By Ibiyemi Mathew The Supreme Court has adjourned the hearing of a suit to stop the full implementation of the naira redesign policy introduced by the Central Bank of Nigeria (CBN) until February 22. The suit was filed by the…
On Friday, an economic expert, Bismarck Rewane, projected a three-to-five-per cent drop in the gross domestic product (GDP) of Q1 2023 as a direct result of the naira redesign policy of the Central Bank of Nigeria (CBN). Earlier, the Central…
Mr Dumebi Kachikwu, African Democratic Congress, ADC, presidential candidate, said the insufficient circulation of the new Naira notes posed great threats to the country’s peace. Kachikwu said this in a statement on Tuesday in Abuja. He said it was disheartening…
The Central of Nigeria, CBN, has initiated a cash-swap programme across the 774 local government areas of the country as part of its implementation of the Naira redesign policy. The initiative between CBN, Deposits Money Banks, DMBs, and Super Agents…
