New naira: CBN recovers N1.9trn in two months
Following the cash withdrawal policy and the naira notes redesign, the Central Bank of Nigeria said it has since recovered N1.9 trillion in cash previously held outside of the banking…
Clearing agents, terminal operators sabotaging $120m scanners – Customs
The Nigeria Customs Service has accused terminal operators and clearing brokers of sabotaging the $120 million scanners that were recently deployed. According to The PUNCH, this was disclosed by…
UK outlines key fields for teachers seeking immigration
Bisola David The United Kingdom's Department for Education has identified the priority subjects for Nigerian and other nationalities wishing to enter the UK through the Teaching Regulation Agency beginning…
New naira: Experts hail CBN for deadline extension
Oluwanifemi Ojo Financial experts have commended the Central Bank of Nigeria for the decision to shift the deadline that was set to phase out the old notes from…
Bank customers lose N2.72 billion to crooks – Report
An FITC analysis has revealed that bank customers in Nigeria lost a total of N2.72 billion to fraud in the first and second quarters of 2022. According to The Punch, it…
Shipping cost surge caused global inflation – IMF
The International Monetary Fund has linked the current global inflation with the upsurge of the shipping costs. IMF stated in a newly composed report with the title "the costs…
New naira: Business activities lag in Anambra over scarcity
Oluwanifemi Ojo The residents of Anambra have gathered in banks and markets across the region's major cities following the January 31 deadline set for the old nkte to stop…
Imo govt to use tourism as economy booster
Bisola David The Imo State Government has made public its plans to use tourism to grow the state's economy. The Punch reported that the state commissioner for…
New naira: No reason to shift Jan 31 deadline, says CBN
Oluwanifemi Ojo The governor of Central Bank of Nigeria has again stated that the deadline for phasing out the old note remains January 31. This was said in…
New naira: Buhari assures Nigerians of speedy circulation
The President, Major General Muhammadu Buhari (Ret'd.), has assured that the government will ensure that citizens are unharmed in their businesses and no disruption is caused to the entire supply…
Eni signs $8bn gas deal with Libya
Oluwanifemi Ojo The chief executive of Italian energy company Claudio Descalzi, said on Saturday that Italian energy company and Libya's National Oil Corporation have a gas production deal of…
UK airline Flybe enters administration, halts flights, trading
Oluwanifemi Ojo Flybe and the British Civil Aviation Authority (CAA) said on Saturday that Flybe has stopped trading and cancelled all scheduled flights. In a statement written by…
