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NAFDAC says noodles produced in Nigeria free of Ethylene Oxide

The National Agency of Food Drugs (NAFDAC) on Thursday said that noodles produced in the country did not contain Ethylene Oxide or its metabolism. Prof....

Old Naira : Economists urge CBN to comply with apex court’s ruling

Some economists have urged the Central Bank of Nigeria (CBN) to comply with the Supreme Court’s ruling, making the old Naira notes to remain...

Supreme Court rules old naira notes remains valid till December 31

The Supreme Court has ruled that old N200, N500, N1,000 notes remain in circulation till December 31, 2023. The apex court which gave the order...

Buhari explains why he approved naira redesign

President Muhammadu Buhari has apologized to Nigerians over the naira redesign policy. According to him, it wasn’t introduced to cause hardship, but to boost the...

CBN announces tenure limit for bank MD, DMDs, EDs

The Central Bank of Nigeria (CBN) has announced a tenure limit for Executive Management and Non-Executive Directors of banks and financial institutions. The directive takes...

Naira Swap: Bank associations pledge availability of cash

Three financial associations have assured that the Central Bank of Nigeria (CBN) and commercial banks would do everything possible to ensure availability of the...

National Council of State endorses Currency Redesign Policy

The National Council of State has endorsed the currency redesign policy introduced by the Central Bank of Nigeria (CBN). It however advised that the CBN...

CBN suffers set back as Supreme Court puts naira notes deadline on hold

The Supreme Court of Nigeria has restrained the Federal Government from implementing the February 10 Deadline for the old 200, 500 and 1000 naira...

Naira Crisis: Buhari meets leadership of Governors Forum, Emefiele

President Muhammadu Buhari on Tuesday met with the leadership of the Nigeria Governors Forum (NGF) and the Governor of the Central Bank of Nigeria...

Naira scarcity hits Zaria, passengers stranded as drivers reject money transfer

Daily Review (Thursday): Residents of Zaria, Samaru and key settlements around the ancient city have decried the persistent scarcity of new naira notes as...

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