The presidential candidate of the African Democratic Congress (ADC), Dumebi Kachikwu, has accused the All Progressives Congress (APC) led federal government of running out of ideas...
Renowned economist and a former Deputy Governor of the Central Bank of Nigeria (CBN) Kingsley Moghalu, has revealed the reason for the menace of vote-buying as...
On Tuesday, 6 December 2022, the Central Bank of Nigeria (CBN) announced fresh cash withdrawal limits on individuals and organisations. The policy will become effective on...
The new cash withdrawal policy recently announced by the Central Bank of Nigeria (CBN) will be the subject of a motion that the Senate will discuss...
The newest policy of the Central Bank of Nigeria (CBN) limiting cash withdrawals to particular amounts has sparked mixed reactions from Nigerians both home and abroad....
The value of the Naira went down on Tuesday at the forex change markets after the Central Bank of Nigeria (CBN) introduced new cash withdrawal limits...
These top 10 stories across the nation’s newspapers might interest you. 1. No evidence I receive share of Lagos revenue – Tinubu The All Progressives Congress...
Self-acclaimed disciple of Nnamdi Kanu-led Indigenous People of Biafra (IPOB), Simon Ekpa, has ordered his followers to boycott social and commercial activities from 9 to 14...
The Central Bank of Nigeria (CBN) has limited weekly cash withdrawals over the counter to N100,000 for individuals and N500,000 for organisations regardless of their size....
Hello, and welcome to the Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to...
The Central Bank of Nigeria (CBN) has ruled out the extension of the deadline for the withdrawal of old Naira notes from circulation. The Central Bank...
The Central Bank of Nigeria(CBN) in the first seven months of 2022, defended the value of the naira by selling $11.24 billion forex to Nigerians and...
The World Bank has revealed that Nigerians abroad sent home $20.9 billion to families and friends. This was revealed in its latest Migration and Development Brief...
The naira closed trading on Wednesday unchanged at the official window of the forex exchange market. Data from FMDQ securities showed that at the Investors and...
On Tuesday, the Naira closed the market with a mixed performance against the US dollar at the foreign exchange (forex) markets. While it strengthened against the...
The Central Bank of Nigeria (CBN) on Tuesday ruled out the introduction of the N5000 note in the country. The CBN’s Director of Currency Operations, Ahmed...
Nigerian banks have announced changes in the interest payment on loans collected by Nigerians. The changes followed the recent CBN increase in interest rate by 100...
Hello, and welcome to the Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to...
These top 10 stories across the nation’s newspapers might interest you. 1. 2023: Lagos PDP guber candidate, Jandor, flays APC for closing markets for Tinubu’s rally...
The National Bureau of Statistics (NBS) has revealed that the agricultural sector continues to struggle despite the massive intervention in the sector. According to NBS latest...
The Central bank of Nigeria (CBN) has released a guideline for the establishment of banks and other financial institutions in the country. In the guideline signed...
The Nigerian currency, the naira, has recovered some of its lost value at both the official and black market on Thursday. According to FMDQ securities data,...
The Central Bank of Nigeria (CBN) has revealed that it is still expecting N2.56 trillion out of the N2.73 trillion outside banks’ vaults as the January...
The Nigerian Naira fell 0.11 per cent, or 50 Kobo, on Wednesday due to strong demand for Dollars in the Investors and Exporters (I&E) segment of...
President Muhammadu Buhari on Wednesday explained in detail the basis for his approval to CBN to redesign the N200, N500 and N1000 banknotes. Buhari also expressed...
The Central Bank of Nigeria on Wednesday unveiled the redesigned Naira notes. See the pictures below READ ALSO:NEW NAIRA NOTES: Banks adjust operating hours, days, to...
Commercial banks have begun adjusting operating hours and days to help Nigerians deposit their old Naira notes. Banks across the country operate between 8.00 am and...
Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN) has announced that President Muhammadu Buhari will unveil the newly designed N1,000, N500, and N200 notes...
The Central Bank of Nigeria (CNN) in a final bid to fight inflation rates for 2022 on Tuesday raised interest rates to 16.5%. This is as...
The Coalition of United Political Parties (CUPP) has raised the alarm over an alleged move by the House of Representatives to scuttle the redesign of Naira...
A former Deputy Governor of the Central Bank of Nigeria (CBN) and political economist, Kingsley Moghalu, has bemoaned the escalating levels of poverty across the country....
The Central bank of Nigeria (CBN) has created a countdown clock on its website showing the end for three banknotes in circulation. CBN Governor, Godwin Emefiele,...
Hello, and welcome to the Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to...
The International Monetary Fund (IMF) has offered advice to the Central Bank of Nigeria (CBN) on exchange rate management, and how to solve the Naira’s depreciation....
The Central Bank of Nigeria (CBN) has revealed that it provided $8.89 billion to seven sectors of the economy between January and June 2022 to fund...
The pressure on Nigeria’s currency, Naira moderated on Wednesday as it gained 0.95 percent against the dollar at the parallel market following a slight increase in...
The Nigerian currency had a good day at the black market as traders reduce what they were demanding to sell dollars to Nigerians. Checks by Ripples...
The Senate on Wednesday declared its support for the redesign of the Naira notes by the Central Bank of Nigeria (CBN). The development followed the adoption...
A poll sampling financial experts has revealed that the Central Bank of Nigeria (CBN) will devalue the country’s currency, Naira after the 2023 election. According...
On Tuesday, the naira depreciated to N800/$1, a further drop from Monday’s N780 per dollar performance, after recording its biggest comeback in recent times last week....
Vice-President Yemi Osinbajo has disclosed that Nigeria’s exchange rate regime remains a subject of concern that must be redressed. Osinbajo expressed this view in his address...
The Central Bank of Nigeria (CBN) has confirmed increased deposits in commercial banks across the country. Ostia Nwanisobi, the CBN Director of Corporate Communications, disclosed this...
In the last few days of last week, the recovery of the Nigerian currency, the Naira, had investors skeptical that the rally would last. On Thursday,...
Last week, President Muhammadu Buhari argued that insecurity in the country was not getting worse. We tracked two other stories from the seat of power, Aso...
A former presidential aide, Reno Omokri, has appealed to the Central Bank of Nigeria (CBN) to put the name of former President Olusegun Obasanjo on the...
![OPINION: Buhari’s presidency at Nigeria’s expense [1]](https://i0.wp.com/www.ripplesnigeria.com/wp-content/uploads/2022/01/Ugo-Onuoha.jpeg?resize=400%2C240&ssl=1)
![OPINION: Buhari’s presidency at Nigeria’s expense [1]](https://i0.wp.com/www.ripplesnigeria.com/wp-content/uploads/2022/01/Ugo-Onuoha.jpeg?resize=80%2C80&ssl=1)
LAST week, the governor of the Central Bank of Nigeria [CBN], Mr. Godwin Emefiele, suddenly announced plans to redesign and reissue the N200, N500 and N1000...
The former Deputy Governor of Central Bank of Nigeria (CBN), Kingsley Moghalu, on Thursday, stressed the urgent need for complete overhaul of economic thinking and management...
Access Bank has informed its customers that applications to obtain dollars for school fees abroad, maintenance/upkeep requests will now be determined by availability of the foreign...
Islamic human rights group, the Muslim Rights Concern (MURIC) has backed plans by the Central Bank of Nigeria (CBN) to redesign the Naira notes, but gave...
The former Emir of Kano, Muhammadu Sanusi II, has reacted to claims that the Arabic inscriptions known as ‘Ajami’ will be removed from the redesigned naira...
