• CBN warns against warehousing illicit funds • Move welcome development –Experts BY OUR REPORTER When the Central Bank of Nigeria (CBN) Governor, Dr Yemi Cardoso, amplified President Bola Tinubu’s call for the upgrade of the Nigerian economy to $1 trillion GDP at the 58th annual bankers’ dinner last November,Continue Reading
BY GODWIN OBI A member of the All Progressives Congress (APC) National Working Committee (NWC), Nze Chidi Duru, has frowned at the report that the Federal Government subsidised religious pilgrimage with N90 billion, warning that such should not have any place in present day Nigeria. Duru, the Deputy National OrganisingContinue Reading
BY GODWIN OBI The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has hiked the benchmark interest rate by 200 basis points to 24.75 percent. This is according to a Tuesday communique by the CBN governor Yemi Cardoso after the second MPC meeting of his tenure inContinue Reading
BY GODWIN OBI As part of its strategies to drive service efficiency and contribute revenue to the Federal Government, the Nigerian Shippers’ Council (NSC) has set August 2024 for full paperless operations. NSC Executive Secretary/Chief Executive Officer, Pius Akuta, disclosed this on Thursday at the opening ceremony of the Council’sContinue Reading
Nigerian authorities gave a marching order for the arrest of the culprits in the tragic incident BY GODWIN OBI A week after the tragic murder of military personnel in Delta State, Governor Sheriff Oborevwori, has warned traditional rulers in the state against protecting suspects in the incident. Seventeen military personnelContinue Reading
BY GODWIN OBI The Nigerian Shippers’ Council (NSC) has launched a registration portal for providers and users of port services operating at Onne Port, Rivers State. NSC Executive Secretary, Barr. Akutah Pius Ukeyima, said that the launching of the portal was in line with the mandates the council to registerContinue Reading
BY GODWIN OBI The Customs Officers’ Wives Association (COWA) on Tuesday flagged off the distribution of food items to its members in Karu Customs Barracks, Abuja. COWA National President, Mrs. Kikelomo Adeniyi, who flagged off the exercise, said the distribution of the food items, which include rice, spaghetti, noodles andContinue Reading
BY GODWIN OBI President Bola Tinubu has approved the appointment of Dr. Dayo Mobereola to serve as the Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA) for a renewable term of four years The appointment follows the exit of Mr. Bashir Jamoh, whose tenure recently expired. Mobereola’s appointmentContinue Reading
BY OUR REPORTER Bandits have attacked a mosque in Birnin Gwari Local Government Area of Kaduna State, killing two worshippers in the process. The police authorities in Kaduna state have not confirmed the attack. However, a community leader, Sani Usman, told Channels Television that the bandits invaded the Mosque atContinue Reading
BY GODWIN OBI Serving and former African Presidents, on Wednesday, took turns to commend the outstanding leadership of the President of the African Development Bank (AfDB), Dr Akinwumi Adesina, as he bagged the prestigious 2023 Obafemi Awolowo Prize for Leadership. African leaders including the President of the United Republic ofContinue Reading