For business and economic news from around the world
WorldStage Newsonline—The All Progressives Congress (APC) Presidential Candidate, Asiwaju Bola Tinubu has appealed to Nigerians not to take the law into their hands through destructive protests because of the current naira scarcity.
Naira scarcity: Tinubu appeals against destructive protests over naira scarcity Read More
WorldStage Newsonline– President Muhammadu Buhari has approved the reintroduction of old N200 note as legal tender alongside the new N200 note until April 10.
Nigeria: Buhari approves return of old N200 for 60 days, old N1,000 and N500 remain redeemable at CBN, designated points Read More
Text of President Buhari’s speech on currency swap, state of the nation
Text of President Buhari’s speech on currency swap, state of the nation Read More
WorldStage Newsonline– The Bayelsa Government on Wednesday dissociated itself from a list of 10 state governments opposing the naira redesign policy and restated its support to the Federal Government on the exercise.
Nigeria: Bayelsa throws weight behind Naira redesign Read More WorldStage Newsonline– The Lagos State Government has acknowledged the patience and calmness of Lagosians following the controversy generated by the Naira shortage crisis and warned those rejecting the old notes to desist from doing so or face prosecution.
Sanwo-Olu warns against rejection of old notes Read More
The Bank of Ghana says the International Monetary Fund (IMF) has appointed a Swiss-funded financial supervision adviser to provide it with technical support.
IMF appoints financial supervision adviser for Bank of Ghana Read More WorldStage Newsonline– The Supreme Court of Nigeria on Wednesday fixed Feb.22 for the hearing of the suites filled by some State Governors against the Federal Government over the cashless policy by the Central Bank of Nigeria (CBN) in old Naira note withdrawal.
Nigeria: Drama as Supreme Court adjourns until Feb. 22 to hear Naira redesign counter suits Read More
TAJBank Limited, Nigeria’s fast-growing non-interest banking services provider, yesterday on the trading floor of the Nigerian Exchange Limited (NGX) became the first corporate to list Sukuk Bond on the bourse.
TAJBank becomes first corporate to list Sukuk Bond on NGX Read More WorldStage Newsonine– There is confusion over the status of the old naira notes (N200, N500 and N1,000) that the Central Bank of Nigeria (CBN) is planning to phase out as the banks have stopped collecting them even while the public have continued to spend them due to acute shortage of the new notes.
Confusion over old naira notes continues as banks reject, but transactions go on as usual Read More
TAJBank Limited, Nigeria’s fast-growing non-interest banking services provider, on Thursday opened a new branch in Apapa, Lagos in furtherance of its current drive to provide seamless financial transactions and advisory services for its growing customer-base.
TAJBank revs up nationwide operations drive, opens Apapa branch Read More