BREAKING: CBN revises weekly cash withdrawal limits to N500, 000, N5...
The Central Bank of Nigeria (CBN) has increased the weekly cash withdrawal limit for individuals and corporate organizations to N500,000 and N5 million, respectively.
The...
PoS Operators Give CBN Ultimatum Over Withdrawal Limit Policy
The Central Bank of Nigeria and the Association of Mobile Money and Bank Agents in Nigeria may soon clash over the controversial cash withdrawal...
“Why We Can’t Sell Fuel At N170 Per Litre” – Independent...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has explained it is making moves to end the fuel scarcity.
The PMAN said it is working...
“Clamp Down On Fuel Stations Selling Above Regulated Price” – Reps...
The House of Representatives has ordered the Nigerian Police and the DSS to clamp down on petroleum retailers selling above the regulated price.
It also...
We may adjust cash withdrawal limits, policy won’t be reversed –...
Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), has admitted that the recently implemented cash withdrawal policy could be tweaked.
Emefiele also claimed...
Petrol Scarcity: Marketers Defy FG, Hike Pump Price To N280/litre
Independent Marketers are selling petrol at N280 per litre, defying an order by the federal government, according to a report by Vanguard.
This comes tree...
Fuel Scarcity Will Linger Till January, Say Marketers
Oil marketers stated on Friday warned that the frequent appearance of queues of desperate motorists at filling stations in search of Premium Motor Spirit,...
JUST IN: President Buhari to launch new naira note on Wednesday...
Godwin Emefiele, the governor of Nigeria's central bank, has announced that President Buhari will introduce new naira notes on November 23rd, 2022.
This is well...
Naira rises by N730 against $, 5 days after falling to...
The naira has recovered five days after dropping below N900/$, rebounding by N730/$. The local currency is currently in a stronger position than it...
Naira Redesign: “No Going Back” – Buhari Speaks
Nigeria's number one man, President Muhammadu Buhari has spoken on the plans to redesign the naira.
The President said there is no going back on...