Written By Oshiobugie Omo-Ikirodah Nigerian Activist, Deji Adeyanju has advised the incoming administration on whom should be the next governor of the Central Bank…
Femi Otedola, Nigerian billionaire has reportedly sold off his entire shares in Transcorp Plc to Tony Elumelu, the company’s chairman and largest shareholder. The…
The group chairman of Transnational Corporation Plc (Transcorp), Tony Elumelu said he looks forward to working with the Nigerian billionaire businessman, Femi Otedola at…
Cadbury Nigeria Plc’s revenue rose by 30 percent in the first quarter of this year. The firm disclosed this in its Un-audited Interim Financial…
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the International Monetary Fund (IMF) growth projection for Nigeria shows that the country…
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) says the pump price of premium motor spirit (PMS), also called petrol, should…
Air Peace has recorded the fastest growth by fleet when compared to its African rivals in the continent’s aviation market, Prime Business Africa’s finding…
In compliance with the Central Bank of Nigeria’s (CBN) latest directive, commercial banks have announced that their various branches will be open on weekends…
The Central Bank of Nigeria (CBN) governor, Godwin Emefiele, has apologised to Nigerians for the glitches experienced while trying to effect various e-payment transactions.…
Nigerian business tycoon, Aliko Dangote, overtook two Russians, one Chinese and an Indian on the billionaires’ list on Monday, after making N460bn in a…
Written By Oshiobugie Omo-Ikirodah The Central Bank Of Nigeria has obeyed the use of old 200, 500, And 1000 naira notes till December 31st…
The Central Bank of Nigeria has cleared the air on directing commercial banks to dispense and accept the deposit of old Naira notes amid…
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…
The Central Bank of Nigeria (CBN) has finally directed commercial banks to dispense old currency notes and to also receive the same as deposits…
The Central Bank of Nigeria said that both old and new notes are now legal tender. The Acting Director of Corporate Communications CBN, Dr…
Several commercial banks in the country have begun partial compliance with the Supreme Court order approving the use of old N1,000 and N500 and…
The Central Bank of Nigeria CBN has described as fake news a viral Whatsapp message claiming the apex bank will be shutting down financial…
Kano State Governor, Abdullahi Umar Ganduje, warned commercial banks operating in the state that he would destroy any bank that refuses to accept the…
The Central Bank of Nigeria (CBN) has denied reports making the rounds that it has authorized deposit money banks to collect the old N500…
The Central Bank of Nigeria (CBN) says it has designated commercial banks to assist in the collection of the old N500 and N1,000 notes…
Central Bank of Nigeria (CBN) has created a portal for the collection of old naira notes as it looks to begin its currency redemption…
In spite of the Supreme Court order extending the deadline for the old naira notes till Wednesday this week, banks yesterday stopped accepting the…
Members of the council of state have expressed support for the naira redesign policy of the Central Bank of Nigeria (CBN). The council however…
The International Monetary Fund (IMF) has advised the Federal Government of Nigeria to extend the February 10 deadline for the validity of the redesigned…
In a trending video on Sunday, a deputy director of the CBN, who identified himself at Owoeye said there was no excuse for keeping…
The Central Bank of Nigeria, CBN Governor, Goodwin Emefiele has ruled out the possibility of extending the 10-day grace for the old Naira notes…
Point of Sale (PoS) agents in Nigeria have begun to take advantage of naira note scarcity to demand extra charges on every transaction made…
The Central Bank of Nigeria (CBN) has warned Nigerians against selling, spraying and stamping on the naira, describing the acts as “unlawful”. In a…
Former Aviation Minister, Femi Fani-Kayode, has slammed the governor of the Central Bank of Nigeria, Godwin Emefiele, over the new monetary policy. The CBN…
Governor of the Central Bank of Nigeria, Godwin Emefiele has said that banks in the country will continue to accept the old Naira notes…
Governor of the Central Bank of Nigeria, Godwin Emefiele on Sunday, revealed that part of the reasons the Federal Government decided on the redesign…
Central Bank Of Nigeria, Godwin Emefiele has increased the old naira note deadline by ten days. In a press conference, the Governor Of CBN…
The Central Bank of Nigeria insists the deadline for the return of old N200, 500 and N1000 notes remains January 31, 2023. The…
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said that the January 31st deadline for the validity of the old…
The Central Bank of Nigeria (CBN) has launched a cash swap programme in partnership with super agents and deposit money institutions (DMBs). This was…
The Central Bank of Nigeria (CBN) has said the use of cash will naturally slow by 2025. In its Payments Vision 2025 document, the…
A state in Midwestern United States, Indiana, has slammed Tech giant, Google with a fine of $20 million to resolve a lawsuit. Indiana, according…
Some of Twitter’s remaining employees have reportedly started bringing their own toilet paper to the office as Elon Musk implements cost-cutting measures at the company.…
President Muhammadu Buhari says the Ajaokuta steel company is ready to be granted to private investors. Buhari disclosed this while inaugurating several projects…
The Chairman of the Association of Licensed Telecoms Operators of Nigeria (ALTON), Gbenga Adebayo, has disclosed that network providers will disconnect banks from the…
The World Bank has once again criticized the Central Bank of Nigeria’s (CBN) exchange rate management style which has divided opinions among economists and…
Elon Musk, the billionaire founder of Tesla Inc., says he will resign as Twitter’s chief executive officer when he finds someone “fo0lish enough to…
The Central Bank of Nigeria (CBN) has announced an upward review of its cash withdrawal limits directive. The apex bank announced in a…
The World Bank has warned that the timing and short transition period of the naira redesign policy may have negative impacts on economic activity.…
The Federal Government generated N1.4 trillion from Value Added Tax (VAT) and Company Income Tax in three months. The National Bureau of Statistics (NBS)…
President Muhammadu Buhari has said that his administration has created more than 13 million direct and indirect jobs in the past seven and a half…
As the new naira notes went into circulation on Thursday, Nigerian banks are struggling to provide it in abundance as demands overshoot supply in…
Bismarck Rewane, managing director and CEO of Financial Directives has expressed a different opinion on the impact of cash withdrawal limit and new naira…
The World Bank has announced that Nigeria’s growing inflation rate has cut the existing minimum wage by 55% and has raised the number of…
The Nigeria Customs Service has revealed that it made over N1.95 billion in the month of November from goods imported through the Murtala Muhammed…