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Economy

Naira crisis: No money to cook food, Orji Kalu laments

Wilson Adekumola     Senate Chief Whip, Orji Uzor Kalu has complained about the hardship and pains the Central Bank of Nigeria inflicted on Nigeria through its monetary policy.     Senator Kalu, who made this complaint on a Channels Television program on Monday, said the naira scarcity has brought suffering to him and his […]

PTI to be revamped before Buhari regime ends - Committee
Oil and Gas

PTI to be revamped before Buhari regime ends – Committee

In order to train and create local technologies that will operate the oil and gas industry before the current Buhari administration leaves office, the Petroleum Training Institute’s training facility in Effurun, Delta State, may be restructured. The Punch reported that on Monday, the PTI Repositioning Committee paid a working visit to the Institute to assess […]

How Bauchi spent N44m to vaccinate livestock
News

How Bauchi spent N44m to vaccinate livestock

The Bauchi state government has stated that the annual mass vaccination campaign for livestock scheduled to take place in 2023 in all 20 local government areas of the state will get N44 million. The Punch reported that Governor Bala Mohammed said this in his statement during the exercise’s commencement on Monday in Kangere, Bauchi LGA. […]

Air Peace resumes operations after NiMet strike suspension
Business

Air Peace leads domestic flight operations in 2022 – Report

A domestic and international airline in Nigeria, Air Peace, leads other domestic airlines as it records 24,449 flight operations. This is the highest flight operations followed by 10,910 operations of IBOM airline. This was according to the Executive Summary of International and Domestic Flight Operations in Nigeria from January to December 2022 gotten from the […]

ASSBIFI halts strike, mandates banks to reopen
Banking featured

ASSBIFI halts strike, mandates banks to reopen

Commercial banks have been ordered to comtinue operations as of Monday, February 20, 2023, according to a statement from the Association of Senior Staff of Banks, Insurers, and Financial Institutions. The association announced this while delaying the start of its planned strike action on Monday. Recall that there were numerous instances of protests and bank […]

FG to restart cash transfers to poor Nigerians
News

Naira crisis: CBN seized money, didn’t swap it, says El-Rufai

Kaduna State governor, Nasir El-Rufai, claimed on Sunday that the CBN adopted a currency confiscation strategy rather than the indicated currency swap program that had been endorsed by the president, Major General Muhammadu Buhari (retd), for the redesign of the national currency. According to The PUNCH, the naira issue got worse last Thursday when the […]

Mark Zuckerberg beats Elon Musk in billionaire rankings
Business

Meta copied Twitter with Facebook, IG subscription plan – Users

Some users of Facebook and Instagram have said the Chief Executive Officer of Meta, Mark Zuckerberg, has copied Musk’s Twitter ads free paid subscription plan. This followed the announcement of the CEO on Sunday about its plan to begin a paid subscription service that allows users of Instagram and Facebook to verify their accounts. Recall […]

Ex-ANAN president, Dr. Samuel Nzekwe
Banking

Bank vandalism not solution to naira scarcity – Ex-ANAN president

Wilson Adekumola     The Former President, Association of National Accountants of Nigeria, Dr Samuel Nzekwe has admonished the protesters across the country against destroying Government and bank properties, saying bank vandalism is not a solution to naira scarcity.     Nzekwe gave this admonition while speaking with journalists on Sunday in Ota, Ogun State […]

NUPENG, EFCC collaborate to combat oil theft
News

EFCC, ICPC investigate Nigerians depositing millions of old N500, N100 at Ilorin CBN

Anti-corruption agencies have began investigating the depositors of millions of old N500 and N1,000 notes at the Central Bank of Nigeria’s Ilorin branch. According to Daily Post, operatives of the Economic and Financial Crimes Commission, and Independent Corrupt Practices Commission, among others are on ground to supervise lodgments and educate depositors on the ramifications involved […]

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