Custodians of Truth
In what appears to be a twist in the ongoing saga of the Nigerian currency, commercial banks in Nigeria have started issuing out old N500 and N1000 notes to their customers. This development follows the Supreme Court’s recent ruling on […]
In a landmark ruling on Friday, the Supreme Court ordered that old N200, N500, and N1,000 notes will remain in circulation until December 31, 2023. The apex court also nullified the Federal Government’s naira redesign policy, declaring it an affront […]
The Central Bank of Nigeria’s (CBN) naira swap policy has caused a predicted drop in the country’s gross domestic product (GDP) in Q1 2023. Bismarck Rewane, CEO of Financial Derivatives Company Limited, shared his insights on the policy’s effects during […]