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…