No deadline on circulation of Naira notes, says CBN
The Central Bank of Nigeria (CBN) says it has not fixed any deadline for the circulation of the old N200, N500 and N1,000 banknotes. The Acting Director, Corporate Communications Department…
How Emefiele used Zenith Bank to moved funds to wife – Witness
An Assistant Manager with Zenith Bank Plc, Mrs Ifeoma Ogbonnaya on Tuesday narrated to an Ikeja Special Offences Court how the embattled Former Central Bank of Nigeria (CBN) Governor, Godwin…
Naira Marley’s cyber crime trial stalled
The trial of Nigerian Afro-Pop singer, Azeez Fashola (a.k.a Naira Marley) on alleged Cyber crime at a Federal High Court in Lagos State on Thursday, May 30, 2024 could not…
Forex: Naira gains N3.31 against dollar
The Naira gained N3.31 at the official market on Tuesday, trading at N1,465.68 to the U.S. dollar. Data from the FMDQ Exchange, which oversees the Nigerian Autonomous Foreign Exchange Market…
Cause of Mohbad’s death uncertain -Pathologist
A pathologist, Prof. Shokunle Shoyemi, on Wednesday said that the cause of the death of singer Ilerioluwa Aloba (a.k a Mohbad) was concluded as ‘uncertain’. Shokunle testified before a coroner…
Price crude oil in Naira to strengthen currency, expert advises FG
A financial expert, Mr Okechukwu Unegbu, has advised the Federal Government to consider pricing the country’s crude oil, in Naira in order to strengthen the local currency. Unegbu, a past…
Naira depreciates 0.3% against dollar
The Naira on Wednesday slightly depreciated at the official market, trading at N1,421.06 to the dollar. Data from the official trading platform of the FMDQ Exchange, a platform that oversees…
Financial expert urges FG to go after treasury looters, not money sprayers
A financial expert, Mr Okechukwu Unegbu, has urged the Federal Government to dissipate more effort in arresting and prosecuting politicians accused of looting the treasury. Unegbu, a past president of…
Nasarawa Assembly Information Chairman Hon. Dizaho provides sallah package to Constituents.
“… as he assures of better days ahead, tasks his people on prayers, support for leaders to succeed…” Member representing Karu/Gitata constituency at the Nasarawa State House of Assembly, Hon.…
Naira appreciates at official market, gains 2.4%
The Naira gained at the official market, trading at N1,278.58 to a dollar on Tuesday. Data from the official trading platform of the FMDQ revealed that the Naira gained N30.81…
Labour gives FG 14 days to redress harsh impact of economic measures
The two unions gave the ultimatum in a statement on Thursday. The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) said they were concerned about the “non-implementation of…
CBN guidelines on fx will stabilise Naira – NGO
The Independent Media and Policy Initiative (IMPI), says the new policies introduced by the Central Bank of Nigeria (CBN) will help stabilise the Naira in the foreign exchange market. Mr…
Naira free fall: Finance Minister, CBN governor, EFCC chairman meet, intensify action
The Finance Minister and Coordinating Minister for the Economy, Wale Edun has met with the Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso and the Chairman of the…
Buhari approves 10-day extension of old Naira swap
President Muhammadu Buhari on Sunday in Daura, Katsina State, approved a 10-day extension of the deadline for the swapping of currency to new notes. The Governor of the Central Bank…