The scarcity of cash persisted on Thursday across the country despite the new directive by the Central Bank of Nigeria (CBN) that banks should withdraw the old notes and dispense to…
Transaction fees charged by Point of Sale (PoS) operators have reduced as naira scarcity has begun to gradually ease following the directive by the Central Bank of Nigeria (CBN) to banks to…
Many Nigerians, mostly traders and commercial bus drivers, are not accepting online transfers due to transaction failures and stamp duty charges by banks.
The redesigned naira notes were…
The foreign exchange (FX) market auction conducted on Wednesday at the investors and Exporters (I&E) forex window recorded N551 per dollar bid, highest ever since the introduction of the…
The Central Bank of Nigeria (CBN), on Tuesday, said it will slow the pace of its rate hikes as a new strategy to reduce negative interest rates in a bid to boost investment in the country.…