Tag: CBN, Lamido Abubakar Yuguda, Natasha Akpoti Uduaghan
Senator Natasha Seeks Adequate Gold Reserve Storage in Nigeria
The lawmaker representing Kogi Central senatorial district, Senator Natasha Akpoti-Uduaghan, has urged the Central Bank of Nigeria (CBN) to increase its gold reserve...
Mining in Nigeria: Winners and Losers of the New Forex Regime
The Central Bank of Nigeria (CBN) recently announced a new Foreign Exchange (forex) policy that permits banks to freely trade forex at market-determined rates. This...
Anger as CBN Turns Back Kogi Residents Seeking Cash Swap
Many residents of Lokoja have expressed anxiety and fear on what they describe as inability of the Central Bank of Nigeria (CBN) to provide necessary instruments for...
Naira Scarcity: Residents Beg ICPC, EFCC to Raid Banks in Kogi
Cash crunch occasioned by redesigned Naira notes police of the Central Bank of Nigeria (CBN) has taken a toll on domestic and commercial activities in Kogi state and...
Naira Scarcity: Kogi, Kaduna, Zamfara Drag FG to Supreme Court
The governments of Kogi, Kaduna and Zamfara states have dragged the federal government before the Supreme Court, seeking a restraining order to stop the full...
Cash Swap: Commercial Bank Charge Customers for New Naira Notes in Lokoja
Ahead of the phasing out of the old naira notes in Nigeria, customers and point of sale (POS) operators are been extorted in the banking hall of a new generation bank in...
CBN Extends Deadline for Old Naira Notes by 10 Days
The Central Bank of Nigeria (CBN) has finally extended the deadline for the swap of old naira notes at commercial banks by 10 days. In a press statement issued on...
CBN Steps Up Cash-Swap Exercise to Mop Up Old Naira Notes in Kogi
The Central Bank of Nigeria (CBN) has called on residents in Kogi state to take advantage of the on-going cash swap programme to deposit their old naira notes in the...
Open Letter to CBN Governor on Kogi State Outstanding Approved N30b Bailout Fund
Please permit me to use this medium to write you this short piece on an issue that you are already and sufficiently aware of. I am talking about the balance of the bail...
CBN Urged to Revisit Recapitalization of Micro-finance Banks
By Ameer Obansa, Lokoja A public relations and advertising consultant, Prince Emman Omadivi, has urged the Central Bank of Nigeria (CBN) to reconsider its stand on...