Naira swap: Buhari’s statement belated – APC chieftain
The All Progressives Congress chieftain of the from Edo State, Prince John Mayaki, has faulted President Muhammadu Buhari over his statement exonerating himself from the Central Bank Governor’s…
Wema Bank To Pull 10,000 Techprenuers
Wema Bank has said that there is need for financial institutions as well as the Nigerian technology space to keep innovating and groom young players.Information Guide Nigeria LEADERSHIP…
CBN directive: Traders still skeptical on collection
Some traders in various markets of the FCT are still skeptical about collecting the old Naira notes in spite of Central Bank Nigeria’s (CBN) directive. Some traders at…
Banks in Ibadan dispense old naira notes to customers
Following the directive of the Central Bank of Nigeria, commercial banks in different parts of Ibadan have started accepting old naira notes from customers.Information Guide Nigeria The banks…
E-payment transactions dipped to N37tr in February
The value of e-payment transactions has dropped to N37.67 trillion in February 2023. According to THE NATION, this is representing a 4.83 per cent decrease from the N39.58…
ATMs Dispense Old Naira Notes In Yobe
Banks in Yobe State have complied with the Central Bank of Nigeria’s directive of accepting and issuing the old N500 and N1000 banknotes as Automatic Teller Machines (ATMs)…
Failed transactions worsen, e-payment falls to N37.67trn as naira scarcity
As Nigerians had to grapple with failed and delayed cash transfers, cashless transactions has fallen to N37.67trillion in February 2023.Information Guide Nigeria BUSINESS HALLMARK reports that this was…
HSBC buys failed US bank SVB’s UK arm
The government and HSBC have announced that the UK arm of failed US lender Silicon Valley Bank has been sold to HSBC for a nominal £1 ($1.2) in…
Governors frown at naira scarcity
The state chief executives are angry that transporters, traders, and other businesses are refusing to accept the notes. THE NATION reports.Information Guide Nigeria This is in contravention of…
ACF cautions Buhari over naira policy
Northern leaders, under the umbrella of the Arewa Consultative Forum (ACF), have cautioned President Muhammadu Buhari over the Central Bank of Nigeria’s (CBN) naira redesign policy. THE GUARDIAN…