Godwin Emefiele
Nigerian currency recorded a positive trading day against the US dollars on Monday across all foreign exchange markets as banks resume old naira notes payment.
Nigeria's total debt profile is surging towards N50 trillion, according to recent data from DMO, and is the continent's 5th most indebted country to China.
The CBN is yet to release a statement on the Supreme Court judgement, however, some commercial banks are reportedly already paying customers in old naira notes.
Most commercial bank branches visited are still rejecting old Naira notes, and customers who try to use them are being directed to apply on the CBN website.
Senator Shehu Sani has predicted that the governor of the Central Bank of Nigeria, Godwin Emefiele, would be helpless when President Buhari's tenure is over.
Here are five key takeaways from the Supreme Court's judgement on the suit against the CBN's controversial Naira redesign policy delivered on Friday, March 3.
Salihu Lukman, the APC national vice chairman northwest, has called for the resignation of 2 cabinet members of President Muhammadu Buhari over CBN policy.
Zenith Bank joins few other commercial banks like GTB, in Nigeria to receive approval from the Central Bank of Nigeria to operate as a financial holding company
Nigeria's apex court, the Supreme Court has issued a final judgement by nullifying the ban placed on the use of the old N200, N500 and N1000 naira notes by CBN.
Godwin Emefiele
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