CBN has authorized use of old naira notes – Soludo
Prof Charles Soludo, governor of Anambra State, on Monday, said that the Central Bank of Nigeria (CBN) has asked commercial banks to dispense and accept old naira notes as deposits.
Read MoreAuthor: Joseph okafor
FG instructs banks to charge electronic transfer levy on domiciliary accounts
The Ministry of Finance, Budget and National Planning has directed commercial banks in the country to start charging N50 electronic transfer levy on domiciliary accounts (foreign currency accounts). This was
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It’s illegal,’ Sanwo-Olu warns Lagos residents against rejecting old naira notes
Lagos State governor, Babajide Sanwo-Olu, has noted that in line with the judgement of the supreme court, old naira notes remain legal tender in the state. Recall that on March
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Commuters, others face hard times as old notes rejection continues
The rejection of old notes by transport operators, fuel stations, traders, and other businesses continued over the weekend, leaving many bank customers, workers and commuters stranded in various parts of
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Edo refinery places new 150,000 barrels crude order
The Edo State government-backed Edo Modular refinery has ordered the supply of 150,000 barrels of crude to meet the demand of its growing clientele base, weeks after commencing production. This
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No going back on nationwide protest, says LP
The Obi-Datti Presidential Campaign Council, on Sunday, reiterated that its supporters won’t back down on their planned nationwide demonstration unless the Independent National Electoral Commission grants LP’s lawyers access to
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Naira swap: 10 days after, Buhari, Emefiele fail to honour S’Court judgment
Ten days after, President Muhammadu Buhari and the Godwin Emefiele-led Central Bank of Nigeria (CBN) have failed to honour the judgment of the Supreme Court in the naira redesign suit
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Naira scarcity: Businesses crumbling, commuters, others facing hard times
The continued naira scarcity in all parts of Nigeria has grounded countless small and medium businesses and pushed millions of families to increased poverty. Their troubles stem from the fact
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Many fake redesigned naira notes in circulation, NSCDC raises alarm
The Nigeria Security and Civil Defence Corps (NSCDC) has raised concerns over the preponderance of fake redesigned naira notes in circulation, while assuring that it will continue to arrest and
Read MoreNaira swap: Arewa forum warns Buhari, says chaos, anarchy loom
The Arewa Consultative Forum (ACF) has expressed anger with President Muhammadu Buhari for allegedly disobeying Supreme Court judgment over naira redesign and currency notes scarcity. The Supreme Court had about
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