The Federal Government says it is considering how best to achieve subsidy removal without disrupting livelihoods in Nigeria. The Permanent Secretary, Ministry of Petroleum Resources, Ambassador Gabriel Aduda, said this…
Business & Economy
Naira Crisis: Queues For Cash Persist, Customers ‘Bribe’ Bank Officials
Long queues yesterday persisted at banks across the country as customers struggled to withdraw cash, despite the ruling by the Supreme Court that the old note denominations remain legal tender…
Supreme Court Orders Old N200, N500, N1,000 Notes to Remain In Circulation Till Dec 31st
The Supreme Court, nullifies the ban on use of the old N200, N500 and N1000 banknotes as legal tenders nullifies The Supreme Court declared the directive as well as the…
Why governors are against new naira —El-Rufai
The Kaduna State Governor, Nasir El-Rufai, has denied that governors are against the naira redesign because it would prevent them from inducing voters during the forthcoming elections. According to El-Rufai,…
Old Naira Fake News: Aisha Buhari Tasks Security Agents To Unmask Hackers Of Her Social Media Accounts
The First Lady, Mrs Aisha Buhari, has disclaimed the fake news on old higher Naira banknotes posted on her verified Instagram and Facebook handles on Tuesday, challenging security agents to…
Adeleke tells CBN to sanction banks hoarding new Naira
Governor Ademola Adeleke of Osun State has asked the Central Bank of Nigeria (CBN) to sanction financial institutions hoarding the new Naira and ensure they are made available to the…