Category: Business
Senate ask CBN to extend date for exchange of old notes to May 31
26 Jan 2023
The Senate yesterday asked the Central Bank of Nigeria, CBN to extend the deadline for the exchange of old naira notes from the January 31 deadline to May 31, 2023. The Senate has also urged the CBN to open an exchange window where people that don’t have bank accounts to deposit their old notes. The […]
Continue ReadingJigawa: Traders have closed their doors due to a lack of new Naira notes
26 Jan 2023
Due to a lack of new Naira notes, some traders in Jigawa State have closed their doors. This comes after the Central Bank of Nigeria, CBN, announced that the deadline to stop using old Naira notes in Nigeria remains January 31. The CBN has set the 31st of January 2023 as the deadline for discontinuing […]
Continue ReadingSCI expresses concern about the growing number of out-of-school children in Nigeria
25 Jan 2023
Save the Children International (SCI) is concerned about the rising number of out-of-school children in Nigeria, which is expected to rise from 10.5 million to 18.5 million by 2022. Its Country Director, Famari Barro, stated in a statement issued Tuesday to commemorate this year’s International Day of Education (IDE), that according to all available records, […]
Continue ReadingTarabans complain about high food prices, while others face fuel shortages
25 Jan 2023
The rising cost of food in Taraba State’s nooks and crannies has no doubt become a source of concern for the people of the state. Some consumers who expressed concern about the current high prices of food items across the state were observed to have urged governments at all levels to intensify measures to address […]
Continue ReadingNigerian government approves a new trade union, Online Transport Workers
25 Jan 2023
The Nigerian government has granted the Amalgamated Union of App-Based Transport Workers of Nigeria a letter of approval (AUATWON). Chris Ngige, Minister of Labour and Employment, made the presentation on Tuesday in Abuja. All app-based transportation workers, online transportation services, and e-hailing drivers and operators are included in the new union. Ngige described the registration […]
Continue ReadingNAHCO ends strike
25 Jan 2023
Workers of the Nigerian Aviation Handling Company Plc (NAHCO), have called off the industrial strike they embarked upon in the early hours of Monday. This follows a communique signed by management of the company, unions’ representatives and regulatory agencies, in which it was resolved that the workers call off the action and resume work immediately. […]
Continue ReadingNYSC plans to use E-Naira for corps members
24 Jan 2023
The National Youth Service Corps, or NYSC, is planning to incorporate the E-Naira into the scheme. The NYSC will work with the Central Bank of Nigeria, CBN, to make internet money available to corps members. The platform would allow the scheme to accept payments with no risk. Habib Yusuf, CBN Deputy Director, Information Technology, announced […]
Continue ReadingJAMB registers 92,490 candidates for 2023 Examination
24 Jan 2023
Joint Admissions and Matriculation Board (JAMB) says it has registered 92, 490 candidates to sit for the 2023 Unified Tertiary Matriculation Examination (UTME). JAMB said that 67, 328 candidates had so far registered to sit for its mock examination. The board made this known in its Weekly Bulletin from the Office of the Registrar on […]
Continue ReadingCBN appeals to Akwa Ibom residents to return old currencies
23 Jan 2023
THE Central Bank of Nigeria, CBN, has made further appealed to Akwa Ibom state residents to return the old notes of N1000, N500, and N200 to the banks before January 31, 2023 when they would be phased out of circulation completely. The Deputy director of CBN, Mr. Dominic Ekanemesang, made the appeal on Sunday when […]
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