FG Spent N12.87trn in 2022 – Minister
The Federal Government said it spent N12.87 trillion against the N17.126 trillion budgeted for 2022 as at Nov. 30, 2022. Mrs Zainab Ahmed, Minister of Finance, Budget and National Planning, said this at the Public Presentation and Breakdown of the…
Buhari Signs N21.83trn 2023 Budget Into Law
President Muhammadu Buhari on Tuesday in Abuja signed the 2023 Budget of N21.83 trillion and the 2022 Supplementary Appropriation Bill into law. The News Agency of Nigeria (NAN) reports that the 2023 budget is the last to be prepared by…
How To Identify Fake N200, N500 And N1,000 Naira Notes
The Central Bank of Nigeria (CBN) has released detailed public security features of the new N200, N500 and N1,000 banknotes that can help identify fake naira notes otherwise called counterfeit naira. Since President Muhammadu Buhari on Wednesday, November 23, 2022…
Cash Limits: CBN Clears the Air On Bulk Withdrawals For PoS Operators, Others
The Central Bank of Nigeria (CBN) has countered claims that its new policy limiting cash withdrawals is targeted at point-of-sales (PoS) agents in particular. Though the apex bank, on December 6, set the weekly withdrawal limit at N100,000 and N500,000…
CNPP, CSOs Say Naira Redesign, Cashless Policy Buhari’s Anti-corruption Legacy
… Urge National Assembly To Cooperate with CBN On Cash-less Policy Conference Of Nigeria Political Parties (CNPP) and civil society organisations (CSOs) under the aegis of Coalition Of National Civil Society Organisations (CNCSOs) have commended President Muhammadu Buhari for standing…
Cash Withdrawal Limit: Nigeria Has Over 1.4m Mobile Banking Operators – Emefiele Reveals, Says No Going Back Cashless Policy
Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, on Thursday, said there are about 1.4 million super agents (mobile banking operators including POS agents) in the country for Nigerians to patronise for business transactions. Emefiele said this while…
Political Parties Tackle Critics Of New CBN Withdrawal Limits, Say Emefiele Is Hero Of Democracy
… As CNPP Says Getting Nigerian Leadership Right Is Worth Every Sacrifice Conference Of Nigeria Political Parties (CNPP) has said that critics of the new cash withdrawal limits imposed by the Central Bank of Nigeria (CBN) are missing the key…
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…