Economy

The Ogun State Signage and Advertising Agency, (OGSAA) has on Wednesday apprehended two fake agents parading themselves as duly certified third party agents of the Agency. The General Manager, Ogun State Signage and Advertising Agency,…
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The Nigeria Labour Congress, NLC, has suspended its planned strike over the scarcity of naira notes across the country. NLC had planned to begin a nationwide indefinite strike from tomorrow, (Wednesday, March 29) and picketing of CBN…
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Following Directive from the Central Bank Of Nigeria for Commercial banks to open for operation on during weekends, large crowd of customers thronged to the banking hall to get money across the counter. A visit to some of the banks in…
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Oyo State Government has commenced payment of N325 million compensation to property owners acquired for the construction of two bus terminals at Iwo Road interchange Ibadan. The State Commissioner for Public Works, Professor Daud…
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Commercial institutions are now required by the Central Bank of Nigeria to accept and distribute old naira notes as legal tender everywhere in the nation. According to a statement made on Monday by the interim director of CBN Corporate…
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The Presidency Monday evening said the Central Bank of Nigeria had no reason not to comply with the ruling of the Supreme Court on the naira redesign policy. It stated that the President, Muhammadu Buhari did not instruct the CBN…
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State governments, which sued the Federal Government on the naira redesign policy, have given the Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN, and the Central Bank of Nigeria Governor, Godwin Emefiele,…
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Customers of a commercial bank in Ibadan on Monday rejected the old 500 and 1000 old Naira Notes paid to them over the counter by officials of the banks for the fear of the old notes not being accepted as a legal tender. A staff of the…
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Governor of Rivers State, Nyesom Wike has commended residents of Oyo state and Governor Seyi Makinde for supporting the return of power to the south in the just concluded presidential election. He said this during the Inauguration of an…
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The Supreme Court on Friday ordered that old N200, N500, N1,000 notes remain in circulation till December 31, 2023. The apex court also nullified the Federal Government’s naira redesign policy, declaring it as an affront to the 1999…
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