[ad_1] • Emefiele: CBN will still collect old notes after Feb 10 deadline• CBN uncovers mismanaged N4m new notes in Ogun, knocks commercial banks• Online transfers take days to complete,…
Tag: Squeeze
To avert another currency squeeze, financial crisis | The Guardian Nigeria News – Nigeria and World News
[ad_1] The pronouncement of the Supreme Court last week extending the validity of both the old and the new Nara notes as legal tender until further notice should provide some…
CBN assures of deposits’ safety amid cash squeeze
[ad_1] Amid repeated assurance by the Central Bank of Nigeria (CBN) that there is enough cash in circulation, Nigerians continue to groan over the scarcity of cash. In Abuja, most…
As Pressure on Harvard President Increases, University Board Feels the Squeeze
[ad_1] Dec. 24, 2023 10:32 pm ET In the wake of calls for the resignation of Harvard President Claudine Gay, a growing number of faculty members are turning their focus…
CBN ‘responds’ to cash squeeze, stops charges on large deposits
[ad_1] • Dithers on plan to wean banks off cash handling risks The Central Bank of Nigeria (CBN), yesterday, made a U-turn on ‘penalties’ on deposits in excess of N500,000…
To avert another currency squeeze, financial crisis
[ad_1] 16 Sep The headline inflation rate increased to 25.80 per cent in August driven mainly by food and non-alcoholic beverages, which contributed 13.36 per cent. This figure is 1.72…
UK reins in Christmas spending as cost of living squeeze continues
[ad_1] British retailers missed out on a pre-Christmas sales spike in November as customers limited spending on non-essential items, according to data released on Tuesday. ADVERTISEMENT The British Retail Consortium,…
Inflation in Europe falls to 2.4%, as higher interest rates squeeze growth
[ad_1] Inflation for the 20 countries using the euro currency fell from an annual 2.9% in October, according to numbers released Thursday by Eurostat, the European Union’s statistics agency. ADVERTISEMENT…
UK Treasury Chief Signals Tax Cuts and a Squeeze on Welfare Benefits Are on the Way
[ad_1] LONDON (AP) — U.K. Treasury chief Jeremy Hunt says the government can afford to lower some taxes now that inflation is falling, but that any cuts will come along…
Hunt says tax cuts for businesses a ‘priority’ as he hints at benefits squeeze
[ad_1] Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Jeremy Hunt has given his strongest indication…