Our reporter/ The Economic and Financial Crimes Commission (EFCC) says it has arrested the operations manager of a commercial bank in the federal capital territory for hoarding N29 million of…
Read More EFCC arrests bank manager for hoarding N29m new notes in Abuja
Our reporter/ The Federal Capital Territory (FCT) High Court, has stopped the Central Bank of Nigeria (CBN), President Muhammadu Buhari and 27 commercial banks from suspending or interfering with the…
Read More Court stops CBN from extending deadline on use of old Naira
Nigeria and Republic of Niger have signed a bilateral agreement in Abuja for coordination of frequency utilisation along their borders to ensure seamless deployment of services around within the two…
Read More Nigeria, Niger Republic sign agreement on border frequency coordination
Our reporter| The Central Bank will not extend the deadline for swapping old naira notes with the newly redesigned ones, the apex bank governor, Godwin Emefiele said on Friday. Emefiele,…
Read More Emefiele says no extension on Naira swap deadline, to engage 30,000 super agents, microfinance banks
Our reporter| President Muhammadu Buhari on Friday expressed doubts about the commitment of banks to the success of the policy, describing them as “inefficient”. Buhari, who stated this after the…
Read More Buhari indicts banks over Naira scarcity, accuses them of ‘greed’