Ekiti government offers 50% subsidy on hybrid seedlings for farmersNAF to holds 60th anniversary May 23Senator Ita Giwa, industry captains, others celebrate Chief Peter Ehi @ 50Establish council bill to manage the activities of manufacturers of herbal products— CEO Ruzu herbalA court sentenced a teacher to life imprisonment for raping a 7-year-old girl
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Category: Economy and Capital Markets
Council chief presents N3.7b budget
Chairman of Oriade Local Council Development Area, Ramotalai Akinlola-Hassan, has presented a N3.7 billion budget proposal. The N3,710,260,885.63k budget is termed Budget of Transformation. Council Chairman, Akinlola-Hassan, and others submitted…
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How to differentiate Fake New Naira notes from New Re-Designed Notes
Few days after release of New Naira, fake new 1,000 Naira notes in circulation Fake copies of the new N1,000 naira notes have been released into the economy a few…
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New naira: Shortages dampen excitement
The much-awaited rollout of the newly redesigned naira notes kicked off yesterday to a low start as several customers who thronged banking halls and other cash points were unable to…
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UPDATED: Suspend limits on cash withdrawal, Reps tell CBN
The House of Representatives on Thursday asked the on Thursday asked the Central Bank of Nigeria to suspend its latest policy which, among others, set limits to cash withdrawals at deposit money bank and…
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Nigeria risks food crisis in 2023, says IMF
The International Monetary Fund has said that Nigerians should brace up for higher food prices/ risks in 2023 due to recent floods and high fertilizer prices. According to the National…
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UBA, EcoBank, Access Bank, Others Adjust Closing Days & Time
Nigerian banks have announced modifications to their operating hours in order to assist Nigerians holding soon-to-expire Naira currencies. The banks have already announced that they have delivered notifications of their…
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Senate backs CBN on naira redesign
The proposed Naira redesign by the Central Bank of Nigeria has gotten the support of the senate. At plenary on Wednesday, November 16, the senate resolved to provide the legislative support…
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Dollar may exchange Naira for 200 – EFCC Chairman, Bawa Says
The Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has said the dollar might drop to ?200 after the redesigning of naira. Bawa stated this in an…
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Mele Kyari Says ??170/Litre Fuel Price Is Impossible
The Group Managing Director, Nigerian National Petroleum Company Limited (formerly Nigerian National Petroleum Corporation), Mele Kyari, has disclosed that NNPC cannot maintain a pump price of N170 per litre for…
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FX Crisis Traders lose as naira rebounds to 720/dollar
The value of the Naira to the US Dollar, has rebounded by 20.8 per cent to 720/dollar at the parallelmarket, findings by Webteam@ipledge2nigeria have shown. This comes two weeks after the…
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