Business
UK economy hits unexpected growth

Reforms position Nigeria as emerging investment hub –

  • 15th May 2025

Nigeria attracted over $8b in deepwater, gas investments

  • 15th May 2025
Ogun cargo airport to employ 25000 youths on completion - Dapo Abiodun

Mamuda Beverages invests $50m in new industrial facility

  • 14th May 2025

Nigeria ships first Obodo crude blend, says NUPRC

  • 14th May 2025

Contact Info

Some Populer Post

Seplat reports 11% increase in production after SEPNU acquisition

Seplat Energy to reactivate 400+ idle wells to boost

Oil and Gas
AfDB to provide $230m trade finance package for Access Bank

Development banks pledge $610m to tackle climate threats in

Banking
UK economy hits unexpected growth

Reforms position Nigeria as emerging investment hub – Envoy

Business

FG approves key power projects in Oyo 

Electricity

Tag: Naira

A photo of the governor of Kano State, Dr Abdullahi Gandjue
Business

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 ruling order that has constrained the Central Bank of Nigeria from implementing the extended deadline of February 10 because of the naira crunch. Ganduje cited […]

Adamu Garba
Business

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 its naira policy. This was during his live appearance on The 2023 Verdict of Channels Television. This publication recalls that the CBN extended the deadline […]

Bismarck Rewane
Business

CBN policy may cost $18bn GDP loss monthly – Rewane 

The chief executive officer of Financial Derivatives Company, Bismarck Rewane, has said that the Central Bank of Nigeria’s policy on the currency swap would cost Nigeria a Gross Domestic Product loss of $18 million monthly. According to him, Nigeria may experience a total man hour loss of five days per month owing to the disruption […]

Old naira: Feb 10 deadline stands, says Emefiele
News

Old naira: Feb 10 deadline stands, says Emefiele

    The Governor of the Central Bank of Nigeria, Godwin Emefiele, has stated that the February 10 deadline for the old naira stands. According to Daily Trust, he stated this while briefing the diplomatic community at the Ministry of Foreign Affairs in Abuja on Tuesday. “The situation is substantially calming down since the commencement […]

Godwin Emefiele, CBN Governor and the redesigned naira note
featured

Naira crisis: CBN top officials meet on Monday

The top officials of the  Central Bank of Nigeria are to meet on Monday over the redesigned naira notes crisis. The aim of the meeting is to proffer solutions that will address the naira hardship. The Punch reported that the meeting will review the advice offered by the National Council of State. The Council suggested […]

Money bouquet, others abuse naira, CBN warns Nigerians
News

Money bouquet, others abuse naira, CBN warns Nigerians

  Wilson Adekumola   The Central Bank of Nigeria on Friday warned Nigerians against the practices deemed abusive to the naira currency. In a warning issued on Twitter, the apex bank told Nigerians that oractices such as money bouquet, squeezing, selling, and defacing as forms of naira abuse. Also included on the list of acts […]

JUST IN: Make new naira available, Council of State orders CBN
Economy featured

Make new naira available, Council of State orders CBN

Christian George The Council of State has ordered the Central Bank of Nigeria to make the newly redesigned naira notes available in large quantity to Nigerians. The Governor of Taraba, Darius Ishaku, made the disclosure to newsmen on Friday after the Council of State emergency meeting held in Abuja. He said, “the CBN was advised […]

Naira scarcity: Nasir El-rufai
News

Naira scarcity: Gov took N500m from single bank, claims El-Rufai

The Kaduna State Governor, Nasir El-Rufai, has said an unnamed governor received N500 million new notes. According to Daily Trust, El-Rufai, in an interview with BBC Hausa, claimed that politicians who are the targets of the naira redesign scheme already have their way. “There is nothing wrong with changing currencies; every country does it. However, […]

E-commerce

Naira notes production, destruction costs N800bn – CBN

The Deputy Governor, Financial System Stability, Central Bank of Nigeria, Aisha Ahmad, has revealed that the CBN spent N800bn between 2017 and 2021 on the production, storage, transportation and destruction of the currency. According to The PUNCH, Ahmad, revealed this on Friday during her appearance before the House of Representatives. Findings by Sunday PUNCH reveal […]

Business

Commodity cost: Nigerians lament despite naira gains

Despite the naira’s gains over the past week, Nigerians have expressed dissatisfaction with the country’s high cost of goods and services. It would be recalled that the naira, after reaching an all-time low of N900 per dollar, rebounded to N680 per dollar. According to Nairametrics, the sudden improvement was attributed by black market traders to […]

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]

ambusinessng @2025. All Rights Reserved.

Facebook-f Pinterest-p Youtube Instagram Linkedin-in