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CBN raises interest rate to 18.5%

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The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) to 18.5 per cent from...

MfBs now better positioned for financial inclusion drive – NAMB

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….. says MfBs’ licence revocation rumour is mischievousThe National Association of Microfinance Banks (NAMB), the umbrella body for all licensed Microfinance banks (MfBs) in...

Involve MfBs in policy formulation, implementation, NAMB urges CBN

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The National Association of Microfinance Banks (NAMB) has renewed its call on the Central Bank of Nigeria (CBN) to always Involve MfBs in the...

AfDB says, African faces annual GDP shortfall of $127.2bn by 2030

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African Development Bank (AfDB) says the African continent faces an annual GDP shortfall that could exceed 127.2 billion dollars by 2030. It stated on Friday...

Supreme Court orders old N200, N500, N1,000 notes to remain legal tender till 31...

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The Supreme Court on Friday ordered the Federal Government to allow the old Naira notes to continue as legal tender until Dec. 31, 2023. Justice...

TAJBank reiterates commitment to deepen penetration across geo-political zones

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L-R: The Executive Director/ECO TAJBank Limited, Mr. Sherif Idi; one of the customers of the bank, Alhaji Ali Balarabe; Chairman Board of Directors of...

Old Naira Notes still remains valid in Kaduna State, until Supreme Court says otherwise-El-Rufai

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KADUNA UPDATE: Let us stand up strongly for democracy, peace and national unity State Broadcast by Malam Nasir El-Rufai, Governor of Kaduna State, 16th February...

Buhari to extend validity of old naira notes till April 10

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President Muhammadu Buhari is considering extending the validity of old naira notes by 60 days, TheCable understands. This is to avoid disobeying the order of...

Buhari to extend validity of old naira notes till April 10

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President Muhammadu Buhari is considering extending the validity of old naira notes by 60 days, TheCable understands. This is to avoid disobeying the order of...

New Naira Policy: Supreme Court adjourns hearing till Feb. 22

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The Supreme Court has adjourned further hearing on the suites filled by some state against the Federal Government on the Feb. 10 deadline for...
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