News

We didn’t receive court order not to strike – TUC

Labour leaders – Festus Osifo of TUC and Joe Ajaero of NLC The President of the Trade Union Congress (TUC), Festus Osifo has denied receiving any court order stopping the Organised Labour from embarking on the ongoing nationwide strike that began on Tuesday. According to Osifo, once the unions receive a court order …

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CBN extends use of old Naira notes indefinitely 

Old naira notes   The Central Bank of Nigeria (CBN) has extended the use of old Naira notes indefinitely and beyond the December 31, 2023 deadline set by the Supreme Court. Isa AbdulMumin, Director, Corporate Communications, CBN, in a statement on Tuesday, said Nigerians should recall that the apex bank introduced …

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Exchange rate: NECA, experts disagree on FG’s target

Against the backdrop of  indications that the Federal Government is putting in place measures to achieve exchange rate target of N500-N600/$1, while reorganising the banking sector, various private sector institutions and financial experts have expressed divergent views over the feasibility and the benefits of the goals. They however, advised government …

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