The currency in circulation (CIC) has increased by 7.4% in the first five months of 2023, the Central Bank of Nigeria (CBN) has revealed. In a...
The Chief Executive Officer of MTN Nigeria, Karl Toriola, said the telecommunications company bore the brunt of the side effect of the Naira redesign policy of...
The operation of Nigerian Breweries was negatively impacted by the Naira redesign policy of the Central Bank of Nigeria (CBN) in the first quarter (Q1) of...
Fitch Solutions, the research arm of credit rating agency, Fitch ratings, has predicted that Nigeria’s economy will grow by only 2.3 percent this year, down from...
The Nigeria Interbank Settlement System (NIBSS) has revealed that the value of e-payment transactions rose to N135.52 trillion in the first quarter of 2023. This represents...
Hello, and welcome to the Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to...
These top 10 stories across the nation’s newspapers might interest you. 1. Sylva wins APC governorship ticket in Bayelsa The former Minister of State for Petroleum...
The Nigerian Labour Congress (NLC) has declared a nationwide strike next Wednesday over the lingering Naira scarcity in the country. The NLC President, Joe Ajaero, who...
As Nigerians battle with Naira scarcity, the Central Bank of Nigeria (CBN) continues to mop up currency in circulation, leaving the economy with N982.09 billion, according...
Nigerians who believed that cash crunch had ended following the directive from the Central Bank of Nigeria (CBN) remained disappointed on Tuesday and the morning of...
Nigerian banks have started paying customers with old naira notes over the counter and via Automatic Teller Machines (ATM) prompting a sense of relief among many...
These top 10 stories across the nation’s newspapers might interest you. 1. I’m challenging INEC’s declaration of Tinubu’s as president-elect – Obi The Labour Party candidate,...
The Nigeria Labour Congress (NLC) on Monday gave the Federal Government a seven-day ultimatum to address the current naira scarcity in the country. The NLC President,...
Ten commercial banks in Nigeria have lost N87.4 billion in market value within a week of trading activities (March 2nd, 2023 to March 10th, 2023) on...
Ondo State Governor, Rotimi Akeredolu, has described rejection of old naira notes by Nigerians as a “flagrant disobedience to law,” and has urged people in the...
The Stanbic IBTC has revealed how the scarcity of naira notes arising from the currency redesign by the Central Bank of Nigeria (CBN) crippled activities in...
Ondo State Governor, Rotimi Akeredolu has alleged that the naira redesign policy was a plot to scuttle the presidential elections holding on Saturday. He continued by...
The Economic Community of West Africa (ECOWAS) Observer Mission to Nigeria for the 2023 general elections has expressed concerns over the lingering economic crisis in the...
The Ogun State government has vowed to ensure that persons involved in the destruction of banks across the state are prosecuted. Dapo Abiodun, the state governor,...
The Kaduna State government will roll out free transportation, medical care and other palliatives to cushion the effects of the naira scarcity in the state. Muyiwa...
The Ogun state government has accused the Peoples Democratic Party (PDP) of being responsible for the violence that broke out in Sagamu amid naira crisis across...
The ancient city of Sagamu in Ogun State is currently boiling after a riot broke out on Monday morning following the inability of residents to gain...
Against the backdrop of scarcity of the naira notes due to the recent redesign and cash swap policy of the Central Bank of Nigeria (CBN), the...
These top 10 stories across the nation’s newspapers might interest you. 1. PDP campaign accuses El-Rufai of inciting Nigerians against FG The Spokesman for Atiku/Okowa Campaign...
The Nigeria Police Force on Friday warned that anyone caught attacking banks during the ongoing protest against naira scarcity would be treated as an armed robber....
The Lagos State government has urged the people of the state to shun violence as protests over the scarcity of naira notes spread on Friday. Several...
The ongoing unrest over the scarcity of new Naira notes has spread to the Epe axis of Lagos State. A video circulated online depicted residents in...
These top 10 stories across the nation’s newspapers might interest you. 1. Naira scarcity planned in 2022, designed to foist interim govt on Nigeria – El-Rufai...
The Kaduna State Governor, Nasir El-Rufai, on Thursday alleged that the current naira and fuel scarcity was a plot by some individuals to foist an interim...
Nigerians have had to go through a lot of stress in their bid to redeem their old N500 and N1000 notes as directed by the Central...
The Kwara State Governor, Abdulrahman Abdulrasaq, has suspended his governorship campaign activities over the naira scarcity in the country. Abdulrasaq, who announced the suspension of the...
The former Senate President, Bukola Saraki, on Wednesday urged Nigerians protesting the naira and fuel scarcity to remain calm. People of Kwara State on Wednesday took...
At least three people were feared dead and several others injured in protests over the scarcity of the new naira notes in Benin City, Edo State,...
The scarcity of fuel and cash emanating from the recent naira redesign policy of the Central Bank of Nigeria (CBN) has resulted in volatile situation in...
Speaker of the House of Representatives, Femi Gbajabiamila, has described the ongoing cash crunch and scarcity of petrol as a carefully contrived plot to sabotage the...
The pan-Yoruba socio-political organisation, Afenifere, has alleged that the current scarcity of fuel and new Naira notes was a plot by some individuals to disrupt this...
These top 10 stories across the nation’s newspapers might interest you. 1. Supreme Court fumes, warns against ‘unwarranted’ attacks on judiciary The Supreme Court on Saturday...
Femi Fani-Kayode, a former Minister of Aviation, has described the sufferings occasioned by scarcity of new notes and fuel as a calculated attempt to stop All...
President Muhammadu Buhari has failed to live up to his promise to end the naira shortage crisis within seven days. Ripples Nigeria reported that on February...
Pastor Peters Omoragbon, a former governorship candidate of the National Conscience Party (NCP) in Edo State has called for the immediate sack of the Central Bank...
Kwara State Governor, AbdulRahman AbdulRazaq, has approved various palliative packages for different vulnerable groups in the state aimed at cushioning the effects of the biting fuel...
The Trade Union Congress (TUC) has threatened to take legal action against the Federal Government following the chaos resulting from the Central Bank of Nigeria’s (CBN)...
The Central Bank of Nigeria (CBN) on Thursday blamed Nigerians for the scarcity of the naira notes in the country. The Director of Consumer Protection, Rashidat...
Spokesman for the Northern Elders Forum (NEF), Hakeem Baba-Ahmed, has warned the Nigerian government against pushing vulnerable Nigerians into war, in light of the attendant consequences...
In light of the protests springing up in different parts of the country as a result of fuel and cash scarcity emanating from naira redesign policy,...
The ruling All Progressives Congress (APC) and the major opposition Peoples Democratic Party (PDP) have been engaged in a war of words over the prolonged scarcity...
These top 10 stories across the nation’s newspapers might interest you. 1. NAIRA CRISIS: Buhari, Emefiele, governors, EFCC boss meet President Muhammadu Buhari on Tuesday held...
The National Association of Nigerian Students (NANS) on Tuesday threatened to embark on a nationwide protest over the government’s failure to address the increase in petrol...
Zenith Bank Plc has shut down some of its branches in the Federal Capital Territory (FCT) and other states following attacks from customers over their inability...
The Chairman of the Independent National Electoral Commission (INEC), Prof. Mahmood Yakubu, on Tuesday met with the Governor of the Central Bank of Nigeria (CBN), Godwin...
