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Council of State supports new cash policy

The National Council of State, on Friday, in Abuja backed the central bank’s new naira policy. This was as it advised the President, Major General...
Money Talks

Dollar (USD) to Naira Black Market Rate Today 9th February, 2023

Today’s Dollar to Naira Black Market Rate The Central Bank of Nigeria (CBN) has told people who want to buy or sell foreign currency to...
International

What happened after India eliminated cash

In 2016, the Indian government abruptly wiped out most of the nation’s currency in hopes of ending black money and curbing corruption. Has the...
Money Talks

Cash, fuel scarcity: Lagos govt reduces transport fare by 50%

The Lagos State Government on Wednesday announced a 50 per cent cut in fares on all government-owned transportation system. Gov. Babajide Sanwo-Olu made the announcement...
Business

Bank workers threaten to shut down over attacks

The National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE) has threatened to withdraw the services of its members nationwide, following attacks on...
Money Talks

Banks close down over customers’ protests in Kogi

Some commercial banks in Kogi closed down on Wednesday when customers staged peaceful protests over their inability to access money for daily use. The News...
Business

Jaiz Bank makes record profit in 2022

Jaiz Bank, the premier non-interest bank in Nigeria, recorded a N6.67 billion profit before tax at the close of its 2022 operation year. The figure,...
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