archiveDecember 2023

Amidst complaints about scarcity of Naira notes, the Central Bank of Nigeria (CBN) says there is adequate supply of the currency. The CBN gave the assurance against the backdrop of complaints by some bank customers on scarcity of Naira notes at the counters, Automated Teller Machines (ATMs) Points of Sale...

The founding Bishop of the Living Faith Church, David Oyedepo, has said running for the president of Nigeria is like a demotion. Bishop Oyedepo said the Bible has shown him that he’s on top of the nation and, hence, can’t run for president. He said this at the conclusion of...

The Ojokoro chapter of the Christian Association of Nigeria in Ojokoro Local Council Development Area (LCDA), Lagos State, has called on both the federal and state governments to distribute relief packages during the festive season, taking into account the prevailing hardships in the country. The CAN made the appeal during...

Senators of the Federal Republic of Nigeria have donated their one-month salaries amounting to N109 million to the victims of the drone attack that killed over 100 people at Tudun Biri in the Igabi local government area of Kaduna state. This was made known by the Deputy Senate President, Senator...

Multichoice has again increased the prices of all its packages by 20 per cent, the third time this year. The price surge comes after Multichoice, in its third-quarter financial statement, announced a staggering $72 million in losses. It also follows the company’s third consecutive semi-annual loss. Multichoice had announced price...

  disclose details of N11 trillion subsidy payment Socio-Economic Rights and Accountability Project (SERAP) has urged Mr Mele Kolo Kyari, the Group Chief Executive Officer, Nigerian National Petroleum Company (NNPC) Limited to “promptly publish details of barrels of oil Nigeria produces and exports every day and the total amounts of...

The governor of Lagos State, Babajide Sanwo-Olu, says the state requires about a N7 trillion budget size to meet up with infrastructural and basic amenities in 2024. Sanwo-Olu spoke at the eighth Lagos Corporate Assembly, a business forum, tagged ‘BOS Meets with Business Community’, at the Lagos House in Alausa,...

Executive Vice Chairman (EVC) of the Nigeria Communications Commission (NCC), Dr. Aminu Maida, has said competition is key to the healthy growth of the telecoms sector. According to a press statement signed and sent to Business247 News online by Mr. Reuben Muoka, Director, Public Affairs of NCC, Maida, who spoke...

  explains why budget'll target economic recovery The Oyo State Government has given a breakdown of the N434.2billion 2024 Budget proposal presented to the State House of Assembly by the state governor, 'Seyi Makinde. According to a press statement signed and made available to Business247News online by Mr. Sulaimon Olanrewaju,...

  The Central Bank of Nigeria (CBN), on Friday, December 8, confirmed that fake naira notes were circulating nationwide, alerting the public to beware of their transactions. The apex bank raised the alarm in a statement titled, ‘Beware of Counterfeit Naira Banknotes in Circulation,’ and signed by its acting director...