Custodians of Truth
Since the new notes were not easily accessible, the House of Representatives yesterday requested that the Central Bank of Nigeria, CBN, extend the deadline for usage of the old naira notes by at least six months. The House’s ad hoc […]
The rate at which young Nigerians are moving to developed nations in North America and Europe has been compared by Mrs. Ibukun Awosika, a former chairman of First Bank of Nigeria, to a total export of Nigerian resources that will […]
In order to establish strategic stock for Premium Motor Spirit, more commonly known as gasoline, in important areas across the nation, the Federal Government is now holding meetings with operators in the midstream and downstream oil sectors. It stated that […]
Mobile money/Point of Sale agents in Abuja and Lagos are not included in the Central Bank of Nigeria’s recently introduced cash swap program. The change occurred as the January 31 deadline for the phase-out of the old N1,000, N500, and […]
In order to phase out the old naira notes, the Central Bank of Nigeria has announced that starting on Monday, currency exchange will begin in rural regions. This information was made available by the CBN in a circular addressed to […]
The Central Bank of Nigeria’s proposal to redesign the naira prompted the depreciation of the country’s currency, according to the Nigerian Economic Summit Group, which also claimed that inflation reduced the value of the currency by 14.9%. This was revealed […]
It was a match for the ages as the football world witnessed the showdown of two of the greatest players in the history of the sport, Cristiano Ronaldo and Lionel Messi, in the Al All-Star vs PSG match in Saudi […]
Local investors now have faith in the Nigerian capital market, according to the Association of Securities Dealing Houses of Nigeria. Sam Onukwe, the chairman of the Association of Securities Dealing Houses of Nigeria, noted that while foreign investors had departed […]
As the time to phase out the notes approaches, Mr. Kofo Salam-Alada, the director of the Central Bank of Nigeria’s Legal Services Department, has declared that the organization will be severe on banks that continue to load their ATMs with […]
According to information from the Federal Airports Authority of Nigeria, the Nnamdi Azikiwe International Airports in Abuja helped move 25.96 million passengers between January 2016 and December 2022. Statistics revealed that during the course of seven years, 12,931,396 domestic passengers […]