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Business

Nigerians Turn To Home Safe After Cash Scarcity Caused By CBN’s Naira Redesign

Many Nigerians appear to have lost faith in the country’s banking system as a result of the prolonged cash scarcity caused by the currency...
Business

FG Borrows Additional N3.77trn From CBN As Credit Hits N28.43trn

The Nigerian Government has borrowed an additional N3.77trn from the Central Bank of Nigeria as of February 2023.Credit to the FG through ways and...
Business

Banks Supplying Nigerians With Only 20% Of Currency Demand, Says CPPE Boss

The Centre for the Promotion of Private Enterprise (CPPE) has revealed that Deposit Money Banks (DBM) are receiving barely 20 per cent of the...
Business

Nigeria Lost N20trn To CBN’s Naira Redesign Policy, Says CPPE

The Nigerian Economy lost an estimated N20 trillion due to the Central Bank of Nigeria’s (CBN) naira redesign cashless policy since its implementation in...
Business

Emefiele, Others Should Be Charged With Contempt Of Court For Ignoring Supreme Court Ruling

Muda Yusuf, the Director-General of the Centre for the Promotion of Private Enterprises has said that the failure of the Central Bank of Nigeria...
Business

Emefiele, Other Should Be Charged With Contempt Of Court For Ignoring Supreme Court Ruling

Muda Yusuf, the Director-General of the Centre for the Promotion of Private Enterprises has said that the failure of the Central Bank of Nigeria...
Business

Supreme Court’s Order On Cash Redesign Deadline Will Douse Tension, Stop Social Unrest– Yusuf

The Chief Executive Officer of the Centre for the Promotion of Private Enterprises, Muda Yusuf has backed the Supreme Court ruling that stopped the...
Business

Experts, CBN on collision course over new MPR

Continued tightening of the monetary policy as a way of taming inflation by the Central Bank of Nigeria (CBN) is eliciting reactions dominated by...
Business

Experts Divided On CBN’s Extension Of Deadline For Old Naira Notes Withdrawal

A Nigerian think-tank, the Center for the Promotion of Public Enterprises and Professor of Capital Market Studies at the Nasarawa State University, Uche Uwaleke,...
Business

Foreign investors on edge as economy loses traction

Indeed, very deep anxiety has grown such that a significant chunk of those with persisting investments have been letting out signals that they are very uncomfortable with the situation and may be leaving if...
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