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Tag "naira scarcity"

‘Some Nigerians hoarding new notes’ — CBN explains reason for naira scarcity

    ‘Some Nigerians hoarding new notes’ — CBN explains reason for naira scarcity

The Central Bank of Nigeria (CBN) has attributed the scarcity of the redesigned naira notes to hoarding by citizens. Rashidat Monguno, director, consumer protection department of CBN, spoke on Thursday

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CBN must obey s’court ruling on old naira notes, says Falana

    CBN must obey s’court ruling on old naira notes, says Falana

The Alliance for Surviving COVID-19 and Beyond (ASCAB), a coalition of 70 labour and civil society organisations (CSOs), says the Central Bank of Nigeria (CBN) must comply with the supreme

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‘I can’t feed myself and my child’ — Nigerians struggle as naira crunch bites hard

    ‘I can’t feed myself and my child’ — Nigerians struggle as naira crunch bites hard

It has been stories of frustration and anger since the N200, N500 and N1,000 naira notes became scarce commodities following the redesigning of the currency by the Central Bank of

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‘Money meant for other branches’ — Sterling Bank denies hoarding N258m new notes

    ‘Money meant for other branches’ — Sterling Bank denies hoarding N258m new notes

Sterling Bank has debunked an allegation by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) that it “stashed N258 million new notes” in its vault. ICPC had, on

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Despite petrol, naira scarcity, INEC chair says elections will hold as planned

  Despite petrol, naira scarcity, INEC chair says elections will hold as planned

Mahmood Yakubu, chairman of the Independent National Electoral Commission (INEC), says the forthcoming elections will hold as planned. Yakubu spoke

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ICPC arrests bank officials over ‘N258m new notes stashed in vault’

  ICPC arrests bank officials over ‘N258m new notes stashed in vault’

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) says it has arrested the officials of the Abuja head

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‘It will be insensitive to forge ahead’ — Lagos APC suspends campaign over petrol, cash scarcity

  ‘It will be insensitive to forge ahead’ — Lagos APC suspends campaign over petrol, cash scarcity

The Lagos chapter of the All Progressives Congress (APC) has announced the suspension of its campaign activities over the current

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PHOTOS: Buhari meets EFCC chair, Emefiele, Tambuwal amid protests over naira scarcity

  PHOTOS: Buhari meets EFCC chair, Emefiele, Tambuwal amid protests over naira scarcity

President Muhammadu Buhari on Tuesday met with Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), over the scarcity

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Lai: Opposition parties playing dirty politics with naira redesign policy

  Lai: Opposition parties playing dirty politics with naira redesign policy

Lai Mohammed, minister of information and culture, has accused some opposition parties of preventing President Muhammadu Buhari from taking measures

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Buhari meets Emefiele, Tambuwal, Bagudu over naira scarcity

  Buhari meets Emefiele, Tambuwal, Bagudu over naira scarcity

President Muhammadu Buhari on Tuesday met with Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), over the scarcity

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