Customs seize contraband worth N305m in two months
The Nigeria Customs Service’s Federal Operations Unit Zone B has revealed that between January and February 2023, it made 130 seizures of…
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76% CBN Anchor Borrowers’ loans unpaid – IMF
The International Monetary Fund has confirmed that 76 percent of loans disbursed under the Central Bank of Nigeria’s Anchor Borrowers’ Programme, for…
Nigeria’s stock market hits N30trn amid elections
The total market value of Nigerian stocks hit N30 trillion on Monday, amid the uncertainty surrounding the result of Saturday’s general election.…
Nokia rebrands first time in 60 years
Nokia announced plans on Sunday to rebrand, change its logo for the first time in close to 60 years as it drives…
Buhari regime didn’t breach S’Court order on naira policy – Malami
Wilson Adekumola The Minister of Justice and Attorney General of the Federation, Abubakar Malami has defended President Muhammadu Buhari noting that he…
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…
Aspiring pilots pause studies as Aviation schools hike tuition
A number of aspiring pilots who applied to study at aviation schools were forced to pause their plans because of the over…
Kaduna residents seek cash in petrol stations amid naira scarcity
Kaduna State residents have turned to petrol stations to seek for cash in order to satisfy their basic pressing needs amid naira…
ASSBIFI halts strike, mandates banks to reopen
Commercial banks have been ordered to comtinue operations as of Monday, February 20, 2023, according to a statement from the Association of…
Naira crisis: Banks to close down in locations with security challenge, says CIBN
The Chartered Institute of Bankers of Nigeria on Saturday said commercial bank’s operations will be closed in locations with security challenges. The…
CBN denies ordering banks to collect old N500, N1000 notes
Juliet Buna The Central Bank of Nigeria, has said it did not direct banks to collect the old N500 and N1,000,…
Naira scarcity disrupting businesses, manufacturers lament
The Manufacturers Association of Nigeria has said the scarcity of naira has disrupted the proper movement of goods which is adversely affecting…