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ABUJA BUSINESS REPORTS

New Naira Notes: CBN Directs Banks To Pay Over The Counter

Amid controversies surrounding access to the newly designed naira notes, the Central Bank of Nigeria (CBN) has ordered commercial banks to begin the payment of the new naira notes to customers over the counter. According to a statement signed by…

Netlify Acquires Gatsby Inc. to Accelerate Adoption of Composable Web Architectures

Netlify, the leading platform for modern web development, has announced that it has acquired Gatsby Inc., providers of an advanced cloud platform for web delivery and content orchestration, and creators of the open source framework Gatsby. The acquisition of Gatsby…

Massacre: CNG Condemns Killing Of Herders In Nasarawa, Wants Nigerian Military Investigated

The Nasarawa state chapter of the Coalition of Northern Groups (CNG) has strongly condemned the recent killing of those it described as innocent pastoralists in the state, near the Federal Capital Territory (FCT), Abuja. About 40 herders were reportedly killed…

Emir Of Dutse Nuhu Sunusi II Is Dead

The Emir Of Dutse, the capital city of Jigawa State, Nuhu Muhammadu Sunusi II is dead. The first-class traditional ruler in the North Western part of Nigeria and a former Chancellor of Sokoto State University died after a brief illness….

Igbo Association Endorses Gov. Zulum, Tinibu/Kashim Ticket

…. As Hon. El-Lawan Donates N500,000 The Igbo Welfare Association has endorsed Gov. Babagana Zulum for Governor of Borno State and the presidential and vice-presidential candidates of the All Progressives Congress (APC), Bola Ahmed Tinubu and Kashim Shettima ticket as…

Buhari Approves 10-day Extension of Old Naira Swap

President Muhammadu Buhari on Sunday in Daura, Katsina State, approved a 10-day extension of the deadline for the swapping of currency to new notes. The News Agency of Nigeria (NAN) reports that the Governor of the Central Bank of Nigeria…

How Cooking Gas Price Increased By 27% In One Year – NBS

Amid increasing cost of living in Nigeria, the National Bureau of Statistics (NBS), has revealed that the average price of 5kg of cooking gas increased from N3,594.81 in December 2021 to N4,565.56 in December 2022. This is contained in the…

Hoodlums Attack Firefighters As Fire Engulfs Filling Station in Abuja

The Director-General of FCT Emergency Management Agency (FEMA), Alhaji Abbas Idriss, has condemned the attack on the fire service men and vehicles that responded to a fire call at Enya filling station, Halli Brothers, Wuse Zone 1 Abuja on Friday….

CBN, NIBSS Launch ‘AfriGo’, Nigeria’s First National Domestic Card Scheme

The Central Bank of Nigeria (CBN) says it has collaborated with the Nigerian Inter-Bank Settlement Systems (NIBSS) to launch the National Domestic Card Scheme, ‘AfriGo’, to transform the Nigerian payment system. The Governor of the CBN, Godwin Emefiele, made this…

Minister Hails Military’s Fight Against Piracy in Gulf of Guinea

The Minister of State, Budget and National Planning, Mr Clem Agba, has commended Martin Luther Agwai International Leadership and Peacekeeping Centre (MLAILPKC) toward building capacity to defeat piracy in the Gulf of Guinea (GoG). Agba, who was represented by his…