No deadline on circulation of Naira notes, says CBN
The Central Bank of Nigeria (CBN) says it has not fixed any deadline for the circulation of the old N200, N500 and N1,000 banknotes. The Acting Director, Corporate Communications Department…
How Ex CBN boss used Zenith Bank to moved funds to wife – Witness
An Assistant Manager with Zenith Bank Plc, Mrs Ifeoma Ogbonnaya on Tuesday narrated to an Ikeja Special Offences Court how the embattled Former Central Bank of Nigeria (CBN) Governor, Godwin…
Naira Marley’s alleged cyber crime trial stalled
The trial of Nigerian Afro-Pop singer, Azeez Fashola (a.k.a Naira Marley) on alleged Cyber crime at a Federal High Court in Lagos State on Thursday, May 30, 2024 could not…
Naira gains N3.31 against dollar
The Naira gained N3.31 at the official market on Tuesday, trading at N1,465.68 to the dollar. Data from the FMDQ Exchange, which oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM),…
Cause of Mohbad’s death uncertain -Pathologist
A pathologist, Prof. Shokunle Shoyemi, on Wednesday said that the cause of the death of singer Ilerioluwa Aloba (a.k a Mohbad) was concluded as ‘uncertain’. Shokunle testified before a coroner…
Price crude oil in Naira to strengthen currency, expert advises FG
A financial expert, Mr Okechukwu Unegbu, has advised the Federal Government to consider pricing the country’s crude oil, in Naira in order to strengthen the local currency. Unegbu, a past…
Naira depreciates 0.3% against dollar
The Naira on Wednesday slightly depreciated at the official market, trading at N1,421.06 to the dollar. Data from the official trading platform of the FMDQ Exchange, a platform that oversees…
CIBN ex President urges FG to go after treasury looters, not money sprayers
A financial expert, Mr Okechukwu Unegbu, has urged the Federal Government to dissipate more effort in arresting and prosecuting politicians accused of looting the treasury. Unegbu, a past president of…