The Edo state House of Assembly has formally impeached its suspended speaker and gave reason for the development. You should read the details of the impeachment.
The Edo state House of Assembly has formally impeached its suspended speaker and gave reason for the development. You should read the details of the impeachment.
Tony Elumelu's stake in Seplat Energy has soared past $1bn, doubling in eight months, following the acquisition of Mobil that boosted production and financial gains.
Reactions have emerged as a viral video shows Henan Crane a company in China rewarding top-performing employees with huge cash bonuses at its end of year party.
An event management company has printed money vouchers for partygoers in Nigeria to spray at events, parties to circumvent CBN's policy against currency abuse
The CBN has started distributing new naira notes to the door mouth of residents to ease cash shortage and enable citizens to exchange old notes for new ones.
Agency banking banking in Nigeria or PoS business was introduced by the Central Bank of Nigeria to drive the cashless policy of the FG but is now lucrative.
The CBN will have to release new directives on the collection of old naira notes, as there seem to be confusion among bankers and the public on the next step.
Nigerians have described how they roam filling stations in search of cash by patronizing petrol station customers who excahnge their cash for bank transfers.
Viral video shows a man caught with fake N500 notes and this has sparked outrage among Nigerians over the prevalence of counterfeit new currency in Nigeria.
IMF has made recommendations on CBN 2007 Act to enhance autonomy and governance amid governors' challenging CBN directives on old naira notes legal status.
Old N200 notes that President Buhari has ordered to be returned into circulation will not be enough as it only constitutes 9% of the currency in circulation.
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