Economy

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Background

Business

Reactions as CBN Governor announces to re-designed naira notes

Reactions have continued to trail the announcement by the Governor of the Central Bank Godwin Emefiele to re-designed naira notes as a measure targeted at controlling currency in circulation as well as curbing counterfeit currency and ransom payment to kidnappers and terrorists. Throwing more light on the rationale for the new government policy, a Professor of Economics and a member of the Central Bank of Nigeria Monetary Mike Obadiah said […]

todayOctober 31, 2022 39

Economy

President Buhari Backs CBN’s Move to Redesign the Naira Notes.

President Muhammadu Buhari yesterday said he is fully in support of the Central Bank of Nigeria CBN’s move to redesign the naira notes, adding that he is convinced that the nation will gain a lot by doing so. Speaking in a Hausa radio interview Buhari said reasons presented to him by the CBN convinced him that the economy stood to benefit from the reduction in inflation, currency counterfeiting, and the […]

todayOctober 31, 2022 40

Economy

Oil Theft in Nigeria, is not a New Development in the Country-Ken Robinson.

The National Publicity Secretary of the Pan-Niger Delta Forum Pandef, Ken Robinson has said the incidence of oil theft in Nigeria, is not a new development in the country. Robinson, who was featured as a guest on the breakfast political program of Urban Radio, The Parliament asserted that crude oil theft, was not carried out by Niger Deltans, but by highly placed political officials who have the means to conduct […]

todayOctober 19, 2022 46

Economy

Government of Imo State Presents Relief Materials to Flood Victims

The Government of Imo State has visited and assisted the flood-displaced victims in Ohaji/Egbema and Oguta with relief materials, funds, and food items through the Imo State Oil Producing Areas Development Commission Isopadec. On arrival, the Deputy Governor of the State, Professor Placid Njoku, the General Manager of Isopadec, Charles Orie, Minister for State Education Nana Opiah, and a host of other officials, were received by the Traditional Rulers of […]

todayOctober 17, 2022 60

Economy

AGF Abubakar Malami Says IPOB Leader Kanu Not Acquitted

The Attorney-General of the Federation and Minister of Justice, Abubakar Malami, has reacted to the decision of the Appeal Court to discharge leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu, saying the IPOB leader has only been discharged but not acquitted. Malami who stated this in a statement signed by his spokesperson, Umar Gwandu, said the decision handed down by the court of appeal was on a single […]

todayOctober 14, 2022 49

Economy

NEMA Receives 126 Nigerians from Libya

The National Emergency Management Agency (NEMA) yesterday received 126 Nigerians from Libya. NEMA acting Coordinator of the Lagos Territorial Office, Ibrahim Farinloye, who confirmed this to newsmen in a statement, said the returnees consisting; 46 male adults, 62 female adults, two male and six female children, as well as four female and six male infants, were brought back to the country by the International Organization for Migration (IOM) through a […]

todayOctober 14, 2022 52

Economy

Governor of Imo State Hopeful of a Better Nigeria Despite Many Challenges at 62.

The Governor of Imo State Hope Uzodimma says Nigeria still has hope despite the country’s basket-full challenges at 62, charging Nigerians to stand up to tackle the challenges retarding the progress of the nation. Uzodimma who spoke yesterday at the Maria Assumpta Catholic Cathedral Owerri during a church service to mark the 62nd independence anniversary of Nigeria advised Nigerians to learn to separate the meaning of collective interest as against […]

todaySeptember 26, 2022 47

Economy

Vice President Professor Yemi Osinbajo National Christian Centre in Abuja

Vice President Professor Yemi Osinbajo says despite its challenges, the future of Nigeria would be far more glorious and peaceful than its past, and the nation’s lights would shine bright, with opportunities, equity, justice, and righteousness. Osinbajo who stated this yesterday at the 62nd Independence Day anniversary service, held at the National Christian Centre in Abuja, congratulated the new President of the Christian Association of Nigeria CAN, Daniel C. Okoh, […]

todaySeptember 26, 2022 34

Economy

President Buhari on His Way to Nigeria after the 77th United Nations General Assembly.

President Muhammadu Buhari has departed the United States after participating in the 77th session of the United Nations General Assembly UNGA. Buhari left for Abuja yesterday evening via the JFK International Airport in New York, days after he delivered the national statement to the world body, and he is expected to arrive at the Nnamdi Azikiwe International Airport in Abuja today. While in the United States, he participated in the […]

todaySeptember 26, 2022 34

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