Naira scarcity pushes PoS transactions to 40% in January
Data from the Nigeria Inter-Bank Settlement System (NIBSS) has revealed that Point of Sales (PoS) transactions rose to N807.16bn in January 2023.Information Guide Nigeria This was as a…
Naira swap: Depositors funds 100% safe – NDIC
The Nigeria Deposit Insurance Corporation has assured Nigerians that depositors’ funds are safe. NDIC assured Nigerians that the current Central Bank of Nigeria currency swap has nothing to…
Nigerians React As FG Set To Obey Supreme Court Order On Old Naira Notes
Online users have reacted to the comment by the Attorney-General of the Federation and Minister of Justice, Abubakar Malami.Information Guide Nigeria Malami said that the federal government would…
Naira Crisis: Bank customers threaten demonstration at CBN
Bank customers in Zamfara State have threatened to protest at the lamented Central Bank of Nigeria, and Zamfara State Government house.Information Guide Nigeria They lamented that they have…
Make New Notes Available – Monarch to CBN
The Olofa of Offa, Oba Mufutau Gbadamosi, has called on the Central Bank of Nigeria to make the new naira notes available to Nigerians.Information Guide Nigeria PUNCH reports…
Naira makes further gains, exchanges at N461.10 to $1
Naira exchanged at N461.10 to $1 at the Investors and Exporters window on Thursday.Information Guide Nigeria PEOPLE GAZETTE reports that the figure represented an appreciation of 0.02 per…
Panic withdrawal causes scarcity of Naira in Nigeria
A Community leader has attributed the scarcity of money in the country to panic withdrawal engaged by Nigerians.Information Guide Nigeria A former Chairman of Ohanaeze Ndigbo in Anambra,…
WhatsApp, USSD to be used for tax payment – KADIRS
The Kaduna State Internal Revenue Service (KADIRS) has said that it will deploy WhatsApp, and the Unstructured Supplementary Service Data (USSD) service, to enhance the less cost-effective payment…
Despite Supreme Court ruling, CBN rolls out tattered N50 notes
Despite a Supreme Court ruling, the Central Bank of Nigeria has refused to roll out tattered N50 notes. Naira scarcity has continued as some Nigerians could not figure…
Naira Scarcity: APC chief Lukman tells Buhari to respect court order
The national vice chairman North West of the All progressives congress (APC) has advised President Muhammadu Buhari to abide by the supreme court decision.Information Guide Nigeria THE GUARDIAN…