Old naira notes The Central Bank of Nigeria on Thursday began the disbursement of old naira notes to Deposit Money Banks as government authorities stepped up efforts to end the biting currency scarcity that has inflicted pain on millions of bank customers nationwide. The central bank had directed DMBs to pick old N1,000, N500 and…
The Central Bank of Nigeria (CBN) has declared that the old N200, N500 and N1000 have ceased being legal tender since February 10, 2023. CBN had originally fixed January 31 as deadline for old notes to be in circulation but extended it in response to pressure from Nigerians. However, before the February 10 deadline, Kogi,…
New Naira notes Nigerians, especially bank customers, were gripped with confusion and uncertainty over whether today’s deadline by the Central Bank of Nigeria for the phasing out of the old naira notes still remains or it has been suspended following the Supreme Court injunction obtained by some northern governors. The Supreme Court had on Wednesday…
The Central Bank of Nigeria (CBN) has extended the deadline for the use of the old notes till February 10. Governor of the CBN, Godwin Emefiele, announced the extension in a statement signed on Sunday.
*Oil bunkers angry; send threat messages to Tompolo, Tantita operatives * TSSL seizes suspected bunkering vessel in Delta *How Tantita, security operatives discovered breaches on pipelines – Tompolo By Emma Amaize, Regional Editor, South-South and Akpokona Omafuaire, OPOROZA EX-MILITANT leader, Government Ekpemupolo, alias Tompolo, and security officials have uncovered 42 more tapping points by crude…
About 75 per cent of filling stations across the country are currently out of business due to their inability to purchase diesel required to power their tankers and transport Premium Motor Spirit, popularly called petrol, to their various outlets, oil marketers stated on Tuesday. Marketers also stated that the cost of diesel would keep…
Unclaimed dividends and bank account balances unattended to for at least six years will available as special credit to the federal government through the Unclaimed Funds Trust Fund  According to the Finance Act 2020 recently signed into law by President Muhammadu Buhari, the trust fund will be a sub-fund of the Crisis Intervention Fund. “Any…
The Poultry industry is set to shut down production by January next year, unless urgent steps are taken to save the situation. This is in connection with the astronomical rise in prices of maize and soybeans— the main components of feed used for poultry production. A ton of maize, which, hitherto, sold for N85,000 one…
                The Petroleum Products Pricing Regulatory Agency (PPPRA) has reduced the retail pump price of petrol to N121.50 per litre from the present N123 per litre. The regulatory agency announced the new retail price band to marketers in a May 31…
·      Prioritise SMEs Development ·      Advocate Partnerships between Private Sector and Government African thought leaders and great minds have noted that the development of homegrown solutions and adequate investment in human capacity building and agricultural expansion are key steps that will help to rebuild Africa and put the continent on a stronger footing post Covid-19….
