Category: Business

Naira swap: Tales of woe as gunmen rob, shoot PoS operator, three others in Bauchi

  The fall out of the currency swap among citizens has continued unabated as four persons, including a point-of-sales (PoS) operator, have been hospitalised with...

Emefiele makes U- Turn says banks will accept old notes after February 10

  The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has confirmed that Nigerians who could not deposit their old Naira notes before the...

Naira re-design: Lagos assembly commends NASS

  – Says Nigerians are suffering, economy in danger The Naira redesign policy of the Central Bank of Nigeria (CBN) has brought mass suffering on the citizens...

What do we do with our old Naira notes asks Nigerians in the Diaspora

    Nigerians in the Diaspora have expressed concern about what to do with old naira notes in their possession. Colin Udoh, a Nigerian who according to his...

We’re not seeking fresh N100bn loan – Delta Govt clarifies

Delta Government on Monday said contrary to the misinformation being peddled by the opposition All Progressives Congress (APC) in the state, it was not seeking fresh...

Consumers petition minister over IKEDC threat to withdraw pre-paid meters

A group of entrepreneurs and customers of Ikeja Electric Plc. in Lagos State, weekend, sent an S.O.S to the Minister for Power, Aliyu Abubakar,accusing the electricity...

INNOSON sued over substandard vehicles

  A firm named Petronella (Nig) Limited has sued INNOSON Vehicle Manufacturing Company owned by Mr Innocent Chukwuma to the Federal Competition and Consumer...

No double taxation or new tax in Kwara – KW-IRS

  • Says agency not stopping schools from registering students for WAEC, others   The Management of Kwara State Internal Revenue Service (KW-IRS) is dismayed...

N900 billion still in people’s hand – Emefiele

  The Central Bank of Nigeria (CBN) has said that out of about N2.8trn in circulation it has recovered N1.9trillion while N900bn is yet to be collected. CBN...

New note:CBN bows to pressure extends to February 10

  In what looks like bowing to pressure from the political class, the Central Bank of Nigeria (CBN) on Sunday announced a 10-day extension of of the deadline for...