Fuel, Naira Scarcity: TUC Threatens to Sue FG
The Trade Union Congress on Thursday threatened to take “constitutional and legal ways” against the Federal Government over the lingering scarcity of new naira notes and fuel.
Speaking during a press conference in Abuja, the National President of...
New Naira: Nigerians in Deep Confusion as CBN Deadline Ends Today
Nigerians, especially bank customers, were gripped with confusion and uncertainty over whether today’s deadline by the Central Bank of Nigeria for the phasing out of the old naira notes still remains or it has...
Naira Redesign: The Many Sides of a Fiscal Policy
By Kabir Akintayo
Opinions of many political parties towards the redesigning of Nigeria’s currency denominations of 200, 500, and 1000 naira varies. Ironically, opposition parties have thrown their weight behind the policy conceptualized by the ruling...
Emefiele And The Logs In His Eyes
By Felix Oboagwina
What an irony! The operational network of Zenith Bank has collapsed for over a week now. No customer can transfer a farthing of their own savings out to other banks. Neither can they fish out as...
CBN Raises N277.47bn From Treasury Bills Market In January
Data collated has shown that the Central Bank of Nigeria (CBN) raised N277.47 billion through the treasury bills (TBills) market in January 2023.
The apex bank carried out TBills auction twice worth N55.39billion in the first auction...
Fed Govt Plans New Policy To Track Public Spending
As the Federal Government struggles to generate revenue and manage its rising expenditure, it plans to launch a new policy for public finance management.
This policy, referred to as the Bottom-Up Cash Planning Policy, will be launched...