Warri market women protest naira scarcity
Market women in Warri and environs took to the streets to protest the prolonged scarcity of cash, which has according…
Give me 7 days to solve naira scarcity problem, Buhari begs Nigerian s
President Muhammadu Buhari said he would use the remaining seven days of the February 10 deadline to get to the…
Oil spillage: Amnesty International welcomes villagers’ suit against Shell
Amnesty has welcomed a multibillion-dollar suit by 13,500 Niger-Delta villagers against Shell in London. Shell oil spills have wrecked their…
CBN orders banks to pay new naira notes over the counter
As many Nigerians continue to face cash squeeze the Central Bank of Nigeria has told deposit banks to pay their…
Revoke oil marketers’ licences, PENGASSAN tells FG
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), has urged the Federal Government to revoke licences of…
Nigeria’s public debt jumps to N44.06 trillion
Nigeria’s public debt stock increased from N42.84 trillion (103.31 billion dollars) in the second quarter of 2022 to N44.06 trillion…
Banks will accept old notes after deadline, says Emefiele
Central Bank of Nigeria governor, Godwin Emefiele has hinted that banks will accept old naira notes after the February 10…
Emefiele bows to pressure, extends naira swap deadline to February 10
Central Bank of Nigeria governor, Godwin Emefiele after meeting with President Muhammad Buhari Sunday morning in Abuja, agreed to shift…
We don’t have enough new naira notes, Banks cry out
Commercial Banks in Nigeria have countered the Central Bank of Nigeria (CBN) over claims that they have enough new naira…
CBN hikes lending rate
Nigeria’s central bank on Tuesday raised its benchmark lending rate by 100 basis points (bps) to 17.5% (NGCBIR=ECI), as monetary…
CBN insists on January 31 deadline for old naira notes
The Central Bank of Nigeria said Tuesday there would be no shifting of the January 31 deadline for the old…
New notes deadline: House of Reps urge CBN to give Nigerians six months
As Nigerians scramble to have the redesigned naira notes in their hands with the January 31 deadline fast approaching, the…
CBN makes U-turn withdrawal limits, It’s now N500, 000 per week
The Central Bank of Nigeria (CBN) has announced an upward review of cash withdrawal limits to N500, 000 and N5…
Nigerians mock Emefiele’s new notes
Six days after the new naira notes went into circulation, some traders still find it hard to accept it as…
Who sold $2.4b worth of Bonny Light? Lawmakers launch investigations
The House of Representatives Tuesday launched an investigation into a whistleblower who claimed that 48 million barrels of Oil worth…