The Central Bank of Nigeria has said there is no deadline for the recognition of old naira notes as legal tender in the country. In March, the apex bank under the leadership of its then-Governor, Godwin Emefiele said the old N200, N500, and N1,000 bank notes would remain legal tender …
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States lose N94.5b yearly to post-harvest losses
Recent findings by ActionAid Nigeria has revealed that each of the 36 states of the Federation and the Federal Capital Territory loses an estimated N94.5 billion yearly to post-harvest losses. According to the body, if the N3.5 trillion lost to post-harvest losses by the entire country is divided across the …
Read More »President Tinubu meets Islamic Development Bank Management,Negotiates Multi-Million Dollar Funding Package for Infrastructure
President Bola Tinubu, on Monday night, in Mecca, Saudi Arabia, advanced negotiations concerning a multi-billion dollar infrastructure finance facility from the Islamic Development Bank to fund a multi-sectoral portfolio of infrastructure projects at the federal and sub-national levels in Nigeria. Ajuri Ngelali, Special Adviser to the President Tinubu on Media …
Read More »Quality Service:CAC Secures SON Recertification
The Corporate Affairs Commission (CAC) has secured the prestigious ISO 9001:2015 recertification for another three-year period expiring on July 29, 2026. The milestone achievement Followed the re-certification audit of the Commission’s Quality Management System (QMS) by the Standards Organisation of Nigeria (SON) in July 2023. Uzoma Oji, Deputy Director, Budget, …
Read More »Saudi Arabia cancels 264 Air Peace passengers visas on arrival
Saudi Arabia authorities have cancelled the visa of all the 264 passengers airlifted by Nigeria’s major carrier, Air Peace on arrival at the country from Kano. They insisted that the airline should return them to Nigeria. Vanguard reports that the flight took off from the Murtala Muhammed International Airport, Lagos, …
Read More »National Council on Industry, Trade and Investment grants 8 approvals,16 resolutions to grow economy.
The National Council on Investment, Trade and Industry has issued eight key approvals to help promote and provide guidelines for the investment-trade-and-industry sector of the country’s economy. The approvals were granted at the 15th meeting of the council in Katsina in the first week of November—and published in a communique …
Read More »National Council on Industry, Trade and Investment grants 8 approvals,16 resolutions to grow economy.
The National Council on Investment, Trade and Industry has issued eight key approvals to help promote and provide guidelines for the investment-trade-and-industry sector of the country’s economy. The approvals were granted at the 15th meeting of the council in Katsina in the first week of November—and published in a communique …
Read More »Google issues three-week warning to G-mail account users
Google has issued a three-week warning to the users of G-mail accounts about a clean-up exercise that could see their e-mails, documents, photos and videos permanently deleted. Google while issuing the warning to users said in a statement that it will delete millions of Gmail accounts in December. The company …
Read More »Tinubu Threatens To Shock Naira Speculators With N500/$1 Exchange Rate
Disclosing that it anticipated the steady rise in the value of the Naira as witnessed in the past few days, the Presidency has assured that the policies being worked on by the President Bola Tinubu administration will further strengthen the Naira that it will soon exchange for N500 to one …
Read More »EFCC Bows To Order, Produces Emefiele In Court
The Economic and Financial Crimes Commission (EFCC) has bowed to the order of the court by producing the former Governor of the Central Bank, Godwin Emefiele, in court for the hearing of his bail application Emefiele who has been in the custody of Security agencies for over 149 days, was …
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