Posts Tagged ‘Soludo

First, it was the news that the Naira will be revalued. It was then followed by the news that the Federal Government was not informed and that they were caught off-guard by Soludo’s announcements – that he did not inform or consult the President before making the pronouncement. Then the news that the CBN did [...]

New Naira Policy

In: News

16 Aug 2007

The CBN head has announced a new Naira policy – the Naira will be redominized. The new plan essentially calls for the chopping off of 2 zeros from the currency. It is to go in to effect August 2008. The N100, N200, N500, and N1000 notes will be scrapped. N20 will now be the highest [...]


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This blog is dedicated to informing users on the latest business and economic news news from the CBN and Nigerian Stock Exchange. Happy reading!

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