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Just four days after gunmen kidnapped 15 members of the National Youth Service Corps (NYSC) in the same community on Tuesday, they killed three police officers working with the governor of Delta State, Dr. Ifeanyi Okowa, at Iseke in the…

At the weekend, the newly elected executive council of the Ladipo International Spare Parts Market's Aguiyi Ironsi section was sworn in with a mandate to unite all traders for the market's growth and development. The new exco, led by…

Yesterday, Mr. Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), informed the Diplomatic Corps that it was unnecessary to extend the February 10 deadline for the distribution of the redesigned N200, N500, and N1,000 notes.…

Afenifere, a pan-Yoruba political organization, urged President Muhammadu Buhari on Tuesday not to try to impose an Interim National Government on Nigerians. Mr. Jare Ajayi, Afenifere's National Publicity Secretary, stated in a statement…

In January 2023, Nigeria's oil production increased by 1.9% month-over-month to 1.258 million barrels per day (mb/d), up from 1.235 mb/d in December 2022. Condensate is not included in the data. However, the Organization of Petroleum…

The Central Bank of Nigeria (CBN) has released emergency telephone numbers to the public to officially report erring Point of Sales (POS) agents selling new naira notes and those selling charging exorbitantly for withdrawal. The Director,…

Peter Obi, the Labour Party's presidential candidate, stated that he went to the markets as part of his campaign to emphasize converting Nigeria from a consumption to a production nation, as functional markets continue to be the foundation.…

Femi Falana, a human rights lawyer, has criticized the Central Bank of Nigeria (CBN) for not complying with the interim injunction issued by the Supreme Court suspending the implementation of the February 10 deadline when the old Naira…

The National Bank of Nigeria has demanded that old N200, N500 and N1,000 notes are at this point not lawful delicate regardless of a High Court request banning the pinnacle bank from executing the February 10 termination date for the old…

By Babajide Komolafe, Fortune Ayanfeoluwa and Samuel Oyadongha Johnbosco Agbakwuru, LAGOS Notwithstanding the High Court request broadening the cutoff time for the old naira notes till Wednesday this week, banks yesterday quit tolerating…