Economy
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NDIC warns against investment offers with quick, arbitrarily high returns
Nigeria Deposit Insurance Corporation (NDIC) has warned the public to avoid investment offers with quick and arbitrarily high returns. …
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Banks raise cash withdrawal limits to reduce queues
Deposit Money Banks are set to raise their cash withdrawal limits from the current N20,000-N50,000 range to over N80,000-N100,000, according…
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Uphill task for 17 new Governors as they inherit N2.1trn, $1.9bn debts
The 17 newly-elected governors face an uphill task to stimulate the economies of their respective states as they will inherit…
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More Naira notes as banks get old notes deposited with CBN today
Reliable sources in the CBN said banks have been instructed to collect the old Naira noted they deposited in CBN…
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Nigeria’s inflation rate hits 21.91 in February 2023 — NBS
THE National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate increased to 21.91 per cent on a year-on-year basis…
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Naira Redesign Crisis: Banks ration old notes, NLC insists on seven-day ultimatum
Deposit Money Banks have begun to ration the disbursements of old N1,000 and N500 notes to their customers amid uncertainty…
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Succour, relief in Lagos as residents begin to accept old Naira notes
Lagos residents, on Tuesday, began to accept the old N200, N500 and N1,000 banknotes for transactions following a validation from…
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BREAKING: CBN finally orders banks to commence circulation of old N500, N1,000 notes
Ten days after the Supreme Court ordered that the return of the old N1,000, N500 and N200 notes as legal…
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PenCom berates Lagos state govt for consistently failing to pay N2bn monthly commitment to tetirees
Without mincing words the National Pension Commission (PenCom), has berated the Lagos State Government for its consistent failure to honour…
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Amid multiple taxations, MTN, Dangote Cement, 12 others pay N461.2bn to revenue agencies
Amid multiple taxations, the audited results released so far by 14 companies listed on the Nigerian Exchange Limited (NGX) revealed…
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