The Central Bank of Nigeria has said that it plans to adjust exchange rates but the bank cannot adopt a speculative black market rate as its official exchange rate. Hassan Mahmud, Director, of Monetary Policy Department of the CBN said this while the explaining the reasons for the decisions taken …

President Muhammadu Buhari President Muhammadu Buhari has appointed his special assistant on social media, Lauretta Onochie, as Chairman of the Board of the Niger Delta Development Commission (NDDC). Buhari communicated Onochie’s appointment in a letter written to the Senate President, Ahmad Lawan, seeking the aide’s confirmation as the substantive chairman …

  The Executive Chairman of the Lagos State Internal Revenue Service (LIRS), Mr Ayodele Subair has been conferred with the Most Innovative CEO of The Year Award 2022 by the New Telegraph Awards 2022.   The award ceremony, held at the Balmoral Convention Centre, Federal Palace Hotel, Lagos, on Friday, …

President Muhammadu Buhari has unveiled the new naira notes as proposed by the Central Bank of Nigeria. Buhari unveiled the new currency notes on Wednesday morning before the Federal Executive Council (FEC) meeting at the state house, Abuja. Godwin Emefiele, governor of the Central Bank of Nigeria (BN), was in …

In collaboration with the International Association for the Measurement and Evaluation of Communication, AMEC, the leading intelligence agency in Nigeria, P+ Measurement Services, declared its interest to host the annual AMEC Measurement Month (#AMECMM) to enlighten PR and communications experts and professionals in Nigeria. The event is slated to take …

Wema Bank, Nigeria’s Leading innovative financial institution, has rolled out a new benefit for parents and children on its bespoke children’s savings account, Royal Kiddies Account (RKA), in a new campaign to encourage savings and financial prudence. From November 1, 2022, through January 30, 2023, parents who set up a …

L-R: APC’s Oyetola and PDP’s Adeleke   A witness, Mr Isiaka Olanrewaju, on Monday told the Osun State Election Petitions Tribunal that there were irregularities in the election results which declared Sen. Ademola Adeleke, as the Governor-elect. The Independent National Electoral Commission (INEC) had on July 16 declared Adeleke as …

A former staff of Union Bank Plc, Edaeftite Usin has taken the bank before the Justice Rabi Gwandu of the National Industrial Court, NIC, which sat on the 15th of November in Lagos and after hearing the case, adjourned till the 16th of February, 2023 to hear the suit filed …

Soft drinks The Manufacturers Association of Nigeria (MAN) has kicked against the federal government’s proposed 20 percent ad-valorem excise tax on non-alcoholic beverages. At a meeting held recently in Lagos, operators in the carbonated soft drinks sub-sector of MAN said that such a move would spell doom for the soft …

Mr. Peter Obi, presidential candidate of the Labour Party, has said he will consult with Charles Soludo, governor of his home state of Anambra to help proffer solutions to Nigeria’s challenges. Mr. Obi made this known on Monday at Protea Hotel in Ikeja, the Lagos State capital, during a meeting …