National Assembly Passes N21.83trn 2023 Appropriation Bill Into Law
The National Assembly has passed the 2023 appropriation bill at N21.83 trillion. This shows an increase of N1.32 trillion from the N20.51 trillion budget proposal...
Politicians More Affected By CBN’s Cash Withdrawal Limit, Says CAN President
The President of the Christian Association of Nigeria, Most Reverend Daniel Okoh, has said the new cash withdrawal limit of the Central Bank of...
N206bn Inserted In My Ministry’s Budget For Equipment Procurement, Says Umar-Farouq
Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar-Farouq, yesterday, told senators that the N206 billion inserted in the ministry’s budget was...
Buhari Approves Naira Notes Redesign
President Muhammadu Buhari on Sunday voiced his support for the decision of the Central Bank of Nigeria, CBN to launch new designs and replace...
$1 Now ₦788, We Are Not Aware Of Naira Redesigning – Finance Minister
Minister of Finance, Budget, and National Planning, Zainab Ahmad, has disassociated her ministry from the planned move by the Central Bank of Nigeria (...
CBN To Redesign N200, N500 And N1,000 Notes To Control Circulation
The Central Bank of Nigeria (CBN) on Wednesday said it will redesign the N200, N500, and N1,000 notes. CBN Governor, Godwin Emefiele, disclosed this during...
2023 Budget: Buhari’s And Osinbajo’s Local, International Trips To Cost N3.34bn
The Presidency has proposed the sum N3.34 billion for the local and foreign travels of President Muhammadu Buhari and Vice President Yemi Osinbajo in...
Travellers Stranded As Dollar Shortage Hits Banks – Report
Nigerians are finding it increasingly difficult to access the United States dollar at the Central Bank of Nigeria’s official rate for eligible transactions. Worse affected are those travelling abroad who are experiencing delays in accessing Busines...
Naira Value Drop: EFCC Storms Abuja Bureau De Change Hub
Operatives of the Economic and Financial Crimes Commission (EFCC) on Friday stormed Wuse Zone 4, Abuja, home to most bureau de change operators in the Federal Capital Territory, A source said the raid was a covert operation to dislodge currency specu...
Naira Crashes To N710 Per Dollar
The naira has crashed further in the parallel market, trading for N710 against the U.S. dollar on the exchange platform Aboki Forex. Checks by Peoples Gazette (not ABN TV) on Wednesday showed the current parallel market rate pegged at N710 to a dolla...
