Economy

The Inspector General of Police (IGP), Usman Alkali Baba has ordered the arrest and subsequent prosecution of all individuals involved in the sale or abuse of naira notes issued by the Central Bank of Nigeria (CBN). According to a…
Read More...

The 2023 governorship candidate of the All Progressives Congress (APC) in Oyo State and Chairman Senate Committee on Local Content, Senator Teslim Folarin has decried untold hardship on Nigerians, occasioned by scarcity of petroleum…
Read More...

Barely 22 days to the general elections, youths in their numbers stormed the streets of Ibadan, the Oyo State capital, on Friday, to protest the current state of the nation. Nigerians have been contending with fuel, new naira notes…
Read More...

The Central Bank of Nigeria (CBN) in a bid to address the long queues at Automated Teller Machines nationwide directed Deposit Money Banks to begin paying the newly designed notes over the counter to customers immediately not exceeding a…
Read More...

The Central Bank of Nigeria (CBN) governor, Godwin Emefiele, has said banks will continue to accept old naira notes after the stipulated deadline. Emefiele spoke on Tuesday, January 31, 2023, when he appeared at an interactive session…
Read More...

The Central Bank of Nigeria has extended the deadline for the swapping of old naira notes with the redesigned ones till February 10, 2023. The CBN stated this in a release on Sunday. The apex bank said it added “a 10-day extension of…
Read More...

Residents of Ibadan have continued to express worry on the deadline given by the Central Bank over the validity of the old naira notes for transaction. Newsmen who visited some Automated tellers machine in Ibadan reports that the…
Read More...

The Central Bank of Nigeria has cautioned supermarkets and commercial outlets to desist from indiscriminate rejection of old naira notes before the January 31st deadline. The Branch Controller, CBN, Ibadan Zone, Mrs. Olufolake Ogundero…
Read More...

Four out of the six ships that had arrived at Lagos ports, according to the Nigerian Ports Authority (NPA) on Thursday, were waiting to berth the petroleum commodity. In addition, NPA said base oil was also being transported by other two…
Read More...

Residents of ibadan have appealed to Central Bank of Nigeria, CBN, to ensure that the National domestic card scheme is well secured to prevent holders from being defrauded. One of them who is An automated teller machine, ATM, card user…
Read More...