Banking

APC govs to Buhari: Let old, new naira notes coexist till Dec 2023

Governors elected on the platform of the All Progressives Congress (APC) have demanded the concurrent use of the new and…

3 years ago

Naira notes: Buhari decries banks’ inefficiency, to take major decision in 7 days

President Muhammadu Buhari on Friday, February 3, lambasted Nigerian banks, declaring that most of them are inefficient. “Some banks are…

3 years ago

GTBank takes over Stallion’s assets over N13bn debt

Guaranty Trust Bank (GTB) has taken possession of the assets of Stallion Nigeria Limited in Lagos and its sister firms.…

3 years ago

CBN orders banks to pay Nigerians N20,000 new notes

The Central Bank of Nigeria (CBN) has directed commercial banks in the country to start paying N20,000 new notes to…

3 years ago

CBN to banks: Pay new naira notes over the counter

The Central Bank of Nigeria (CBN) has directed commercial banks in the country to start paying new 200, 500, 1,000…

3 years ago

Bank: How Assembly candidate, banker stole N1.4bn from customers

The first prosecution witness (PW1), Olusegun Falola, in the ongoing trial of Ismaila Yousouf Atumeyi, a Kogi State House of…

3 years ago

Emefiele: Banks’ll accept old naira notes after deadline

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says commercial banks in the country will continue to…

3 years ago

Old notes: CBN, banks mop up N1.9trn, N900bn still with Nigerians

The Central Bank of Nigeria (CBN) and commercial banks have mopped N1.9 trillion old naira notes from circulation, leaving N900…

3 years ago

Old naira notes: CBN extends deadline to Feb 10

The Central Bank of Nigeria (CBN) has extended the deadline for the collection of old naira notes to February 10,…

3 years ago

Buhari: We’ll halt squeeze, chaos in currency swap

President Muhammadu Buhari on Saturday, January 28 has assured Nigerians that a number of initiatives by the Central Bank and…

3 years ago

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