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*Says Things Not Working Because Nigeria Copied American Constitution *Uzodinma, Diri Express Optimism On Country’s Future As Nigerians await the verdict of the presidential election tribunal, former national vice president of the Peoples Democratic Party (PDP), Olabode George, has said he fears that the nation would be thrown into turmoil if any of the petitioner’s […]

*As Lawyers At NBA SLP Conference 2023 Vote Against Wig And Gown In order to determine whether to preserve or do away with the usage of the wig and gown as part of the court uniform, a sample poll of solicitors was conducted in 9 branches of the Nigerian Bar Association during the months of […]

Following intense criticism of his administration’s plan to pay N8,000 monthly to 12 million vulnerable persons as palliative to cushion the adverse effect of petrol subsidy removal, President Bola Tinubu has directed the review of the cash transfer policy. This was announced on Tuesday by Dele Alake, Special Adviser to the President (Special Duties, Communications, […]

The Central Bank of Nigeria (CBN) has reduced the number of Bureau de Change dealers to 2,991. Th CBN yesterday published a list of approved in document titled ‘Approved BDCs’. The document revealed that the licenses of 2,698 BDCs have been revoked. A similar list was published by the Central Bank in 2022, which approved […]

President Bola Tinubu has directed the National Drug Law Enforcement Agency (NDLEA) to speedily and thoroughly investigate the circumstances surrounding the death of 2-year-old Ivan Omhonrina, who was killed by its agents in Delta State. Stray bullets from officials of the NDLEA, who were on a raid of an alleged illicit drug joint around Okpanam […]

GTBank Wins Best Bank in Nigeria at Euromoney Award Guaranty Trust Bank Ltd. has been recognised as the” Best Bank in Nigeria” at the Euromoney Awards for Excellence 2023. The bank said in a statement on Monday that the latest recognition underscored the bank as the leading financial institution in Nigeria. Announcing the award, Euromoney […]

Nigeria’s Daily Petrol Consumption Drops by 35% The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the country’s petrol daily consumption figure stands at 46.38 million litres, due to subsidy removal by the Federal Government. Mr Ahmed Farouk, Chief Executive, NMDPRA, disclosed this during stakeholders meeting with oil and gas downstream operators on Monday […]

NEPC Says Nigeria Generates $2.539bn from Non-Oil Export The Nigerian Export Promotion Council (NEPC) on Monday said that non-oil exports in the first half of 2023 generated 2.539 billion dollars, 0.09% below the record achieved in the comparable year in 2022. The Executive Director of NEPC, Dr Yakusak Ezra, said this in Abuja at the […]

Ecobank Wins Euromoney Award as Africa’s Best Bank for SMEs Pan-African banking group, Ecobank, has been named Africa’s Best Bank for small and medium-sized enterprises by the prestigious Euromoney Awards for Excellence for the second year running, having also won the accolade in 2022. Jeremy Awori, Chief Executive Officer of Ecobank Group, said: “This award […]

Nigeria’s Inflation Rate Jumps to 22.79% Nigeria’s headline inflation rate jumped 0.38% to 22.79% in June, slightly above 22.41% reported in May 2023, according to the National Bureau of Statistics (NBS) report published on Monday. On a year-on-year basis, the Headline inflation rate was 4.19% points higher compared to the rate recorded in June 2022, […]Read More

UBA Empowers Staff to Deliver Superior Customer Experience, Launches CX School of Excellence  Africa’s Global Bank, United Bank for Africa (UBA) Plc, has launched the Customer Experience (CX) School of Excellence, a first-of-its-kind initiative aimed at empowering its workforce to deliver top-notch services to its customers. The comprehensive program is expected to equip the bank’s employees with […]

CBN Lifts 10-Year Limit on Tenure of Banks CEOs The Central Bank of Nigeria (CBN) has lifted 10 years maximum allowable tenure for deposit money banks managing directors and chief executives (MD/CEOs), it said in its latest corporate governance guideline. The new guideline shows that the tenure of the MD/CEO of a bank shall be […]