Economy/Business
Makinde to set up interim management team for PMS
Oyo state government on Thursday expressed its readiness to set up an interim management team for the Park Management System (PMS) in the state. This is contained in a communique issued at the end of stakeholders’ meeting on repositioning of activities of the PMS held at state Secretariat in Ibadan. The stakeholders’ meeting had …
Nigeria 2023: President Buhari Congratulates Tinubu
President Muhammadu Buhari has congratulated the winner of this year’s Presidential Election, the candidate of the All Progressives Congress, APC, Asiwaju Bola Ahmed Tinubu. Reacting to the presidential election results announced this morning by Chairman of the Independent National ElectoralCommission (INEC), Prof Mahmoud Yakubu, President Buhari said: “I congratulate His Excellency Bola Ahmed Tinubu …
Nigerian EuroBonds Rally Gains as Tinubu Leads
Nigerian bonds are posting some of the best gains in emerging markets as investors bet that Tinubu, who’s taken an early lead in the nation’s presidential election tally, will offer reforms to pull Africa’s largest economy out of a fiscal mess. Nigerian Eurobonds Gain for a Third Day Nigeria’s dollar bonds gained for a third …
Video : How Central Bank Of Nigeria Governor, Emefiele Gave Governors, Lawmakers, Other Influential Nigerians Billions Of Naira Loans Without Collateral –Kazaure, House Of Reps Member
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has been accused of granting scandalous loans to some ‘powerful’ Nigerians, with each of them getting a minimum of about N2 billion. A member of the House of Representatives for Yankwashi/Roni/Gwiwa/Kazaure Federal Constituency, Gudaji Kazaure, dropped the bombshell in a viral video, claiming he …
Sharp, Long-lasting Slowdown to Hit Developing Countries Hard, World Bank reports.
WASHINGTON, Jan. 10, 2023 Global growth is slowing sharply in the face of elevated inflation, higher interest rates, reduced investment, and disruptions caused by Russia’s invasion of Ukraine, according to the World Bank’s latest Global Economic Prospects report. Given fragile economic conditions, any new adverse development—such as higher-than-expected inflation, abrupt rises in interest rates to contain it, …
CBN Bows To Pressures, Reviews Cash Withdrawal Limits
Following pressure from Nigerians, the Central Bank of Nigeria (CBN) has reviewed cash withdrawal limits it issued earlier. A circular issued by Haruna Mustafa, Director of Banking Supervision says the CBN has consequently makes the following reviews: The maximum cash weekly limit for cash withdrawal across all channels by individuals is now N500, 000 while …
BREAKING: Nigeria To Change Naira Notes
The Central Bank of Nigeria (CBN) has redesigned some new naira notes. Godwin Emefiele, CBN governor, said this at a press conference on Wednesday. Emefiele said the new design and issues will be effective from December 15, 2022. He advised Nigerians to take old notes to banks for the new notes. According to Emefiele, the …
Oyo excited about AfDB’s special agro-processing zone project- Makinde
…as Bank commends Oyo govt Oyo State Governor, ‘Seyi Makinde, on Friday, maintained that the state government is delighted with the prospects and potential of the African Development Bank’s special agro-processing zone project sited in the state. The governor, who made this statement while receiving a team of the AfDB at the Governor’s Office, Secretariat, …
LAST CHANCE TO SPEND is 30th September, 2022: WHAT TO DO WITH YOUR £20 & £50 NOTES AFTER DEADLINE
If you still have any paper £20 or £50 notes in your wallet, today is your last chance to use them. After September 30, 2022, the Bank of England will be withdrawing the legal tender status from all paper £20 and £50 banknotes. Businesses and shops will not accept these notes as payment from October …
Pacesetter buses will provide world-class transportation system in Oyo – Makinde
…inspects Omi Tutun luxurious buses at Pacesetter Transport Service, Eleyele See Video Here : https://youtu.be/SlGJRl6vpW8 Oyo State Governor, ’Seyi Makinde, on Thursday, declared that the Pacesetter buses soon to be launched by his administration will provide world-class transport service to the state. The governor while inspecting the Omi Tuntun luxurious buses at the Pacesetter Transport …
Nigeria Ready To Fill The Vacuum Created By Russia/Ukraine War In Europe’s Gas Sector – Minister
The Minister of State for Petroleum Resources, Mr Timipre Sylva, has disclosed that Nigeria is ready to offer its services as an alternative gas supplier to Europe as the war between Russia and Ukraine, which is threatening the supply of gas to European countries by Russia. The Minister urged the European Union (EU) to …
We’re Ready To Impose Sanctions On Russia For Invading Ukraine – Nigerian Government
The President Muhammadu Buhari’s government has said Nigeria is ready to sanction Russia for invading Ukraine in line with the United Nations’ resolution to “adopt and impose sanctions” on the country. “On imposing (the) sanction, this is going to be a collective action. The United Nations has to act,” disclosed Nigeria’s foreign affairs minister …
Nigeria, all others removed from Red List by UK, Conditions Given
Nigeria and all other 10 countries on the travel red list will be removed as the system is “less effective in slowing the incursion” of the Omicron variant, Sajid Javid has announced. The health secretary said the countries will be removed from 4am on Wednesday, so passengers from those nations will no longer have to …
Oyo VAT Revenue Higher Than Total Collection Of 17 Northern States
Between January and August 2021, the value added tax, VAT, revenue generated by Oyo State was N64.646 billion, which was greater than the combined VAT revenue of Benue (N1.268 billion), Kogi (N3.286 billion), Kwara (N3.471 billion), Nasarawa (N2.495 billion), Plateau (N5.208 billion), Niger (N3.723 billion), Adamawa (N3.689 billion), Bauchi (N5.309 billion), Borno (N3.442 billion), Gombe …
Security : Unity of all ethnic groups and development Oyo lucky to have Makinde as governor, Senate Committee chair on Army Ali Ndume says
Makinde urges politicians to shun politics of bitterness …Oyo lucky to have you as governor, Senate Committee on Army says Oyo State Governor, ‘Seyi Makinde, has charged Nigerian politicians to shun political differences and maintain unity of purpose for the progress of the country. The governor, while receiving the members of the Senate Committee on …
