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Category: Economy

Business Economy

Naira Redesign: Buhari officials seeking out of court settlement, El-Rufai alleges

Iheanyi Ejiofor February 15, 2023 No Comments #Naira redesignEl-Rufai

Our reporter| Governor Nasir El-Rufai of Kaduna state has alleged that some Federal Government officials are seeking out-of-court settlement over the controversy trailing the naira redesign by the Central Bank…

Read More Naira Redesign: Buhari officials seeking out of court settlement, El-Rufai alleges
Business Economy

Buhari to extend validity of old naira notes till April 10 – Report

Iheanyi Ejiofor February 15, 2023 No Comments #Buhari#extension#old naira notes

President Muhammadu Buhari is considering extending the validity of old naira notes by 60 days, TheCable understands, according to TheCable report. This is to avoid disobeying the order of the…

Read More Buhari to extend validity of old naira notes till April 10 – Report
Business Economy headline

Old naira notes remain legal tender, says supreme court

Iheanyi Ejiofor February 15, 2023 No Comments #legal tender#old naira notes#Supreme court

Our reporter/ The supreme court on Wednesday reiterated it’s earlier ruling to the effect that the old Naira note is still a legal tender. Following the adjournment of the hearing…

Read More Old naira notes remain legal tender, says supreme court
Business Economy headline

Nigeria’s inflation rate rises to 21.82%

Iheanyi Ejiofor February 15, 2023 No Comments #Consumer Price Index#Inflation #rate

Our reporter/ The consumer price index (CPI), which measures the rate of change in prices of goods and services, surged to 21.82 percent in January 2023, up from 21.34 percent…

Read More Nigeria’s inflation rate rises to 21.82%
Business Economy headline

Supreme court adjourns Naira swap case till Feb 22

Iheanyi Ejiofor February 15, 2023 No Comments #Naira swap#Supreme court

Our reporter/ The Supreme Court of Nigeria on Wednesday adjourned the much anticipated case on the naira swap policy of the Central Bank of Nigeria (CBN) till Wednesday, February 22…

Read More Supreme court adjourns Naira swap case till Feb 22

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