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BUSINESS

Central Bank of Nigeria does not understand the naira crisis challenges

Nigeria Employers’ Consultative Association has revealed that the Central Bank of Nigeria does not understand the naira crisis challenges, pointing out that the apex bank appears not to have a solution to the economic problems caused by the naira redesign policy. In a statement on Sunday, Director-General of NECA, Wale Oyerinde, stated that the situation had allowed speculators and economic saboteurs to have a field day at the expense of […]

todayFebruary 13, 2023 42

BUSINESS

The Food and Agriculture Organisation has warned that about 25 million Nigerians risk severe hunger between June and August this year.

The Food and Agriculture Organisation has warned that about 25 million Nigerians risk severe hunger between June and August this year. A report by the United Nations agency, in October 22 confirmed an existing 17 million famished Nigerians, and cautioned that the figure would hit the 25 million mark in the predicted period if urgent efforts are not taken to stem the surge. The organisation identified drivers of the unsavoury […]

todayJanuary 18, 2023 23

NEWS

The Governor of Nigeria’s Central Bank, Godwin Emefiele, has resumed duty after weeks of suspense about his whereabouts.

The Governor of Nigeria’s Central Bank, Godwin Emefiele, has resumed duty after weeks of suspense about his whereabouts. The Director, Corporate Communications of the CBN, Osita Nwanisobi, who disclosed this in a statement on monday, said he resumed after his yearly vacation Meanwhile, Department of State Services (DSS) denied invading the headquarters of the CBN over alleged sponsorship of terrorism by Emefiele. Spokesperson of the agency, Peter Afunanya, in a […]

todayJanuary 18, 2023 19

NEWS

Kogi State government has stopped private individuals from paying WAEC fees or offering any form of grants to students in the state.

Kogi State government has stopped private individuals from paying WAEC fees or offering any form of grants to students in the state. The development was at the backdrop of the Peoples Democratic Party (PDP) Kogi Central Senatorial district candidate, Natasha Akpoti-Uduanghan’s promise to pay WAEC fees of students in schools across the Central district. In a statement by the Executive Chairman of the Kogi State Science, Technical Education and Teaching […]

todayJanuary 18, 2023 17

NEWS

The Nigeria Immigration Service has warned the general public and eligible applicants not to pay anyone to get recruitment into the service.

The Nigeria Immigration Service has warned the general public and eligible applicants not to pay anyone to get recruitment into the service. NIS in a statement said the recruitment process is free and selection is based on merit. Adding that, it does not take part in any form of cash transaction during the recruitment process. Immigration recently opened its portal for the 2023 recruitment of interested applicants across the country […]

todayJanuary 18, 2023 26

NEWS

Speaker of the House of Representatives has called for urgent actions to end attacks on politicians

Speaker of the House of Representatives has called for urgent actions to end attacks on politicians, noting that such attacks pose threats to the forthcoming elections. Mr Gbajabiamila disclosed this on Tuesday while delivering his New Year Speech at the resumption of plenary after Christmas and New Year holidays. He noted that there has been an increase in attacks on political actors, raising concerns about the general insecurity across the […]

todayJanuary 18, 2023 15

NEWS

The Federal Government has on Monday commenced the accreditation process of the 20 shortlisted candidates for the replacement of Accountant General of the Federation, AGF

The Federal Government has on Monday commenced the accreditation process of the 20 shortlisted candidates for the replacement of Accountant General of the Federation, AGF. A circular by the government said the twenty candidates were selected from ministries, departments and agencies of government. In the circular, the government disclosed that the shortlist followed reports of the anti-corruption agencies on screening prospective candidates that applied to participate in the process for […]

todayJanuary 10, 2023 161

BUSINESS

The Socio-Economic Rights and Accountability Project, SERAP wants a reverse of what it called the unlawful and unreasonable increase in electricity tariff last month.

The Socio-Economic Rights and Accountability Project, SERAP wants a reverse of what it called the unlawful and unreasonable increase in electricity tariff last month. The group pointed out that millions of Nigerians continue to live in darkness despite the spending by successive governments of trillions of naira as investments and bailouts to electricity companies. SERAP therefore urged the President to investigate the spending of public funds by successive governments to […]

todayJanuary 9, 2023 160

NEWS

The Federal Government says it will to proceed with the second phase of the prosecution of Boko Haram suspects currently being held in a military facility at Kainji, Niger State.

The Federal Government says it will to proceed with the second phase of the prosecution of Boko Haram suspects currently being held in a military facility at Kainji, Niger State. The Solicitor-General of the Federation, Beatrice Jedy-Agba, while speaking to journalists in Abuja, said extensive plans and preparations had advanced for the resumption of the suspected Boko Haram terrorists. She explained that the trial was temporarily halted to ensure proper […]

todayJanuary 9, 2023 120

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