Old Naira Notes Have Lost Their Legal Tender Status, CBN Declares
The Central Bank of Nigeria (CBN) has declared that the old Naira Notes of N200, N500 and N1000 have ceased to be legal tender...
High Court Reserves Ruling On Emefiele’s Bail Application
The Federal Capital Territory High Court in Abuja has deferred its decision in the bail application of suspended Central Bank of Nigeria Governor Godwin...
CBN Threatens Severe Sanctions Against Banks Hoarding Currency
The Central Bank of Nigeria (CBN) has announced severe penalties for any bank involved in currency hoarding or diversion as part of its commitment...
Cost-of-Living Crisis: FG Planning Cash Transfer To 20 Million Nigerians — Finance Minister
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that the increase in Nigeria’s revenue recorded in the 2024...
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...
Only A Budget Size Of N7trn Can Tackle Lagos Infrastructural Needs — Sanwo-Olu
The governor of Lagos State, Babajide Sanwo-Olu, says the state requires about a N7 trillion budget size to meet up with infrastructural and basic...
Zenith Bank wins Africa’s Best Bank, Retains Nigeria’s Top Banking Award
Zenith Bank Plc has been named Africa’s Best Bank and Nigeria’s Best Bank for the second consecutive year at the Euromoney Awards for Excellence...
President Buhari Signs 2022 Appropriations Bill Of N17.127trn Into Law
President Muhammadu Buhari is currently signing the 2023 Appropriations Bill of N17.126 trillion into law. The signing ceremony is taking place at the Council Chambers,...
FG’s Debt Interest Rises By 124% Above Total Revenue
The Federal Government spent N7.7tn on interest payments in the first half of 2026, representing 124.2 per cent of its total revenue of N6.2tn...
Naira Extends Rally, Strengthens To ₦1,371/$ As Market Liquidity Improves
The Nigerian Naira continued its upward momentum against the U.S. Dollar on Thursday, February 5, 2026, extending its winning streak in both the official...
