A commercial bank on Akpakpava attacked by the angry protesters over naira redesign/ swap policy, yesterday, in Benin City Banks, POS operators attacked as parents, school children scamper for safety, as three feared killed Ibadan commuters resort to trekking as fish sellers reject old notes Okowa appeals for calm as police arrest five in Ilorin […]

The pains confronting Kano residents as a result of naira scarcity may soon degenerate as commercial banks in the ancient city now operate with zero cash in their vaults. Worse still, the new and old generations of financial institutions have stopped receiving old naira notes from customers in the last three days despite a government […]

The Independent National Electoral Commission has assured Nigerians that it has concluded arrangements to ensure the early arrival of materials and officials during next Saturday’s presidential and national assembly elections. INEC Director for Voter Education, Victor Aluko, gave the assurance at a Media and Civil Society Organisations (CSOs) roundtable on 2023 elections with the theme […]

Queue at Oando filling station in Ajah Data analysis suggests increasing inflationary pressure Govt not deliberate in combating inflation, experts observe The prolonged fuel crisis may have been working through consumer prices, pushing the headline inflation to 21.82 per cent, a level not seen in about two decades. The inflation rate is 6.22 percentage points […]

President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) to intensify collaboration with anti-corruption agencies, in checking the activities of those bent on frustrating the smooth implementation of the currency re-design policy. The president gave the directive while addressing Nigerians on the CBN currency swap policy and State of the Nation on Thursday […]

Rivers State Governor, Nyesom Ezenwo Wike, has urged the presidential candidate of the All Progressives Congress (APC), Bola Ahmed Tinubu, to prevail on the Federal Government to ensure the 2023 general election is not truncated. Wike noted that the alleged disregard of Central Bank Nigeria (CBN) of the Supreme Court on the naira policy should […]

Election: Give Lagos special attention, Olanrewaju tasks security agencies Following the allegation by the Inspector-General of Police, Usman Baba, on Monday, that information at his disposal show that Oduduwa Nation agitators were amassing weapons and mobilising resources to disrupt the peace, security, and electoral process in the Southwest geo-political zone ahead of the general elections, […]

My Dear Compatriots, 1. I have found it necessary to address you today, on the state of the nation and to render account on the efforts of our administration to sustain and strengthen our economy, enhance the fight against corruption and sustain our gains in the fight against terrorism and insecurity which has, undoubtedly, been […]

President Muhammadu Buhari acknowledge cheers from supporters President Muhammadu Buhari on Thursday ordered the Central Bank of Nigeria (CBN) to allow the old 200 naira notes and redesigned 200, 500 and 1000 naira notes to coexist. He gave the directive to the CBN in a national broadcast aired on national stations. The president said only […]