Economy

…Despite derivation funds, Delta, Akwa-Ibom, among most indebted states The nine oil-producing states in Nigeria shared N970.20 billion from the federation account through the 13...

*But new notes remain elusive*Banks’ profit, and performance unaffected*As their e-banking income surges*Analysts differ on overall impact There are indications that the three-month-old cash shortages...

The Central Bank of Nigeria (CBN) has confirmed the evacuation of banknotes from its vaults to commercial banks across the country as part of...

The Nigerian Bar Association (NBA) says the federal government should direct immediate compliance with the supreme court orderextending the validity of old naira notes. Yakubu Maikyau, NBA president, said this in a...

ABUJA —The Presidency has denied rumours that it instructed the Attorney General and the Governor of the Central Bank of Nigeria (CBN) to disobey...

The Central Bank of Nigeria (CBN) on Wednesday issued operational guidelines for open banking in the country. The guidelines establish principles for data sharing across...

Kogi State Government has ordered the arrest of residents who are rejecting the old naira notes. In a statement on Friday, Kingsley Fanwo, the State...

President Muhamamdu Buhari has approved the continued use of the old N200 notes. The old N200 notes will co-exist with the new N200 notes, the...

The Supreme Court has said its February 8 order barring the Federal Government and its agencies from enforcing the February 10 deadline for the...

Niger State governor, Abubakar Sani Bello, has directed security agencies in the state to immediately arrest those rejecting the old Naira notes. A statement issued...