The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso disclosed that the Bank’s decision to implement the Electronic Foreign Exchange Matching System (EFEMS) is rooted in the understanding that trust is essential to central banking.Addressing members of the Harvard Club of Nigeria in Lagos at the weekend on the topic: “Leadership in...
Category: Business and Economy
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TOYOTA ENDS INVOLVEMENT IN SPONSORING LGBTQ+ EVENTS AND PARADES
Toyota, the car manufacturer, has revealed a shift in its approach to diversity, equity, and inclusion (DEI) programmes, announcing that it will no longer sponsor cultural events and parades such as LGBTQ+ Pride in the US.The announcement cames after hard-line right-wing pundit Robby Starbuck took to X/Twitter to condemn the company for its commitment to...
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FG SIGNS MOU WITH RUSSIAN CONSORTIUM TO REHABILITATE, AND OPERATE AJAOKUTA STEEL COMPANY LIMITED AND THE NATIONAL IRON ORE MINING COMPANY LIMITED.
The Federal Government of Nigeria has signed a Memorandum of Understanding, MoU, with a Russian consortium, the original builders of Ajaokuta Steel Plant Messrs, Tyazhpromexport, TPE, to rehabilitate, complete and operate Ajaokuta Steel Plant, and National Iron Ore Mining Company, NIOMCO, Kogi State.This was disclosed in a press statement by the Head, Press & Public...
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Senator Shehu Sani Slams PMB For Telling Nigerians Cash Scarcity Will Be Resolve In Seven Days
Nigerian politician and activist, Senator Shehu Sani in response to President Muhammadu Buhari assuring the citizens of resolving cash scarcity within the next seven days, alluded that PMB has a habit of inflicting pain on the people and coming back to tell them he feels their pain. Senator Sani statement on his twitter read: “The...
FREAKY FRIDAY: Fridays Are For Catching Vibes.
How we go run this weekend? No cash, Failed bank transaction, No fuel, Epileptic power supply, Expensive food stuff, Nothing to motivate man pikin, But God go run am!!! By Adeoye Olorunseun
VIDEO: Joe Igbokwe Laments The Scarcity Of Naira Notes, He Advices Necessary Authority To Do The Needful.
February 2nd. Joe Igbokwe, the spokesperson to All Progressives Congress (APC), Lagos State chapter, and Special Adviser on Drainage Services and Water Resources on a fact finding mission in Lagos on Thursday, arising from Naira scarcity complaint from Nigerians, expressed his disbelief at lack of network and unavailability of cash. He faulted the Central Bank...
Naira Redesign Timing Makes No Sense – El-Rufai
The Kaduna State Governor, Nasir El-Rufai, on Wednesday, faulted the federal government for redesigning the naira.He pointed out that the timing of the naira redesign makes no “political or economic sense”.The governor noted that the policy was the right way to go in achieving the desired change the country yearns for, the timing and deadline...