Supreme Court Bans Withdrawal Limit Policy
On 3 March 2023, the Supreme Court sitting in Abuja ruled in favour of a suit brought before it by Governors. The apex court...
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...
Crypto-Asset Surge Poses Risks To Monetary Policy – IMF Warns
The International Monetary Fund (IMF) has warned that the rising use of dollar-backed stablecoins in Nigeria could undermine monetary policy effectiveness, financial stability and...
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...
We Have Disbursed Conditional Cash Transfer To 25 Million Nigerians — FG
The Federal Government on Thursday said 25 million Nigerians have so far received the ₦25,000 conditional cash transfer. The Minister of Finance and Coordinating Minister...
Bus Conductor, Passengers Exchange Hot Blows Over Old Naira Notes In Kaduna
Following the deadline for the acceptance of old currency as legal tender by the Central Bank of Nigeria, bus conductors, and passengers on Wednesday...
Our Prayers Made $1 Not To Hit N10,000 By Now, Says Pastor Adeboye
Pastor Enoch Adeboye, the General Overseer of the Redeemed Christian Church of God (RCCG), has attributed Nigeria’s current exchange rate stability to divine intervention,...
World Bank Set To Mobilize $5.79bn Private Financing For Nigeria
The World Bank Group has disclosed plans to mobilize up to $5.79bn in private financing for Nigeria in the 2026 fiscal year to support...
CBN Removes Bank Cash Deposit Limit For Customers
The Central Bank of Nigeria has removed all cash-deposit limits for bank customers while maintaining strict weekly withdrawal ceilings under a revised set of...
List Of Ten African Nations Where Workers Earn Highest Wages [Must Read]
There are several countries in Africa where workers, particularly salaried employees, are well paid. Here’s a look at the top 10 African countries where workers...
