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Economy

Africa Needs Adequate Financing To Tackle Poverty – ECA

The Economic Commission for Africa (ECA), says Africa needs adequate financing to tackle poverty on the continent and cushion the vulnerable groups while meeting its long-term development objectives. Acting Secretary-General of ECA, Antonio Pedro, said this during his closing remarks…

Banks In FCT, Northern Nigeria Comply With CBN Directive, Accept, Pay Old N500, N1,000 Notes

In compliance with the order of the Central Bank of Nigeria (CBN) to Money Deposit Banks (MDBs) to pay out and collect old N500 and N1,000 notes to customers, banks in the Federal Capital Territory (FCT) and other parts of…

Buhari Seeks Duty-free Market Access for Least Developed Countries

President Muhammadu Buhari has called on developed and developing nations to grant duty-free and quota-free market access for products originating from the world’s 46 least-developed countries. He said that this would ensure their integration in regional and global value chains….

Attack On Buhari, Emefiele: El-Rufai, Other APC Governors Desperate To Buy Votes – CNPP

…Says Unpatriotic Politicians Behind Naira Scarcity … Urges CBN Set Up Modalities For Swapping Old Naira Notes For Nigerian Masses Conference Of Nigeria Political Parties (CNPP) has called on Nigerians not to fall for what it described as the antics…

It Will Be Well, Emefiele Tells Nigerians Amidst Cash Crunch

Despite the current cash crunch in the country, the Central Bank of Nigeria (CBN) Governor Godwin Emefiele has reiterated his stance on the swapping of the old ₦1,000, ₦500, and ₦200 notes adding that “it will be well”. While there…

Save Nigerian Women And Girls From Hardship, Resolve Fuel Scarcity, Cash Crunch Now – Princess Mimi Cries Out

As the country grapples with the scarcity of petrol and new naira swap saga, the President Nigeria Female Youth Organization, Princess Mimi Peter has called on necessary bodies to save Nigerian women and girls from hardship as they are at…

Old Naira Swap Deadline: CNPP Slams APC, Discloses Why Party Is Using Supreme Court To Armt-wist CBN

The umbrella body of registered political parties and political associations in the country, Conference Of Nigeria Political Parties (CNPP) has declared the action of Governors of the All Progressives Congress (APC), “seeking to ambush the naira redesign policy of Central…

BREAKING: Supreme Court Restrains CBN, FG From Implementing Old Naira Notes Swap Deadline

The implementation of the February 10 Deadline of the old 200, 500 and 1000 naira notes to stop being legal tender has been halted by the Supreme Court of Nigeria. This is as the Supreme Court restrained the Federal Government…

EFCC Arrests Abuja Bank Manager for Hoarding N29m New Naira Notes

An Operations Manager of a leading Commercial bank in Abuja Central Area was today, February 6, 2023, arrested by operatives of the Economic and Financial Commission, EFCC, for refusing to load the Automated Teller Machines, ATMs, of the bank despite…

SDP Presidential Candidate, Prince Adewole Promises To Raise Nigeria’s Revenue If Elected

Prince Adewole Adebayo, the candidate of the Social Democratic Party (SDP) in the forthcoming presidential election, has promised to raise Nigeria’s revenue if elected on February 25. The SDP presidential candidate said this while responding to a question on Nigeria’s…