Business

The Supreme Court dismissed an appeal by Honeywell Flour…

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The Nigeria Customs Service has accused terminal operators and clearing agents of undermining the newly installed $120m scanners. The Customs Area Controller in charge of TinCan Island Ports, Mr…

The House of Representatives Ad Hoc Committee on new naira re-design and naira swap policy has rejected the 10-day extension granted by the Central Bank of Nigeria, CBN, for the exchange of old notes.…

The Central Bank of Nigeria (CBN) has said it will monitor bank’s strong rooms in Rivers State as a way to checkmate banks that hoard the new naira notes and make it difficult for Nigerians to access.…

President Muhammadu Buhari and the House of Representatives  are on collision course over the deadline for the withdrawal of old naira notes. The CBN had before now, given January 31 deadline for the…

President Muhammadu Buhari met with Godwin Emefiele, governor of the Central…

A report by FITC has revealed that bank customers in Nigeria lost a total of N2.72bn to fraud in the first and second quarters of 2022. It was also disclosed that there was a total of 67,878 cases of fraud…

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says N1.7 trillion worth of naira notes have been returned to banks so far — with N500 billion more to go. He was silent on how much cash will be…

Four days to the expiration of the deadline set by the Central Bank of Nigeria for the old N1,000, N500 and N200 notes to cease from circulation, Deposit Money Banks have taken extra security measures to…

The Central Bank of Nigeria (CBN) has licensed over 400 money agents to facilitate easy access to the newly redesigned notes by the rural dwellers across the length and breadth of Kogi State.  The bank stated that this…

The Central Bank of Nigeria has finally extended the deadline for the exchange of old naira notes by 10 days. In a press statement…

In the business world, Nigerian-born Africa’s richest man, Aliko Dangote’s diligence and passion for success are enviably notable. Despite his predilection for living his life on a very low key,…

The Central Bank of Nigeria (CBN) has insisted that the deadline for the old naira notes to…

President Muhammadu Buhari says efforts are ongoing to ensure improved distribution of the new naira notes. In a statement on Saturday by Garba Shehu, presidential spokesperson, the president said the decision…

A game-worn jersey of basketball superstar LeBron James sold for $3.7 million at auction Friday, five times more than the previous record for one of his shirts. The sale comes with interest even higher…

There has been an increased pressure on the Central Bank of Nigeria (CBN) to extend the January 31 dateline for phasing out old N1,000, N500 and N200 notes. Relevant stakeholders are also saying the…

Barely four days to the expiration of the deadline set by the Central Bank of Nigeria for old naira notes to fizzle out, banks across the country are running short of the new currency, Daily Trust…

Joshua Alobo has approached the Abuja Division of the Federal High Court, praying the court to stop the Central Bank of Nigeria (CBN) from implementing the January 31 deadline to phase out the old…

The Central Bank of Nigeria (CBN) has dismissed claims of a scarcity of the new naira notes. Speaking…

The Speaker of the House of Representatives, Femi Gbajabiamila, has declared his readiness to issue a warrant of arrest on the Governor of the Central Bank of Nigeria, Godwin Emefiele if he fails to appear before…

The 1.5billion dollar Lekki Deep Sea Port is a confirmation of President Muhammad Buhari’s commitment to boosting the country’s economy through infrastructure development. The Buhari Media Organisation (BMO)…

Nigerian businessman Sayyu Dantata,…

In a bid to reach an amicable out-of-court settlement, Dana motors and its Chairman Ramesh Hathiramani and the Assets Management Corporation of Nigeria (AMCON) have filed a term of settlement before a…