BREAKING: FG Launches MSME Tech Hubs In 7 States Target 1million Youths, To Disburse N500million
The federal government has announced a partnership with Wema Bank to launch MSME Tech hubs in seven states. Olusola Abiola, Director of Information, Office of the Vice President stated this in a statement made available to Reporters Abiola mentioned that the federal government targeted 1 million youths, 500,000 MSMEs with grants and digital training. According […]
ANALYSIS: Why Dollar Sells At N860 – Wale Edun
ANALYSIS: Why Dollar Sells At N860 – Wale Edun Wale Edun, President Bola Tinubu’s adviser on monetary policies who is also a ministerial nominee expressed his views on the N860/$1 exchange rate between the naira and the dollar, stating that it is not supported by the fundamental aspects of the Nigerian economy. He attributed the […]
NNPCL: Why Petrol Price Increased
Mele Kyari, the managing director and chief executive officer of the Nigerian National Petroleum Company Limited (NNPCL), has attributed the latest pump price increase to market forces. He explained that market forces were determining how much a litre of petrol would be sold to final consumers, adding that the latest increase, which caused a litre to […]
POS Operators Express Worry Over Service Hike
POS Operators Express Worry Over Service Hike Some Point of Sales (PoS) operators in Nigeria have protested against the increased service charges in the country which took effect on Monday. The Association of Mobile Money and Bank Agents in Nigeria had announced new service charges for operators in June. The new service charges implied that […]
FUEL SUBSIDY: Senator Laments as He Use N67,000 to Fill-Up His Car Tank Against N19,000 He Do Used
During an interview with ARISE Tv, Sen. Enang, a former governorship aspirant of Akwa-Ibom State, stated that he’s not happy filling his tank because the tank that he used to fill it for N19,000 is now N67,000. He revealed that his utility vehicles, which he used to fill with N8,000, now cost between 22,000 and […]
FACT-CHECK: What Nigeria’s President, Governors, Senators Really Earn
Amid the ongoing rumour that there is a proposed increment in the Salary of Nigeria President, Governors, Senators and Judges, The Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) revealed that the National Assembly ought to amend the relevant laws to allow for the commencement of the implementation of the reviewed remuneration packages for political, public and […]
BIOGRAPHY: Meet The Acting CBN Governor, Folashodun Adebisi Shonubi
Folashodun Adebisi Shonubi is now the acting Governor, Central Bank of Nigeria (CBN). Shonubi was born on the 7th of March, 1962. He attended the University of Lagos from 1978 to 1983 and obtained a Bachelor of Science in Mechanical Engineering. Thereafter he obtained a Master of Science in Mechanical Engineering in 1985 with bias […]
FAKE NEWS: CBN Has Not Devalued The Naira
The Central Bank of Nigeria (CBN) has debunked a report by a national daily that it has devalued the naira to N631 per dollar at the Importers and Exporters’ (I&E) window. A top official of the apex bank, who told this medium that the report is completely false , warned that such reports could have […]
Fuel Subsidy Removal: FG to Meet NLC Today
Representatives of the Federal Government are expected to meet with the Nigeria Labour Congress, NLC, on Wednesday by 2pm over the planned removal of fuel subsidy. ALSO READ: [Fact-Check]: 9 Things To Know About Late Raymond Dokpesi The NLC National President, Joe Ajaero, made this known during an interview with Channels Television on Wednesday morning. Details […]
Breaking: Banks To Start Issuing ATM Cards That Double As National ID Card
The federal government says Nigerians can now request their commercial banks to issue them with a debit card which doubles as their National Identity Card at no extra cost. The Minister of Communications and Digital Economy, Isa Pantami, who disclosed this on Wednesday in Abuja, said the approval was obtained at the meeting of the Federal […]