Breaking NEWS: Naira Devalues at Official Rate of 640 per dollar, CBN Denies

CBN Denies Naira Devalue

The Nigerian naira has further declined to 640 per dollar at the official CBN rate, while the black market rate still hovers around 700-750 per dollar. This is coming barely 24hours the naira was sold at N461.6 per dollar at Importers and Exporters (I&E) window the previous day.    Daily

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Buhari Approves Appointment of Oluwatoyin Sakirat Madein as new Accountant General of the Federation

Oluwatoyin Sakirat Madein

The president of Nigeria, Gen. Muhammadu Buhari has approved the appointment of Oluwatoyin Sakirat Madein as Accountant General of the Federation (AGF), with immediate effect. The approval of her appointment was contained in a circular by the Head of the Civil Service of the Federation, Dr. Folasade Yemi-Esin, dated 19th

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POS Operator Raises Alarm and Warns Nigerians Over the Fakes of the Newly Designed Naira notes That are in Circulation (Video)

POS Operator Raises Alarm and Warns Nigerians Over the Fakes of the Newly Designed Naira notes That are in Circulation

A Nigerian man has warned Nigerians to be on the alert as fake new ₦1000 notes are being circulated by criminals.   In a video shared online, the man said the money was given to his wife who runs a POS business so he decided create the awareness for Nigerians

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Banks to Start Giving out the Newly Redesigned Naira on December 15 — FGN (Video)

Newly Redesigned Naira Notes to go into Circulation on December 15

The newly redesigned naira notes will go into circulation today, December 15. Recall that the governor of the Central Bank of Nigeria, Godwin Emefiele, had in October announced that the apex bank would release re-designed N200, 500 and N1000 naira notes by December 15, 2022. He stated that the old

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Bundle of Rotten and Decayed Cash Causes Stir Online (Video)

Bundle of Rotten and Decayed Cash

Bags of damaged Naira notes have been discovered weeks after CBN announced and unveiled newly re-designed ₦200, ₦500 and ₦1000 notes.   In a video that is making the rounds on social media, naira notes that have apparently been damaged due to moisture could be seen in the bags. Watch

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There’ll be “no Extra Deadline” for old Naira note After January 31, 2023 — CBN Governor, Godwin Emefiele warns

CBN Governor Godwin Emefiele

The Central Bank of Nigeria, CBN, Governor, Godwin Emefiele has said it won’t change January 21, 2023 deadline for the new naira notes. Emefiele stressed that the January 21, 2023 deadline is final.   “No, we will not shift any deadline, what we have done is not against the law;

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Nigeria is Currently Broke and have no Penny — Minister of Labour and Employment, Dr. Chris Ngige

Chris Ngige

Dr Chris Ngige, the Minister of Labour and Employment, has come out to say that the country is broke and doesn’t have nay money to afford for 2023 budget. The Minister mentioned this while speaking at the 2022 World Day Against Child Labour.   The former Anambra state governor added

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Watch Throwback Video of Late Prophet TB Joshua saying That Naira Will Rise To ₦650/$1

Late Prophet TB Joshua

Netizens have dug up and re-shared a video of Late Prophet TB Joshua, the founder of Synagogue Church of all Nations, SCOAN, where he was revealing a prophesy he revealed in 2019, saying that Naira will Rise to ₦650/$1.   In the video which was recorded in 2017, Late Prophet

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Airline Operators of Nigeria (AON) Announces Shutdown After Aviation fuel hits ₦700

Airline Operators of Nigeria AON Announces Shutdown After Aviation fuel hits ₦700

Airline Operators of Nigeria, (AON), has announced that they will be shutting down all operations after Aviation fuel hit and all time high of ₦700/ltr. The AON announced they will stop working ad from Monday, 9th May, 2022.   The announcement was made in a letter written by AON President,

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Central African Republic Adopts Bitcoin as a Legal Tender Months After El Salvador

Central African Republic Adopts Bitcoin as a Legal Tender Months After El Salvador

The Central African Republic has voted to to started accepting a popular digital unit of currency not as Bitcoin, as formally recognized  means of exchange and legal   The lawmakers of the country of about 5m people voted to the adoption bitcoin as legal tender. The Central African Republic, CAR,

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Elon Musk Named Richest Man Ever Lived, by Forbes, After Giving Jeff Bezos a gap of over $100 billion

Elon Musk

Tesla CEO, Elon Musk, has been named “The Richest Man Ever” by Forbes, an American business magazine owned by Integrated Whale Media Investments and the Forbes family.   The SpaceX ceo was named the “The Richest Man Ever”, by the financial stats publication, after he grossed a total net worth

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