•…As Apex Bank insists there’s N1trn new notes available Despite directives by the Central Bank of Nigeria (CBN) that banks can now dispense and accept the old N500 and N1000 notes following the Supreme Courts judgment, Naira scarcity still persists in Lagos and other parts of the country. PAUL OGBUOKIRI reports that many customers are […]
Despite the order given to banks to collect and release old naira notes back into circulation, economic stakeholders have urged the banks to upgrade their technology to make banking transactions seamless. According to them, the cashless transaction introduced to the people cannot be ruled out, hence the need for the Central Bank of Nigeria (CBN) […]
Nigerians across the country are groaning under harsh conditions occasioned by the various government policies such as Naira redesign, removal of subsidy on petroleum products, lack of power and what have you. The crisis came to a head in the last two weeks when they could neither get money across the counter in the banks […]