CBN
Just In: President Tinubu Suspends Emefiele As CBN Governor
President Bola Ahmed Tinubu has suspended the Central Bank Governor, Mr Godwin Emefiele, CFR, from office with immediate effect. This is a sequel to the ongoing investigation of his office and the planned reforms in the financial sector of the economy. According to Willie Bassey,, Director, Information who sign the statement on behalf of the Secretary to the Governme…
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Second-Hand Clothes
Nigerians React as Customs Moves To Ban Second-Hand Clothes (Okrika)
The Customs Service has announced its intention to place a ban on the sale of second-hand clothes popularly called Okrika in Nigeria. During a recent interview, a Customs Service spokesperson said that the sale of Okrika clothing is injurious to the country. He said: “Okrika clothes are injurious to the health of the nation. That is why government deem it fit that it…
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uber driver
Uber, Bolt Drivers Begin Nationwide Strike Today Over Fuel Hike
The Amalgamated Union of App-based Transport Workers of Nigeria, which represents drivers on the platforms of e-hailing companies such as Uber and Bolt, has announced that a nationwide protest will begin today (Wednesday). It intended to discontinue its drivers’ services from the broader public today. After the hike in the price of Premium Motor Spirit, the drivers d…
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Nigeria Air
House of Rep Ask FG to Suspend Nigeria Air
The House of Representatives Committee on Aviation has asked the government to suspend the establishment of Nigeria Air. The committee reached this resolution on Tuesday following an investigative hearing on the airline. The former Minister of Aviation Hadi Sirika had recently launched the airline shortly before exiting office. However, at the hearing, the committee …
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naira redesign policy
President Tinubu Pledges to Revisit Redesign of New Naira Notes Policy
Nigeria’s President, Bola Tinubu has pledged to revisit the naira redesign policy of the Central Bank of Nigeria (CBN). Tinubu, who said this on Monday in his inaugural speech in Abuja said that his administration would treat both the old and the new Naira notes as legal tender. He said that the policy was harshly applied by CBN, given the number of unbanked Nigerian…
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Telecom Services
“No More *556#": MTN, Airtel, Glo, 9Mobile, NCC Announces Single Codes for Data, Airtime, 11 Other Telecom Services
Nigeria's major telecommunications companies, including MTN, Airtel, Glo, and 9mobile, will implement a harmonised set of shortcodes for all telecommunications services from May 17, 2023. The move, directed by the Nigerian Communications Commission (NCC), means all mobile network operators will now use the same code for services. NCC mandated all telecommunicati…
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