BUSINESS
Relief As Air Peace Commences Direct Flight To India
West and Central Africa’s leading airline, Air Peace, has launched direct, nonstop flight services to Mumbai, the capital city of Maharashtra State in Southwestern...
Free Internet In Airports, Varsities, Markets To Gulp N24.2bn
The Federal Executive Council yesterday approved two contracts worth N24.20bn for provision of broadband for free internet in 75 public places, including 20 airports,...
CBN Confirms Evacuation Of Banknotes To DMBs
The Central Bank of Nigeria, CBN, has confirmed the evacuation of banknotes from its vaults to commercial banks across the country as part of...
Banks To Receive Old Naira Notes From CBN Today
The Central Bank of Nigeria (CBN) has instructed commercial banks to immediately collect the old naira notes they deposited in its branches to ease...
Naira Notes Scarcity: Poultry Farmers Say Members Lost 15m Crates Of Egg Worth N15bn
The Poultry Farmers Association of Nigeria said its members lost more than N30 billion worth of over 15 million crates of eggs due to...
Ghana Announces Removal Of Subsidy On Petroleum
The Ghana National Petroleum Authority has announced removal of fuel subsidy in the country. The removal of the subsidy is part of the country’s implemented...
CBN Breaks Silence, Says Old Naira Notes Remain Legal Tender Till Dec 31st
The Central Bank of Nigeria (CBN) says the old N200, N500 and N1000 notes remain legal tender until December 31, 2023. Isa Abdulmumin, CBN spokesperson,...
Finally, CBN Orders Banks To Pay, Receive Old Naira Notes
Prof Charles Soludo, Governor of Anambra State, announced on Monday that the Central Bank of Nigeria, CBN has directed commercial banks to accept and...
NSCDC Vows Clampdown On Fake Naira Notes Syndicates, Cautions Nigerians
The Nigeria Security and Civil Defence Corps (NSCDC) says it will continue to arrest and prosecute those involved in the production and circulation of...
Kogi State Govt Talks Tough, Vows To Seal Banks Rejecting Old Naira Notes
The Kogi State government has threatened to close banks, arrest and prosecute anyone rejecting the old naira notes for transactions in the state. This was...
