*We didn’t ask banks to collect old N500, N1,000 notes — CBN (Vanguard)*Naira scarcity: Gridlock eases off on Lagos-Ibadan Expressway after protests (Punch)

We didn’t ask banks to collect old N500, N1,000 notes — CBN (Vanguard) The Central Bank of Nigeria, CBN, has said it did not direct banks to collect the old N500 and N1,000, as earlier reported. Director, Corporate Communication, Mr.…

With bank still owing telcos CBN introduces new charges for USSD services

The Central Bank of Nigeria (CBN) has introduced new charges for customers using the Unstructured Supplementary Service Data services (USSD). The apex bank said from Tuesday customers will pay a flat fee of N6.98 per transaction every time they use…

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