Entrepreneurs count losses over scarcity of new Naira notes

Some small scale industrialists and entrepreneurs in the Federal Capital Territory (FCT), have continued to count their losses over the lingering new Naira notes scarcity. They told the News Agency of Nigeria (NAN) on Sunday in Abuja, that the situation was hurting their businesses as they continue to record low patronage. According to Dr Solomon […]

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Collapsed Building: FCT Minister orders arrest of FHA officials, developer

Collapsed building in Gwarinpa Estate, Abuja Minister of the Federal Capital Territory, Muhammad Musa Bello, has ordered the arrest of some Federal Housing Authority (FHA) officials and the developer of the two-storey building that collapsed in Abuja on Friday. No fewer that 24 persons were trapped in the collapsed building at 6th Avenue in Gwarimpa […]

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Decomposed bodies of Taraba monarch’s wives, five children recovered

The Taraba State Police Command has confirmed that the remains of the kidnapped two wives and five children of the traditional ruler of Mutum-Biyu, Justice Sani Muhammed (rtd), in Gassol Local Council have been recovered. Gunmen recently stormed the monarch’s residence in Jalingo, and kidnapped his wives and children. Since the abduction, their whereabouts remained […]

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New Naira shortage triggers increased digital banking

Customers Move Funds From Traditional Banks PoS Charges Inch Toward 50% Monetary Experts Demand Further Deadline Extension For Old Notes Say Targeting Politicians Ill-advised CBN Tasked On Expanding New Notes Distribution To MFBs Amid the growing hardship that the Central Bank of Nigeria (CBN) naira redesign policy has inflicted on Nigerians, monetary and economic experts […]

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Fuel, currency crises: Akeredolu, Ohanaeze, others warn Buhari

Ohanaeze Ndigbo Youths warn against looming crisis NANS threatens total shutdown, challenges NLC, TUC to speak up Northern Coalition wants reversal A few days after the Kaduna State Governor, Nasir el-Rufai, blamed some persons he described as the “fifth columnists” for the persistent fuel and naira scarcity in the country, Chairman of the Southern Nigeria […]

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