February 22, 2023
Nigeria: Again, Ganduje Tackles CBN, Calls New Naira Policy 'Covid-23'
Governor Abdullahi Umar Ganduje of Kano state has again, tackled the Central Bank of Nigeria, CBN, over the naira redesign policy, which he has described as a disease, tagged… Read more »
Nigeria: Nigeria's Inflation Index Outdated - IMF
The International Monetary Fund, IMF, has said the index weights and basket deployed by the National Bureau of Statistics, NBS, for the monthly consumer price index were extremely… Read more »
February 21, 2023
Nigeria: Petroleum Minister, Regulatory Body Disagree on Cause of Crude Oil Losses
The Minister of State Petroleum Resources, Timipre Sylva, has faulted claims by the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, that inaccurate measurement was… Read more »
Nigeria: Buhari's Firm Defence of Naira Policy
President Muhammadu Buhari has continued to surprise his critics and well-meaning Nigerians with his no-nonsense stance towards the Central Bank of Nigeria, CBN's, Naira… Read more »
February 19, 2023
Nigeria: Lekki Free Trade Zone - Ideal Platform for Diverse Markets
The Lekki Free Zone, created in 2006 as a modern free zone and managed in accordance with international best practices, is now a major hub of industrial activities. Read more »
February 20, 2023
Nigeria: Labour Party Begs Nigerians to Resist Vote Buyers
... says we have 6 Days to take back our country Read more »
February 19, 2023
Nigeria: Delta 2023 - Omo-Agege, Retirees and the Pipeline Surveillance Money for Youths
Delta State All Progressives Congress (APC) governorship candidate, Senator Ovie Omo-Agege, is taking advantage of old men and women on whom he is now playing pranks. Some days… Read more »
February 20, 2023
Nigeria: Restriction of Forex Affects Export, Import of Stock Fish - Norwegian Envoy
THE restriction of access of Foreign Exchange (forex) on the importation of Stock Fish has affected both the export of the commodity from Norway tom Nigeria and Vice Visa. Read more »
Nigeria: Why I Campaign in the Markets - Peter Obi
The presidential candidate of the Labour Party (LP), Mr Peter Obi, has explained why he visits markets for campaigns. Obi who embarked on an open tour of markets within the Trade… Read more »
February 19, 2023
Nigeria: Naira Scarcity - Commercial Sex Workers Count Losses, Decry Low Patronage
Some commercial sex workers in the Federal Capital Territory (FCT), have decried low patronage in their business due to the scarcity of Naira notes. Read more »
February 18, 2023
Nigeria: Petrol Price - Benue Govt to Clampdown On Erring Filling Stations
The Benue State government has threatened to clampdown on petrol stations in the state that have shunned the Federal Government's directive to dispense Premium Motor Spirit, PMS,… Read more »
February 17, 2023
Nigeria: Full Speech - Continue Using Your Old Notes, El-Rufai Tells Kaduna People
My dear people of Kaduna State, Read more »
Nigeria: Naira Scarcity - Protests Rock Lagos
... .Motorists, residents in panic Read more »
Nigeria: Naira Redesign - Cash Crunch May Worsen Forex Shortage - Fitch
Fitch Ratings, a global credit ratings agency, has warned that the cash crunch occasioned by the redesigning of the N200, N500 and N1000 banknotes by the Central Bank of Nigeria… Read more »
February 16, 2023
Nigeria: Five Key Highlights From President Buhari's Currency Policy Speech
President Muhammadu Buhari has addressed Nigerians on the issue of currency swap policy of the Central Bank of Nigeria, CBN, which has hindered economic activities in the country… Read more »
Nigeria: Fuel, Naira Scarcity - 3 Killed As Protests Rock Oyo, Edo, Benue, Others
AT least three persons were killed yesterday as violent protests erupted in states across the country over lingering fuel and naira scarcity. States affected include Edo, Oyo,… Read more »
February 14, 2023
Nigeria: Govt, CBN to Take Position On Legality of Old Currency
The Federal Government has stated that it will take decision on the legality of the old currency notes of N200, N500 and N1000 after the determination of the suit filed by some… Read more »
February 12, 2023
Nigeria: Banknote Crises - Shoprite, Others Reject Old Notes
Against the backdrop of confusion over the execution of the Supreme Court order to stand down the deadline for acceptance of the old Naira banknote, Nigeria's leading retailer,… Read more »
February 10, 2023
Nigeria: The Faces of Ugly Nigerians in the Petrol and Naira Crises
Fellow Nigerians are currently writhing in agony as they battle to make the best of two self-inflicted crises -- petrol scarcity, and an unusual scarcity of banknotes. These two… Read more »
Nigeria: Currency Swap Policy Affecting Military Operations - -NSA
National Security Adviser, NSA, Maj. Gen. Babagana Mongonu, retd, has appealed to the House of Representatives to evolve practicable solutions to the attendant economic crisis… Read more »
February 09, 2023
Nigeria: Troops Destroy 40 Illegal Refinery Sites, 136 Storage Facilities in Niger Delta
... Arrest 53 suspected oil thieves, deny then stolen products worth N128.26m Read more »
Nigeria: Naira Scarcity - IMF Advises CBN to Extend Deadline
The IMF has urged the CBN to extend the deadline for use of the old notes given the disruptions in trading activities occasioned by the scarcity of the new notes. Read more »
Nigeria: Why Supreme Court Halted CBN's Feb 10 Deadline
A Unanimous Decision, a Seven-Member Panel of Justices of the Supreme Court Had Earlier Yesterday, Restrained the Federal Government From Enforcing the February 10 Deadline for the… Read more »
Nigeria: Extend Old Naira Notes Deadline, 36 Governors Beg Buhari
The 36 governors in Nigeria have urged President Buhari to extend the deadline and revisit the CBN cashless policy. Read more »
February 08, 2023
Nigeria: Atiku Reiterates Plan to Re-Open Nigeria's Boarders for Trade
The Presidential candidate of the Peoples Democratic Party, Atiku Abubakar, has promised voters in Yobe State that he will reopen Nigeria's international boarders and provide a… Read more »