Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the new naira notes will now be introduced today (November 23) as opposed to the earlier date of December 15, 2022.
Emefiele who announced the decision on Tuesday, said … Read the rest
“My own brother!”
“What’s up men? Have you gone to deposit all the N200, N500, N1,000 notes that you have at home in the banks so you can exchange them for new notes by the deadline of January 31.”
“What … Read the rest
By Mobolaji Adeyemi
When the Nigerian government began the process of deregulating the Telecommunications industry in 1992, it created the conditions that brought in private sector participation and competition to an industry where previously there had been only one government … Read the rest
A police station in Lagos on fire during the #EndSARS protest
The Punch is reporting that the Central Bank of Nigeria (CBN) is accusing some leaders of the #EndSARS protests of funding terrorism.
The newspaper quotes a written address in support of a motion ex parte filed by the CBN saying … Read the rest
Amidst the series of tough decisions rolled out by President Muhammadu Buhari as the Nigerian economy gasps for breath under the weight of low oil prices and the coronavirus pandemic, a mini-war broke out between the Central Bank of Nigeria … Read the rest
By Obadiah Mailafia
The Nigerian economy is a series of paradoxes. In the first place, we are a very wealthy nation in terms of natural resource endowment. We in fact have an embarrassment of riches. And yet, we are … Read the rest