The Economic and Financial Crimes Commission (EFCC) will arraign a former Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele on Wednesday for approving the printing of N684.5m at the rate of N18.96bn. The arraignment was…
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The spokesperson for the All Progressives Congress Presidential Campaign Council (APC-PCC), Festus Keyamo, has said President Muhammadu Buhari’s directive on the naira swap policy is ill-advised. Recalls that Buhari, in a Thursday…
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The Peoples Redemption Party (PRP) on Friday became one of the first casualties of the naira redesign policy of the Central Bank of Nigeria among political parties because it could no longer access its funds in banks. The PRP also raised…
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By Baba Aminu Kano State governor, Abdullahi Umar Ganduje has alleged that the naira redesign policy of President Muhammadu Buhari is aimed at truncating the country’s democracy. Recalls that Kano State is one of the states before the…
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President Muhammadu Buhari has met with the Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele at the Presidential Villa Abuja. The CBN Governor saw the President privately for the third time since the cash crisis escalated…
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The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it will sanction fuel stations that reject the use of Point of Sale (POS) machines or bank transfers at their outlets. This is contained in a statement by…
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The National Security Adviser (NSA) Maj.-Gen. Mohammed Mungono (rtd), has said that the change of currency and cashless policy of the Central Bank of Nigeria (CBN), if not well thought out, may affect operations of troops on the field.…
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A coalition of civil society organizations has demanded Nigerian Governors Forum to join the three governors of the ruling All Progressives Congress (APC) who have dragged the Federal Government to court over the Central Bank of Nigeria's…
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The Attorney-General of the Federation (AGF), Abubakar Malami, on Wednesday asked the Supreme Court to dismiss a suit filed by three state governments challenging the naira redesign policy of the Central Bank of Nigeria (CBN). In a…
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Some residents of Ore in Odigbo Local Government Area of Ondo State on Tuesday staged a peaceful protest along the Ore-Benin expressway to register their displeasure over the scarcity of naira notes and fuel ravaging the nation. The…
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