BUSINESS
EFCC Intercepts N32.4m New Naira Notes Allegedly Meant For Vote-buying In Lagos State
The massive operation by the Economic and Financial Crimes Commission, EFCC, to deter vote trading and other financial malfeasance ahead of tomorrow's presidential and...
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...
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...
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,...
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...
Loan Sharks Barred From Accessing Customer’s Contacts, Pictures
Loan apps on Play Store, popularly called loan sharks will lose their ability to access their users’ contacts or photos from May 31, 2023. This...
ICAN To Train Officers Of Nigeria Police On Forensic Accounting
The Institute of Chartered Accountants of Nigeria (ICAN) has announced plans to commence forensic accounting training for police officers in the country. The ICAN’s President,...
CBN Devalues Naira To 630/$1
The Central Bank of Nigeria (CBN) has depreciated the Naira to N631 per dollar, up from N461.6 sold at the Importers and Exporters (I&E)...
The Beast Called Emefiele Must Face Full Wrath Of Law – Fani-Kayode
Femi Fani-Kayode has celebrated the suspension of Godwin Emefiele from the office of the Governor of the Central Bank of Nigeria. The APC chieftain in...
Panic Grips Crypto Traders As SEC Bans Binance Operation In Nigeria; Declare It An Illegal Entity
The Securities and Exchange Commission (SEC) of Nigeria has declared the activities of Binance in Nigeria illegal. According to a statement published on its website,...
