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Business & Economy
Nigerians buy one million air conditioners annually, says UN
THE United Nations has said that Nigerians purchase about one million air conditioners every year.
The United Nations Environment Programme which announced this said that this was…
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Federal Govt unveils enhanced E-passport, production centre, front office in Ilesa
With the release of the enhanced Nigerian e-Passport and the opening of the new Passport Production Center and the new Passport Front Office in Ilesa, Osun State, the federal government…
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Breaking: Cash difficulty: NLC, TUC extend strike ultimatum by two weeks
The leadership of the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) have decided to extend their strike ultimatum that they had previously issued to the federal…
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President Buhari begins first oil drilling in Nasarawa
On Tuesday, President Muhammadu Buhari officially opened the Ebenyi-A Exploration Well in the Nasarawa State local government of Obi, which is situated in the Middle Benue Trough.…
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NIMASA, NCC collaborate on regulating submarine cables
The Nigerian Communications Commission (NCC) and the Nigerian Maritime Administration and Safety Agency (NIMASA) have decided to collaborate closely on the creation of a regulatory…
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Naira redesign: CBN only recoloured old banknotes – El-Rufai
Governor Nasir El-Rufai of Kaduna State has again faulted the naira redesign policy of the Central Bank of Nigeria (CBN).
According to him, what the apex bank did regarding the naira…
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CBN denies asking banks to collect old N500, N1,000 notes
The Central Bank of Nigeria (CBN) has debunked reports that it directed commercial banks to accept old N500 and N1,000.
It was earlier reported that the apex bank gave a directive to…
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CBN makes u-turn, gives fresh order on old N500, N1,000 notes
The Central Bank of Nigeria (CBN) has reversed its initial order barring commercial banks from accepting old N500 and N1,000 notes from customers.
The apex bank in a new directive to…
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EFCC arrests syndicate of currency racketeers in Abuja
Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested members of a syndicate of currency racketeers hoarding and trading in the redesigned naira notes in…
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Old naira notes: Atiku asks CBN to extend deadline
The presidential candidate of the People’s Democratic Party (PDP), Atiku Abubakar, has called on the Central Bank of Nigeria (CBN) to extend its January 31 deadline for the swap of old…
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