Nigerians are yet to access new and old Naira notes days after the Supreme Court order reverting the Central Bank of Nigeria, CBN, directive to stop its use as legal tender from February 10. Deposit Money Banks, DMBs, in Abuja are yet to show compliance as residents still lack access in spite
The International Monetary Fund has disclosed that only 24 per cent of loans disbursed under the Anchor Borrowers’ Programme of the Central Bank of Nigeria have been repaid. This disclosure was contained in the IMF’s Selected Issues paper on Nigeria, which was prepared by a staff team of the fund as background documentation for the periodic […]
Guaranty Trust Bank Ltd., said it did not give N500 million new notes to any Presidential candidate in the ongoing General Elections, as reported on Twitter by @ifygold21. The bank said in a statement on Wednesday in Lagos, that the claim was completely false and designed to bring the image of the bank and its […]