Category: business news

Old Naira Notes Remain Legal Tender —Jigawa Government

The Jigawa State Government has said the old naira notes remain legal tender in the state pending the judgement of the Supreme Court. Ibrahim Mamsa, the state Commissioner for Information,…

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Shortage Of Printing Materials Not Cause Of Cash Scarcity, Says CBN

The Central Bank of Nigeria (CBN) has denied claims that the scarcity of the newly redesigned Naira notes is caused by a shortage of printing materials. Some news outlets had previously…

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Supreme Court Halts FG’s Plan to Implement Old Naira Deadline

The Supreme Court has issued an order of interim injunction restraining the Federal Government and the Central Bank of Nigeria (CBN) from enforcing the  February 10 deadline for the phasing out of…

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Naira Scarcity: Food Prices Crash In Kano, Katsina, Jigawa

The Naira swap coupled with the scarcity of the new notes is leading to a fall in foodstuffs across some Northern states. Reports from some village markets in Kano, Jigawa…

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Delta, Ekiti Residents Protest Fuel, New Naira Notes Scarcity

Residents of Ekiti and Delta on Wednesday took to the streets to protest the fuel and naira scarcity that has caused hardship for many Nigerians in recent weeks. Students of…

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Emefiele replies Kano State Governor, says he doesn’t understand connection between cash swap and security issue

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said that he does not understand the connection between the apex bank’s cash swap policy and the security…

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We create pioneer reinvent businesses-MD Eventful

Fisayo Beecroft is the Managing Director of Eventful limited a leading event consulting company in Nigeria founded in 2002 to serve the needs of corporate and individual clients. In the…

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Widespread relief as 2023 market rebound continues for Bitcoin, ETH, others

The recent bullish trend continued on the crypto currency market with Bitcoin, Ethereum, and Solana all posting impressive price surges for the third consecutive week. Within the last week, Bitcoin…

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AfCFTA Will Increase Nigeria’s Export To African Countries By 15% – Buhari

President Muhammadu Buhari has said that the implementation of the Africa Continental Free Trade Agreement (AfCFTA) will significantly increase the exports of Nigeria to other countries in Africa by 15…

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Buhari okays N1.9tr for NNPC to reconstruct 44 federal roads

The Nigerian National Petroleum Corporation Limited (NNPCL) is to invest N1.9 trillion in the reconstruction of 44 federal roads, the Federal Executive Council (FEC) gave the approval yesterday. The Council…

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