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Economy

Latest Economy News

Naira redesign: Aisha Buhari debunks ‘fake news’ shared on her social media pages

First Lady Aisha Buhari has blamed a hacker for the press release

End of Day Market Report (02/21/2023)

All the US equity indices extended their 4 day losing streak today

Asia and Euro Area Composite Purchasing Managers Index (PMI) on the Rise as the UK shrinks

The composite PMI Output Index of a country tracks the business trends

Naira scarcity may cause civil revolt – Islamic cleric warns FG

An Islamic cleric, Mohammed Ashafa, has warned the Federal Government to immediately

Naira redesign: CBN withdrew N2tn, printed N400bn – El-Rufai

The Central Bank of Nigeria (CBN) withdrew N2 trillion from circulation and

Risk Gauge (02/20/23)

On the board today we have a mix of weekly closes from

Naira scarcity: Move against CBN now – MURIC tells Buhari

Amid a protracted fiscal crisis, Muslim Rights Concern (MURIC) has advised President

Goldman Sachs Projects 25 BPS Rate Hikes Each in March, May and June 2023

In their last note, economists at Goldman Sachs are now forecasting the

End of Day Market Review (02/16/2023)

Equities It was a volatile day for US equities as the day

Naira scarcity: Old N200 to circulate for 60 days – Buhari

President Muhammadu Buhari has said that the Central Bank of Nigeria (CBN)

FULL TEXT: President Buhari’s nationwide address on naira scarcity

NATIONAL BROADCAST BY HIS EXCELLENCY MUHAMMADU BUHARI, PRESIDENT, FEDERAL REPUBLIC OF NIGERIA

CBN reveals how to report POS agents selling naira notes

The Central Bank of Nigeria (CBN) has made provisions for Nigerians to

4 Companies Set to Gain Windfalls from Valentine’s Day

According to Forbes, the amount of money expected to be spent on

Naira scarcity: Tinubu proffers 6 ways out of current situation

The presidential candidate of All Progressives Congress (APC), Asiwaju Bola Tinubu, has

Council of State asks CBN to print more naira notes or shift deadline for old notes

The Council of State has asked the Central Bank of Nigeria (CBN)

Naira swap: Why Emefiele’s CBN must obey Supreme Court order

Interim Chairman of the Alliance on Surviving Covid-19 and Beyond (ASCAB), Femi

Naira redesign: Peter Obi backs Buhari, CBN, urges Nigerians to show understanding

The presidential candidate of Labour Party (LP), Peter Obi, has expressed support

‘I’m 82; you should pray to get to my age’ – Customer slams UBA staff over cash withdrawal difficulty

An octogenarian customer of United Bank for Africa (UBA) lost his cool

Redesigned naira notes: ICPC arrests female Stanbic IBTC Bank staff over sabotage

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) says it

New naira policy ‘anti-people’ – Wike tells Buhari

The Governor of Rivers State, Nyesom Wike, has advised President Muhammadu Buhari

Naira notes scarcity: Buhari meets APC governors, asks for 7 days to decide

President Muhammadu Buhari on Friday urged citizens to give him seven days

Buhari launches 2 policies on digital economy, praises his govt’s achievements

President Muhammadu Buhari has said that the digital economy sector has been

Bank workers flee as customers threaten protest in Osun

Customers of some microfinance banks in Osun State have threatened to embark

Bank officials implicated as DSS nabs syndicates selling new naira notes

The Department of State Services (DSS) said it has arrested an undisclosed

Atiku hails CBN for naira note swap deadline extension

The presidential candidate of the Peoples Democratic Party (PDP) has hailed the

JUST IN: CBN extends old naira notes usage to Feb 10

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has

Buhari: Lekki Dry Sea Port, Imota Rice Mill Will Provide 300,000 Jobs, $200bn Economic Benefits

President Muhammadu Buhari says the newly inaugurated Lekki Deep Sea Port and

Lekki Deep Sea Port: Buhari observes historic offloading from container ship

President Muhammadu Buhari on Monday officially inaugurated the Lekki Deep Sea Port

We’ve been begging banks to collect new naira notes – CBN

The Central Bank of Nigeria (CBN) says it has been begging commercial

4 banks that have suspended dollar transactions on naira card

Why your naira card won't work for dollar transactions