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Oil earnings rise by N308.6bn
Nigeria’s crude oil earnings rose by about N308.6bn within two…
Redesigned naira: Beware! Fake new N1,000 note in circulation
Few days after the Central Bank of Nigeria, CBN, released the redesigned naira notes in the denominations of N200, N500 and N1,000, fake copies of the new N1000 naira notes have been released into the economy. A mobile money and bank…
Cash limits: PoS operators give CBN ultimatum
The Association of Mobile Money and Bank Agents in Nigeria has expressed optimism that the Central Bank of Nigeria will reverse its cash withdrawal limits policy before the new year. The AMMBAN…
Elon Musk Polls Whether To Remain Twitter Boss Or Not
The new owner of Twitter, Elon Musk, has set up a poll on whether he should remain the boss at…
Banks run out of new naira, demand soars
•Cashiers ration new notes, lenders allot N100,000 per teller in banks •Suspicious customers snub new notes as local traders reject new currency •Court declines to stop CBN withdrawal…
Tax certificate now compulsory for car registration, building approval, others in FCT
The Federal Capital Territory Internal Revenue Service (FCT-IRS) will henceforth require residents to present a Tax Clearance Certificate (TCC) to carry out certain transactions. Mr Haruna…
Banks reconfigure ATMs, new naira enters circulation today
The newly redesigned naira notes will go into circulation on Thursday (today) with Deposit Money Banks releasing the bills to their customers via over-the-counter payments. This came…
Cashless: Senate wants new policy reviewed
The Senate on Wednesday at plenary urged the Central Bank of Nigeria (CBN) to considerably adjust withdrawal limits in response to public outcry on its proposed weekly withdrawal on cashless…
Northern Groups back calls for suspension of cash withdrawal limit
The Coalition of Northern Groups (CNG) has supported the National Assembly’s resolve to compel the Central Bank of Nigeria (CBN) to suspend the implementation of its cash withdrawal limit…
Senate Confirms Aishah Ahmad, Adamu’s Reappointment As CBN Deputy Governors
The Senate on Wednesday confirmed the nomination of Aishah Ahmad and Edward Adamu for a second term as deputy governors of the Central Bank of Nigeria (CBN). The confirmation was sequel to the…
Gov. Adeleke suspends Osun mining licence operators
Governor Ademola Adeleke of Osun state has ordered the immediate suspension of all mining firms operating the state’s mining licences. His order is contained in a statement issued on Wednesday…
Gov. Adeleke squares off with mining firms
Governor Ademola Adeleke said his administration will ensure mining and gold companies pay their debts to Osun. Mr Adeleke disclosed this on the sideline of the inauguration of the solid mineral sector…
Cyber security risk is real pandemic of modern times – Polaris Bank MD, Adekunle Sonola
The Managing Director/Chief…
Nigerian mobile subscribers hit 210m in August – NCC
The Nigerian Communications Commission (NCC) has said no fewer than 210 million Nigerians had been active mobile subscribers in Nigeria as at August with a teledensity of 109.99 per cent. The…
CBN cash withdrawal policy illegal…. the law says N5m – Falana
Femi Falana, human rights advocate, has faulted the new cash withdrawal…
Kick Emefiele out, HURIWA urges NASS
The Human Rights Writers Association has called on the National Assembly to use its legislative powers to kick out the governor of the Central Bank of Nigeria, Godwin Emefiele. The group made the…