The naira fell to N818/$1 at the parallel market on Monday in Abuja and N815 in Lagos state as it continued to lose its value. Investigations revealed that the naira is currently under high...
Former Governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi, has stated that the apex bank has not scrapped the plans to introduce the N5000 note. The N5000 note was proposed in...
Under President Muhammadu Buhari’s administration, the naira has plunged to yet another all-time low, trading at 800 to the dollar at Aboki Forex, a secondary exchange site. According to reports on Saturday, the exchange...
The Central Bank of Nigeria is responsible for issuance of the legal tender currency, in line with its mandate as enshrined in section 2(b) of the CBN Act 2007. CBN approved an indent of...
A few days after the Governor of Central Bank, Godwin Emefiele, unveiled plans to redesign the Naira and begin circulation by December 15, 2022, the Finance Minister disagreed with the move. Vanguard report said...
The Lagos State Government says plans are underway to ban the sale of plastic bottled drinks exposed to the sunlight. The General Manager, Consumer Protection Agency (LASCOPA), Mr Afolabi Solebo made this known in an interview...
There is a new twist between Green lotto and one of its customers, Sunday Nwachukwu, who won the N72.7 million jackpot after playing one of its games. Green Lotto was dragged before the Lagos...
Today marks a special day for a business expert, the Managing Director and Chief. Executive Officer of, EUC Homes Nigeria Limited, Chief. Uche Ben. Odunzeh. The CEO of EUC Homes Nigeria Limited who clocks...
The Nigerian government has made a deal with South Korea. Business Insider reports that a spokesperson for the Nigeria National Petroleum Company Limited (NNPC) stated on Thursday, October 27, 2022, that the company had...
The world’s richest man arrived at Twitter’s San Francisco offices on Wednesday ahead of a Friday deadline to complete the acquisition of the social media service. Elon Musk claims that he is buying Twitter...