Business owners, traders, and transporters in the Federal Capital Territory, Abuja, are defying the Central Bank of Nigeria’s directive on accepting old N500 and N1000 notes as legal tender 17 hours after the bank’s announcement.The Daily Post reported that the country’s apex bank on Monday bowed to the March 3 Supreme Court’s ruling and issued a statement that the old naira notes remain legal tender until December 31.Investigations by the Daily Post, however, found...

The apex bank has remained silent days after the Supreme Court invalidated the Central Bank of Nigeria's Naira redesign policy.However, according to Daily Post investigations, some commercial banks have started paying their customers with old N500 and N1000 notes.The Daily Post visited several large banks in the nation's capital and discovered that Guarantee Trust Bank was paying customers in N500 and N1000 notes along Ahmadu Bello Way, Area 11, and Area 3 in Garki....

A woman who is a mother of four, identified simply as Patience, has been gruesomely killed by some yet to be be identified gunmen in Akure, Ondo State.The hairdresser was murdered over an alleged failed business deal with her business partners. She was reportedly trailed to Kajola area, in the Akure metropolis, where she was attacked and killed at about 8:30pm.A relation, who spoke with newsmen, said: “On an ill-fated day, she received a business call, and she left...