Naira worst currency in Africa as dollar exchanges for N900
Despite tough reforms taken by the Nigerian government to fix its financial situation, Naira has emerged as the worst performing
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CBN
Parents cry & lament as they struggle to pay school fees over dollar scarcity and high exchange rate
Investigations have shown that students who are studying abroad are currently facing crisis as their parents back here in Nigeria
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Again naira tumbles & exchanges for N905 per dollar at parallel market
The naira tumbled against the United States dollar at the parallel market on Wednesday, closing at 900/dollar. This came barely
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Federal Govt. files 20 fresh charges against Emefiele… withdraws illegal firearms charges
The Federal Government Tuesday applied to withdraw the “illegal possession of firearms” case it filed against the suspended Central Bank
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We are gradually phasing out old naira notes—CBN
The Central Bank of Nigeria (CBN) has stated that plans to gradually phase out the old 200, 500, and 1,000
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PoS operators to start implementation of new increased service charge on Monday despite warnings
Despite recent criticisms of plans to increase the price of service charges, the Association of Mobile Money and Bank Agents
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Court orders immediate release of Emefiele..quashes his arrest and detention
A Federal Capital Territory High Court sitting in Abuja has nullified the arrest, detention, and interrogation of the suspended CBN
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STANBIC-IBTC sanctioned & fined N120m for failed transactions
The Competition and Consumer Protection Tribunal (CCPT) sitting in Abuja on Thursday imposed a fine of N120 million against Stanbic-IBTC
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Federal government to sanction PoS agents over illegal hike in withdrawal charges
The Federal Competition and Consumer Protection Commission has stated that it is investigating price fixing attempts by Point of Sales
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Lagos PoS agents increase charges on cash withdrawals…N10k now N500 charges
The Association of Mobile Money and Bank Agents in Nigeria, Lagos Chapter, announced a new price list for PoS transactions
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