Air Peace halts flight operations for elections
Buna Juliet Air Peace on Thursday announced that flight operations will be suspended on February 25 as a result of the general elections. However, flight operations will resume February…
Elections: No plans to shut down bank transactions, CBN insists
The Central Bank of Nigeria has debunked rumours spreading that it plans to shut down bank transactions from February 23 to February 27, 2023 because of the forth coming election.…
Naira scarcity: Over N500bn old notes still in circulation, says EFCC
The Chairman of the Economic and Financial Crimes Commission, Mr. AbudulRasheed Bawa, on Wednesday said that over N500 billion of the old N1000 and N500 notes are still out of…
Mainstream Energy named winner of 700MW Zungeru plant concession
The Federal Government, on Wednesday, announced the winner of the biddings for the concession of the 700 megawatts Zungeru Hydroelectric Power Plant, costing $70,000,251 annually for a period of 30…
Afreximbank purchases 5% of Geregu Power shares
Afreximbank has completed the acquisition of five per cent of the shares of Geregu Power Plc. According to The BusinessDay, the purchase was made through its subsidiary - Fund for…
Nigeria’s GDP growth rate records 3.10% decline – NBS
The Nigerian annual Gross Domestic Product recorded a 3.1 percent growth in 2022, this represents a 0.3 percentage point decline from the 3.4 percent recorded in 2021. This was disclosed…
VIDEO: Edo community resort to trade-by-barter amid naira scarcity
The residents of Anegbette Community in the Etsako Central Local Government Area of Edo State have resorted to trade-by-barter as a means of survival as the naira scarcity lingers. …
Again, Supreme Court adjourns old naira suit
CoThe Supreme Court has on Wednesday adjourned the case instituted by some state governments against the federal government on the naira redesign policy till March 3, 2023. Recall that three…
How social media posts influence Nigerians’ buying decisions – Report
A 2023 survey conducted by Meta, the parent company of Facebook, Whatsapp, and Instagram, found that 77% of Nigerian customers made decisions about the upcoming Islamic holiday of Ramadan based…
Naira redesign suit against FG resumes Wednesday
The Supreme Court's hearing over naira redesign which was adjourned after a session on February 17 will resume today (Wednesday). This publication recalls a suit was filed by Zamfara, Kogi…
Old naira: Aisha Buhari blames hacker for fake post
The First Lady of Nigeria, Aisha Muhammadu Buhari has blamed hackers for the fake post regarding the recirculation of the old naira notes which went viral in the early hours…
Old naira: Aisha Buhari working with ‘other cabal,’ tweeps react to fake post
Some Nigerians have reacted as the Central Bank of Nigeria debunked the announcement made by the First Lady, Aisha Buhari on Tuesday that her husband, President Muhammadu Buhari, has ordered…
