In a recent national broadcast, Nigerian President Muhammadu Buhari announced that the country has successfully retrieved N2.1 trillion from banknotes previously held outside the banking sector....
The President explained that the old notes have been phased out to strengthen the economy, enhance security, and block leakages associated with illicit financial flows.
A new monetary policy introduced by the Central Bank of Nigeria (CBN) has sparked violent protests in several states, including Edo, Delta, and Oyo.
The Lagos State Government, led by Governor Babajide Sanwo-Olu, has issued a stern warning to anyone rejecting old naira notes as legal tender. The government has...
In a bid to avoid disobeying a Supreme Court order, Nigerian President Muhammadu Buhari is considering extending the validity of old naira notes by 60 days....
The list reveals new entrants such as Johann Rupert and Family and Nicky Oppenheimer and Family, who hold the second and third positions with $10.7 billion...
Inflation in Nigeria has continued to rise in January 2023, with a new 17-year high of 21.82 per cent, according to the National Bureau of Statistics....
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has vowed to arrest and jail any Point of Sale (PoS) agent charging customers above...
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has stated that there is no need to shift the February 10, 2023 deadline for...
Ford Motor Company has announced that it will cut 3,800 jobs in Europe over the next three years in a bid to streamline its operations and...