Naira scarcity: Cashless transactions drop to N37.67tn
Cashless transactions which is also referred to as online transaction fell to N37.67tn in February 2023 because of delayed and failed money transfers. The new data accessed from the Nigeria…
VIDEO: Ogun gov warns businesses rejecting old naira notes
The Executive Governor of Ogun State, Dapo Abiodun, has issued a firm warning to business owners, merchants in the state to stop rejecting old naira notes. The governor issued…
UK businesses urge EU to reduce energy prices
European businesses have urged European Union to lower energy prices and ease policies to stop industries from leaving the country. This statement was made on Monday, as Brussels prepared plans…
Real estate firm, bank build market for electrical, building materials dealers
A real estate company, M. I. Okoro and Associates, has announced its partnership with Polaris Bank to build market and relocate about 2,000 electrical and building materials dealers in Rivers…
Emefiele orders banks to dispense old naira notes – Soludo
By Christian George The Central Bank of Nigeria has mandated commercial banks to dispense and accept deposits of old N500 and N1000 naira notes. This was made known by the…
March 13, 2023
Kazeem Owoseni The Federal Airport Authority has announced to the general public that runway 18R/36L of the Muritala Muhammed International Airport in Lagos, has been closed. This was…
Group to enlighten charcoal producers on tree planting
The National Charcoal Producers, Dealers and Exporters Association of Nigeria plans a consultative meeting with government agencies to enlighten charcoal stakeholders on the importance of afforestation, known as tree planting.…
Silicon Valley Bank failed over rising interest rate – Report
A tech-heavy lender, Silicon Valley Bank, was closed down on March 10, 2023 and taken over by United States regulators owing to rising interest rates and others. SVB is popularly…
Silicon Valley Bank staff to get 45 days of work at 1.5 times salary
The Federal Deposit Insurance Corp, has offered the employees of the Silicon Valley Bank 45 days of employment at one and a half times their salary. This was according…
Oyebanji urges Ekiti businesses to accept old notes
Ekiti State Governor, Biodun Oyebanji, has urged residents of the state to continue to accept the old naira notes as they are legal tenders following the Supreme Court judgment of…
French pension protests enter day seven
France workers have on Saturday set out to protest against President Emmanuel Macron's pension reform plans, the seventh movement since its announcement. This is happening alongside the ongoing strike in…
