Niaja News

Currency outside banks rises 119% as banks’ reserves up 79%
Breaking NewsBusinessNewsNiaja News
nuus.ng reporters

Currency outside banks rises 119% as banks’ reserves up 79%

Peter Egwuatu Currency outside banks in Nigeria more than doubled in three years, rising by 119.3 per cent between August 2023 and August 2026, according to the Central Bank of Nigeria, CBN’s Money and Credit Statistics. The amount of currency outside the banking system increased to N4.874 trillion in August 2026, from N2.223 trillion in […]

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NDC set to inaugurate presidential campaign as Obi, Kwankwaso secure say on key appointments
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nuus.ng reporters

NDC set to inaugurate presidential campaign as Obi, Kwankwaso secure say on key appointments

Nigeria Democratic Congress (NDC) said on Monday it is in advanced consultations to constitute and inaugurate a Presidential Campaign Council, with presidential candidate Peter Obi and running mate Rabiu Musa Kwankwaso given a free hand to nominate most of the council’s principal officers.

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oil theft
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nuus.ng reporters

33 months unpaid rent threatens war against oil bunkering

By Jimitota Onoyume, Assistant News Editor The war against illegal oil bunkering in the Niger Delta may be facing an unlikely, yet potent, enemy from a massive backlog of unpaid rent for House boats used to combat illegal bunkering activities and related maritime crimes The  Nigerian Army and three indigenous houseboat contractors in the Niger […]

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