Gbenga Adebija The Group Managing Director of Ashton and Layton and former Director-General of the Nigerian-German Chamber of Commerce, Gbenga Adebija, has joined USAccelerator, a United States-based professional service firm that advises and supports international businesses on their entry and acceleration of market growth in the US. In a statement …
Read More »CBN injected $18bn into forex market in 2022
Central Bank of Nigeria building In continuation of its periodic intervention in the foreign exchange market, the Central Bank of Nigeria injected another sum of $17.81bn into the inter-bank foreign exchange market in 2022. According to the CBN’s ‘Financial markets department annual activity report 2022’, this was a slight increase …
Read More »Nigeria’s finances bleeding, we must stop it – Tinubu vows
President Bola Tinubu President Bola Tinubu on Thursday admitted that the nation’s finances is bleeding profusely, vowing to stop the bleeding and reposition the country in the right direction. He also said he decided not participate in the arbitrage entrenched in the country’s commercial system in order to rescue the …
Read More »Garba Shehu opens up on Buhari, Tinubu London meeting
Buhari and Tinubu in London Former President Muhammadu Buhari did not ask his successor, Bola Tinubu, not to probe his appointees at their meeting in London last Monday, ex presidential spokesperson, Mallam Garba Shehu has said. Shehu said this while reacting to a report that Buhari asked Tinubu not to …
Read More »Gov Otti Sacks Abia Head Of Service, Permanent Secretaries
The Abia State Governor, Alex Otti, has taken a further step in his administration’s pursuit of accountability by suspending the state’s Head of Service and Permanent Secretaries who served under the previous administration of former Governor Okezie Ikpeazu. The suspension came in the wake of the newly inaugurated judicial panel …
Read More »How ex-CBN boss, Godwin Emefiele allegedly used wife’s company to launder public funds
Godwin Emefiele and wife, Margaret Fresh report have shown that embattled Godwin Emefiele, the suspended Governor of the Central Bank of Nigeria (CBN) was involved in alleged high level of corruption, nepotism, favoritism and gross abuse of office while he reigned supreme as the Governor of the apex-bank. According to …
Read More »NEXIM, Fidelity Bank target new five million MSMEs for exports
NEXIM The Nigerian Export-Import Bank (NEXIM) is collaborating with Fidelity Bank to increase the capacity of five million Small and Medium Enterprises (SMEs) exporters in the non-oil sector. NEXIM said the move is in line with the overall objective of promoting export diversification efforts of the Federal Government. The Managing …
Read More »NATO agrees to extend Stoltenberg mandate: diplomats
NATO Secretary General Jens Stoltenberg (L) and European Council President Charles Michel (R) talk to the media as they arrive for a European Council Summit, at the EU headquarters in Brussels, on June 29, 2023. – EU leaders will the EU’s continued support to Ukraine, as well as the economy, …
Read More »Buhari didn’t ask Tinubu not to investigate him — Shehu
Spokesperson to former President Muhammadu Buhari, Garba Shehu, on Thursday, denied that the former leader asked his successor not to investigate some ministers under the previous government. He also said Buhari had left Daura for London to get some needed rest which, constant visits from well-wishers, had denied him. “If …
Read More »Deployment of policemen to VIPs will be reviewed — Force PRO
Prince Olumuyiwa Adejobi, Police Force Public Relations Office. PHOTO CREDIT: Google The Police Force Public Relations Officer, Prince Olumuyiwa Adejobi, has said that the deployment of policemen to individuals will be “reviewed and regularised”. This was contained in a statement on Wednesday via his Twitter account while reacting to a …
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