In a press briefing held in Abuja, the President of the Nigeria Labour Congress (NLC), Comrade Joe Ajaero, announced that the NLC would be shutting down the Central Bank of Nigeria (CBN) for its failure to make cash…
According to the latest reports from the Investors' and Exporters' window, the Nigerian Naira experienced a slight appreciation against the US dollar on Wednesday. The Naira was able to exchange at N461.09 to the…
On Tuesday, the Olubadan of Ibadanland, Oba Sen. Lekan Balogun, praised the Federal Government for adhering to the Supreme Court's decision on the redesign of the naira. The monarch stated that the decision was in the…
The Federal Airports Authority of Nigeria (FAAN) has announced its intention to temporarily close the runways 18R and 36L at the international axis of the Murtala Muhammed Airport in Lagos for maintenance work.…
The Kogi State Government, together with stakeholders in the financial sector, recently conducted a sensitization campaign in Lokoja to inform the public about the need to accept old naira notes in compliance with a…
Britain’s economy rebounded in January, official data showed Friday after it narrowly avoided recession in the fourth quarter despite soaring inflation. The gross domestic product grew 0.3 per cent, the Office for…
The Nigeria Security and Civil Defence Corps (NSCDC) has announced its plan to partner with the Nigerian Postal Service (NIPOST) to deploy an Address Verification System (AVS) technology aimed at preventing the use of…
In a bid to combat crime and enhance effective monitoring of electoral activities, the Executive Chairman of Itire-Ikate Local Council Development Area, Hon. (Dr) Ahmed Olanrewaju Apatira, has donated operational…
The Central Bank of Nigeria (CBN) has denied reports circulating that it has extended the validity of old N500 and N1,000 notes to May 1st, calling it "fake news." The apex bank has stated that it did not issue such a…
If you're an immigrant hoping to make a name for yourself professionally and financially, Canada is your country of opportunity. Canada's economy and employment market are both on the upswing, therefore people with…
The Central Bank of Nigeria (CBN) in Kogi has instructed customers with amounts less than N500,000 to visit their banks to exchange their old currency for new notes. The bank office along Hassan Katsina Road in Zone 8,…
On Friday, the Lagos State Police Command confirmed reports of civil unrest in certain parts of the state due to the current scarcity of the naira. The unrest began with protesters gathering at Mile-12, Ketu, Ojota…
On Monday morning, civil unrest occurred in various parts of Lagos State, including Agege and Ikorodu. There were reports of pandemonium in some areas of the state on Friday, as certain individuals, suspected to be…
Chaos in Mile 12, Ikorodu garage, Sabo Roundabout and in some parts of Lagos as hoodlums riot over the scarcity of new Naira notes. There was unrest in Mile 12, Lagos State as hoodlums rioted over the scarcity of new…
The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, on Thursday, said since President Muhammadu Buhari announced his latest directive on the new Naira policy, he has met with the leadership of about 15…
As tension continued to rise over the scarcity of the newly redesigned N200, N500, and N1,000 currency notes, commercial banks, motorists and major sales outlets across the country have refrained from the collection of…
As protests continue to spread across various parts of Ibadan, commercial banks and business outlets have been shut down and secured. The protest, which began in the early hours of the day, has now spread to areas…
MTN Nigeria Communications Plc, a mobile telecommunications service provider, has issued an apology to its customers for the service interruption they experienced on Valentine's Day, February 14. The company…
The Central Bank of Nigeria (CBN) has released emergency telephone numbers to the public to report Point of Sales (POS) agents selling new naira notes or charging exorbitant fees for withdrawals. The Director of CBN…
On Wednesday, the Supreme Court of Nigeria added Lagos, Cross River, Ogun, Ekiti, Ondo, Sokoto, and Katsina states as plaintiffs in a lawsuit challenging the decision of the Federal Government to cease the use of old…