The Lagos State Government has said it would take over the management of traffic in the Apapa Area of the state from the Presidential Task Force Team. “Our plan is to bring about a cohesive system where all stakeholders would understand their roles
Collins Nweze THE Central Bank of Nigeria (CBN) has said the naira will begin recovery against the dollar and other global currencies from February 2021. This was contained in the latest CBN Business Expectation Survey released by its Statistics Department. The survey respondent
The Senate on Monday passed the sum of N453, 200,000,000.00 as the budget of the Niger Delta Development Commission (NDDC) for the 2020 fiscal year. This followed the presentation of the report of the Senate Committee on Niger Delta Affairs by the Vice
A Federal High Court sitting in Lagos has freed Abdullahi Babalele, a son-in-law to former Vice President, Atiku Abubakar on a two-count allegation of alleged money laundering of $140,000. Justice Chukwujekwu Aneke threw out the charge and discharged the defendant on the grounds
The Central Bank of Nigeria (CBN) has withdrawn the operating licenses of 42 microfinance banks (MfBs). The affected banks have been shut down. The affected banks are Hedgeworth MFB, Utako, Abuja; Future Growth MFB, Utako, Abuja; Bagwai MFB, Bagwai LGA, Kano; Ere City
Nda-Isaiah, 58, died on Friday, December 11, after taking ill briefly. A statement by his brother, Mr. Abraham Nda-Isaiah, said dignitaries expected to participate in the events, which would commence on by 12noon on Wednesday with virtual tributes, include former heads of state,
By Okwy Iroegbu-Chikeze and Charlse Okonji Stakeholders in the economy on Thursday commended the Federal Government for reopening the borders, arguing that the move is strategic for the country to exit recession early next year. National President, Nigerian Association of Chamber of Commerce
After much persuasion and diplomatic ploy by Nigeria’s neighbouring countries, President Muhammadu Buhari has ordered the immediate opening of four land borders. The borders are Seme in the southwest, Illela in Sokoto State, Maigatari in the northwest, and Mfun in the south-south. The
By Sanni Onogu, Abuja The Senate, on Tuesday, passed the Finance Bill 2020 transmitted to the National Assembly by President Muhammadu Buhari two weeks ago. The passage of the Bill followed the consideration of a report by the Senate Joint Committee on Finance;
Nduka Chiejina (Assistant Editor) After threatening to withhold $1.5 billion until Nigeria carries out foreign exchange reforms to its satisfaction, the world Bank has finally approved the facility for Nigeria. While Nigeria is still working on its forex reforms, it appears the World
BY EMMANUEL MGBEAHURIKE, Owerri The former deputy governor of Imo State, Prince Eze Madumere has
As the world steps into 2025, Mr. Okwuosa Charles Chinedu, CEO of Birotojob, has called
As the dawn of a new year brings renewed hope and aspirations to homes across
In continuation of her mobilization and sensation exercise before its workshop, the Imo State GIZ