CBN extends the deadline for naira swaps

30 Jan 2023

The Central Bank of Nigeria, CBN, extended the deadline for exchanging old naira notes on Sunday. Emefiele stated in a press release issued on Sunday that the new deadline is now February 10, 2023.  He disclosed that 75% of the N2.7 trillion held outside the banking system had been recovered.  He stated: “We are happy […]

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NCC CEO Danbatta named Vanguard’s Personality of the Year

30 Jan 2023

Prof. Umar Danbatta, Executive Vice Chairman and Chief Executive of the Nigerian Communications Commission (NCC), received the 2022 Regulator of the Year Award at the 11th Vanguard Personality of the Year Awards. Several Nigerians who have distinguished themselves as achievers of excellence in their various fields of endeavor were honored at a glamorous ceremony on […]

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CBN DIRECTS BANKS TO OPEN ON SUNDAY

30 Jan 2023

In the bid to mop up all the unwanted old Naira notes still in circulation, the Central Bank of Nigeria (CBN) has directed all banks in the country to also work tomorrow Sunday. The Director of Currency Operations, Ahmed Umar disclosed this to journalists during a press conference in Katsina on Sunday. He also said […]

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NBTE divides mass communication courses in higher education institutions

29 Jan 2023

Professor Idris Mohammed Bugaje, Executive Secretary of the National Board for Technical Education, stated on Saturday that mass communication as a course of study has been divided into three categories. He explained that, unlike in the past, mass communication is now divided into Journalism and Media Studies, Strategic Communication and Media Studies, and Film and […]

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PAN warns farmers who use antibiotics to raise chickens and other birds

28 Jan 2023

The Poultry Association of Nigeria (PAN) has warned farmers against using antibiotics in the production of chickens and other birds. In an interview with the News Agency of Nigeria (NAN) on Friday, PAN Lagos State Chairman issued the warning.  According to Mojeed Iyiola, the use rendered local egg powder unacceptable outside of the country.  The […]

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CBN praise banks in Ogun state for circulation of new currency

28 Jan 2023

As the January 31st deadline for the phasing out of the old N200, N500 and N1000 note approaches, officials of the Central Bank of Nigeria (CBN), Abeokuta Branch on Thursday visited various Mobile money/Point of Sales agents in Ogun State to monitor the implementation of its recently introduced cash swap policy. The cash swap programme […]

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Businesses in Kaduna shuts down as the scarcity of new currency persists

27 Jan 2023

Businesses in all sectors were hampered on Thursday due to a lack of new currency in Kaduna. The unavailability of the new currency notes hampered several business owners, including artisans, cobblers, and hawkers of various commodities.  Only a few critical businesses provided skeletal services.  A few businesses in desperate need of funds received the old […]

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JUST IN: A fire destroys the Lagos market of Balogun

26 Jan 2023

A fire has destroyed a building in Lagos State’s popular Balogun market. Only three months ago, The Nation reported that a fire broke out at the Balogun market, destroying several million-dollar items.  On Thursday morning, a fire broke out in one of the popular market buildings.  As of the time of filing this report, the […]

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Female bank staff strip naked because of loan recovery

26 Jan 2023

A female bank staff of Fina Trust MicroFinance Bank, Charity Edosa Omosirie, had a nasty experience in Lagos State after she went to recover loan from customers and she was attacked and stripped naked in public. The incident happened at Okeimoye Street, Isheri Oshun area of Lagos, where Charity went to recover the loan from […]

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