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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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 […]

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Jigawa: 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 […]

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SCI 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, […]

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Tarabans 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 […]

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Nigerian 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 […]

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