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Business & Economy
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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Redesigned naira: Gov Buni appeals to CBN to extend January 31 deadline
Governor Mai Mala Buni of Yobe State has appealed to the Central Bank of Nigeria (CBN) to extend the January 31 deadline for the phasing out of the old notes.
The apex bank, which…
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New naira notes: CBN insists on January 31 deadline
The Central Bank of Nigeria (CBN) has maintained that there is no going back on the January 31 deadline for the transition from the old to the redesigned Naira notes.
This was made…
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AfCTA: Buhari calls for policies to enhance infrastructure, educated workforce
President Muhammadu Buhari has stressed the need for African governments to develop appropriate supporting policies, build requisite infrastructure and ensure an educated work force for…
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FG begins review of minimum wage
The federal government, through the National Salaries Incomes and Wages Commission (NSIWC) has commenced a process for the review of the National Minimum Wage.
This was disclosed in a…
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