Tag: naira

spot_img

Naira for Crude: NNPC supplies 48m barrels to Dangote Refinery

NNPC Limited yesterday disclosed that it has supplied 48 million barrels of crude oil to Dangote Refinery under the crude for Naira agreement facilitated by the Federal Government last year. The post Naira for Crude: NNPC supplies 48m barrels to Dangote Refinery appeared first on Vanguard News...

Naira Depreciates By 0.3% At Official Market 

News Investigators/ The Naira recorded a slight loss at the official market on Wednesday, trading at N1,539.39 per dollar. Data from the Central Bank of Nigeria (CBN) showed that the Naira closed the trading session at N1,539.39 to the dollar. This represents a slight loss as the local currency traded on Tuesday at N1,534.16 per

Old Naira Notes: Edo traders happy over CBN’s compliance with court judgment

NAN checks at different banks, markets, motor parks, and supermarkets showed that the old N500 and N1,000 are accepted by traders and businessmen as legal in the state...

New Naira Notes: We Have No Information On The Supreme Court Ruling – CBN

For the second time since the Supreme Court ruled that the old N200, N500 and N1,000 notes will remain legal tender until December 31, the Central Bank of Nigeria (CBN) has refused to speak on the judgement. On Saturday, an official of the CBN told The Nation that the communications department has not been informed

Naira Scarcity: Commercial s£x workers decry low patronage

Some commercial sex workers in the Federal Capital Territory (FCT), have decried low patronage in their business due to the scarcity of Naira notes. Some of them who spoke to the News Agency of Nigeria (NAN) in Abuja on Sunday, said the scarcity of the notes was a threat and had crippled their businesses...

Naira redesign: Buhari directs CBN to recirculate old N200 bills 

… Says N500, N1000 notes no longer legal tender Obiora Ifoh, Abuja President Muhammadu Buhari in a nationwide broadcast, Thursday has given approval to the Central Bank of Nigeria CBN to put back into circulation the old N200 currency earlier withdrawn. According to the president, this order was to help ameliorate the sufferings being witnessed

Naira: CBN allows over-the-counter withdrawals, PoS operators charge 10%

Mr Godwin Emefiele, Governor, Central Bank of Nigeria (CBN) has directed commercial banks to begin the payment of the redesigned naira notes over the counter. [...] The post Naira: CBN allows over-the-counter withdrawals, PoS operators charge 10% appeared first on National Accord Newspaper...

Fuel crisis, naira redesign ploy to discredit me – Tinubu

Ahmed Bola Tinubu, the presidential candidate of the ruling All Progressives Congress (APC) has accused a cabal within President Muhammadu Buhari-led Federal Government of sabotaging the party by creating unnecessary hardships with naira re-design and fuel crisis weeks to the 2023 general election. Tinubu, who spoke in Yoruba language at the APC Presidential Campaign rally

Newsletter

Don't miss

What Workplace Injuries Really Cost Your Business (It’s More Than You Think)

Opinions expressed by Entrepreneur contributors are their own. Key Takeaways The highest costs of workplace injuries are often indirect — not medical bills or insurance claims, but lost productivity, higher premiums, hiring and training replacements and operational disruptions. Workplace injuries can damage company culture and reputation. Safety incidents can lower employee morale, increase turnover and

World Cup final is already the biggest ever prediction market as Kalshi bets top $1.27 billion—with Spain favored to beat Argentina

The World Cup is driving record-breaking activity on prediction markets, with popular platforms Kalshi and Polymarket reporting their highest trading volumes to date. Just days ahead of Sunday’s final, the Argentina–Spain contract has become the single largest market in the platforms’ history, while overall World Cup trading has outpaced other major sports-related contracts. According to

The AI Gold Rush Is Driving an Energy Crisis. Here’s What Every Business Needs to Know.

Opinions expressed by Entrepreneur contributors are their own. Key Takeaways AI is consuming more power than most businesses realize. A standard enterprise server rack draws roughly 5-10 kilowatts. An AI-optimized rack running GPU clusters can pull 40-100 kilowatts or more. Energy costs flow downstream, and so do supply chain constraints. For any business that relies

Amazon just beat Starlink to a market Musk can’t crack

Please enable JS and disable any ad blocker

She Retired From Engineering at 58 and Turned Her Creative Hobby Into a Business. It’s Made Tens of Thousands of Dollars: ‘No Regrets.’

Key Takeaways Hudick began to explore her passion for design at a jewelry-making class in 2006. She honed her craft over the years, and friends suggested she start to sell her pieces. Now retired as an engineer, she’s focusing on the business and teaching workshops. In 2024, Anna Hudick, then 58 years old, retired from