A new generation bank in Ekiti on Sunday ran into trouble waters as the Central Bank of Nigeria, uncovered N6 million of new naira notes hoarded...
Stallion Nigeria Limited has denied owing Guaranty Trust Bank (GTB) N13 billion. Reacting to reports in a statement signed by Samar Sapre, chief financial officer of...
Joseph Hayab, chairman of the Kaduna chapter of the Christian Association of Nigeria (CAN), has called for the arrest and prosecution of bank officials hoarding the...
Point of sale (PoS) operators have claimed that bank officials sell cash (both old and new naira notes) to them. In separate interviews with NAN in...
Guaranty Trust Bank (GTB) has taken possession of assets belonging to Stallion Nigeria Limited in Lagos and its sister firms. The takeover of the assets followed...
The naira, on Friday, tumbled to N756 per dollar at the parallel section of the foreign exchange market. The figure represents an depreciation of N8 or...
President Muhammadu Buhari has asked Nigerians to give him seven days to resolve the crisis caused by the scarcity of new naira notes. The president said...
The Central Bank of Nigeria (CBN) has warned Nigerians against selling, spraying and stamping on the naira, describing the acts as “unlawful”. In a statement issued...
The exchange rate between the naira and the US dollar traded for an average of N745/$1 on Thursday, 2nd February 2023, the same rate as recorded...
The Central Bank of Nigeria (CBN) has directed commercial banks to start paying the redesigned naira notes to customers over the counter. In a statement on...