Tag: Central Bank of Nigeria

No plans to phase out redesigned Naira notes – CBN

April 30, 2023 thTV Admin, Owerri No Comments

The Central Bank of Nigeria (CBN) says no plans to phase out the redesigned Naira notes from circulation. CBN’s Acting Director, Corporate Communications Department, Isa AbdulMumin, made this known in a statement in Abuja on Sunday. The statement was a reaction to a viral news on social media that the apex bank was contemplating the…

Banking, Business, thTV

Naira Redesign: Anambra residents decry sudden disappearance of new N200, N500, N1,000 notes

April 17, 2023 thTV Admin, Owerri No Comments

Barely one month after the reintroduction of old N200, N500 and N1,000 notes, some residents of Anambra have decried the unavailability of the new notes in many banks in the state. Some of them told the News Agency of Nigeria (NAN) in Awka on Monday that they hardly complete transactions with new naira notes because…

Banking, Headlines, thTV

PalmPay Hits 10 Million User Milestone in Nigeria

August 31, 2022 thTV Admin, Owerri No Comments

The fintech has gained significant traction with its payment’s app and nationwide agency banking network LAGOS, Nigeria, August 31, 2022/ — PalmPay (https://PalmPay.com/), a fintech innovator aiming to make digital payment more accessible and flexible, announced that it has reached 10 million users in Nigeria. This represents a doubling in its user base within just six…

FinTech, Press Release