The Nigerian economy was once described as a “voodoo” economy, “the more you look, the less you understand” as it defies all kinds of known remedies. The mystery of Nigeria as a nation is not limited to its economy but includes socio-political and cultural dispositions. Longtime ago, western pundits postulated, hypothesized, and predicted the disintegration of Nigeria by the year 2015. Time has since revealed their empty prediction; regrettably, however, the nation is still sliding into the abyss of squalor and poverty, exacerbated by the population explosion – a kind of time bomb that must not be allowed to detonate.
Browsing: CBN
Mixed reactions have trailed the Central Bank of Nigeria’s (CBN) extension of the deadline for the collection of old naira notes by 10 days.
THESTORIES reports that the Peoples Democratic Party (PDP) has warned President Muhammadu Buhari to avoid putting Nigerians into the 1984 situation by insisting on the January 31, 2023 deadline for the old Naira notes exchange.
The Central Bank of Nigeria (CBN) says it has collaborated with the Nigerian Inter-Bank Settlement Systems (NIBSS) to launch the National Domestic Card Scheme “AfriGo” to transform the Nigerian payment system.
For the past two weeks, the gregarious Muhammed Gudaji Kazaure, a lawmaker representing Kazaure, Roni, Gwiwa and Yankwashi Constituency of…
I wish I know the real story of the naira redesign narrative. Recall that the CBN had on December 6…
Senator Aliyu Magatakarda Wamakko (APC-Sokoto) has joined Nigerians in criticizing the Governor of the Central Bank of Nigeria(CBN), Godwin Emefiele…
The Abuja Chamber of Commerce and Industry (ACCI) has reacted cautiously to the recent new policy on cash withdrawal limits…
By Kadiri Abdulrahman The need to achieve financial inclusion, the mission to accommodate Nigeria’s large underserved population into the country’s…
While assuring exporters that the Bankers’ Committee and the CBN stood ready to partner with them to achieve their export…