01/24/2023

Banks battle new naira shortage ahead deadline

Despite the apex bank and depositing banks’ assurances that Nigerians would begin to receive the new naira notes from ATMs across different platforms, findings as of Sunday showed that many ATMs belonging to the financial institutions were dispensin

01/23/2023

Ramaphosa wants Eskom to halt price hikes

Ramaphosa’s comments come after Eskom said the country could face two years of persistent blackouts as it overhauls its ageing power stations. He spoke in the central Free State province.

01/19/2023

Banks reject amended debt exchange offer

However, in the event that a bank may have to move for­ward to exchange, the MD/CEO must inform the CEO of GAB directly of the decision,” according to the letter sent to the banks.

01/16/2023

EAC to set up regional central bank this year

The single currency will ease business and movement of persons within the region, which would achieve the bloc’s goal of becoming as envisioned in the Common Market Protocol.

01/13/2023

CBN begs traders to accept new naira notes

Ogbu advised the market men and women, “to ensure that you deposit cash holdings in these denominations (N200, N500 and N1,000) at your commercial banks”.