Business

Ayodele Olalere The National Youth Council of Nigeria (NYCN), Lagos State chapter, on Monday, condemned the lingering cash shortage experienced by Nigerians and called on the Central Bank of Nigeria (CBN) to disburse more new notes to…

The International Monetary Fund (IMF) has called for the extension of the February 10, 2023, deadline for cash swap. The International monetary body made the call few minutes after the Supreme Court restrained the Federal Government and…

The Supreme Court has restrained the Federal Government from continuing with the full implementation of the demonitization policy.Three States, namely, Kaduna, Kogi and Zamfara, had in an ex-parte motion filed on February 3rd, prayed the…

Zenith Bank branches in the Lekki/Ajah axis of Lagos hurriedly closed shop on Monday following unconfirmed attacks on two of the branches.  Irate bank customers angered by the frustrations of both the nonavailability of the new…

Governor of the Central Bank of Nigeria (CBN). Mr. Godwiun Emefiele has assured federal lawmakers in the House of Representatives that banks would continue to accept the old Naira notes even after the deadline for swapping with the…

The Presidential Campaign Council of the All Progressives Congress (PCC APC) has commended the Central Bank of Nigeria (CBN) over the extension of deadline for new Naira notes swap. Recall that the apex bank, on Sunday, announced that…

Nigeria’s embattled Central Bank Governor, Mr. Godwin Emefiele, quietly returned to the country on Wednesday, sources in the apex bank and the presidency revealed, PremiumTimes reports. PremiumTimes recalled that Mr. Emefiele has been…

President Muhammadu Buhari’s administration may be leave behind a debt stock of over N77 trillion for the incoming Administration from the current debt of N44.06 trillion as at Third Quarter of last year. While the ways and means is…

President Muhammadu Buhari has asked the House of Representatives to approve N819.5 billion supplementary budget for 2022. In a letter read by Speaker Femi Gbajabiamila on Wednesday, President Buhari said the budget will be financed with…

The accusation of the Economic and Financial Crime Commission (EFCC), last August, against the Kogi Government top officials of diverting the sum of N20 billion bailout loan channeled through Sterling Bank and fixing same with the bank…