President Muhammadu Buhari has revealed the amount of naira his administration has retrieved since the commencement of the naira redesign policy by the Central Bank of Nigeria (CBN). According to Buhari, about N2.1 trillion out of the banknotes initially held…
Kaduna State Governor, Ahmad Nasir El-Rufai and his Kogi State counterpart, Yahaya Bello has stormed the Supreme Court to monitor proceedings in a suit by their states against the Federal Government on Cashless Policy Regime. The two governors arrived the…
In order to ensure that government policies are devoid of adverse effects on the masses, it is absolutely necessary for government at every level to always consider an all inclusive stakeholders’ engagement before initiation. This was the position of the…
A group known as Civil Society Organization has accused governors of the All-Progressives Party, APC, of plotting to cause chaos in Nigeria over the naira redesign policy implementation. The group convener, Obed Okwukwe said this during a press conference in…
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…
By Ogaga Ariemu As part of ongoing efforts at ensuring that commercial banks comply with the Central Bank of Nigeria’s (CBN) directive on the distribution of the redesigned Naira note, operatives of the Independent Corrupt Practices and Other Related Offences…
The Federal Government on Tuesday in Abuja accused some opposition parties of legally hamstringing President Muhammadu Buhari from providing relief for Nigerians suffering agonies of cash crunch resulting from naira redesign. Minister of Information and Culture, Alhaji Lai Mohammed levelled the…
There is a heavy security presence at the Central Bank of Nigeria (CBN), Abeokuta Branch. Policemen in the early hours of Monday, deployed operatives to the Apex bank branch at Okelewo, Abeokuta to avert possible attacks by criminal elements. It…
The 2023 senatorial candidate of the All Progressives Grand Alliance (APGA), for Imo East Senatorial zone, Chyma Anthony (Odiuko), says the naira note redesign was the worst financial policy the Central Bank of Nigeria (CBN) has made. Chyma regretted that…
Jigawa State Governor, Muhammad Badaru Abubakar has tackled the Central Bank of Nigeria, CBN, over the persistent scarcity of the redesigned Naira notes in commercial banks. The Governor made the statement through the State commissioner for finance, Babangida Umar Gantsa…
