After The Deadline, Banks Would Still Accept Old Notes — Emefiele
Commercial banks in Nigeria will still accept old naira notes from customers after the February 10 deadline, the governor of…
Tag: Finance
Nigeria’s New Naira: Racketeering Thrives In Abuja And Other States
In Abuja, the nation’s capital, Lagos, Anambra and other states, black marketers were observed selling the new notes to those…
Contributory Pension Assets Increased to N14.9 trillion.
The total assets under the Contributory Pension Scheme rose by N1.56tn in 2022, according to figures obtained from the National…
The CBN Has Agreed To Extend Exchanging Old Naira Notes By Ten Days.
CBN governor Godwin Emefiele in a statement said the new deadline is February 10, 2023. Emefiele made the announcement after…
Adani Group, Owned By World’s Third Richest Man, Has Been Accused Of Account Manipulation
The shares of the Indian conglomerate Adani Group plummeted on Wednesday morning after activist investing company Hindenburg Research accused it…
Hungary Blocks EU Deal On 15% Minimum Corporate Tax
Hungary has blocked an EU directive that would impose a 15% minimum tax on multinational corporations, arguing the levy would deal…
Gogo Inc. To Report Second Quarter 2022 Financial Results On August 5, 2022
Gogo Inc. the world’s largest provider of broadband connectivity services for the business aviation market, today announced that it will…
South Korea Unbothered About Capital Outflows, Finance Minister Says
Choo Kyung-ho, South Korea’s finance minister has shrugged off the short-term dangers of capital outflows from the Asian financial system…
Chinese Banks Hold Lending Rates as PBOC Remains Cautious
Chinese banks held their main lending rates steady in the absence of more easing from the central bank, which is…
Binance Fined $3.4 Million In The Netherlands For Lack Of Registration
The Dutch central bank fined Binance for offering services without proper registration, underscoring the company’s friction with regulators. The penalty…
More Worries Over Rising Inflation, Headwinds As MPC Meets Today
In the face of economic and financial challenges, members of the rate-fixing arm of the Central Bank of Nigeria and…
CBN to Introduce Bank Cash Hubs, Releases Guideline
The Central Bank of Nigeria has released a draft guideline for the registration and operation of Bank Neutral Cash Hubs…