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2023 Elections: Court Sacks Ondo APC Reps Candidate Adefarati
adminFebruary 18, 2023
The Federal High Court sitting in Akure has disqualified the candidate of the All Progressives Congress (APC) for Akoko Southeast and Southwest Federal Constituency for the February 25, 2023, general…Read More
Take Your Old Naira Notes To CBN If Legitimate, Buhari’s Aide Taunts Ganduje
adminFebruary 18, 2023
The Special Adviser to President Muhammadu Buhari on Digital Communication, Malam Bashir Ahmad has dared Governor Abdullahi Umar Ganduje of Kano state to take his old naira notes to the…Read More
Confusion Over CBN Directive On N500, N1000 Deposit
adminFebruary 18, 2023
The Central Bank of Nigeria (CBN) has denied asking banks to start collecting old N500 and N1,000 notes from customers. In a statement on Thursday, Osita Nwanisobi, Director, Corporate Communications…Read More
NGX Expands as Investors Ramp Up Geregu Shares
adminFebruary 17, 2023
NGX Expands as Investors Ramp Up Geregu Shares The Nigerian equities market traded marginally higher as buying interest in Geregu Power Plc triggered a 2 basis points expansion in the…Read More
David Malpass to Step Down as World Bank President
adminFebruary 17, 2023
David Malpass to Step Down as World Bank President The World Bank Group President, David Malpass has announced his intention to step down from his position by the end of…Read More
CBN Authorises Banks to Release N200 Notes
adminFebruary 17, 2023
CBN Authorises Banks to Release N200 Notes Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has directed commercial banks to adhere to President Buhari’s directive to make available…Read More
NNPC Begins Drilling Oil Well in Nasarawa State
adminFebruary 17, 2023
NNPC Begins Drilling Oil Well in Nasarawa State The Nigeria National Petroleum Company Limited (NNPC Ltd) will begin drilling the first oil well in Obi/Keana Nasarawa State on March 21.…Read More
Nigerian T-Bills Yield Spikes Strongly to 3.7%
adminFebruary 17, 2023
Nigerian T-Bills Yield Spikes Strongly to 3.7% The average yield on Nigerian Treasury bills spiked strongly due to selloffs across tenored in the secondary market amidst a slowdown in financial…Read More
Nigeria’s Bond Yield Climbs to 13% as Inflation Jumps
adminFebruary 17, 2023
Nigeria’s Bond Yield Climbs to 13% as Inflation Jumps Reacting to inflation rate growth to 21.82%, Nigeria’s asset managers and bondholders switched trading mode from buying to selling in the…Read More
Buhari Grants Old N200 Notes Legal Tender Rights
adminFebruary 17, 2023
Buhari Grants Old N200 Notes Legal Tender Rights Amidst the ongoing crisis across the cities over the scarcity of new naira notes in circulation, President Muhammadu Buhari on Thursday gave…Read More
Currency Swap: Buhari Has Not Breached Supreme Court Order — Odinkalu Says Govs’ Actions Amount To Treason
adminFebruary 17, 2023
*Says Naira Crunch A Good ‘Price’ If It Brings Credible Elections A lawyer and human rights activist, Professor Chidi Odinkalu, says the presidency has not disobeyed the Supreme Court order,…Read More
El-Rufai Defies Buhari, Says All New & Old Notes Shall Remain Legal Tender Until Supreme Court’s Decision
adminFebruary 17, 2023
Kaduna State Governor, Nasir El Rufai on Thursday said contrary to President Muhammadu Buhari’s directives, the old notes of N1,000 and N500 still remain legal tender in the state. In…Read More