Naira crisis: Banks lose N5 billion to protesters
The Association of Senior Staff of Banks, Insurance and Financial Institutions, an umbrella body of banking industry personnel, revealed that banks lost N5 billion...
BREAKING: Nigeria’s inflation hits 21.82 percent
According to the most current National Bureau of Statistics, NBS data, Nigeria's January inflation rate increased from 21.34 percent in December to 21.82 percent...
February 10 Deadline On Old Naira Notes Stands — Godwin Emefiele
Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), has stated that the February 10 deadline for the circulation of old naira notes...
BREAKING: CBN has directed banks to commence over-the-counter payment of new notes
On Thursday, the Central Bank of Nigeria (CBN) directed commercial banks to begin issuing new naira notes to consumers over the counter.
This was confirmed...
FCT bans POS users in residential areas.
Owners of Point of Sales (POS) devices are required by the Federal Capital Territory Administration (FCTA) to confine their activities to commercial zones.
On Wednesday,...
Over $1.5 billion Lekki Deep Sea Port in Lagos is opened by Buhari
On Monday, President Muhammadu Buhari formally opened the Lekki Deep Sea Port in Itoke Village, Ibeju-Lekki, Lagos. He did so while seeing cargo being...
Banks will be open on Saturdays to collect old notes — CBN
The Central Bank of Nigeria (CBN) announced on Friday that banks will be open on Saturdays to accept old Naira notes from consumers.
Mr Kama...
New Naira: Governors summon Emefiele to discuss policies
The Central Bank of Nigeria's Governor, Godwin Emefiele, has been called to account by the governors of the 36 states over the withdrawal policy...
Traders, Transporters Reject New Naira Notes
The Central Bank of Nigeria's release of the new naira notes has been the subject of several accounts of confusion, shortage, and even rejection...
Elon Musk tweets “the bird is freed” amid rumours that he intends to become...
He had been tweeting about SpaceX's Falcon rocket up until the bird allusion, which seemed to refer to his $44 billion acquisition of Twitter...
