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Abuse The Naira And Go To Jail – CBN Warns

The Central Bank of Nigeria, CBN, warned yesterday in Abuja that those abusing the naira were liable to go to jail, noting that the law banning the “spraying’’ and the stepping on the naira, especially at social gatherings is still in force and offenders are liable to six months imprisonment ...

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We have enough fuel in stock–NNPC

Against the increasing fuel scarcity across the country, the Nigerian National Petroleum Company Limited (NNPC Ltd) says it has two billion litres of Premium Motor Spirit (PMS), popularly known as petrol, in stock. In a statement on Thursday, Mr Adeyemi Adetunji, Executive Vice President, ...

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TCN plans to add over 98MW to national grid

The Transmission Company of Nigeria, TCN, has disclosed plans to add over 98 megawatts to the national grid. This is coming as TCN energized a new 2X60MVA, 132/33kV Gas Insulated Substation (GIS) at Gwarinpa, Abuja recently. TCN’s general manager of public affairs, Mrs Ndidi Mbah stated this in ...

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The new Naira notes will be unveiled tomorrow

Godwin Emefiele, the Governor of the Central Bank has confirmed that President Muhammadu Buhari will unveil the designed Naira notes tomorrow Wednesday, November 23, 2022. Emefiele announced this during the Central Bank’s Monetary Policy Committee monthly meeting in Abuja. Recall that Emefiele ...

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