Economics
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NEEDED URGENTLY – A REJIGGED FINANCIAL MARKETS INFRASTRUCTURE IN NIGERIA
Myriads of lessons have been learnt from the cash swap and currency redesign experiment in Nigeria in the past few…
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Bank customers borrowed N947bn amid naira scarcity
Deposit Money Banks offered 130,854 new credits valued at N947.46bn to their customers in December 2022, according to a document…
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Banks’ assets rise to N73tn – CBN
Total assets of the banking industry grew by N14.36tn or 24.24 per cent from N59.24tn at the end of December…
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Falana writes CBN, demands details of new naira notes distribution
Rights activist and Senior Advocate of Nigeria, Femi Falana, has written to the Central Bank of Nigeria demanding details of…
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Naira deadline: Banks, fuel stations reject old notes, ignore Supreme Court order
Some commercial banks and filling stations have stopped collecting the old naira notes from customers, contrary to the ruling of…
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THE CASH FIASCO – RESCUING THE PEOPLE, SAVING THE POLICY
I had written about the efficacy of ‘following the money’ by changing the currency in order to give Nigeria’s many…
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Why Supreme Court paused ban on old naira notes —Ozekhome
A lawyer and Senior Advocate of Nigeria, Mike Ozekhome, has explained the judgement of the Supreme Court restraining the Federal…
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New naira: Misguided elements against court judgement, says Matawalle
The Zamfara State Governor, Bello Mattawalle, has described the comments trailing the decision of the Supreme Court to listen to…
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New naira: World Bank, IMF warn CBN, S’Court stops Friday deadline
The Supreme Court on Wednesday restrained the Federal Government from implementing the Friday deadline for the currency swap. A seven-man…
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NIGERIA’S CURRENCY REDESIGN 2023 – A CASE STUDY APPROACH
We travel out to many prestigious universities around the world and are bombarded by copious amounts of case studies…
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