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BUSINESS ROUNDUP: Banks’ ATMs run dry; IMF raises Nigeria’s economic growth projection; other stories

Hello, and welcome to the Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital...
News

New naira notes: Rush as long queues of customers flood banks

Long queues of bank customers have thronged Automated Teller Machines (ATMs) of banks at the Federal Capital Territory (FCT) to collect the new naira...
News

Deposit old naira notes before deadline, CBN reiterates

The Central Bank of Nigeria (CBN) has charged Nigerians to ensure they deposit the old N200, N500 and N1000 notes in their various banks...
Business

CBN spends over N400m in 3dys on SMS to remind Nigerians to deposit old naira notes

The Central Bank of Nigeria (CBN) has decided to reach out to Nigerians via Short Messaging Service reminding them of the deadline date to...
Business

Banks in dilemma, as CBN bans withdrawal of new naira notes over the counter

Deposit Money Banks have reverted to old naira notes for over-the-counter withdrawals, as the Central Bank of Nigeria (CBN) directed lenders to halt disbursing...
Business

More Nigerians go cashless, as mobile transactions volume doubles in 11 months

The Nigeria Interbank Settlement System (NIBSS) has revealed that more Nigerians are going cashless as the volume of financial transaction through mobile devices has...
News

Agents in uproar as Senate debates new policy Tuesday

• They want us out of business, mobile money agents lament • Policy good but implementation will be difficult – BCAN • HURIWA: Cash withdrawal limits...

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