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The Red Chamber of the National Assembly, on Thursday, postponed the passage of the 2023 Appropriation Bill to! Wednesday, 28th December, 2022. The President of the Senate, Senator Ahmad Lawan made this disclosure while addressing lawmakers after a closed-door session on Thursday. Lawan in his address said the 2023 Appropriations Bill report could not be…
December 24, 2022
Governor of Central Bank of Nigeria CBN, Mr. Godwin Emefiele, Thursday, has harped on why Point of Sale (PoS) agents are key to the continuous implementation of cashless policy of the apex bank in Nigeria. Emefiele said POS agents -- about 900,000 of them -- have continued to ensure that the people at the hinterlands…
December 23, 2022
Oppose Water Privatization Plans Labour unions, civil society, communities, and other critical stakeholders have picked holes in the Federal government's privatisation of the power sector, faulting plans to implement similar template in the water sector. The stakeholders said this at a one-day public symposium on the water and power sectors’ situation in Nigeria organised by…
December 21, 2022
World apex financial institution, the World Bank, in its latest report has dropped a bombshell, predicting that no fewer than 80million working-age Nigerians may be jobless by the year 2030. The World Bank also predicted in a report titled: "Nigeria Development Update (December 2022): Nigeria's Choice Report," that about 23million more Nigerians will drop below…
December 20, 2022
Despite the Central bank of Nigeria (CBN) order, directing commercial banks to begin the dispensing of the new naira notes to customers over the counter, Nigerians are still groan under severe hardship in their to get the new currency as few banks pay pantry sum of the currency. The CBN Governor, Goodwin Emefiele in issuing…
December 20, 2022
After much legal fireworks, lasting over seven years, the National Industrial Court, Lagos Division, has finally granted an order compelling the Bank of Industry (BOI) Limited to reinstate Mr Sonny Ekedayen as the Assistant General Manager of the bank with immediate effect. Hon. Justice R. H. Gwandu in his ruling also ordered that BOI pay…
December 13, 2022
President Muhammadu Buhari on Tuesday, flagged off the commercial production of crude oil and gas from the Kolmani Integrated Development Project, the first of its kind in Nigeria’s North. Located along th2e fields of Gombe and Bauchi, the Kolmani project, with Oil Prospecting Licence 809 and 810, lies in the Gongola Basin of the Upper…
November 23, 2022
18 out of 20 entities sponsoring the UN Climate Change Conference COP27 directly supported or partnered with the fossil fuel industry, according to an analysis by Corporate European Observatory (CEO) and Corporate Accountability. The revelation comes on the heels of investigation by Global Witness that a total of 636 fossil fuel lobbyists were accredited to…
November 18, 2022
-- As Naira Plunges Again After Last Week's Gains The Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has made a projection that the US dollar might drop to N200 after the redesigning of naira. He said, “The law says the redesigning of Naira notes should be done every eight years but…
November 17, 2022
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The Red Chamber of the National Assembly, on Thursday, postponed the passage of the 2023 Appropriation Bill to! Wednesday, 28th December, 2022. The President of the Senate, Senator Ahmad Lawan made this disclosure while addressing lawmakers after a closed-door session on Thursday. Lawan in his address said the 2023 Appropriations Bill report could not be…
December 24, 2022
Governor of Central Bank of Nigeria CBN, Mr. Godwin Emefiele, Thursday, has harped on why Point of Sale (PoS) agents are key to the continuous implementation of cashless policy of the apex bank in Nigeria. Emefiele said POS agents -- about 900,000 of them -- have continued to ensure that the people at the hinterlands…
December 23, 2022
Oppose Water Privatization Plans Labour unions, civil society, communities, and other critical stakeholders have picked holes in the Federal government's privatisation of the power sector, faulting plans to implement similar template in the water sector. The stakeholders said this at a one-day public symposium on the water and power sectors’ situation in Nigeria organised by…
December 21, 2022
World apex financial institution, the World Bank, in its latest report has dropped a bombshell, predicting that no fewer than 80million working-age Nigerians may be jobless by the year 2030. The World Bank also predicted in a report titled: "Nigeria Development Update (December 2022): Nigeria's Choice Report," that about 23million more Nigerians will drop below…
December 20, 2022
Despite the Central bank of Nigeria (CBN) order, directing commercial banks to begin the dispensing of the new naira notes to customers over the counter, Nigerians are still groan under severe hardship in their to get the new currency as few banks pay pantry sum of the currency. The CBN Governor, Goodwin Emefiele in issuing…
December 20, 2022
After much legal fireworks, lasting over seven years, the National Industrial Court, Lagos Division, has finally granted an order compelling the Bank of Industry (BOI) Limited to reinstate Mr Sonny Ekedayen as the Assistant General Manager of the bank with immediate effect. Hon. Justice R. H. Gwandu in his ruling also ordered that BOI pay…
December 13, 2022
President Muhammadu Buhari on Tuesday, flagged off the commercial production of crude oil and gas from the Kolmani Integrated Development Project, the first of its kind in Nigeria’s North. Located along th2e fields of Gombe and Bauchi, the Kolmani project, with Oil Prospecting Licence 809 and 810, lies in the Gongola Basin of the Upper…
November 23, 2022
18 out of 20 entities sponsoring the UN Climate Change Conference COP27 directly supported or partnered with the fossil fuel industry, according to an analysis by Corporate European Observatory (CEO) and Corporate Accountability. The revelation comes on the heels of investigation by Global Witness that a total of 636 fossil fuel lobbyists were accredited to…
November 18, 2022
-- As Naira Plunges Again After Last Week's Gains The Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has made a projection that the US dollar might drop to N200 after the redesigning of naira. He said, “The law says the redesigning of Naira notes should be done every eight years but…
November 17, 2022
