Breaking: Old Naira Notes Remain Legal Tender – Supreme Court
The Supreme Court has ordered the usage of the old naira notes alongside the new ones, berating the Federal Government and the Central Bank of Nigeria…
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Business
Nigerian business and economy news: the naira, CBN policy, inflation, oil and gas, banking, markets, budgets and companies.
Okowa sets to borrow N12b to curry Delta state pensioners’ votes
Despite public outcry over incessant loans by the outgoing Governor of Delta State, Governor Ifeanyi Okowa, Delta state is going to be plunged further with another…
Breaking: Bank Workers to Begin Strike On Monday if….
Following the worsening challenges from accessing the new naira notes, Bank Workers are set to begin a strike on Monday. The industrial action, The Nation learnt,…
How 2023 Valentine’s Day Can Still Be Colorful Despite Naira Scarcity
Kenny Folarin, Abuja Every February 14 globally, the language of love is spoken by all and sundry irrespective of tribe, race, color or religion, Nigerians are…
Churches Record Low Tithes, Offering As Naira Scarcity Bites Hard
Anyebe Victor, Abuja As Nigerians continues to battle with frustrating challenges faced with the scarcity of the new Naira notes, Nigerian churches are not exempted in…
Cash Swap: Supreme Court Suspends CBN’s Feb 10 deadline
The Supreme Court of Nigeria has restrained the Federal Government from continuing with the full implementation of the demonetization policy. Three northern states, Kaduna, Kogi and…
EFCC Arrests Bank Manager for Hoarding N29 Million Redesigned Naira Notes
An Operations Manager of a leading Commercial bank in Abuja Central Area was on Tuesday, arrested by operatives of the Economic and Financial Commission, EFCC, for…
BREAKING: Nigerians Won’t Lose Old Notes After Deadline – CBN
The Central Bank of Nigeria(CBN) has bowed to the demand of the House of Representatives for a gradual phase-out of the old naira notes. Its Governor…
CBN Extends Deadline for Use of Old Naira Notes
Central Bank of Nigeria (CBN) has announced a 10-day extension of the deadline for the use of old naira notes across Nigeria. The CBN governor, who…
Ways and Means: CBN lends FGN over N22.8 Trillion
Nigeria’s central bank increased its ‘Ways and Means’ loans to the federal government in September by N749 billion, the latest data reveals. The total ways and…