Our reporter/ The Council of State on Friday approved the naira redesign policy of the CBN but faulted its implementation. The council also advised President Muhammadu Buhari to direct the…
Read More Council of State urges Buhari to print more money or allow Co-circulationCategory: Business
New naira scarcity: CBN pledges more cash to commercial banks
The Central Bank of Nigeria, CBN, on Thursday promised to supply commercial banks with plenty of funds to address the new Naira note scarcity in Kogi State. Kogi CBN Branch…
Read More New naira scarcity: CBN pledges more cash to commercial banksNaira Swap: FG asks supreme court to dismiss suit by state governments’ challenging CBN’s policy
Our reporter/ The federal government on Wednesday asked the Supreme Court to dismiss a suit filed by three state governments challenging the naira redesign policy of the Central Bank of…
Read More Naira Swap: FG asks supreme court to dismiss suit by state governments’ challenging CBN’s policyCourt stops concession of Lagos international airport
A federal high court in Lagos has ordered the federal government to stay further action on its planned concession of the Murtala Muhammed International Airport and cargo terminals. Ambrose Lewis-Allagoa,…
Read More Court stops concession of Lagos international airportIMF advises CBN to extend Feb 10 deadline for old naira notes
The International Monetary Fund (IMF) has advised the Federal Government of Nigeria to extend the February 10 deadline for the validity of three old naira notes if citizens continue to…
Read More IMF advises CBN to extend Feb 10 deadline for old naira notes
