Financial analysts have expressed optimism that the naira will regain its real value before the end of the year, 2024 if the government put an end to oil theft as well as increase non oil export out of the country. Speaking to our Correspondent, the Managing Director of Afrinvest Securities …
Read More »To Stabilize Naira, Analysts Urge Govt. To Secure Long Term Foreign Loans
Experts have called on the federal government to secure long term foreign loans to clear foreign exchange forwards, foreign portfolio investors and airlines trapped fund . It could be recalled that the Association of Bureau De Change Operators of Nigeria (ABCON) has said that the $2.2billion prepayment facility from the …
Read More »OPAY’S UNWAVERING COMPLIANCE: TAKES STRICTER MEASURES IN KYC IMPLEMENTATION TO ALIGN WITH CBN REGULATORY GUIDELINES
Lagos, Nigeria – Leading the charge in mobile-based payments, OPay has pledged to implement a thorough removal process for accounts lacking a Bank Verification Number (BVN) and/or National Identification Number (NIN) starting March 1, 2024. This commitment follows the recent directives from the Central Bank of Nigeria (CBN) on Know-Your-Customer …
Read More »W’Bank projects 3.7% growth for Nigerian economy 2025
World Bank The World Bank has predicted that Nigerian Gross Domestic Product will grow by 3.7 per cent in 2025. The World Bank in its latest report titled “Global Economic Prospect: Subdued Growth, Multiple Challenges”, projected that the African largest economy will improve by 3.3 per cent up from a …
Read More »Explosion in Abuja not related to bombing — Police
The Police Command in the Federal Capital Territory (FCT) said the explosion that occurred near a refuse dump outside the Bureau of Public Enterprise premises in the Maitama area of Abuja was not bomb-related. The Police Public Relations Officer in the FCT, SP Josephine Adeh, said this in a statement …
Read More »Afenifere crisis: Fasoranti’s faction sacks Adebanjo as acting leader
•I have no comment —Adebanjo AKURE—THE crisis rocking the pan-Yoruba socio-political organisation, Afenifere, yesterday, deepened, as the Reuben Fasoranti group abolished the position of Acting Leader and Deputy Leader of the group, presently occupied by Pa Ayo Adebanjo and Oba Oladipo Olaitan. But when contacted for his reaction to …
Read More »‘I didn’t investigate Whitney’s medication’, mother tells court
File image of late Whitney Adeniran, the 12-year-old Chrisland School student Mrs Blessing Adeniran, mother of a late student of Chrisland Schools, Opebi, Lagos, testified on Wednesday at the trial of the school and four others for involuntary manslaughter before an Ikeja High Court. She was led in evidence by Lagos …
Read More »Nigerians should embrace ‘Will’ writing, says Leadway Capital
Leadway Capital & Trusts Limited has enjoined adult Nigerians to discard the phobia associated with writing a Will, stressing that writing a Will is not a death sentence. The company, at a media interactive session in Lagos, explained that a Will is a legal document that outlines how a person’s …
Read More »Ex-minister backs APC for reducing Edo gov aspirants to six
Clem Agba A governorship aspirant on the platform of the All Progressives Congress in Edo State, Clem Agba, said a former governor, Adams Oshiomhole, led the APC pruning committee to announce that 29 aspirants have been trimmed to six without. The Independent National Electoral Commission fixed September 21, 2024, for …
Read More »Allowing NASS polls petitions terminate at S’Court dangerous — Adegoke, SAN
In this interview, Mr Kunle Adegoke, SAN, dissects the recent judgment of the Supreme Court which reversed the Appeal Court’s nullification of the electoral victory of Plateau State Governor, Caleb Mutfwang with emphasis on the miscarriage of justice occasioned by sacked lawmakers in the state and declared that the glaring …
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