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Tag: Naira scarcity

Two women identified as Adeoti Folake and Adewuyi Modupe have been arrested in Lagos by operatives of EFCC while hawking naira notes.

Business, News, Top Stories

Naira scarcity: CBN blames banks, PoS operators

The apex bank warned the banks and PoS involved in the alleged collusion to desist from it even as it…

Health, News

Continued Naira scarcity can lead to mental illness among Nigerians – Expert

“These stressors have put so much pressure on Nigerians, leading to anxiety and various forms of aggressive behaviours that are…
Gov. Abdullahi Ganduje reiterates plea for forgiveness from those he might have offended while governing Kano state in the past eight years.

News

Ganduje: Kano people suffering from ‘COVID-23’

Gov. Abdullahi Ganduje has said the effect of the currency redesign policy of the Central Bank of Nigeria, CBN and…
LASUTH-delivered conjoined twins die

Health

Health workers, patients groan as naira scarcity worsens in Lagos

many hospital owners had been challenged with operating with few staff, increasing overhead cost worsened by prolonged fuel scarcity and…
DSS finally drags Godwin Emefiele to court

2023 Elections, Opinion, Top Stories

Foolish CBN! Vote-buying made Easy

What the CBN didn't realise is that politicians have enough of this new notes at their disposal. Vote-buying will now…
Sanwo-Olu addressing newsmen in Lagos

Headlines, Metro

Naira crisis: Sanwo-Olu places security men on red alert to foil violence

Poor implementation of the Central Bank of Nigeria’s (CBN) Naira redesign policy is impoverishing the masses which had led to…
CBN

News

Naira crisis: Chartered Institute of Bankers of Nigeria issues statement

“Hence, where there is a security challenge, the Management of banks have been empowered to take proactive measures to close…
Gov. Sanwo-Olu seeks support for ”Greater Lagos Rising”

Metro

Naira scarcity: Sanwo-Olu appeals to Lagosians to shun violence

Violence spreads in several areas in Lagos on Friday due to the scarcity of the new naira notes. Areas such…
Police blow hot as protest rocks Lagos-Abeokuta Expressway

News

Police blow hot as protest rocks Lagos-Abeokuta Expressway

The Police Command in Ogun on Friday warned protesters against disrupting public peace on Lagos-Abeokuta Expressway.
LSPMA reveals those responsible for Mile-12 protest

News

LSPMA reveals those responsible for Mile-12 protest

The Mile-12 Branch of Lagos State Park Management Agency (LSPMA), has denied that its officials were involved in the early…
Again, protesters block Ore-Benin expressway

News

Massive protest erupts on Ore-Benin expressway

“Buhari said they should re-circulate the N200 old notes, how many people will this satisfy, in fact, there is no…
UBA

Metro

Naira war: Banks shut down in Benin

Security guards were manning the gates of banks while efforts to get an official response from some of the banks…
Naira scarcity: Violence spreads to Agege, other areas in Lagos

News

Naira scarcity: Violence spreads to Agege, other areas in Lagos

The unrest over the scarcity of naira notes has now spread to Agege, Ikorodu, and other parts of Lagos State.
James Cleverly, who had been foreign secretary in Prime Minister Rishi Sunak’s government appointed the new home secretary.

News, Top Stories, World News

Naira crisis: UK sends important message to citizens in Nigeria

The government added that the Central Bank of Nigeria (CBN) has directed the redesign and issue of new N200, N500…
Naira crunch: Nigerians beg banks to dispense N100, N50 bills

News

Naira crunch: Nigerians beg banks to dispense N100, N50 notes

As the effects of the current cash crunch bite harder, Nigerians have called on the Central Bank of Nigeria (CBN)…
Zulum

News

Naira scarcity: Gov. Zulum orders hospitals to give patients free drugs

“We feel pained seeing patients unable to pay for diagnoses or buy drugs,” he said.
Inside Buhari's cattle farm

News, Top Stories

Buhari blames bank officials, refuses to return old N500, N1000 notes into circulation

President Muhammadu Buhari has directed that the old N200 naira notes be released back into circulation for sixty days.
Police blow hot as protest rocks Lagos-Abeokuta Expressway

Headlines, News

Naira Notes: 2 shot dead as protests rock Ibadan, Warri and Benin

Commuters are stranded as protesters block the ever-busy Lagos-Ibadan expressway.
Outgoing NLC President Ayuba Wabba, urges government to finds solutions to scarcity of naira notes and petrol across the country.

News

Wabba: Nigerians pushed to the wall, anything can happen

Wabba spoke on Tuesday in Abuja at the congress’s 13th Quadrennial National Delegates Conference lamented that people are queuing to…
Riot in Abeokuta, Ogun State

Metro, Top Stories

Massive riot in Abeokuta over Naira scarcity, First Bank, others attacked (Videos)

In one of the videos cited on social media, a stray bullet hit a youth in the hand, as he…
Inside Buhari's cattle farm

News

Naira scarcity: Educationists send message to Buhari govt., school owners

Samuel Kadiri, has appealed to President Muhammadu Buhari-led government to provide a solution to the scarcity of money
The presidential campaign council of Labour Party says its candidate, Peter Obi, was attacked two times during his campaign in Katsina State

Headlines, News

Cash Crunch: ‘Bear with CBN’, Peter Obi urges Nigerians

According to the former governor of Anambra state, currency redesign, which caused the scarcity of Naira, is not new to…
Naira fluctuations have prompted businesses to adapt, says Bunmi Adeleye of Retail Supermarkets Nig. Ltd, owners of Shoprite Nigeria.

Business

Naira scarcity may lead to 25% drop in sale of goods – Manufacturers

“It is baffling to approach a bank only to be told that there is neither the old nor the new…
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