BUSINESS
Banks In Abuja, Lagos, Others To Open From Monday
Federal Government on Wednesday said banks in Abuja, Lagos, and Ogun will begin operations from Monday 4th of May, 2020. Disclosing this, the National Coordinator of the Presidential Task Force on COVID-19, Dr. Sani Aliyu, gave conditions and preventive measures to avoid the spread of COVID-19. Also Read: NCDC Urged To Step Up Testing, Establish More COVID-19 Testing Centres His words, “In...
Gov. Otti Denies Spending Almost One Billion Naira on Feeding, Personal Welfare
Abia State Governor, Dr. Alex Otti has denied spending nearly one billion Naira on his feeding and personal welfare, saying such information is untrue, ABN TV reports. The governor's chief press secretary, Kazie Uko, and his Special Adviser on Media and Publicity, Ferdinand Ekeoma in a statement titled, "ABIA STATE Q3 BUDGET EXPENSES: UNDERSTANDING THE ISSUES" said Abia State Government...
CBN Takes Traders’ Stimulus Package To Abia
As part of efforts to support Abia Traders, Micro, Small and Medium-scale Businesses as well as Households affected by the COVID-19 pandemic, the Central Bank of Nigeria (CBN), has introduced a stimulus package to this regard. The programme is being implemented through NIRSAL Microfinance Bank. In a release signed by the Special Adviser To Abia State Governor On Strategy & Planning,...
FG Proposes N26trn Budget For 2024 Fiscal Year
The Federal Government, yesterday, projected N26 trillion for the 2024 budget which it has targeted to submit to the National Assembly before December 31, 2023. Minister of Planning and Budget, Atiku Bagudu, made the disclosure at the end of the Federal Executive Council (FEC), presided over by President Bola Tinubu, while briefing State House Correspondents alongside his colleagues from Ministry...
Price Increase: After Return Of Fuel Queues In Abuja, Lagos, Nigerians Angry, Apprehensive — IPMAN
Following long fuel queues that have resurfaced in the Federal Capital Territory (FCT) and other states across the country, the Independent Petroleum Marketers Association of Nigeria (IPMAN) on Sunday, said Nigerians were being apprehensive over a likely increase in pump price. This is coming on the heels of increasing queues in filling stations within Abuja, where getting the commodity seems...
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...
Emefiele risks jail term over $53m garnishee order
The Governor of Central Bank of Nigeria, Mr Godwin I. Emefiele risks being committed to prison for failing to honour a Garnishee Order Absolute to pay the balance of $53m due and payable under the said Order to Mr Joe Agi (SAN) and team of lawyers that facilitated the Paris Club fund matter for the Federal Government. Justice I. E....
CBN Confirms Evacuation Of Banknotes To DMBs
The Central Bank of Nigeria, CBN, has confirmed the evacuation of banknotes from its vaults to commercial banks across the country as part of a concerted effort to ease the circulation of different denominations of banknotes. The CBN has also instructed that all commercial banks be open on Saturdays and Sundays. Dr. Isa AbdulMumin, Acting Director, Corporate Communications Department of the...
How CBN Spent N74bn In Naira Redesign, Others In 2022 — Report
It cost the Central Bank of Nigeria and its subsidiary about N74.84bn to produce and roll out currencies, including new naira notes, in 2022. Despite the scarcity of naira that plagued the country in the latter months of 2022, the CBN spent 40.42 per cent more than the N53.29bn it spent in the preceding year, to rollout currencies. According to the...
You Can’t Receive Our Revenues Again, Soludo Tells Parks, Market Executive
Governor of Anambra State, Chukwuma Charles Soludo has banned all markets and parks executives from collecting revenue in the state for the government. In a statement issued by the Press Secretary to the governor, Christian Aburime on Thursday, Solud...
