Finance
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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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CBN releases N114bn under 100-for-100 policy
The Central Bank of Nigeria has disbursed N114.17bn to beneficiaries under its 100-for-100 Policy on Production and Productivity since the…
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Fintech booms as naira crisis stretches banks’ digital platforms
The naira crisis and the failure of banks to rise to the occasion have prompted customers to embrace mobile money…
Read More » 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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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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New naira: Anger spreads over scarcity, Reps oppose CBN extension
The House of Representatives has rejected the February 10 deadline for the phasing out of old currency notes announced by…
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