CBN Slashes Daily Withdrawal Limit To N20,000
Ahead of the release of the newly redesigned Naira notes, the Central Bank of Nigeria (CBN) has made good its warning that it will...
Fed Govt, states agree to update Finance Bill 2022
The National Economic Council (NEC) has resolved to update the draft with additional inputs from State Governors as the bill goes ahead to the...
Fed Govt: we supported states with N5. 03tr in seven years
•‘Nigeria not broke, not defaulting in debt repayment’ •We are trying to reduce poverty, say states
WHAT THEY GOT
•13% derivation N1.978tr•Paris Club Refund $2.67b•Ecological Fund...
N600BN derivation refund by FG divides Govt/Akwa Ibom indigenes
The refund of more than N600 Billion 13 percent oil derivation refunds to Akwa Ibom by the federal government has caused a steer in...
Naira redesign: Hoarders scamper for safety
Since the Central Bank of Nigeria (CBN) announced plans to redesign the 200, 500, and 1,000 naira notes with effect from Thursday, December 15,...
I will sell Nigeria’s refineries if elected president – Atiku
The Peoples Democratic Party, PDP, presidential candidate Alhaji Atiku Abubakar has reiterated his resolve to sell Nigeria’s refineries to businessmen if elected president.
Atiku said...
EFCC raids Abuja Bureaux de change offices
Officials of the Economic and Financial Crimes Commission raided the offices of black market currency dealers in Abuja on Tuesday, November 1, 2022, arresting...
Dollar scarcity worsens as banks ration withdrawals, BDCs stretched
• We can’t give what we don’t have, banks tell customers • High cash holders mop up the black market, push naira to highway• BDC dealers...
Naira redesign: ‘Those with illicit money buried under soil will have problem’ – Buhari...
President Muhammadu Buhari, on Sunday, backed the decision of the Central Bank of Nigeria, CBN, to launch new designs of the naira denominations.
Buhari said...
BREAKING: FG disowns Emefiele over plan to redesign Naira …Warns CBN of Consequences
…Finance minister says not aware of policy
Barely Forty Eight hours after the Governor of Central Bank of Nigeria, CBN, Godwin Emefiele announced that the...