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Economy

Old naira notes remain legal tender forever – CBN declares

The Central Bank of Nigeria (CBN) has declared that the old N200, N500, and N1,000 notes will remain legal tender indefinitely. This decision is...
Economy

Tinubu secured multi-billion dollar infrastructure funding from Islamic bank

President Bola Tinubu has been able to negotiate and procure a multi-billion-dollar infrastructure funding from the Islamic Development Bank (IDP). The purpose of the money...
Education

Teachers send students home in FCT as NLC strike forces Kano govt to suspend exams indefinitely

The Kano State Ministry of Education has suspended secondary school qualifying examinations in the state due to the strike action by the Nigeria Labour...
Business

Maritime workers shut Lagos ports in compliance with NLC, TUC nationwide strike

The Maritime Workers Union of Nigeria (MWUN), on Tuesday, shutdown economic activities at both Apapa and Tin-Can Island seaports in Lagos State. The workers picketed...
Education

ASUU declares nationwide strike to obey NLC directive

The national body of the Academic Staff Union of Universities (ASUU) has directed all its members nationwide to withdraw their service from Monday midnight...
Economy

Naira future in doubts as report reveals CBN unable to clear forex backlog

A new report reveals reasons why the Central Bank of Nigeria might not be able to clear backlog owed to commercial banks. In the report...
Economy

Eight firms record N918.1 billion loss on currency revaluation

At the end of September 2023, eight firms declared an N918.1 billion loss due to a 68.55 per cent decline in the value of...
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