The Central Bank of Nigeria (CBN) says customers should demand new naira notes from their respective banks and reject dirty ones. Speaking in an interview with NAN in Lagos on…
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Category: Economy
Atiku’s exchange rate policy recipe for disaster- Emefiele
Nigeria’s Central Bank Governor, Godwin Emefiele has warned that the Peoples Democratic Party (PDP) presidential candidate’s suggestion that the exchange rate should be free float is a recipe for disaster.…
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House of Representatives outlaws estimated billing
Ebun Francis| The house of representatives on Tuesday passed a bill seeking to criminalise estimated billing in the country, among other things. The house passed the bill after considering the…
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CBN retains rate for 15th consecutive time
Ebun Francis| The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has retained the monetary policy rate, which determines interest rate, at 14%, for the 15th consecutive…
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BREAKING: NLC rejects N27,000 minimum wage
The Nigeria Labour Congress has rejected the N27,000 new national minimum wage adopted by the National Council of States on Tuesday. The NLC Secretary-General, Dr. Peter Ozo-Eson, made this known…
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