Economy

The past few weeks have been a challenging one for Nigerians especially our SME’s, poor and vulnerable masses and those whose very survival depend on daily cash transactions. They have felt the brunt of the combined problems of scarcity of…
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As part of efforts to cushion the effects of fuel and Naira scarcity, Ogun State Government has concluded arrangements to distribute 400,000 food items to the vulnerable residents of the state. The State Governor, Prince Dapo Abiodun who…
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As part of efforts to reduce crises caused by the scarcity of fuel and cash, oyo state police command has met with critical stakeholders to find a lasting solution to the menace. The security summit held at the police headquarters,…
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Ogun State Governor, Prince Dapo Abiodun, has paid a visit to Gabriel Michael, who was hit by a stray bullet during the protest on cash scarcity which rocked Abeokuta, the state capital on Tuesday. Speaking with newsmen at the Federal…
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Some traders in Dugbe and Aleshinloye markets in Ibadan now lament over the low patronage and difficulty in dealing with their customers in recent time Traders who deal in clothing materials food stuffs, fruits and other consumables said…
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The Supreme Court, Wednesday, restrained the Federal Government from enforcing the February 10 deadline for the use of N200, N500 and N1000 old Naira notes. The apex court, in a unanimous decision by a seven-member panel, halted the full…
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The Group Chief Executive Officer, Nigerian National Petroleum Corporation Limited, Mele Kyari, has assured Nigerians that the lingering fuel scarcity will ease off next week. Kyari said this in a video clip shown on Channels Television…
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The Independent Petroleum Marketers Association of Nigeria (IPMAN) said it has called off the suspension notice earlier sent to its members following amicable resolution of the issues of contention. The association, had earlier on Monday…
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President Muhammadu Buhari has met privately with the Chairman of the Nigeria Governors’ Forum, Aminu Tambuwal; and the Chairman of the Progressives Governors’ Forum, Atiku Bagudu over the scarcity of the three naira notes. Also in…
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Ogun State Controller of the Central Bank of Nigeria CBN, Mr Wahab Oseni has said that the apex bank has enough cash to disburse to all commercial banks in the state. Mr Oseni gave the assurance when Governor Dapo Abiodun paid an…
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