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Friday, May 3, 2024
eNaira records 200,000 users, N4bn transactions value – Emefiele

eNaira records 200,000 users, N4bn transactions value – Emefiele

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The Central Bank of Nigeria (CBN), digital currency, eNaira has recorded 200,000 volumes and four billion Naira value of transactions since its inauguration in 2021.
My commitment to greater Lagos unwavering — Sanwo-Olu

My commitment to greater Lagos unwavering — Sanwo-Olu

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Gov. Babajide Sanwo-Olu of Lagos State has restated  his administration’s commitment to the greater Lagos agenda.
Lagos bans commercial motorcycle operations in another 4 LGs, 6 LCDAs from Sept. 1

Lagos bans commercial motorcycle operations in another 4 LGs, 6 LCDAs from Sept. 1

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The Lagos State Government has announced the ban of commercial motorcycle (popularly known as okada) operations in four more Local Governments (LGs) and six Local Council Development Areas (LCDAs).
Police arrest 3 suspects with 20 mummified bodies in Edo

Police arrest 3 suspects with 20 mummified bodies in Edo

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Operatives of the Edo Police Command have busted a suspected ritual shrine in Benin and arrested three suspects with 20 mummified bodies.

Liquidity Shortage Keeps Inter-bank Rate at 15%

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The Nigerian financial system is still facing liquidity pressures as the average interbank rate remains at 15% while market participants continue to price interest...
Emirates to suspend flights from Nigeria on Sept.1

Emirates to suspend flights from Nigeria on Sept.1

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Emirates Airlines says it plans to suspend all flights to and from Nigeria on Sept. 1, to limit further losses following its inability to repatriate about 85 million dollars in revenue from the country.

Gov Ikpeazu to release N30m for Asa Electricity Project

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Gov. Okezie Ikpeazu of Abia
Paris Club: Governors Forum Faults Malami on Payment to Consultants

Paris Club: Governors Forum Faults Malami on Payment to Consultants

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The Nigeria Governors Forum (NGF) has disagreed with Abubakar Malami, the Attorney-General of the Federation and Minister of Justice on the payment of consultants for the Paris Club refund.
AFRIMA to promote Africa’s strength in music – Organisers

AFRIMA to promote Africa’s strength in music – Organisers

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Organisers of the All Africa Music Award (AFRIMA) said their upcoming award event would aim at promoting the strength of Africa, to tell a positive story of the continent.

National Union of Electricity Employees Suspends Strike

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The leadership of the National Union of Electricity Employees (NUEE), says the union has suspended the ongoing strike by two weeks. Mr Godfrey Abah, the...