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Despite all government did to throw spanners in the works, including court injunctions and long-drawn negotiation meetings, the Nigeria Labour Congress (NLC) will today, proceed with its planned protest against recent fuel price hike, tuition fees hike in public schools and withheld salaries of lecturers and workers in universities.
Data by the International Monetary Fund shows that only 24 per cent of loans collected by farmers under the anchor borrowers’ programme of the Central Bank of Nigeria has been repaid.
The Naira redesign and the facing out of the old N200, N500, and N1,000 notes by the CBN has continued to cause an uproar among the citizens as no one are not able to assess the new notes. Just a few days ago, security agencies raided spots across the country to arrest those keeping the new notes.
31 Dec 2022
Nigerians may have to adapt to a more effective digital payment solution for all transactions in the face of the new Central Bank regulations. Lois Ogunniyi of GuardianTV spoke with Omoniyi Kolade, the founder of Seerbit, a digital payment solutions provider who gave insights into how the new policy works and more.
9 Dec 2022
The Central Bank of Nigeria (CBN) has imposed limits on cash withdrawals from automatic teller machines (ATMs) by individuals and corporate entities in a bid to boost digital payments. Guardian TV takes a look at Five things you need to know about the CBN's new cash policy.
23 Nov 2022
The CBN governor, Godwin Emefiele, said the decision was prompted by concerns with the management of the current series of banknotes, the increasing risk of naira counterfeiting as well as the persistent large-scale hoarding of the naira which has resulted in a worrisome situation where over 80 percent of the currency in circulation is outside the banking system.
14 Sep 2021
New regulation requirements by the Central Bank of Nigeria (CBN) could make it difficult for some fintech companies to operate. In a draft policy document, CBN recognized products by fintech companies are “gaining acceptance” but argued their emergence would heighten existing risks in the financial system.
26 Jun 2021
Former Deputy Governor, Central Bank of Nigeria (CBN), Prof. Kingsley Muoghalu has challenged Nigerians to hold their leaders accountable to be able to get the best out of politics.
15 Jun 2021
The House of Representatives has urged the Central Bank of Nigeria to put proper measures in place to aid stability of naira.
15 May 2021
CBN eyes increased private sector investments in healthcare infrastructure
28 Apr 2021
The Central Bank of Nigeria has advised students in Nigerian Universities to take full advantage of its credit interventions and build their business ideas.