Business

Governor Abiodun threatens to shut commercial banks rejecting old naira notes

The Ogun State Governor, Prince Dapo Abiodun, has threatened to shut down any commercial banks operating in the state that…

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Traditional ruler writes central bank over inability of community to access new naira notes

The traditional ruler of Ogunmakin community in Obafemi-Owode Local Government Area of Ogun State, Oba James Sodiya has written to…

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Dangote group of companies assures Nigerians of economic self-sufficiency

The Dangote Group of Companies on Thursday pledged to ensure Nigeria attains self-sufficiency in all the economic sectors where it…

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Naira Redesign: Nigerian government asks Supreme Court to dismiss states’ suit

The Nigerian Government has called on the Supreme Court to dismiss a suit challenging the 10 February deadline set by…

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Cash scarcity: Governor Abiodun engages Central Bank, Bankers Committee

The Ogun State Governor, Dapo Abiodun, on Monday paid an unscheduled visit to the Abeokuta branch of the Central Bank…

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Inspector General of Police orders arrest, prosecution of sellers of new naira note

The Inspector-General of Police, Usman Baba, has ordered the arrest and prosecution of persons selling or abusing naira notes, with…

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Dangote, Chinese company sign agreement on new cement plant in Ogun state

The Dangote Industries Limited (DIL) has signed an agreement with China Sinoma International Engineering to build a six million tons…

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Nigerian lawmakers approve Buhari’s request to borrow another N1 trillion from Central Bank

The House of Representatives on Tuesday approved the request by President Muhammadu Buhari to secure an additional N1 trillion loan…

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Influential Nigerians hoard N2.7 trillion in their private homes, says Central Bank Governor

The Governor of Central Bank of Nigeria (CBN) Godwin Emefiele has raised alarm that some influential Nigerians have over 85…

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Central bank of nigeria extends deadline for use of old naira notes

The Nigeria’s President Muhammadu Buhari has approved a 10-day extension of the deadline for the use of old naira notes…

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