The National Agency for Food and Drug Administration and Control says products worth over N326m were destroyed at Lafia, Nasarawa State. NAFDAC made this known on Thursday evening in a post on its official Twitter handle, @NafdacAgency. The agency tweeted, “Today, products worth N326,833,592.80 were destroyed at the North-Central destruction …
Read More »Buhari Extends Validity Of Old N200 Notes By 60 Days
President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) to allow only the old N200 remain legal tender until April 10, 2023, in order to improve currency circulation in the country. The President, in a State of the Nation address on Thursday, said the extension of the validity …
Read More »Confidence of Manufacturing companies’ CEOs in Nigeria’s economy drops
According to the report, the decline underscores the persistent challenges and waning confidence of manufacturers in the economy in the fourth quarter of 2022. The Manufacturers CEO’s Confidence Index (MCCI) for the fourth quarter of 2022 has dropped to 55.0 points from the 55.4 points recorded in the third quarter …
Read More »Naira swap: Supreme Court says old naira notes still remain legal tender as order is still valid
The Supreme Court on Wednesday affirmed that its order which temporarily barred the Federal Government and the Central Bank of Nigeria (CBN) from enforcing its February 10 deadline for the swapping of the old naira notes with the newly redesigned naira notes is still valid. The apex court maintained its …
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