What Happened? Over the last few weeks, about 8 Nigerian States have instituted an action against the Federal Government on the Central Bank of Nigeria’s Naira redesign policy and the
It’s no longer news that the Central Bank of Nigeria (CBN) has announced the redesign, production, and re-issuance of high-value naira notes (N200, N500 and N1,000 notes) to begin circulation
In the pursuit to liberalize the Foreign Exchange Market, ensure liquidity and ease the accessibility of foreign exchange to the masses, The Central Bank of Nigeria, CBN has licensed some
The Central Bank of Nigeria (CBN) has implemented a new set of rules to tackle the age-long economic menace which is Money Laundering. The principal bank of Nigeria announced its
The Senate on Thursday began its investigative hearing on the alleged transfer of $13.9bn by MTN Nigeria out of the country illegally. The Financial Reporting Council of Nigeria, FRCN, in its
Last week, Nigerian external reserves hit an 11 year low and some banks have suspended ATM card usage abroad. In a decent bit of investigative journalism, Punch have some insider
According to the latest figures presented by the Central Bank of Nigeria, the country’s external reserves have hit an 11-year low of $24.21bn. The significance of this helps to explain
In the past year some airlines have refused to fly through Nigeria as a result of recent foreign exchange laws, the most notable of these have been United Airlines and
Some protesters under the tag “Concerned Women and Youths” on Tuesday stormed the Central Bank of Nigeria (CBN) Headquarters in Abuja demanding the resignation of standing governor, Godwin Emefiele. Some of their
I wrote before about the importance of Buhari respecting the power of democracy and not going beyond the power of his office. It appears Buhari didn’t read that article. Not