Customers cash in on Commercial Bank of Ethiopia’s ‘systems glitch’, withdraw, transfer over $40 million

The bank holds the accounts of over 38 million people.

Naira Scarcity: CBN threatens banks, PoS operators hoarding cash

The Central Bank of Nigeria has warned banks and point of sale (PoS) operators to refrain from disrupting the distribution of naira notes.

Nigerian Internet fraudster jailed in U.S. for multimillion-dollar fraud

Nigerian national Olamide Yusuf Bakare, 26, currently residing in Laurel, Maryland, was sentenced today to four years and nine months in prison.

Okada riders in Abuja reject new naira notes

Okada riders in the Kubwa area of the Federal Capital Territory (FCT) are rejecting the new naira notes over alleged counterfeits in circulation.

Residents cry out as scarcity of new naira notes hits FCT

“It seems that the new notes are being hoarded.

Cash Scarcity: Emefiele is sadist, committed crime worse than electoral fraud, Soyinka says

Labour Party, PDP, agents of destabilisation seeking INEC chairman’s resignation: Arewa Youths

Arewa Youth Consultative Forum (AYCF) has condemned the call for the resignation of INEC chairman Mahmoud Yakubu.

Subversive elements in Buhari regime plotting constitutional crisis, Tinubu’s failure: Akeredolu

The ill-timed cash swap policy and the artificial scarcity of fuel are both lethal injections deliberately administered to demarket government, create an uncontrollable crisis in the nation.

Naira Scarcity: Banks reopen in Benin after four-day closure

While many who got access to the banking hall were seen waiting to be paid over the counter, others clustered at the entrance gates and ATM points.

Union, First Bank, Keystone set ablaze as Sagamu rioters protest rejection of old notes given by Gov. Abiodun

After accepting the invalid naira notes from Governor Abiodun’s agents, his supporters were disappointed when banks rejected the notes on Monday.