Bank

0 comment Read Full Article

Emefiele accuses politicians of hoarding new notes, says currency redesign reducing inflation

  Emefiele accuses politicians of hoarding new notes, says currency redesign reducing inflation

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), has accused some politicians of hoarding the redesigned naira notes.

0 comment Read Full Article

‘I rely on traders to stay in business’ — A day in the life of a PoS merchant

  ‘I rely on traders to stay in business’ — A day in the life of a PoS merchant

Since the federal government announced the redesign of the N200, N500, and N1000 notes, point of sale (PoS) operators and

0 comment Read Full Article

Despite s’court order, CBN insists on enforcing Feb 10 deadline on old notes

  Despite s’court order, CBN insists on enforcing Feb 10 deadline on old notes

The Central Bank of Nigeria (CBN) has insisted that its February 10 deadline for the validity of old naira notes

0 comment Read Full Article

Naira crunch may cause $18m GDP loss monthly, says Rewane

  Naira crunch may cause $18m GDP loss monthly, says Rewane

Bismarck Rewane, chief executive officer of Financial Derivatives Company, projects that Nigeria will suffer a total gross domestic product (GDP)

0 comment Read Full Article

Dawn to dusk: How naira scarcity helped a PoS merchant become ‘king of cash’ in Abuja suburb

  Dawn to dusk: How naira scarcity helped a PoS merchant become ‘king of cash’ in Abuja suburb

In Nigeria today, cash may be king. But people like Emmanuel Adawa, a point of sale (PoS) operator, who can

0 comment Read Full Article
error: Content is protected from copying.