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Reps ask CBN to suspend new cash policy, summon Emefiele
THE House of Representatives has asked the Governor of Central Bank of Nigeria, Godwin Emefiele, to suspend implementation of the ...Resolve fuel scarcity in 48 hours DSS tells petroleum company
The Department of State Services has given Nigerian National Petroleum Company Limited and other stakeholders in the downstream sector 48 ...Senate raises concerns over CBN’s cash withdrawal policy
Senators have expressed reservations over the new policy of the Central Bank of Nigeria on cash withdrawals. The CBN, under ...Nigeria may lose $23bn to oil theft in 2023, says security adviser
The National Security Adviser to the President, Maj-Gen Babagana Monguno has said the federal government may lose $23 billion in ...CBN limits cash withdrawals to N100K, N200 now highest ATM denomination
The Central Bank of Nigeria has ordered Deposit Money Banks and other financial institutions to ensure that weekly over-the-counter cash ...Naira redesign may be declared illegal if challenged in court – Falana
Human rights lawyer, Femi Falana, has said the redesign of the naira may be illegal if President Muhammadu Buhari did ...Bear with us on fare hike, we can’t afford to fold up, NRC begs passengers
The Nigeria Railway Corporation has said the increased cost of diesel and other logistics will be a significant determinant in ...Create your own economy, Femi Adesina replies critics of new naira notes
The Special Adviser to President Muhammadu Buhari on Media and Publicity, Femi Adesina, has criticised those condemning the newly redesigned ...FG releases details of derivation refund — Akwa Ibom got N128bn, Bayelsa received N92bn…
The presidency has said nine oil-producing states received a total of N625.43 billion as 13 percent oil derivation, subsidy and ...Dollar demand shrinks as Naira strengthens to N740/$ at parallel market
The naira appreciated further against the dollar at the parallel market to trade at N740 per dollar on Friday. The ...
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