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 of the Rule of Law Principle that characterized the government of President Muhammadu Buhari, and by extension, the operations of...

Cash Crunch: Governors Give Emefiele, Malami Tuesday Ultimatum To Obey Supreme Court   State governments, which sued the Federal Government on the naira redesign policy, have given the Central Bank of Nigeria Governor, Godwin Emefiele and the Attorney-General of the Federation and Minister of Justice, Abubakar...

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 September 30, last year to N9.64 trillion as at last December. This represents N451.82 billion increase or 4.92 percentage increase. According to...

Oil Products Import Decline To N1.87trn In Q4, 2022   The National Bureau of Statistics (NBS) has said oil products imports dipped from N2.29trillion in the third quarter to N1.87 trillion in fourth quarter of last year. This was contained in a document that The Economic Confidential...

Report Reveals Economy Lost N20trn On CBN’s 70% Cash Mop-up   Nigeria’s economy is grinding to a halt and has lost about N20tn following the over 70 per cent mop-up of cash by the Federal Government through the Central Bank of Nigeria, a new report by...

INVESTIGATION: How Multi-Billion Naira BUK Solar Plant Is Abandoned to Rats Faculties, Run On Generators How Multi-Billion Naira BUK Solar Plant Is Abandoned To Rats As Dept., Faculties, Hostels Run On Generators In an effort to provide the nation’s ivory towers with uninterrupted electricity, in 2019...