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BusinessNews

Banks open banking halls for cash withdrawals on weekends to ease naira crunch (in photos)

…most banks were crowded with customers looking to get their share of naira notes By Chioma Obinagwam Most Deposit Money Banks (DMBs) in...

BusinessNews

Nigeria’s President, Buhari reacts to concerns over currency swap

By Chioma Obinagwam Nigeria’s President, Muhammadu Buhari, has assured Nigerians of undisrupted flow of business amid the ongoing currency swap. Confiance News gathered...

BusinessNews

CBN increases cash withdrawal limits

Nigeria’s apex monetary authority, the Central Bank of Nigeria (CBN) has increased the maximum weekly limit for cash withdrawals for individuals to N500,000....

BusinessNews

Nigeria’s Central Bank raises CRR to 27.5%

…emphasises lending to MSMEs By Chioma Obinagwam The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), Nigeria’s apex monetary authority,...

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