Naira redesign: CBN pledges to protect rural Nigerians
The Central Bank of Nigeria has promised to safeguard citizens who live in rural, underserved, and unbanked areas as it moves to reform the naira.Information Guide Nigeria The…
CBN releases $3.5bn for foreign education under Buhari
Data obtained on Sunday from the Central Bank of Nigeria’s website revealed that under President Major General Muhammadu Buhari, the educational sector of Nigeria saw significant capital flight…
Buhari to launch NICA Act
President Major General Muhammadu Buhari (ret.) will be in Lagos to introduce the National Institute of Credit Administration Act to the general public.Information Guide Nigeria It claimed that…
FG approves N48.5bn for urgent repairs of roads nationwide
The decision was consistent with the federal government’s aim to expanding the road network throughout the six geopolitical zones.Information Guide Nigeria According to a statement issued by the…
FG plans supplementary budget over rising inflation, depreciation
The Federal Government may offer a supplementary budget to the National Assembly as a result of a further depreciation of the naira and soaring inflation, which have rendered…
eNaira records 700,000 transactions valued at N8bn – Emefiele
Godwin Emefiele, Governor of the Central Bank of Nigeria, says the eNaira has recorded 700,000 transactions worth N8 billion since its launch on October 25, 2021.Information Guide Nigeria…
You’re playing politics with naira redesign, Obaseki slams CBN
Godwin Obaseki, the governor of Edo State, has criticised the Central Bank of Nigeria’s (CBN) decision to redesign naira banknotes, claiming that the proposal is an attempt by…
Naira redesign: Abductors ’ll demand ransom in foreign currencies – Sowore Slams CBN
The Presidential candidate of African Action Congress, Omoyele Sowore has said redesigning the naira would not reduce insecurity in the country. DAILY POST reports.Information Guide Nigeria Sowore said…
Ganduje submits N43bn supplementary budget
Dr. Abdullahi Umar Ganduje‘s office presented the Kano State House of Assembly with an N43 billion supplementary budget/amendment bill on Monday.Information Guide Nigeria In accordance with Section 122…
Naira depreciation will worsen Nigeria’s food, energy crisis — W’Bank
According to the World Bank’s most recent Commodity Markets Outlook report, the declining value of the Nigerian naira and the currencies of the majority of emerging nations is…