CBN Set To Redesign N200, N500 And N1,000 Notes
The Central Bank of Nigeria (CBN) on Wednesday said it will redesign the N200, N500, and N1,000 notes. CBN Governor, Godwin Emefiele, disclosed this during a special press briefing in Abuja. The new design and issues will be effective from…
BREAKING: Two Nigerian Start-Ups Qualify for GITEX Expo Competition
Two Nigerian tech start-ups have qualified for the final of the Supernova Challenge Pitch Competition at the ongoing GITEX 2022, according to a report by PRNigeria. The online news agency had earlier, on Monday, reported that the two Nigerian start-ups…
Bala Mohammed: Promises Made, Promises Kept
By Abdul-Azeez Suleiman An election promise or campaign promise is a promise or guarantee made to the public by a candidate or political party that is trying to win an election. All over the world, with sufficiently patient voters and candidates, there are many equilibria that characterize the range of credible…
Buhari Presents N20.5tr Budget Amid Troubled Economy
As Nigeria’s economy continues to struggle, President Muhammadu Buhari on Friday presented the 2023 Budget to the joint session of the National Assembly. According to the President, the 2023 Appropriation Bill was prepared amidst a very challenging world economy that…
Lagos Govt Officials in Concert With Land Grabbers Demolish Ikota Market As Traders Count Losses
Members of the Ikota Traders Association are protesting what they described as the ‘unlawful’ demolition of their business premises by officials of the Lagos State Ministry of the Environment. On September 15, the officials of the Environment Ministry led by…
Bangladesh-China Bilateral Trade Overshoots $25b
Bilateral trade between Bangladesh and China has crossed US$25 billion, the Chinese Ambassador Bangladesh, Li Jiming has said. He noted that the economic cooperation between the two countries is “most eye-catching”, revealing that China has granted 98 percent duty-free treatment…
$265m To Foreign Airlines: CNPP Commends CBN For Intervention To Avert Total Shutdown
Conference Of Nigeria Political Parties (CNPP) has hailed the Central Bank of Nigeria (CBN) for its release of $265 million to foreign airlines operating in the country for the remittance of part of their revenues trapped in the country. Recall…
WEEF Conference 2022 Empowers Women With Life Skills
Women have the gift of nurturing and multiplication, says the founder of WiCare Lekota Foundation, Diane Kalu, during the Wicare Entrepreneurship Empowerment Forum (WEEF) 2022 held in Lagos on August 12. WEEF focuses on empowering, enlightening and rehabilitating women in…
WAPP To Create Liquidity Enhancement Fund As Chairman Lauds Financial Transparency
The West African Power Pool (WAPP), is planning to create a Liquidity Enhancement Revolving Fund, LERF, for the ECOWAS Regional Electricity Market. Chairman, Executive Board of WAPP, Engr. Dr. Sule Ahmed Abdulaziz, stated this at the weekend, during the 54th…
Senate Summons CBN Governor Emefiele Amid Naira Free Fall
The Senate, on Wednesday, resolved to summon the Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, to educate and inform senators in a closed session on the reasons for the rapid depreciation of the value of the naira…
