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28 Oct
On Wednesday, October 26, 2022, Nigeria's apex bank, the Central Bank of Nigeria (CBN), announced that it will redesign some new naira notes.
8 Dec 2021
The planned nationwide broadband deployment is being threatened by the slow takeoff of the licenced Infrastructure Companies (InfraCos), despite a longer tenor and cheaper licence costs...
15 Feb 2020
Penultimate Thursday, the Senate embarked on a fresh attempt to review the 1999 Constitution with the composition of a 56-member committee by the President of the Senate, Ahmad Lawan.
10 Nov 2019
The Abuja Zonal Office of the Economic and Financial Crimes Commission (EFCC) has arrested two suspected currency forgers.
28 Jun 2019
The Central Bank of Nigeria (CBN) has said that the replacement of burnt or damaged currency notes is not automatic. The CBN, at a two-day public sensitisation forum in Umuahia, Abia State, advised those in possession of such notes to take them to the CBN branch near them for inspection and replacement, if approved. The…
1 Jun 2019
Guardian Woman celebrates Mrs Priscilla Ekwueme Eleje, the first woman to append her signature on Nigeria’s banknotes, as she is appointed the Director of Currency and Operations of the Central Bank of Nigeria
29 Sep 2018
Sri Lanka announced a raft of restrictions Saturday in a bid to slow down imports of cars and luxury goods as the country faces a foreign exchange shortage. The finance ministry banned the import of vehicles for all state institutions for one year and said public servants will not be allowed to import cars at…
18 Aug 2018
Uncertainty reigned in Venezuela on Saturday after President Nicolas Maduro unveiled a major economic reform plan aimed at halting the spiraling hyperinflation that has thrown the oil-rich, cash-poor South American country into chaos. Ahead of a major currency overhaul on Monday, when Caracas will start issuing new banknotes after slashing five zeroes off the crippled…
16 Apr 2018
After issuing several warnings, the police and officials of the Central Bank of Nigeria (CBN) have swooped on alleged vendors and abusers of the naira notes in Ogun State. Over N1 million notes were seized from the illegal vendors.   According to the Ogun State police spokesman, Abimbola Oyeyemi, an Assistant Superintendent of Police (ASP),…
21 Dec 2017
The International Monetary Fund (IMF) has said investors still express concerns on how to repatriate funds out of Nigeria, due to currency controls introduced last year. Besides the IMF also submitted that government must roll that would help reduce the rate of inflation in the country to reposition the economy on a steady growth trajectory…
9 Dec 2017
Fuji music lovers and crooners in Ibadan, Oyo State, were recently treated to live fuji concert vibes tagged: ‘Best Fuji Blast 2017’. The event, was powered by Tanamont Nigeria Limited, makers of quality dry gin including Best London Dry Gin, Best Cream, Best Whisky, Cruz, Voldka, Best Inferno and Magnum. Packaged by foremost showbiz outfit,…
30 May 2016
What is now called the European Union (EU) was initially known as European Economic Community, which was dreamt and designed purely to be what the name suggests.

Latest

3 hours ago
Senator Bola Tinubu's presidential spokesman, Dr Josef Onoh has described the prevailing Naira scarcity in the country as a policy solely trumped up by the governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, from an aggrieved concept to derail the political process after he failed to achieve a presidential aspiration. Onoh said that…
3 hours ago
A "generational" Arctic blast brought dangerously cold temperatures to swaths of the northeastern United States and Canada on Saturday
4 hours ago
President Muhammadu Buhari says Bola Tinubu, Presidential candidate of All Progressives Congress (APC) in the forthcoming election, loves Nigeria and the electorates should vote for him as the next president.
4 hours ago
Arsenal fell to just a second Premier League defeat of the season as James Tarkowski's header gave Everton the perfect start under new manager Sean Dyche in a 1-0 win at Goodison Park on Saturday.
5 hours ago
President Muhammadu Buhari has conferred the title of Ambassador-in Situ to one hundred and fifteen foreign officers for their contributions to the nation’s development and economy.