CBN Redesigns Naira, Begins Circulation Dec. 15
As means of checking serial abuse of the naira, the Central Bank of Nigeria (CBN) has concluded plans to redesign certain denominations of the currency.
Why AfDB, AGF solicit increased financing access for women entrepreneurs
The African Development Bank (AfDB) and the African Guarantee Fund (AGF) have stressed the need to close the finance access gap for women-led businesses to increase their contributions to the country’s economic growth.
Why UK agency approves naira for financing transactions
Britain’s export finance agency will add the naira to its list of “pre-approved currencies” for financing transactions.
EFCC Hails CBN’s Move To clampdown On Currency Hoarders
The Economic and Financial Crimes Commission (EFCC) has applauded the move by the Central Bank of Nigeria (CBN) to redesign and reissue higher denominations of the Nigerian currency, the Naira.
LIRS Reaffirms Jan. 31 Deadline For Tax Returns
The Lagos State Internal Revenue Service (LIRS) say Jan. 31, 2023, remains the deadline for filing the annual tax returns by employers of labour.
CBN hikes interest rate to 18.75%
The Monetary Policy Committee, the policy-setting committee of the Central Bank of Nigeria (CBN), has raised the monetary policy rate (MPR), which measures interest rate, from 18.5 per cent to 18.75 per cent.
