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U.S. Treasury Secretary Janet Yellen met Wednesday with her Chinese counterpart and pledged an effort to manage differences and “prevent competition from becoming anything ever near conflict” as the two nations try to thaw relations. Yellen’s first face-to-face meeting with Vice Premier Liu He was the highest-ranking contact between the two countries since their presidents…
January 18, 2023
The Governor of the Central Bank of Nigeria (CBN), resumed duty at the apex bank’s headquarters in Abuja Monday after spending his annual leave abroad. Emefiele had been out of the country since December, 2022, amidst certain accusations by the Department of State Services (DSS). A statement signed by Osita Nwanisobi, CBN’s Director, Corporate Communications,…
January 17, 2023
Despite earlier intervention by the Nigerian Senate, seeking an extension of the January 31st deadline for the phasing out of the old banknotes to 30th June, 2023, the Central bank of Nigeria (CBN) has started alerting Nigerians via SMS messages on its deadline date just as some depositors Besieged banks with bags stuffed with the…
January 16, 2023
Nigerian Business tycoon and Founder/Chairman, BUA Group, Abdul Samad Rabiu has emerged as Africa’s fourth-richest man. According to a data obtained from Forbes, the Nigerian recorded $7.6 billion net worth to displace Egypt’s richest person, Nassef Sawiris from the fourth position on the continent. The New Diplomat reports that Rabiu enjoyed huge success in the…
January 16, 2023
Three civil society organisations (CSOs) have dragged the Niger Delta Development Commission (NDDC) to court over alleged failure to furnish them with its 2020 Budget breakdown in line with the provisions of the Freedom of Information (FoI) Act. The CSOs; Foundation for Environmental Rights, Advocacy & Development (FENRAD), Social Development Integrated Centre (Social Action) and…
December 27, 2022
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
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U.S. Treasury Secretary Janet Yellen met Wednesday with her Chinese counterpart and pledged an effort to manage differences and “prevent competition from becoming anything ever near conflict” as the two nations try to thaw relations. Yellen’s first face-to-face meeting with Vice Premier Liu He was the highest-ranking contact between the two countries since their presidents…
January 18, 2023
The Governor of the Central Bank of Nigeria (CBN), resumed duty at the apex bank’s headquarters in Abuja Monday after spending his annual leave abroad. Emefiele had been out of the country since December, 2022, amidst certain accusations by the Department of State Services (DSS). A statement signed by Osita Nwanisobi, CBN’s Director, Corporate Communications,…
January 17, 2023
Despite earlier intervention by the Nigerian Senate, seeking an extension of the January 31st deadline for the phasing out of the old banknotes to 30th June, 2023, the Central bank of Nigeria (CBN) has started alerting Nigerians via SMS messages on its deadline date just as some depositors Besieged banks with bags stuffed with the…
January 16, 2023
Nigerian Business tycoon and Founder/Chairman, BUA Group, Abdul Samad Rabiu has emerged as Africa’s fourth-richest man. According to a data obtained from Forbes, the Nigerian recorded $7.6 billion net worth to displace Egypt’s richest person, Nassef Sawiris from the fourth position on the continent. The New Diplomat reports that Rabiu enjoyed huge success in the…
January 16, 2023
Three civil society organisations (CSOs) have dragged the Niger Delta Development Commission (NDDC) to court over alleged failure to furnish them with its 2020 Budget breakdown in line with the provisions of the Freedom of Information (FoI) Act. The CSOs; Foundation for Environmental Rights, Advocacy & Development (FENRAD), Social Development Integrated Centre (Social Action) and…
December 27, 2022
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
