Tinubu signs executive orders, suspends 5% excise tax on telecoms
He also noted that President Tinubu’s administration will, therefore, continue to give requisite stimulus by way of friendly policies to allow businesses to flourish in the country.
CBN orders commercial banks to obtain customers’ social media handles for identification
If implemented by commercial banks, this development will see Nigerians add their social media accounts to their bank details.
CBN denies devaluing Naira to 630/$1
A national daily on its frontpage reported on Thursday that the apex bank devalued the country's currency to now trade at ₦630 per dollar from ₦462.
Banks get approval to issue NIN-enabled ATM cards
According to the minister, although the NIMC Act 2007 only mandates Nigerians to have a National Identity Number and not necessarily a printout card, demands for cards have swelled nonetheless.
Don’t allow Emefiele flee from Nigeria, Governor urges Buhari
The governor queried why the CBN governor was embarking on studying abroad at the tail end of the Buhari administration despite his tenure expiring in ten months time.
Naira Scarcity: NLC, TUC suspend planned nationwide strike
At the meeting, Emefiele said steps have been taken to alleviate the sufferings of the masses in relation to the the naira crunch in the country.
Supreme Court extends old naira notes validity till December
The court held that the directive of President Muhammadu Buhari for the redesign of the new notes and withdrawal of the old notes without due consultation is invalid.
Naira Swap: Supreme Court fixes March 3 for ruling on states’ lawsuit against Buhari
Arguments during today’s hearing focused on a contempt decision against Attorney-General Abubakar Malami, who had failed to implement the court’s decision for old notes to keep circulating until a substantive ruling on the matter.
Confusion as CBN, banks issue different procedure for depositing old naira notes
This is after banks started issuing notice to their customers, informing them to commence deposit of old naira notes up to a maximum of N500,000.