archiveFebruary 8, 2023

The International Monetary Fund (IMF), on Wednesday, counselled the Central Bank of Nigeria (CBN) to extend the February 10 deadline for swapping old naira notes with the redesigned ones. The IMF gave the counsel in the wake of the challenges faced by Nigerians across the country over the banknote swap...

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has assured that the naira redesign policy will not affect the 2023 general elections. According to him, the apex bank is committed to providing all the needed cash and logistics towards ensuring hitch-free general elections in the country. Emefiele...

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) said it has discovered the sum of N258 million stashed in the vault at the head office of Sterling Bank in Abuja. The Commission said it made the discovery in the course of its ongoing efforts at ensuring that commercial...

  The Supreme Court has issued an order of interim injunction restraining the Federal Government and the Central Bank of Nigeria (CBN) from enforcing the  February 10 deadline for the phasing out of the old naira notes. A five-member panel of the court, led by Justice John Okoro hd that...