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The Central Bank of Nigeria (CBN) has said it duly sought and got the permission of President Muhammadu Buhari to redesign the N200, N500 and N1000 naira notes.

CBN to Finance Minister Ahmed: Buhari approved redesign of naira notes

Ayorinde Oluokun

3 years ago

Godwin Emefiele, the Governor of Central Bank of Nigeria had at a press conference on Wednesday announced the plan to…

Lottery Commission exempts licensed online gaming operators from FIRS direct tax collection

Isa Isawade

3 years ago

The FIRS notice stated that it was, however, not mandatory for online gaming operators offering online gaming services from outside…
Survey by National Bureau of Statistics (NBS) indicate rise in prices of selected food items across Nigeria in November 2023

NBS lists states with the highest increase in food items prices

Isa Isawade

3 years ago

The report showed that the highest average price of rice (local, sold loose) was recorded in Rivers at N621.61, while…
Contrary to recent reports, the Nigerian government on Friday insists it has not suspended plans to remove petroleum subsidy by June, 2023

CBN did not consult me on plan to redesign naira – Finance Minister

Ayorinde Oluokun

3 years ago

Mrs Usman said she was not consulted before CBN announced the decision to introduce the new naira notes.

Stakeholders must embrace diversification policy to grow economy – Akande

Kazeem Ugbodaga

3 years ago

She said the state government has continued to undertake initiatives to overcome economic challenges occasioned by local and global factors.
Naira

Dollar knocks down Naira again at investors, exporters window

Kazeem Ugbodaga

3 years ago

An exchange rate of N447 to the dollar was the highest rate recorded within the day’s trading before it settled…
Titan Trust Bank

Union Bank shares: Titan Trust N7 per share MTO excites minority shareholders

Kazeem Ugbodaga

3 years ago

Recall that TTB, in pursuit of an expansionary course with the objective of building a stronger brand capable of taking…
Nigerian employees of Addax Petroleum Development resume suspended strike over alleged anti-labour practices by the company

Addax workers resume strike, deplete Nigeria’s oil production

Ayorinde Oluokun

3 years ago

The workers alleged that the Nigerian National Petroleum Company Ltd. (NNPC) and Addax management had refused to address issues that…
Twitter imposes restriction on number of tweets to read per day

Musk or Not, Twitter must comply with EU rules – Official

Nimot Sulaimon

3 years ago

Companies will be required to filter their platforms for harmful content such as disinformation, as well as implement measures to…
Ecobank Group opens 2022 Fintech Challenge with $50,000 for grabs

Ecobank Group opens 2022 Fintech Challenge with $50,000 for grabs

Michael Adesina

3 years ago

Ecobank Group, has launched the fifth edition of the Ecobank Fintech Challenge and encourages African Fintech entrepreneurs to enter the…

PropTech Hub Africa makes International debut at GITEX

Kazeem Ugbodaga

3 years ago

In his conversation with both leaders who are keen on technology innovations within the Proptech industry, he emphasized the need…
Emefiele: Ex-CBN director confirms receiving $2.5m as gift from $6.2m election money

Why CBN is redesigning Naira notes – Emefiele

Kazeem Ugbodaga

3 years ago

Emefiele said this while announcing plans by the apex bank to put redesigned N200, N500 and N1,000 denominations in circulation…
Wema Bank

Agusto upgrades Wema Bank funding SPV Series II Bond to ‘Bbb+’, with a Stable Outlook

Kazeem Ugbodaga

3 years ago

Agusto in its latest rating assessment released on Tuesday said it upgraded the rating of Wema Bank Funding SPV Plc’s…
B2B e-Commerce

Why NITDA should consider partnering with B2B e-commerce companies 

Kazeem Ugbodaga

3 years ago

Director General of NITDA, Mallam Kashifu Inuwa Abdullahi at the graduation ceremony, said the programme was aimed at bridging the…
Emefiele: EFCC vows to appeal N100m fine

CBN to redesign three Naira notes before December

Nimot Sulaimon

3 years ago

Emefiele said that the action was taken in order to take control of the currency in circulation.
Chinese Yuan and US Dollars

Chinese Yuan strengthens against Dollar

Nimot Sulaimon

3 years ago

In China’s spot foreign exchange market, the Yuan is allowed to rise or fall by two per cent from the…
NPA boss, Mohammed Bello-Koko

‘Why shipping companies are avoiding eastern ports’

Ayorinde Oluokun

3 years ago

Koko, however, said everything was being done by NPA to make the ports in the eastern corridor, including Calabar, Port…
Dangote Refinery

How Dangote Refinery will help Ghana – Abdul-Hamid

Ademola Adegbamigbe

3 years ago

Chief Executive Officer, of the National Petroleum Authority (NPA) of Ghana, Mustapha Abdul-Hamid, said the coming onstream of 650,000 barrels-per-day…
NUBIFIE warns new owners of Polaris Bank to guarantee job security of the existing staff to ensure industrial peace and harmony

Union warns new owners of Polaris Bank against staff retrenchment

Ayorinde Oluokun

3 years ago

The Central Bank of Nigeria and the Asset Management Company of Nigeria had on Oct. 20 announced the sale of…

Buhari unveils Pinnacle Oil’s sub-sea pipeline, tanks today in Lekki

Ademola Adegbamigbe

3 years ago

President Muhammadu Buhari is expected in Ibeju Lekki, Lagos State today. He is to perform the groundbreaking and unveiling of…
he Central Bank of Nigeria (CBN), has unveiled activities to mark the first anniversary of its digital currency, the eNaira.

CBN marks 1st anniversary of eNaira

Ayorinde Oluokun

3 years ago

The eNaira, which is Africa’s first Central Bank Digital Currency (CBDC), was formally inaugurated by President Muhammadu Buhari on Oct.…
Adewale Opaleye

How we are complementing efforts of NITDA on digital training – Alerzo Group CEO

Kazeem Ugbodaga

3 years ago

He said the digital training will not only equip them to conduct online trade but provide them with the skills…
Chinese Yuan and US Dollars

Chinese Yuan strengthens against dollar

Nimot Sulaimon

3 years ago

The central parity rate of the yuan against the dollar is based on a weighted average of prices offered by…

AfDB, FCMB sign $50m Line of Credit Agreement to bolster access to finance for SMEs, Women

Ademola Adegbamigbe

3 years ago

The African Development Bank has signed a $50 million Line of Credit Agreement with Nigeria's First City Monument Bank (FCMB)…

Consumer rights: Lagos to stop companies’ no-refund policy

Isa Isawade

3 years ago

According to him, the era of a no-refund policy on consumer goods which prevents the return of counterfeit or unsatisfactory…
Roberta Oyedokun

How Moppet Foods is tackling Nigerian children’s malnutrition

Michael Adesina

3 years ago

Moppet is made with 100% clean and natural ingredients from local farmers with adequate nutrients needed for babies to grow…
Internet Computer Price (IPC)

How to Invest in Internet Computer Price (IPC)

PM NEWS Live

3 years ago

IPC, short for Internet Computer Price, is a type of investment that includes purchasing a certain amount of IPC tokens…
Chinese Yuan and US Dollars

Chinese Yuan weakens against dollar

Nimot Sulaimon

3 years ago

In China’s spot foreign exchange market, the Yuan is allowed to rise or fall by two percent from the central…
Group Chief Executive Officer (GCEO) NNPC Ltd, Malam Mele Kyari

Oil theft significantly reduced, NNPC’s Kyari says

Ayorinde Oluokun

3 years ago

By Emmanuella Anokam The Nigerian National Petroleum Company Limited (NNPC Ltd) has said cooperation with Nigerian security has significantly reduced…
Sunday

Court lifts restriction order on Petralon coy accounts

Ayorinde Oluokun

3 years ago

Petralon 54, prayed the court to lift the order banning operation of its account, arguing that the defendants, particularly Eurafric Energy…
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