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The NairaLaw and the New Redesigned Naira notes – A Summary
adminDecember 1, 2022
What occurred ? On the 26th of October 2022, the Central Financial institution of Nigeria (CBN) Governor introduced that the CBN was exercising its authorized powers to handle and curb…Read More
NGX Spikes as Telecom, Banking Stocks Rally
adminDecember 1, 2022
NGX Spikes as Telecom, Banking Stocks Rally The equities segment of the Nigerian Exchange (NGX) appreciates strongly on Wednesday, reversing two days losses following buying interest in mid and large…Read More
Food, Kerosene Prices Worsen in October –NBS Data
adminDecember 1, 2022
Food, Kerosene Prices Worsen in October –NBS Data The National Bureau of Statistics (NBS), said that prices of selected food items as well as kerosene used by households for cooking…Read More
Moody’s Downgrades Ghana Ratings Again
adminDecember 1, 2022
Moody’s Downgrades Ghana Ratings Again Moody’s Investors Service has downgraded the Government of Ghana’s long-term issuer ratings to Ca from Caa2 and changed the outlook to stable. The recent downgrade…Read More
IMF to Visit Ghana for Talk on Funding Support
adminDecember 1, 2022
IMF to Visit Ghana for Talk on Funding Support An International Monetary Fund (IMF) staff team will visit Ghana again from Dec. 1 to 13 to continue discussions on Accra’s…Read More
Interbank Rate Rises over Tight Market Liquidity
adminDecember 1, 2022
Interbank Rate Rises over Tight Market Liquidity The interbank offered rate rose strongly amidst tight liquidity in the financial system, forcing some cash-rich Nigerian banks were seeking higher rates on…Read More
After Wike’s Challenge, Akwa Ibom Confirms Receipt Of N186bn Derivation Arrears
adminDecember 1, 2022
The Akwa Ibom state government says it has received N186 billion as refunds of arrears of 13 percent of oil derivation proceeds from the federal government. Linus Nkan, Akwa Ibom…Read More
South African Panel Files Report Into Ramaphosa’s Cover-Up Scandal
adminDecember 1, 2022
A special panel tasked with establishing whether South African President Cyril Ramaphosa should face impeachment for allegedly covering up a crime submitted its findings to parliament on Wednesday. The three-person…Read More
30-Year-Old Man Jailed For Internet Fraud, Forfeits N24.3m, Three Cars In Ilorin
adminDecember 1, 2022
Kwara State High Court sitting in Ilorin has convicted a 30-year-old man, Yusuf Yusuf Olarewaju, a native of Erin-Ile in Oyun Local Government Area of Kwara State over offences bordering…Read More
Celebrity kidnapper John Lyon, Gang Leader Plead Not Guilty, Remanded In Prison
adminDecember 1, 2022
The suspected celebrity kidnapper, Mr John Lyon Ewa and his gang leader, Emmanuel Angase who are known for kidnapping high-profiled bankers, businessmen and prominent Bayalsans have pleaded not guilty to…Read More
Osun Assembly Dares Adeleke Over Council Administration
adminDecember 1, 2022
Osun Assembly has challenged the directive of Governor Ademola Adeleke to career heads to take over Local Government Administration. The Osun State Independent Electoral Commission (OSIEC) conducted the Local Government…Read More
Court Affirms Ayade As APC Cross River North Senatorial Candidate
adminDecember 1, 2022
A Federal High Court in Abuja has affirmed Governor Ben Ayade as the All Progressives Congress(APC) senatorial candidate for Cross River North. The Court presided by Justice Nkeonye Evelyn Maha…Read More