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CATEGORY

Business

CBN extends naira swap by 10 days; INEC, PVC collection by five

The Central Bank of Nigeria (CBN) on Sunday got a 10-day extension approval from President Muhammadu Buhari for the swapping of old currency notes...

The game at play as CBN denies scarcity of new Naira notes, Ortom backs NASS

There is game at play among customers, banks, and the Central Bank of Nigeria! But what is it, many customers seek to know, even...

CBN ups interest rate to 17.5%, insists on Jan 31 deadline for old naira notes

The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), which measures interest rates from 16.5% to 17.5 percent to tame...

NNPCL’s SANs walk out on court in Ararume’s N100billion suit against Buhari

By Yemi Oyeyemi, Abuja Drama ensued on Monday at the Federal High Court in Abuja in the N100billion suit by Senator Ifeanyi Ararume against President...

Tension as passengers  stranded at Abuja, Lagos airports over aviation staff strike

Tension is mounting as passengers were left stranded following a strike by aviation handling staff at the Murtala Muhammed International Airport on Monday. At the...

How govt bullying, policies frustrating 5G roll-out in Nigeria

By Sonny Aragba-Akpore Despite the hype around the 5G auctions in Nigeria, first in December 2021 and later in December 2022,  with three licenses issued...

Graveyard peace at CBN as Emefiele bounces back

It is clearly a peace of the graveyard on Tuesday as staff of the Central Bank of Nigeria (CBN) wore plastic smiles, acted bouncy,...

Elon Musk’s disruptive internet technology – the Nigerian perspective

By Sonny Aragba-Akpore With 152.8 million subscribers connected to internet services as at November 2022, according to statistics published by industry regulator, the Nigerian Communications...

N13.1bn Bid for forfeited Ikoyi Property Fails as EFCC Opens Sale of Forfeited Real Estate Assets in Abuja

The Economic and Financial Crimes Commission, EFCC, today, January 9, 2023 in Abuja, commenced the sale of forfeited real estate assets by sealed bids,...

Predictable budget cycle: A legacy of the ninth N’Assembly  

By Ola Awoniyi  Shortly after his emergence in 2019 as the 14th President of the Senate and Chairman of the Ninth National Assembly, Ahmad Ibrahim...

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