HSBC buys failed US bank SVB’s UK arm

HSBC buys failed US bank SVB’s UK arm

The government and HSBC have announced that the UK arm of failed US lender Silicon Valley Bank has been sold to HSBC for a nominal £1 ($1.2) in…

We pay N2.4b yearly to pensioners – Ondo govt

We pay N2.4b yearly to pensioners – Ondo govt

The Government of Ondo State, has said it spent N2.4billion annually to pay gratuities to retired civil servants.Information Guide Nigeria According to THE NATION, the government said it…

Currency redesign: Nigeria’s economy loses N20trn – CPPE

Currency redesign: Nigeria’s economy loses N20trn – CPPE

Since the onset of the cash crunch,  the Nigerian economy has lost an estimated N20 trillion. This is as a result of the decelerating economic activities, crippling trading…

Governors frown at naira scarcity

Governors frown at naira scarcity

The state chief executives are angry that transporters, traders, and other businesses are refusing to accept the notes. THE NATION reports.Information Guide Nigeria This is in contravention of…

“Emefiele Confirms To Me Old Naira Notes Now Acceptable”: Soludo Reveals

“Emefiele Confirms To Me Old Naira Notes Now Acceptable”: Soludo Reveals

A former CBN governor and governor of Anambra State, Charles Soludo has disclosed that Emefiele confirmed that old notes are now acceptable.Information Guide Nigeria LEGIT reports that the…

ACF cautions Buhari over naira policy

ACF cautions Buhari over naira policy

Northern leaders, under the umbrella of the Arewa Consultative Forum (ACF), have cautioned President Muhammadu Buhari over the Central Bank of Nigeria’s (CBN) naira redesign policy. THE GUARDIAN…

Oyebanji appeals to Ekiti residents to accept old notes

Oyebanji appeals to Ekiti residents to accept old notes

The Governor of Ekiti State, Biodun Oyebanji has urged the residents to continue to accept the old and new notes.Information Guide Nigeria This is in line with the ruling…

Banks issuing old notes but refusing to take them back – Nigerians Lament

Banks issuing old notes but refusing to take them back – Nigerians Lament

Some residents in Lagos resident have regretted collecting the old N500 and N1,000 notes from commercial banks.Information Guide Nigeria Recall that some residents collected old notes from banks…

CBN silence is worrisome – Abia NUJ

CBN silence is worrisome – Abia NUJ

Abia State Council of Nigeria Union of Journalists, NUJ, has expressed dismay over the silence of the bank on Supreme Court judgement.Information Guide Nigeria The Central Bank of…