archiveAugust 2021

The Central Bank of Nigeria (CBN), has announced the formal engagement of the global Fintech Company, Bitt Inc., as the Technical Partner for its digital currency, eNaira. Mr Osita Nwanisobi, Director, Corporate Communications of the Bank, made this known in a statement on Monday in Lagos, but this development was...

 Trading on the nation’s bourse resumed for the week on a negative mood with a loss of N83 billion following sell pressure on bellwether stocks.Specifically, the market capitalisation which opened for the week at N20.572 trillion dipped N83 billion or 0.40 per cent to close at N20.489 trillion. Also, the...

  A political support group, Tinubu Vanguard, has said that the democracy credentials of All Progressives Congress (APC) National Leader, Bola Tinubu, qualify him to contest the Nigerian presidency in 2023.The group’s Director-General, Dr. Johnny Benjamin, said this in a statement he issued on Monday in Abuja. Benjamin urged Tinubu...

  National Pension Commission (PenCom) is set to commence online verification and enrollment for its 2021 retirees and prospective retirees of Federal Government Treasury-Funded Ministries, Departments and Agencies (MDAs).  Head, Corporate Communications of PenCom, Mr Peter Aghahowa, made the disclosure in a statement made available to newsmen on Monday in...

  *VP welcomes Muslim group, calls for more inclusive interfaith dialogue In situations of conflict, including ethnic and religious tensions, leaders must be willing to make sacrifices even at the risk of their popularity in order to attain long-lasting resolutions, peace, and progress, according to Vice President Yemi Osinbajo, SAN....

  The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed on Monday defended the Federal Government, saying it is borrowing “sensibly and responsibly.” The Minister said this at a press conference she jointly addressed with the Minister of Information and Culture, Alhaji Lai Mohammed; as well as some...

All flags at the Copyright Society of Nigeria (COSON) House in Lagos are now flying at half-mast in celebration of the life of Nigerian music icon, Victor Uwaifo, who died last Saturday, aged 80. This was disclosed in a statement signed by COSON Chairman, Tony Okoroji, on Monday. “All flags...

The organised labour has appealed to the Federal Government against any plan to increase the price of electricity or petrol to avert crisis in the economy. Mr Babatunde Olatunji, President, National Union of Chemical, Footwear Rubber Leather and Non-Metallic Product Employees (NUCFRLANMPE), made the appeal at 29th Annual Industrial Relations...

Nigeria’s Gross Domestic Product (GDP) may witness 5 per cent growth by the end of the year if agriculture and other subsectors are improved in the third quarter (Q3), Simon Harry, the new Statistician-General of the Federation and Chief Executive Officer, National Bureau of Statistics (NBS) has said. Harry stated...

Mr Yemi Kale, outgoing Statistician-General of the Federation, has charged his successor, Mr Simon Harry, to maintain the trust the public has on National Bureau of Statistics’ (NBS) work. He gave the charge on Monday in Abuja at the official hand over to Harry on Monday in Abuja. The News...