The Central Bank of Nigeria (CBN) has begun a cash swap policy in Bayelsa State through agents to distribute the newly redesigned notes to rural communities. Some of the agents were seen at commercial banks headquarters in Yenagoa trying to get the redesigned notes as part of the swap deal. The CBN recently made arrangements […]
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The presidential candidate of the All Progressives Congress, Bola Tinubu, on Wednesday said there was a plan to sabotage the coming election. Tinubu cited the lingering fuel crisis and naira redesign by the Central Bank of Nigeria as part of the plot to scuttle the poll and his expected victory. The APC standard bearer spoke […]
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Former President Olusegun Obasanjo, accompanied by former Ekiti State governor, Kayode Fayemi, has visited the Rivers State Governor, Nyesom Wike. Obasanjo’s visit is the latest in a series of visits to the country home of Wike by politicians across party lines. Wike, who is a chieftain of the Peoples Democratic Party, has been at loggerheads […]
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The Akwa Ibom chapter of All Progressives Congress (APC), has debunked the purported expulsion of a former adviser to President Muhammadu Buhari and a governorship aspirant of the party for the 2023 election in the State, Senator Ita Enang from the party. Mr Umoh Ekop, the Ibiono Ibom Local Government Area (LGA) APC Chairman, said […]
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National Treasurer, Chartered Institute of Bankers of Nigeria (CIBN); Mojisola Bakare-Asieru (left); President and Chairman of Council, Ken Opara; Chief Consultant, B. Adedipe Associates Limited, Dr. Biodun Adedipe and Founder/ Group Managing Director, SystemSpecs Ltd. John Obaro, at the 9th National Economic Outlook round table held at the Banker’s House, Victoria Island, Lagos. CBN says […]
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By Helen Oji Capital market experts have advocated a credible, free and fair election that will pave way for the incoming administration to tackle lingering macro economic challenges facing the economy especially the foreign exchange (forex) crisis. At the Nigerian Exchange Limited’s (NGX) virtual 2022 Market Recap and 2023 Outlook yesterday, the stakeholders stated that […]
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By Cheta Nwanze Lagosians struggle to buy petrol at a filling station as scarcity bites harder… yesterday Photo: Ayodele Adeniran On 18 January 2015, Nigeria’s Minister of Petroleum Resources, Diezani Alison-Madueke announced a fuel price reduction that took the retail cost from ₦97 to ₦87 and explained that the price drop was occasioned by the […]
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The Central Bank of Nigeria (CBN) has denied scarcity of the new naira notes as alleged by some Nigerians. The CBN Governor, Godwin Emefiele, represented by Musa Jimoh, Director, Payment System Management Department of the bank, denied the allegation in a news conference on in Jos. ”The CBN has massively supplied the new notes to […]
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Managing Director of Save A Life Mission Hospital, Dr. Richard Okoye, has said continued lack of motivation for medical professionals fuels exodus of health specialists to foreign countries. A recent report has it that 35,000 health professionals, mostly doctors, have left Nigeria for United Kingdom and United States of America as preferred destinations. Okoye, who […]
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The campaign train of the Peoples Democratic Party(PDP) Governorship Candidate in Lagos State, Dr Abdul-Azeez Adediran (Jandor), was again attacked by political thugs on Wednesday in Kosofe area of the state. The News Agency of Nigeria (NAN) reports that the latest attack was coming after Tuesday’s attack on his campaign team in the same council […]
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