Old naira – Page 2 of 3 – Prime Business Africa

Supreme Court Favours Northern States, Suspends Old Naira Deadline

Updated: Supreme Court Suspends Old Naira Deadline, Favours Northern States

The Supreme Court ruled in favour of three Northern States, Kaduna, Kogi and Zamfara on Wednesday, 8 February 2023, after they requested that the deadline to phase out old Naira notes be

Fakoyejo Olalekan

2 years ago

Business

CBN, Banks Don’t Have Infrastructure For New Naira Transition – Dakuku Peterside

The former Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dakuku Peterside, has disclosed that the Central bank of Nigeria (CBN) and the Deposit Money Banks (DMB) don’t have

Fakoyejo Olalekan

2 years ago

Business

CBN Failed In Duty To Manage Naira Redesign Policy – Dakuku Peterside

The former Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dakuku Peterside, said the Central Bank of Nigeria (CBN) failed in its duty to manage the transition from the

Fakoyejo Olalekan

2 years ago

Business

NACCIMA DG Says Printing N5,000 Notes Better, Faults Emefiele’s Naira Redesign Policy

The Director-General of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), Sola Obadimu, has suggested that the introduction of N5,000 notes would have prevented the Naira policy debacle.

Fakoyejo Olalekan

2 years ago

KPMG Makes Naira Projection After Foreign Capital Importation Drops To $1.06 billion

Business

Nigerians Divided Over Who To Blame For CBN’s Naira Redesign Crisis

Nigerians are divided over who to blame for the crisis that has erupted from the transition from the old Naira to the redesigned banknotes. Prime Business Africa reported that Nigerians are stripping

Fakoyejo Olalekan

2 years ago

Business·Currency

Prime Business Africa Hosts Twitter Space To Discuss CBN’s Naira Debacle

As Nigerians suffer the ripple effect from the Central Bank of Nigeria’s (CBN) hasty transition from the old Naira to the redesigned banknotes, Prime Business Africa has organised a Twitter space to

Fakoyejo Olalekan

2 years ago

CBN Naira Redesign Policy Deteriorates Business Condition – Stanbic IBTC

2023 Elections·Business·Currency

Old Naira: Buhari, Governors Meet, To Decide On Extension In 7 Days

President Muhammadu Buhari met with Governors of the All Progressive Congress (APC) on Friday, 3, February 2023, over the prolonged scarcity of Naira notes in Nigeria. The governors visited the State House

Fakoyejo Olalekan

2 years ago

Business

Finance Minister Likens Hardship Caused By Old Naira Deadline To Injury

The Minister of Finance, Zainab Ahmed, has described the current distress experienced by Nigerians due to the unavailability of the redesigned Naira as a sore that would eventually be cured. Ahmed said

Fakoyejo Olalekan

2 years ago

Call CBN to arrest POS agents selling naira notes

Business

Old Naira: PoS Operators, Market Women Risk Jail Term, As CBN Threatens Arrest

The Godwin Emefiele-led Central Bank of Nigeria (CBN) has warned that the financial regulator will start arresting persons selling the Naira notes. In a circular released on Thursday, 2, February 2023, the

Fakoyejo Olalekan

2 years ago

Peg Import Duty Dollar Rate At N1000/$ - CPPE Urges CBN

Business

Nigeria’s GDP At Risk, As Transition From Old Naira To New Affects 2 Major Sectors

The founder of the Centre for the Promotion of Private Enterprise (CPPE), Muda Yusuf, said sectors driven by cash are struggling with the transition from old Naira notes to redesigned banknotes. Yusuf identified

Fakoyejo Olalekan

2 years ago

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Old naira - Page 2

Updated: Supreme Court Suspends Old Naira Deadline, Favours Northern States

CBN, Banks Don’t Have Infrastructure For New Naira Transition – Dakuku Peterside

CBN Failed In Duty To Manage Naira Redesign Policy – Dakuku Peterside

NACCIMA DG Says Printing N5,000 Notes Better, Faults Emefiele’s Naira Redesign Policy

Nigerians Divided Over Who To Blame For CBN’s Naira Redesign Crisis

Prime Business Africa Hosts Twitter Space To Discuss CBN’s Naira Debacle

Old Naira: Buhari, Governors Meet, To Decide On Extension In 7 Days

Finance Minister Likens Hardship Caused By Old Naira Deadline To Injury

Old Naira: PoS Operators, Market Women Risk Jail Term, As CBN Threatens Arrest

Nigeria’s GDP At Risk, As Transition From Old Naira To New Affects 2 Major Sectors

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