Monetary

Buhari's Reign: FG Rakes In N10trn VAT in 8 Years – NBS The Federal Government has raked in N10.1tn from the collection of Value Added...

Old N200, N500, and N1,000 Bank Notes Remain Legal Tender - CBN In compliance with the established tradition of obedience to court orders and sustenance...

Pension Investments In FGN Securities Rise To N9.64trn   Pension Fund Administrators have increased the value of investments in FGN Securities from N9.19 trillion as at...

Kogi Gov't Orders Arrest of Persons Rejecting Old Notes The Kogi State Government on Friday ordered the arrest and prosecution of individuals and businesses rejecting...

Customers Reject Deposit Conditions As Banks Dispense Old Notes More Commercial Banks have begun to dispense old N1,000 and N500 notes to their customers, about...

Open Banking: CBN Issues Guidelines for Financial Stability The Central Bank of Nigeria has issued operational guidelines for open banking to ensure stability in the...

N24bn Recovered From Defaulting Employers - PenCom   The National Pension Commission (PenCom) says it has recovered N24.15bn non-remitted pension savings of employees from defaulting employers. It...

UPDATE: Supreme Court Scolds Buhari, Emefiele for Disobeying Order on Old Naira Notes  The Supreme Court of Nigeria has described as dictatorial and undemocratic the...

JUST IN: Old Naira Notes Remain Legal Tender Till Dec 31 - Supreme Court By Ozumi Abdul The Supreme Court, on Friday, nullified the ban on...

Naira Scarcity: Customers Fight Over N5,000 The continued scarcity of the naira has increased the hardship of many bank customers who are now forced to...

JUST IN: CBN Denies Ordering Banks to Collect Old N1000, N500 Notes By Ozumi Abdul The Central Bank of Nigeria (CBN) has denied reports making the...

Cash Crunch: CBN Gives Fresh Order to Banks Over Old N500, N1,000 Notes The Central Bank of Nigeria (CBN) has directed commercial banks to start...

Fighting Erupts in Lagos Due to Naira Scarcity Fighting erupted in some areas on the popular Lagos-Ikorodu expressway in Lagos State over the scarcity of...

Report Reveals NLNG Paid Buhari Regime $5.3bn Dividend   The Federal Government has received about $5.28bn as dividends from the Nigeria Liquefied Natural Gas Limited (NLNG)...

Challanges Faced With Redesign Naira Notes - Emefiele Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Friday blamed the unpleasant situation created...

FG Disburses N16.8bn Cash Grants To Over Two Million Vulnerable Nigerians   The Federal Government has disbursed over N16.8bn as grants and Conditional Cash Transfers to...

Reps Disrupt Emergency Session Over New Naira Scarcity The Speaker of the House of Representatives, Femi Gbajabiamila, has said the federal parliament will have no...

Contributory Pension Assets Rise To N14.9trn   The total assets under the Contributory Pension Scheme rose by N1.56tn in 2022, according to figures obtained from the...

FG Says Nigeria Lost N3trn During 2022 Flood   Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajiya Sadiya Umar Farouk, has disclosed that the...

Extend Deadline of Old Notes Till February, Islamic Group Tells FG An Islamic group, Muslim Rights Concern, MURIC, has appealed to the Federal Government to...