BUSINESS
Ramadan: Emir Of Kano Urges Traders To Reduce Prices Of Items
The Emir of Kano, Alhaji Aminu Ado-Bayero, has appealed to traders of essential commodities to reduce the cost of foodstuffs and other goods to enable the masses to observe Ramadan with relative ease. The Royal father made the call on Sunday in Zaria during the lunch of a book titled: “Dauloli a Kasar Hausa” meaning ‘Kingdoms in Hausaland’ by Prof....
Binance To Depart Nigerian Market, Ends Services In Local Currency
Binance will discontinue all services for Nigeria’s fiat currency, the naira, amid an ongoing regulatory conflict in the country. The crypto exchange will automatically convert naira balances to USDT from March 8 at 8:00 a.m. UTC but will cease support for NGN deposits after 14:00 UTC today. Withdrawals will become unsupported after March 8 at 6:00 a.m. UTC. Posting on its...
Port Harcourt Refinery To Commence Operation In Two Week, Kyari Assures
The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation Ltd (NNPCL), Mele Kyari, has said the Port Harcourt refinery will commence operations in two weeks time. Kyari, who appeared before Senate ad-hoc committee investigating the various Turn Around Maintenance (TAM) Projects of the Nigerian Refineries, said over 450, 000 barrels of oil had been stocked into the Port...
VIDEO: We’re Financially Enlightened Govt, Not Jumping At Any Loan — Gov. Otti
Abia State Governor, Dr. Alex Otti has described his administration as financially enlightened, noting that it is not interested in jumping at any loan that comes its way. The governor in an interaction with journalists in Umuahia said the state has been receiving offers for loan from commercial banks within but has not drawn on any of them. https://youtu.be/aUsiS8NN7mI He further revealed...
Zenith Bank Appoints First Female GMD
Zenith Bank has named Adaora Umeoji as its first female Group Managing Director/Chief Executive. Her appointment, subject to the approval of the Central Bank of Nigeria, takes effect from June 1, 2024, according to the bank. “She takes over from Dr. Ebenezer Onyeagwu, whose five-year term expires on May 31, 2024, after a very successful tenure. Dame (Dr.) Adaora Umeoji is...
Senate Passes NYSC Trust Fund Bill Into Law
A bill seeking to establish the National Youth Service Corps (NYSC) Trust Fund, has been passed into law on the floor of the Senate. Sponsored by a senator, representing Ekiti South and Chairman, Senate Committee on Media and Public Affairs, Yemi Adaramodu, the bill, among others, seeks to provide a sustainable source of funds for the NYSC, skill acquisition, training and...
‘I Used ‘Abidoshaker’ Power To Bring Down Dollar’ — Prophet Odumeje Boasts
Prophet Chukwuemeka Ohanaemere, aka Odumeje, of the Mountain of Holy Ghost Intervention and Deliverance Ministry, has boasted that the exchange rate of dollar to naira came down because of his ‘Abidoshaker’ power. Odumeje, in a video recorded during one of his church programmes, claimed he used ‘Abidoshaker’ to bring down the exchange of dollars to naira. ABN TV reports that the...
Moniepoint Microfinance Bank Launches User-friendly USSD Service
Moniepoint Microfinance Bank has launched its Unstructured Supplementary Service Data (USSD) service, enhancing convenience and security for its customers. Managing Director, Moniepoint Microfinance Bank, Mr Babatunde Olofin, explained that the code *5573#, offers a fast, secure, and user-friendly platform for consumers to conduct their banking activities with ease, from any mobile device without the need for an internet connection. According to...
FIRS Tenders Apologies To CAN Over Controversial Easter Message
The Federal Inland Revenue Service (FIRS) has apologised to Christians over its Easter message which has stirred controversy among adherents of the faith. In its Easter message to Christians in Nigeria, the FIRS had shared a flier showing a Point of Sale (PoS) machine with the caption, “Jesus paid your debt, not your taxes”. The message triggered an outpour of condemnation...
NCAA Introduces New Dress Code For Staff
The Nigeria Civil Aviation Authority (NCAA) has unveiled a new dress code for all the Consumer Protection Officers working at the nation’s airports. A statement by Michael Achimugu, NCAA’s Director of Public Affairs and Consumer Protection on Monday said the move is aimed at improving service delivery, and enhancing their visibility in the event of complaints. “This rebranding, which comes with...
