News

File photo: Scene of Air Force jet crash Passengers onboard a Nigerian Air Force jet, on Monday, crash-landed at the Murtala Muhammed International Airport, Lagos. A source said the aircraft crash-landed on Runway 18R at the airport on Monday. Reports said there were six people on board and that there …

Old and Redesigned N1,000, N500 and N200 Notes The governments of Kaduna, Kogi, and Zamfara States have asked the Supreme Court to restrain the Central Bank of Nigeria from implementing its naira redesign policy which fixed February 10 as the deadline for the use of old notes. The suit was …

ACAMB empathizes with the Nigerian public on the unintended hardships being faced in the process of the ongoing rollout of re-designed naira notes and enhanced cashless policy. There is no doubt that the unintended constraints in the withdrawal of old naira notes and circulation of new naira notes, alongside the …

The abrupt collapse of one of Nigeria’s foremost commercial banks, Afribank Nigeria Plc, is not unconnected to mismanagement, crime and alleged fraud. The French investors’ bank was established in 1959 and operated as commercial bank, real estate, and insurance broker. It had over 250 branches nationwide and rated in Nigeria’s …

Scene of the building collapse (Photo: Dennis Naku) Three people are presumed dead and others are missing after a building under construction caved in along Isi Ewu Road in Nbodo Community, Ikwerre Local Government Area, Rivers State. Olufemi Ayodele, Public Relations Officer of the NSCDC, Rivers State Command, confirmed the …

Governor Seyi Makinde of Oyo State Governor Seyi Makinde has suspended his campaign activities until further notice over unending fuel and new naira-note crisis in the state. Makinde, whose campaign trail had visited some parts of the state, announced the suspension of his campaign activities at the flag off of …

New N1,000, N500 and N200 Notes Issued By the Central Bank Of Nigeria The All Progressives Congress (APC) governors on Friday appealed to President Muhammadu Buhari to allow both the old and new naira notes to co-exist as the new notes have been insufficient. The governors made the plea in …

University Of Benin The management of the University of Benin (UNIBEN) has reacted to a violent incident involving students of the institution and Nigerian soldiers. On Thursday, some soldiers attached to the Army Supply and Transport (S & T) Barracks, Ugbowo, Benin City, clashed with some students while attempting to …

…says queues at ATMs will disappear soon The Central Bank of Nigeria (CBN), has directed deposit money banks to pay a maximum of N20,000 of new naira notes per day over the counter (OTC), to each bank customer, just as it vowed to go after those selling and abusing the …

Rotimi Akeredolu, governor of Ondo, has asked the federal government to allow states to fix the salaries and allowances of their public officials. Akeredolu spoke on Wednesday at the zonal public hearing on the review of the 2008 remuneration package for political, public, and judicial office holders organised by the …