The Central Bank of Nigeria (CBN) says a bank verification number (BVN) platform will be launched by December for Nigerians in the diaspora. Cardoso spoke on Wednesday during a parley with members of the Nigerian community on the sidelines of the World Bank and International Monetary Fund (IMF) meeting in Washington D.C, United States He said…
President Bola Tinubu has approved a reshuffle of his ministerial cabinet and merged two ministries into one. The decision was made during the Federal Executive Council (FEC) meeting on Wednesday, according to a statement by Bayo Onanuga, the president’s spokesperson. Onanuga confirmed that the president has scrapped the Niger Delta Ministry and the Ministry of…
On Tuesday the Supreme Court reserved judgment in the suit filed by 19 states challenging the constitutionality of the laws establishing the EFCC and two others to a date to be communicated to the parties. The plaintiffs, in the suit marked: SC/CV/178/2023 had argued that the Supreme Court, in Dr. Joseph Nwobike Vs Federal Republic…
The governor of Oyo State Seyi Makinde of Oyo has inaugurated 480 Amotekun Forest Rangers, promising that his government will continue to give priority attention to the security of residents of the state. Plans by the government are however underway to establish airstrips in Igbeti and Otu towns respectively as well as provide aircraft security…
Global growth is projected to fall from an estimated 3.4 percent in 2022 to 2.9 percent in 2023, then rise to 3.1 percent in 2024. The forecast for 2023 is 0.2 percentage point higher than predicted in the October 2022 World Economic Outlook (WEO) but below the historical (2000–19) average of 3.8 percent. The rise…
A former member of the House of Representatives, Farouk Lawan, has been released from prison after serving his five-year sentence for soliciting and accepting a $500,000 bribe from Nigerian businessman, Femi Otedola. Lawan, who once chaired the House of Representatives ad-hoc committee investigating fuel subsidy fraud, was initially convicted in 2021. The bribe was allegedly…
UBA Foundation, the corporate social responsibility arm of United Bank for Africa (UBA) Plc, has launched a major environmental initiative, aiming to plant one million trees across Africa by 2025. This bold move positions the foundation at the forefront of the continent’s green revolution, promoting sustainability and climate action.As part of its 2024 Tree…
UBA Foundation, the corporate social responsibility arm of United Bank for Africa (UBA) Plc, has launched a major environmental initiative, aiming to plant one million trees across Africa by 2025. This bold move positions the foundation at the forefront of the continent’s green revolution, promoting sustainability and climate action.As part of its 2024 Tree…
Oil marketers have expressed willingness to buy fuel from the Dangote Refinery if the price is favourable.The marketers however accused the refinery of not being open by not making its price list public and available for them.President of the Products Retail Outlets Owners Association, Billy Gillis-Harry and the President of the Independent Petroleum Marketers Association…
Presumptive Democratic nominee Kamala Harris is meeting Sunday with the top contenders to be her running mate, and among them are Gov. Josh Shapiro of Pennsylvania, Gov. Tim Walz of Minnesota and Sen. Mark Kelly of Arizona. Both governors are traveling to Washington for an interview with Harris, according to multiple sources familiar with the…
