FEC approves Nigeria’s electronic cargo tracking system
The Federal Executive Council has approved the establishment of an electronic cargo tracking note scheme for Nigeria. The News Agency of Nigeria reported that the Minister of Transportation, Alhaji Mu'azu Sambo, informed…
Mixed reactions as CBN launches old naira notes deposit portal
The Central Bank of Nigeria has on Tuesday stated that it would launch an online registration portal that would facilitate the process of depositing old notes in any of its…
Buhari approves old N200 note as legal tender till April 10
The President, Major General Muhammadu Buhari (retd), has given the Central Bank of Nigeria the order to allow the use of the old N200 note alongside the new ones until…
CBN launches portal to ease old naira notes collection
The Central Bank of Nigeria has established a portal for the collecting of old naira notes. TheCable reported that the CBN on Wednesday posted a notice headed "redemption of currency"…
How to report PoS agents with high charges – CBN
The Central Bank of Nigeria has made emergency phone numbers available to the general public so that they can report dishonest Point of Sales operators who are selling new naira…
UK’s inflation drops to 10.1% in Jan 2023 – Report
The UK recorded a fall in Consumer Price Inflation rate dropped beyond expectations from 10.5 in December to 10.1% in January. The closely watched measures of price growth also dropped…
Elon Musk hints at Twitter sale by end of 2023
Twitter chief executive, Elon Musk, has hinted about a possible succession for his role in the company towards the end of the year. In a tweet on Wednesday, Musk…
Naira crisis: FG, CBN’s decision still pending, says presidency
NaiThe Presidency has said on Tuesday that the Federal Government and the Central Bank of Nigeria have not taken any stand on when the old N200, N500 and N1,000 will…
How oil spills decreased 73% in Dec 2022 – Report
Recent government data has shown that oil spills brought on by theft and sabotage decreased by 73 percent between August and December 2022, a result observers say indicates the effectiveness…
National Economic Council okays Nigeria Agenda 2050
The National Economic Council, initiated to offer economic advise to the President, has endorsed the Nigeria Agenda 2050, on Thursday, in Abuja. The 2050 agenda is target at increasing real…
Reject old naira notes, be sanctioned, Ganduje warns businesses
The Governor of Kano State, Abdullahi Ganduje has said that banks and businesses rejecting the old naira notes will face sanctions. Am Business reported that the Supreme Court gave a…
New naira: CBN owes Nigerians explanation, says Adamu Garba
The former Senator of the Federal Republic of Nigeria, Adamu Garba has said that the Central Bank of Nigeria owes Nigerians an explanation and apology over the adverse impact of…
