CBN Attributes Scarcity Of New Naira Notes To Hoarding  

CBN Attributes Scarcity Of New Naira Notes To Hoarding  

Hoarding of the new Naira notes is  responsible for its scarcity, the Central Bank of Nigeria (CBN) has said.  The CBN Director, Consumer Protection, Mrs Rashidat Mongunu, said this on Thursday while monitoring microfinance banks in Offa, Offa Local Government Area...
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Photo News

Photo News

Pull Out Parade Of Deputy Corps Marshal, Dr Kayode Olagunju (Left) And Wife, Seun Olagunju On Thursday In Abuja 
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FG Approves 67 New Broadcast Stations 

FG Approves 67 New Broadcast Stations 

President Muhammadu Buhari has approved operational licenses for 67 new broadcast outfits, the National Broadcasting Commission (NBC), said on Thursday in Abuja.  NBC Director-General Balarabe Ilelah disclosed this while briefing Journalists on the scorec...
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FRSC Photo News

FRSC Photo News

Pull Out Parade Of Deputy Corps Marshal, Peter Kibo (Left) With Wife On Thursday In Abuja 
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NNPCL Begins Direct Supply Of Petrol To IPMAN 

NNPCL Begins Direct Supply Of Petrol To IPMAN 

The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Tuesday disclosed that the management of the Nigerian National Petroleum Company Ltd. (NNPCL) has allocated petrol to its members directly to ease scarcity.  Mr Chinedu Okoronkwo, the N...
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Naira Re-design Won’t Affect 2023 General Election, Says CBN  

Naira Re-design Won’t Affect 2023 General Election, Says CBN  

The Central Bank of Nigeria (CBN) says naira re-design won’t affect the 2023 general election, as it will provide required cash and other support needed for smooth conduct of the poll.  Godwin Emefiele, the CBN Governor, said this when he...
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CBN Disburses  N1b To Banks In Edo  

CBN Disburses  N1b To Banks In Edo  

The Central Bank of Nigeria, CBN, on Tuesday, disclosed that over a billion naira has been disbursed to Edo State in a span of three days to cushion the hardship faced by customers in accessing redesigned naira notes.  Director, Risk...
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Korean Envoy Harps On African Continent’s Blue Economy Potentials 

Korean Envoy Harps On African Continent’s Blue Economy Potentials 

The Deputy Minister for Overseas Koreans and Consular Affairs, Republic of Korea, Choi Yeong has described Nigeria as the gateway to unlocking the potential of the African Continent’s Blue Economy.  Choi Yeong, who made the assertion during a courtesy cal...
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Transport Firm Delivers 330 Cattle From Europe To West Africa  

Transport Firm Delivers 330 Cattle From Europe To West Africa  

Intradco Global, world-leading animal transport specialist and part of Chapman Freeborn and Avia Solutions Group, has transported 330 cattle from Europe to West Africa.  City Business News reports that the genetic breeding cattle were moved on behalf of a...
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NDLEA Intercepts Europe-Bound Cocaine At Lagos Airport 

NDLEA Intercepts Europe-Bound Cocaine At Lagos Airport 

The National Drug Law Enforcement Agency (NDLEA) has foiled attempts to export large consignments of illicit drugs including cocaine, heroin, methamphetamine and ephedrine to Dubai and Europe.  A statement issued on Sunday by the Director, Media and Advoc...
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Eat Less Of Hot, Heavy Food During Hot Season, Says Health Expert

Eat Less Of Hot, Heavy Food During Hot Season, Says Health Expert

With the hot season advancing fast, Chairman of Nigeria Medical Association (NMA) in Kaduna State, Dr Sheyin Madaki, has cautioned against excessive eating of ‘heavy food’ , especially when such foods are hot.  In an interview with the News Agency...
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Six Die In Lagos Ship Accident

Six Die In Lagos Ship Accident

Contrary to earlier reports, six yet-to-be-identified persons were at the weekend confirmed dead after an accident in a vessel around Atlas Cove, Lagos State.  The deceased were said to have been working on the tanker of the vessel identified as...
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Shell, NDDC To Reconcile Accounts  

Shell, NDDC To Reconcile Accounts  

The Managing Director of Shell Petroleum Development Company of Nigeria Limited, SPDC, and Country Chair, Shell Companies in Nigeria, Mr. Osagie Okunbor, has pledged to work with officials of the Niger Delta Development Commission, NDDC, to reconcile the statu...
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NPA Partners FRSC On Truck Accidents 

NPA Partners FRSC On Truck Accidents 

The Federal Road Safety Corps (FRSC) is to partner the Nigerian Ports Authority (NPA) as part of measures to address the menace posed by falling trucks in Lagos State.   The Lagos Sector Commander of FRSC, Corps Commander, Olusegun Ogungbem...
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