Online News Magazine
Online News Magazine
The Central Bank of Nigeria (CBN) has temporarily withdrawn its biennial publication on Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines published on September 17, 2024. The withdrawal is in response to certain instances of misinterpretation or misrepresentation of the document. The apex bank took the decision to minimise the risk of any further misrepresentation. […]
There is palpable tension in Edo State as the Independent National Electoral Commission (INEC) announced that the collation of results for the Edo governorship election will resume this morning Sunday at 10am. The collation centre for the election was opened at 9pm on Saturday, September 21, soon after polling ended in the state. In a […]
Jaiz Bank, Nigeria’s pioneer Non-Interest Bank, has emerged the global Most Promising Islamic Bank in 2024. The Global Islamic Finance Awards (GIFA) yesterday announced Jaiz Bank the overall winner in this category over two other nominees of equal pedigrees, during the Global Islamic Finance Summit (GIFS) and awards ceremony in the picturesque Republic of Maldives. […]
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola has stated that deep seabed exploration and mining has the potential to contribute amply to Nigeria’s Gross Domestic Product (GDP). Mobereola spoke at a Two-day stakeholders’ sensitization workshop on the need to explore and exploit resources in Deep Seabed held […]
The crisis in the Peoples Democratic Party (PDP) is worsening with the National Working Committee (NWC)of the party splitting into two. A group of NWC members met with Bauchi State Governor Bala Mohammed on Tuesday while another group led by Acting National Chairman Illiya Damagum met yesterday, Wednesday with the Governor of Oyo State Seyi […]
The Presidency has denied a report that President Bola Ahmed Tinubu told the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, to resign as a result of the continued fall of naira in the foreign exchange market. Some online reports claimed that President Tinubu had ordered Cardoso to resign his appointment as the CBN governor […]
CP Ibrahim Balarabe Maikaba has assumed office as 32nd Commissioner of Police, Ports Authority Police (Western) Command, Apapa, Lagos as part of the ongoing reorganisation in the Nigeria Police Force. In a statement issued and signed by the Commands Public Relations Officer, ASP Isaac Hundeyin, he took over from CP Olanrewaju Olawale Ishola, who has […]
The Apapa Area Command of the Nigeria Customs Service has achieved a very impressive and unprecedented revenue record in the first nine months of year 2024. The all time highest revenue collection of N1.5 trillion from January to September 2024 was announced by the Area Controller, Comptroller Babatunde Olomu during a parade at the command. […]
In its quest to celebrate milestones and honour excellence in the Transportation sector, the Chartered Institute of Transport Administration of Nigeria (CIoTA) has announced the CIoTA Transport Stakeholders’ Excellence Merit Awards ceremony. A press statement issued by Prof. Samuel Odewunmi on behalf of the members of the Transport Stakeholders’ Excellence Merit Awards Committee stated that […]
The Nigerian National Petroleum Company Limited (NNPC Ltd.) and Dangote Refinery are locked in disagreement over the loading price of Premium Motor Spirit (PMS) popularly called petrol at the latter’s refinery. While NNPCL claimed that N898 is the current loading price, the Dangote Refinery debunked the claim saying that the amount quoted is wrong, describing […]
