BREAKING: President Tinubu Speaks On When Subsidy Removal Will Take Effect
The Asiwaju Bola Ahmed Media Centre has explained the announcement of the removal of the fuel subsidy by President Bola Tinubu on Monday. The Centre, in a statement, urged the…
No Plans To Phase Out Redesigned Naira Notes – CBN
The Central Bank of Nigeria (CBN) said no plans to phase out the redesigned Naira notes from circulation. CBN’s Acting Director, Corporate Communications Department, Isa AbdulMumin, made this known in…
Anxiety As FG Insists on Removal of Fuel Subsidy In June
There is anxiety in Nigeria has Federal Government has insisted that the payment for fuel subsidy will come to an end in June, 2023. A statement from the Federal Ministry…
Fuel Subsidy Removal: There Is A Lot To Put In Place – FG
With barely two months to the proposed removal of fuel subsidy on Premium Motor Spirit (PMS) otherwise known as petrol, the federal government has said it is putting in place…
FG Commences Registration Of Jobless Persons In Lagos
The Federal Government, through the National Directorate of Employment, NDE, yesterday, began the registration of unemployed persons in the 20 local government areas of Lagos State. NDE state office in…
BREAKING: Emefiele Meets Bank Executives On Old N200 Note
Hours after President Muhammadu Buhari informed of government’s decision to allow the old N200 note remain legal tender for 60 more days, Governor of the Central Bank of Nigeria (CBN)…
Naira Scarcity: Buhari Under Heavy Attacks For Disobeying Supreme Court On Cash Swap
President Muhammadu Buhari has came under heavy attacks on Thursday hours after his national broadcast on the cash crisis swap. Lawyers and public commentators berated the President for ordering the…
Full Text Of President Buhari’s Address
NATIONAL BROADCAST BY HIS EXCELLENCY MUHAMMADU BUHARI, PRESIDENT, FEDERAL REPUBLIC OF NIGERIA ON THE CHALLENGES OF THE CURRENCY SWAP AND STATE OF THE NATION, ON 16th FEBRUARY, 2023 My Dear…
BREAKING: Nigeria At Risk Of CBN-Induced Recession Over Naira Swap – NGF
The Nigeria Governors’ Forum (NGF) has revealed that the country is at risk of recession which will be the result of the naira exchange policy of the Central Bank of…
BREAKING: Nigerians Won’t Lose Old Notes After Deadline – CBN
The Central Bank of Nigeria(CBN) has bowed to the demand of the House of Representatives for a gradual phase-out of the old naira notes. Its Governor Godwin Emiefele, who appeared…
BREAKING: Buhari Extends Deadline For Old Naira Notes Swap
President Muhammadu Buhari has approved the Central Bank of Nigeria’s (CBN) request for the extension of the deadline for swapping of old Naira notes to the redesigned ones. A seven-day…
Senate, Rep Beg CBN To Extend Deadline For Old Naira Notes
The Senate has once again asked the Central Bank of Nigeria (CBN) to extend the deadline for the stoppage of the use of old naira notes from January 31 till…
Aregbesola Seeks Mobilising Young Nigerians To Productivity
The Minister of Interior, Ogbeni Rauf Aregbesola has revealed that if half of Nigerians in their productive age are mobilized for productivity, the scourge of underdevelopment will be a thing…
DMO Clears Air On N77trn Debt
The Debt Management Office (DMO) on Tuesday explained that the Total Public Debt Stock, that is the External and Domestic Debt of the Federal Government, which it recently would be…
Cash Withdrawal Limit Begins Today – CBN
The Central Bank of Nigeria’s policy has revealed that the restriction on daily cash withdrawal takes off across the country today, Monday, January 9. The maximum weekly limit for cash…
Legal Luminary, Afe Babalola Seeks Setup Of Committee To Tackle Nigeria’s External Debts
Legal luminary Aare Afe Babalola has called on Federal Government to set up a committee for immediate payment of a substantial part of the external debt owed by the country.…
BREAKING: President Buhari Signs 2023 Budget
President Muhammadu Buhari has signed into law the 2023 Appropriation Bill with a total aggregate expenditure N21.83 trillion ADULAWO NEWS report that the budget is the eight and last of…
BREAKING: CBN Increases Weekly Cash Withdrawal Limit For Individuals
The Central Bank of Nigeria (CBN) has increased the maximum weekly limit for cash withdrawals across all channels by individuals and corporate organisations to N500,000 and N5 million, respectively. The…
Withdrawal limit: CBN Writes Reps, Says Emefiele Having Health Challenges
The Central Bank of Nigeria, CBN, has disclosed that Governor Godwin Emefiele will not be able to brief the House of Representatives because of health challenges. The apex bank in…
World Bank Raises Alarm Over Economic Effects Of Naira Redesign
The World Bank has expressed concern over the economic impact of the recent naira redesign on Nigerian households and businesses. ADULAWO NEWS reports that the newly designed N1,000, N500 and…