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CBN Sells T-Bills at 12.15% After Interest Rate Hike The Central Bank of Nigeria (CBN) repriced Treasury bills at higher spot rates at its midweek primary market auction following its sustained monetary policy tightening. At the auction, the CBN offered instruments worth N264.33 billion for subscription. The total sum was split as N1.74 billion for […]

Reps to Probe Illegal Sales of Helicopters by NCAT The House of Representatives Committee on Public Assets has resolved to probe the alleged sales of two training helicopters by the Nigeria College of Aviation Technology (NCAT), Zaria, Kaduna State. Rep. Ademorin Kuye, the Chairman of the committee, said in a statement in Abuja on Monday. […]

FG Launches Digital Literacy Framework to Boost Tech Export The Federal Government on Friday launched the National Digital Literacy Framework (NDLF) to boost digital skills and export of technology. The launch of the NDLF was championed by the National Information Technology Development Agency (NITDA). The NDLF was targeted at creating universal access to digital literacy […]

*Says Mali And Burkina-Faso Will Go To War If ECOWAS Attacks Niger In a significant move, Mali and Burkina Faso have jointly refused to enforce the “illegal, illegitimate, and inhuman” sanctions imposed by the Economic Community of West African States (ECOWAS) against the people and authorities of Niger. In a joint press release, both countries, […]

Premier League players have been warned they face harsher punishments for harassing referees as part of a raft of measures aimed at stamping out bad behaviour on the pitch. English football’s authorities aim to “reset” the attitude of players and managers towards officials in the coming season. A series of measures intended to tackle the […]

*Says Tinubu’s First Weeks In Office Made History In Turning Bad Situations To Worse The Northern Elders Forum has stated that the first few weeks of the President Bola Tinubu-led administration will be recorded by history as leadership that made bad situations considerably worse. NEF asserted that the administration’s attempts to correct mistakes have not […]

The Nasarawa State Police Command said it has uncovered new techniques used by criminals to dispossess unsuspecting owners of their vehicles. A statement by the Police Public Relations Officer of the command, DSP Rahman Nansel, made available to journalists on Monday in Lafia, said the criminals usually disguise as passengers to stop vehicles plying Lafia-Abuja/Akwanga […]

In a public notice released on July 31st, 2023, the Corporate Affairs Commission (CAC) announced that it has initiated the striking off process for a list of companies that did not meet the requirements specified in the Companies and Allied Matters Act (CAMA) 2020. The list includes a total of 94,581 companies, with the majority […]

The organised labour on Monday maintained the stand to proceed with its planned protest over the removal of petroleum subsidy. The President of the Nigeria Labour Congress (NLC), Joe Ajaero, spoke with State House reporters after another round of meeting of the Presidential Steering Committee on Palliatives at the presidential villa, Abuja. He said the […]

The Central Bank of Nigeria (CBN) has exempted Microfinance Banks (MfBs) and Primary Mortgage Banks (PMBs) from the cash withdrawal limit policy compliance. In a circular to banks and other financial institutions signed by CBN Director, Payment System Management Department, Must Jimoh, Microfinance banks and primary mortgage banks do not need to comply with the […]

*Upwards Review Of Salaries Coming, Tinubu Assures Workers *Says I Understand The Hardship You Face *Approves N50 Billion For Small Businesses *Says Over N1tn Saved Since Subsidy Removal As part of his administration’s general plans to ease the pains of inflation on the Nigerian worker, President Bola Tinubu said talks were on with the Organised […]

The Corporate Affairs Commission (CAC) has officially begun the process of striking off companies that have failed to comply with the provisions of the Companies and Allied Matters Act (CAMA) 2020 from its register. In a notice released to the public on July 31st, 2023, the Commission stated that it had commenced the striking off […]