Electricity Consumers Decry Increase In Tariff   Electricity consumers in the Federal Capital Territory (FCT), have decried the increase in tariff by the Electricity Distribution Companies (DisCOs). According to them, the increase is unjustifiable. The consumers, who spoke to Economic Confidential in...

We have Recovered N1.7trn of Old Naira Notes - Emefiele   The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says N1.7 trillion worth of naira notes have been returned to banks so far,with N500 billion more to go. The bank...

CBN Extends Deadline for Old Naira Notes to Feb 10, Emefiele Gives Reasons   The Central Bank of Nigeria has finally extended the deadline for the exchange of old naira notes by 10 days. In a press statement issued on Sunday, Godwin...

Naira Notes: NBA, Finance Minister Caution CBN on Deadline, Hardship In reaction to the demonetisation policy of the Central Bank of Nigeria (CBN) which directs that the old naira notes (N100, N200, N500 and N1000) will cease to be legal...

Senator Urges CBN to Leave Naira Redesign to Next Government   A former Governor of Bayelsa State, Sen. Henry Seriake Dickson has said that Naira redesign should be left to the next government to avoid any effect on the forthcoming poll. He...

Gov Emefiele of CBN Unveils Nigerian National Domestic Card Scheme “AFRIGO”   Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has formally unveiled the Nigerian National Domestic Card Scheme, known as AfriGo, in a significant move to strengthen...