Wednesday, 7th June 2023

Naira swap

12 Mar
It was Lord Acton, a Professor of History in Cambridge in a letter he sent to his bishop on April 5, 1887 who said “Power corrupts, absolute power corrupts absolutely.”
8 Mar
President of Nigeria Labour Congress (NLC), Comrade Joe Ajaero, has described the ongoing naira swap as a class struggle, which shouldn’t have involved poor masses struggling to survive under the yoke of a N30, 000 minimum wage.
21 Feb
Some traders in Kaduna markets and metropolis have continued to reject interbank transfers, citing difficulties in withdrawing cash from banks. Another reason, the traders gave was that local farmers in villages who sell goods...
17 Feb
AMID confusion over the state of Central Bank of Nigeria’s (CBN) naira redesign policy, President Muhammadu Buhari, yesterday, weighed in heavily to provide clarity and direction, when he addressed the nation in a broadcast, the first this year, and which may be his last as President before handing over on May 29.
13 Feb
Ahead of Wednesday’s sitting of the Supreme Court to decide on the naira redesign policy of the Central Bank of Nigeria (CBN), the Nigeria Governors’ Forum (NGF) has urged its members to support the legal battle on the policy against the Federal Government at the apex court.
10 Feb
Uncertainty still persists around the cash swap among Lagos residents as the old bank notes which include N1000, N500 and N200 expire on Friday amid scarcity of the redesigned notes.
9 Feb
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it will sanction fuel stations that reject the use of Point of Sale (POS) machines or bank transfers at their outlets. This is contained in a statement by Mr Kimchi Apollo, General Manager, Corporate Communications and Stakeholders Management, NMDPRA, on Thursday in Abuja. The statement…
9 Feb
The National Security Adviser (NSA) Maj.-Gen. Mohammed Monguno (rtd), has said that the change of currency and cashless policy of the Central Bank of Nigeria (CBN), if not well thought out, may affect operations of troops in the field.
9 Feb
Uncertainties trailing the Central Bank of Nigeria (CBN)’s naira redesign policy continued, yesterday, when the Supreme Court overruled an earlier injunction granted by a high court in the Federal Capital Territory ...
1 Feb
The Naira redesign policy phasing out the old 1000 naira, 500 naira, and 200 naira notes by Nigeria's Central Bank continues to generate uproar across the country because citizens are finding it harder and harder to access the new notes.


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Temple Muse, the lifestyle concept store in the heart of Lagos and first of its kind in Nigeria, is thrilled to announce its 15-year Anniversary this month. Over the past decade and a half, Temple Muse has become an institution in the Nigerian fashion scene, setting trends and inspiring style enthusiasts both locally and internationally.…
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Dementia is a broad term for severe loss of memory, language, problem-solving abilities, and other thinking abilities that interfere with daily life. It progresses in severity from mild to severe, with the mildest stage affecting a person's functioning the least and the most severe requiring the person to rely entirely on others for basic life…
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Iran reopened on Tuesday its embassy in Saudi Arabia after a seven-year closure, reaffirming a Chinese-brokered rapprochement that has redrawn the region's diplomatic map.
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Britain's Charles III visited the Romanian hamlet of Viscri on Tuesday, wrapping up his trip to Transylvania -- a region the king has said is in his "blood" as a descendant of Vlad the Impaler.
1 day ago
French protests against President Emmanuel Macron's pensions overhaul began to run out of steam on Tuesday with lower numbers taking to the streets and leaders questioning the future of the movement.