Category: Business
Drama As Angry Delta Residents Destroy POS Operator’s Stand (Video)
17 Feb 2023
The protesters claim that POS operators are extorting them due to a scarcity of New Naira notes. A video shows angry residents in Warri, Delta state, destroying a POS operator’s stand. The protesters claim that POS operators are extorting them due to a scarcity of New Naira notes. Prior to the scarcity, POS operators charged […]
Continue ReadingOgun state government upgrades college of health technology to a polytechnic
16 Feb 2023
Ogun State Government has upgraded its College of Health Technology in Ilese-Ijebu to a polytechnic, and would henceforth be known as; Ogun State Polytechnic of Health and Allied Sciences. With a promise to appoint a substantive rector for the institution soon, the state governor, Prince Dapo Abiodun, made the pronouncement on Wednesday, during his re-election […]
Continue ReadingScarcity of Naira Notes: An elderly man sobs in a bank over his inability to withdraw money
15 Feb 2023
An elderly man sobs inconsolably in a bank because he was unable to withdraw money due to the scarcity of Naira notes. This is due to the country’s limited supply of new Naira notes, which has put many people in difficult situations. A senior citizen sobbed there after being unable to withdraw money from a […]
Continue ReadingTraders in Anambra burn sit-at-home enforcer to death
15 Feb 2023
Traders in Ogidi, Anambra state, Southeast Nigeria, have violently resisted the devastating effect of sit-at-home protest against the continued detention of Nnamdi Kanu, leader of the Indigenous People of Biafra (IPOB), by burning one of the enforcers of the exercise. SaharaReporters gathered that the incident occurred on Monday, when one of the enforcers allegedly went […]
Continue ReadingOld notes have ceased to be legal since the 10th of February- CBN
14 Feb 2023
The Central Bank of Nigeria (CBN) has declared that the old Naira Notes of N200, N500 and N1000 have ceased to be legal tender in Nigeria since the 10th of February, 2023. The declaration was made by the Branch Controller of the Central Bank of Nigeria (CBN), Bauchi, Haladu Idris Andaza while briefing Journalists on […]
Continue ReadingKwara warns principals against charging indiscriminately for NECO registration
13 Feb 2023
The Kwara State Government will sanction any school principal who collects more than the State Ministry of Education and Human Capital Development-approved National Examination Council, NECO, fees. It also stated that no principal should admit external students during this year’s examination registration process. Hajia Saadatu Modibbo Kawu, the state Commissioner for Education and Human Capital […]
Continue ReadingTUC threatens to sue FG over naira scarcity and fuel price
13 Feb 2023
Trade Union Congress has threatened to take “constitutional and legal” actions against the Federal Government over the naira scarcity and fuel price hike that the country is currently witnessing. The national president of the trade union, Festus Osifo, at a press conference in Abuja on Thursday, noted that many Nigerians are “on the brink of […]
Continue ReadingPetroleum marketers begins selling petrol at #172 per litres
13 Feb 2023
The new development is expected to end the beleaguering long queues in filling stations across the country. The Independent Petroleum Marketers at the tank farm in the Ijegun Egba Satelite area of Lagos have started selling petrol at N172 per litre. This was part of the Federal Government’s directive at tackling the nation’s petrol shortage […]
Continue ReadingBetween a Bank Manager and angry customers who wanted to destroy properties over Scarce Naira Notes
12 Feb 2023
A bank manager has been recorded addressing customers trying to withdraw money from her branch. The manager informed the clients that there was no money in her branch, which is why the doors were locked. She stated that the situation was out of their control and pleaded with consumers to understand and refrain from trashing […]
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