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HURIWA Knocks CBN Over Cash Withdrawal Limits

…Says Withdrawal Limits for PoS Terminals Will Lead To Job Loss Prominent civil rights advocacy group, Human Rights Writers Association of Nigeria (HURIWA), on Wednesday, criticised the Central Bank of Nigeria over its weekly cash withdrawal limits, saying the measure…

How NCMMRD Helped In Realization of Buhari’s Economic Diversification Agenda – Akinlade

The Permanent Secretary, Ministry of Mines and Steel Development, Dr. Oluwatoyin Akinlade has stated that the annual meetings of the National Council on Mining and Mineral Resources Development (NCMMRD) has helped realize the Mandate on economic diversification of the President…

Why I Approved Redesign Of Naira Notes – President Buhari Explains At Unveiling Of Redesigned ₦‎200, ₦‎500, ₦‎1000 Banknotes

President Muhammadu Buhari on Wednesday in Abuja launched the new Naira banknotes, expressing delight that the redesigned currencies are locally produced by the Nigerian Security Printing and Minting (NSPM) PLC. Speaking at the launch of the new banknotes, which preceded…

BREAKING Buhari Unveils Redesigned Naira Notes

President Muhammadu Buhari has unveiled the redesigned naira notes of N200, N500 and N1000 at the Council Chamber of the Presidential Villa Abuja on Wednesday. The News Agency of Nigeria (NAN) reports the unveiling of the naira notes preceded the…

Northern Patriots Urge Buhari To Disregard Calls For Sack of Emefiele Over Naira Redesign

… Wants CBN To Make Redesigned Naira notes Expirable On Given Date An amalgamation of patriots in Northern Nigeria under the aegis of Coalition Of Northern Patriots For National Reorientation has called on President Muhammadu Buhari to ignore calls for…

Nigeria Poverty Index: PROMAD Blames Governments’ Budgets Without Needs Assessment For Nigeria’s Poverty

PROMAD Foundation, an Abuja-based civic-tech non-profit organisation, has said that the practice of making the government annual budget without quality needs assessment to harness citizens’ voices is responsible for the high poverty rate in the country. This was made known…

Scope Ratings Publishes 1st Sovereign Credit Rating In Africa

Scope Ratings, the European credit rating agency, has published its first sovereign credit rating of Africa, with a credit assessment of the Republic of South Africa (rated BB+ with Stable Outlook). “The rating of South Africa marks Scope’s first public…

FIRS Opens 25 New Satellite Tax Offices Across Nigeria

… Officially Launches, Micro And Small Tax Office, Epe, Lagos The Federal Inland Revenue Service (FIRS), has announced the opening of 25 new Tax Offices across the country. According to a statement signed by the Special Assistant to the Executive…

HURIWA Asks FG To Remove Outrageous Excise Duty, Declare National Economic Emergency On Rising Food Prices

…Says Nigerian Economy Crumbling Under Buhari …Faults CBN’s Naira Redesign As Contributory Factor Prominent civil rights advocacy group, Human Rights Writers Association of Nigeria (HURIWA), on Wednesday, asked the Federal Government to remove multiple taxation and the 10 per cent…

Lagos Lawmakers Summon State’s Top Officials Over Demolition Plot As 2023 Appropriation Bill Scales Second Reading

Members of the Lagos State House of Assembly have read for the second time the Appropriation Bill for 2023 presented by Governor Babajide Sanwo-Olu recently. With the Bill scaling the second reading, Speaker of the House, Rt. Hon. (Dr) Mudashiru…

In Ambush of Vote Buyers, Ransom Takers, CBN Voids Naira Notes by End of January

In an apparent move to tackle vote-buying and control the amount of money in circulation, the Central Bank of Nigeria (CBN) yesterday announced a redesign of the currency in the variation of N200, N500 and N1,000. But, according to report…