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FG, states, LGAs shared N750 billon in January – FAAC
The Federation Account Allocation Committee has said it shared N750.174 billion among the three tiers of government in January 2023. ...External reserves fall by $427m in one month – CBN
Figures obtained from the Central Bank of Nigeria on Monday revealed that the country’s external reserves fell by $427.14m in ...We have 1.8 billion litres of fuel for February, March – NNPC
The Nigerian National Petroleum Company Limited has said it has put in place a “robust” plan for the supply of ...Naira Scarcity: I’m Suffering, My Family Can’t Cook, says Orji Kalu
Senator Orji Uzor Kalu has said the cash crunch caused by the naira redesign policy of the Central Bank of ...Allow old, new naira notes co-exist, it’ll be a good parting gift, Akeredolu tells Buhari
Ondo Governor, Rotimi Akeredolu, has asked President Muhammadu Buhari to allow the old and new naira notes to co-exist. Recall ...Jumoke Akande picks chief marketing officer role at Avanti Communications
A communication leader, Jumoke Akande, has joined Avanti Communications (“Avanti”) as Chief Marketing Officer. According to a statement, based in ...Confusion! CBN denies directing banks to collect old N500, N1, 000 notes
The Central Bank of Nigeria has denied reports making the rounds that it has authorised deposit money banks to collect ...JUST IN: CBN directs banks to collect old N500, N1,000 notes
The Central Bank of Nigeria has directed banks to collect the old N500 and N1,000 notes from members of the ...Naira shortage may trigger increased demand for foreign currencies – Fitch
A global credit ratings agency, Fitch Ratings, has said the cash shortage in Nigeria may reduce consumer spending and boost demand ...Buhari’s directive on naira note is disregard for rule of law – El-Rufai
Kaduna State Governor, Nasir El-Rufai, has faulted President Muhammadu Buhari’s directive limiting the legal tender status of old notes to ...
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