The Central Bank of Nigeria (CBN) says the scarcity of naira notes is not due to a shortage of printing materials at the Nigerian Security Printing and Minting Company (NSPMC). Godwin Emefiele, CBN governor, had been quoted as saying there is a cash shortage because there is not enough capacity …
Read More »BREAKING: Council of State backs CBN policy
…asks bank to print more new notes or circulate old ones …we are ready for election, says IGP, INEC The National Council of State on Friday in Abuja backed the Central Bank’s new Naira Policy. This was as it advised President Muhammadu Buhari, and the apex bank Chief, Godwin Emefiele, …
Read More »UI Don proffers solutions to food challenges.
A Professor of Food Technology at the University of Ibadan has submitted that transformational implementations with strong institutional frameworks and backings from relevant local, regional and global governing agencies and governments are needed to resolve the food security challenges in Nigeria. Professor Kolawole O. Falade made this submission in an …
Read More »Naira swap: House committee rejects extension, threatens Emefiele’s arrest
The House of Representatives Ad hoc Committee on new naira re-design and naira swap policy has added a new twist to the controversy surrounding the deadline for the validity of old notes by rejecting the ten days extension granted by the Central Bank of Nigeria for the exchange. The committee …
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