Business

The Central Bank of Nigeria (CBN) said there’s no plan to introduce N5,000 denominated bank note following the naira redesign. According to NAN report, Ahmed Umar, CBN Director of Currency Operations made the clarification on Tuesday…

President Muhammadu Buhari unveiled the new naira notes on Wednesday, November 23, 2022 The notes parade a number of new features, apart from coming very close to the ones in circulation The N200, N500 and N1000 notes took similar…

Upon the implementation of the Naira redesign by the Central Bank of Nigeria (CBN), the Institute of Chartered Accountants of Nigeria (ICAN)  has listed issues such as impact on inflation and exchange rates, cost of designing and printing…

The National Identification Number linkage to SIM cards have seen a spike in the number of enrolments in Nigeria Stats show that some states in the country have recorded more NIN registration than others Also, these states command a high…

Vice President Yemi Osinbajo has stated that it will soon become difficult for debtors to obtain federal government contracts The statement was issued by Laolu Akande, Osinbajo’s aide who said that the move was recommended by a Committee…

The naira has continued its giant stride against the dollar in the last five days The Nigerian currency is currently trading at N640 against the US dollar on the black market Analysts believe the fall was due to panic and dump of the…

Emeka Okoroanyanwu and Babajide Okeowo The plan by the Central Bank of Nigeria (CBN) to redesign the Nigerian currency notes of N200, N500 and N1000 has taken off on an acrimonious note as the apex bank and the Federal Ministry of…

Services have been restored to World’s leading messaging app, WhatsApp after a major global outage earlier. As of 10.00 a.m. normal services have been restored as messages could now be sent and received. It would be recalled that the…

The world’s leading messaging app WhatsApp has suffered another major global outage. The social media platform completely stopped working around 8:00 am on Tuesday, October 25, 2022, leaving billions of users stranded and worried. The…

Lagos State commercial bus drivers under the aegis of the Joint Drivers Welfare Association of Nigeria (JDWAN) have threatened a seven-day mass protest over multiple extortions by the Parks and Garages Management of the Lagos State…