NEWS

New Notes: Bear with FG, CBN, Peter Obi urges Nigerians

Daily Dispatch February 5, 2023

The presidential candidate of the Labour Party, Mr Peter Obi, has urged Nigerians to bear with the Federal Government and the Central Bank of Nigeria (CBN) over the redesigned naira notes. Following the introduction of the redesigned N200, N500 and N1,000 banknotes by the apex bank, Nigerians

NEWS

CBN, police, EFCC to prosecute naira hawkers, abusers

Daily Dispatch February 2, 2023

The Central Bank of Nigeria (CBN) says it is working with the Nigeria Police Force (NPF), the Federal Inland Revenue Service (FIRS), and the Economic and Financial Crimes Commission (EFCC) to prosecute hawkers and abusers of naira notes. The CBN said it is unlawful to sell the naira, hurl (spray), or stamp on the currency. […]

BUSINESS NEWS

EFCC targets more naira sellers as racketeers expose culpable bankers

Daily Dispatch January 31, 2023

The Economic and Financial Crimes Commission, EFCC, is on the trail of more sellers of naira notes after separate operations in Abuja. The agency arrested some racketeers in Zone 4 and the Dei Dei axis of the Federal Capital Territory on Saturday, January 28 and Monday, January 30. EFCC Head of Media, Wilson Uwujaren said […]

BUSINESS

CBN begins countdown to the expiration of old N1,000, N500, N200 notes

Daily Dispatch January 6, 2023

Amid complaints that the new naira notes are not fully in circulation, the Central Bank of Nigeria (CBN) has launched a countdown to the January 31 deadline when the old N1,000, N500, and N200 notes will cease to be legal tender. Unveiling the countdown on its Twitter page on Friday, the apex bank said the […]

BUSINESS

25 firms invited for Polaris Bank sale – CBN

Daily Dispatch January 6, 2023

The Central Bank of Nigeria has said 25 firms were invited to participate in the sale process of Polaris Bank Limited via the execution of a non-disclosure agreement. The Director of Corporate Communications, CBN, Osita Nwanisobi, said this in a statement titled, ‘Sale of Polaris Bank: CBN sets record straight’. He said the attention of CBN […]

COLUMNS

CBN, Qatar 2023 and time to rekindle our patriotism (2)

Daily Dispatch December 18, 2022

By Hassan Gimba I believe the yet-to-be-found Chibok girls and all their loved ones can say the above words about their fatherland. All Nigerian children and their loved ones kidnapped or killed by Boko Haram in the North-East or its other arm, the bandits in the North West and North Central, can borrow these words. All […]