Business

The Department of State Services (DSS) says its officers have arrested an undisclosed number of persons involved in the sale of the new naira notes. The DSS, in a statement...

Many Nigerians heaved a sigh of relief after learning that the Central Bank of Nigeria (CBN) has extended the deadline for swapping old naira notes with the redesigned ones to...

The price of petrol has risen to N340 per litre in Dutse, the Jigawa capital. The situation has subjected the residents, especially motorists, to chaos and hardships. There were long...

President Muhammadu Buhari on Tuesday approved the constitution of a 14-man steering committee to enforce petroleum products supply and compliance with official prices, Daily Trust reports. This is coming as...

On Monday, some customers in Birnin Kebbi thronged banks to either deposit or receive money and expressed concern over limited access to new Naira notes. Checks on different banks in...

President Muhammadu Buhari is expected to inaugurate the $1.5 billion Lekki Deep Seaport, the 32-metric tons per hour Lagos Rice Mill and the Blue Rail Project, among others, today (Monday)...

The Association of Bureaux De Change Operators of Nigeria (ABCON) says the CBN’s naira redesign policy has fuelled the currency’s stability at the parallel market. ABCON president Aminu Gwadabe stated...

The Central Bank of Nigeria (CBN) has vowed to sanction commercial banks dispensing old naira notes ahead of the January 31 deadline. Godwin Emefiele, the CBN governor, stated this on...

The Nigeria Governors’ Forum (NGF) has set up a six-member committee to engage the Central Bank of Nigeria (CBN) to address anomalies in the country’s monetary management and financial system....

The International Labour Organisation (ILO) says global unemployment rate will rise by 5.8 percent in 2023. This is contained in a new ILO report, titled ‘World Employment and Social Outlook:...