By Kadiri Abdulrahman The Central Bank of Nigeria (CBN), on Monday, said that the old N200, N500 and N1,000 banknotes …
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CBN, commercial banks buckle, declare old naira notes as legal tender
By Lydia Ngwakwe CBN declared on Monday that the old N200, N500 and N1000 banknotes remain legal tender alongside the …
Read More »Naira Scarcity: LASG to sanction any business refusing old naira notes
By Florence Onuegbu Gov. Babajide Sanwo-Olu of Lagos State has directed businesses in the state to collect the old …
Read More »New Naira: Supreme Court declares Buhari’s order on new naira invalid
…Orders old N200, N500, N1,000 notes to remain legal tender till Dec 31 The Supreme Court has invalidated the new …
Read More »WorldRemit leads the way offering a USD payout option in Nigeria
A leading digital cross-border payments business has announced that its customers in Nigeria can now receive remittances in foreign …
Read More »Isoko group berates NASS for keeping mute over Zamfara, CBN N5b gold deal
A socio-political organisation that styles itself as Isoko Advancement Network (IAN), has berated the leadership of the National Assembly …
Read More »The prices of food items are coming down says Buhari’s spokesman
Contrary to complaints from many Nigerians, the Presidency has said that the prices of food items across the nation are dropping. Speaking on behalf of the presidency, Mr Garba Shehu says the significant drop in prices of food items stems from President Muhammadu Buhari’s reforms in the agricultural sector. Mr Shehu who … Continue reading The Prices Of Food Items Are Coming Down – Garba Shehu
Read More »Edevbie, other forfeits of N827.6m to EFCC
The Economic and Financial Crimes Commission, (EFCC) has secured the final forfeiture of N827, 679,098.32 from Flank Power Resources Limited and GMFD Ventures Limited. Both firms are linked to contractors with the Niger Delta Development Commission (NDDC), Matthew Edevbie is the Chief Executive Officer of Flank Power Resources Limited. In a statement by the … Continue reading EFCC Gets Final Forfeiture Of N827.6m From NDDC Contractors
Read More »Naira dips further, as CBN announces new FX policy
The Central Bank of Nigeria (CBN) on Monday announced its first policy actions in the Foreign Exchange (FX) market; this is coming following the free fall of the Nigeria currency, which has become the lowest in the continent.
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