Category: News

CBN: N500, N1000 Denominations Most Commonly Counterfeited Banknotes
October 16, 2019 No Responses

CBN: N500, N1000 Denominations Most Commonly Counterfeited Banknotes

The Central Bank of Nigeria (CBN) on Wednesday, said that a total of 119,663 pieces of counterfeit notes with a nominal value of N98.82 million was recorded in 2018.The bank said this in the Currency Operations 2018 Annual Report, posted...
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Delta Proposes N389b Budget For 2020
October 16, 2019 No Responses

Delta Proposes N389b Budget For 2020

The Delta State Government has proposed a N389 billion budget for the 2020 fiscal year.The State’s Commissioner for Information, Mr Charles Aniagwu, disclosed this while briefing newsmen on Wednesday in Asaba.Aniagwu said that the budget approval was par...
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Global Borrowing Now At Highest Level Since 1950s
October 16, 2019 No Responses

Global Borrowing Now At Highest Level Since 1950s

By Patricia Scotland, Commonwealth Secretary-General Trade wars, protectionism, and nationalist rhetoric are combining to create the possibility of a nightmare debt crisis that could be worse than any previously experienced. Global borrowing is now at the high...
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Senate Probes PPRA Over Alleged Non Remittance Of 5% Pump Price Commission To FERMA
October 16, 2019 No Responses

Senate Probes PPRA Over Alleged Non Remittance Of 5% Pump Price Commission To FERMA

The Senate has directed its committees on Petroleum Downstream and National Planning to investigate within two weeks why the Petroleum Pricing Regulatory Agency (PPRA) failed to remit five per cent commission it charged on every litre of fuel to FERMA...
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Nigeria To Explore More Investment Opportunities In UAE
October 16, 2019 No Responses

Nigeria To Explore More Investment Opportunities In UAE

The Minister of Industry, Trade and Investment, Mr Richard Adebayo, has said that Nigeria would explore more investment opportunities in the United Arabic Emirate (UAE). According to a statement signed by Mr Julius Toba-Jegede, Special Assistant (Media) to the...
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Enugu Hands Over 65 Innoson Security Vehicles To Police
October 16, 2019 No Responses

Enugu Hands Over 65 Innoson Security Vehicles To Police

Governor Ifeanyi Ugwuanyi of Enugu State on Tuesday in Enugu handed over sixty five (65) patrol vans to the state command of the Nigeria Police to aid its security operations. The sixty five (65) patrol vans were among the 100...
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Lagos Pledges To Pay Above N30,000 Minimum Wage
October 15, 2019 No Responses

Lagos Pledges To Pay Above N30,000 Minimum Wage

Lagos State will pay its workers above the N30,000 new national Minimum Wage,  State Governor, Babajide Sanwo-Olu  has said.Sanwo-Olu made the promise on Tuesday when the state leadership  of the Trade Union Congress (TUC), the Nigeria Labour Co...
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Shippers Council Donates Household Items To Kano Old People’s Home, VVF centre
October 15, 2019 No Responses

Shippers Council Donates Household Items To Kano Old People’s Home, VVF centre

The Nigerian Shippers Council (NSC) has donated some household itemś to the Kano State Old People’s Home and the Vesico Virginal Fistula (VVF) centre in the state.The items presented to the beneficiaries by the Executive Secretary of the NSC, Mr...
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Group Seeks Agric Reforms In West Africa
October 15, 2019 No Responses

Group Seeks Agric Reforms In West Africa

The International Crisis Group, an independent non-profit organisation, on Tuesday called for a reform in the agricultural sector in West Africa and the Sahel as part of measures to address insecurity.Mr Nnamdi Obasi, the Senior Adviser of the group for...
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Access Bank Hits N1b Digital Daily Lending
October 15, 2019 No Responses

Access Bank Hits N1b Digital Daily Lending

Access Bank’s expanded Digital Lending Portfolio, which gives Nigerians quick and 24/7 access to funds for emergencies without any collateral, has hit a record N1billion daily in loan value.Executive Director, Retail Banking, Access Bank Plc, Victor Etuokwu,...
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Navy Rescues 329 Spain-Bound Migrants
October 15, 2019 No Responses

Navy Rescues 329 Spain-Bound Migrants

The Moroccan navy said it rescued 329 Spain-bound migrants in the Mediterranean from October 10 to October 13, 2019.Official news agency MAP quoted a military source as saying that the migrants, mostly sub-Saharan nationals, were trying to cross the Strait...
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Buhari Seeks N’Assembly’s Approval For N10.06bn Refund To Kogi
October 15, 2019 No Responses

Buhari Seeks N’Assembly’s Approval For N10.06bn Refund To Kogi

The Senate on Tuesday received a request from President Muhammadu Buhari for an approval to pay Kogi State Government N10.069 billion being refund of money spent by the state on behalf of Federal government. The request was contained in a letter...
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NIWA To Conduct Psychiatric Test On Boat Drivers
October 15, 2019 No Responses

NIWA To Conduct Psychiatric Test On Boat Drivers

Boat Drivers in Warri, Delta State  will soon be subjected to Psychiatric examination as part of measures  to address issues of reckless driving.Speaking on Tuesday in Warri, Delta State,  Area Manager of  National Inland Waterways Authorit...
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Firm Tackles CBN Over $285m Supreme Court Judgment
October 15, 2019 No Responses

Firm Tackles CBN Over $285m Supreme Court Judgment

A communications firm, Interstella Communications Limited has urged the Central Bank of Nigeria (CBN) to obey a Supreme Court order by paying them $285 million judgment sum for alleged breach of contract. The News Agency of Nigeria (NAN) reports that...
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