CBN Warns Banks Over Cash Scarcity, Threatens Sanctions

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The Central Bank of Nigeria (CBN) has threatened to impose fines on financial institutions failing to address the ongoing cash scarcity at ATMs. Governor Olayemi Cardoso made this announcement on Friday during the annual Bankers’ Dinner organized by the Chartered Institute of Bankers of Nigeria. He acknowledged the challenges Nigerians […]

Tinubu Congratulates Okonjo-Iweala on WTO Re-election

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President Bola Tinubu has congratulated Dr. Ngozi Okonjo-Iweala on her unanimous re-election as the Director-General of the World Trade Organization (WTO). Dr. Okonjo-Iweala, a former Nigerian Finance Minister, made history in 2021 as the first African and woman to lead the WTO. Her second four-year term begins on September 1, […]

Federal Government’s electricity subsidy has surged by 269%, rising from ₦650 billion in 2023 to an estimated ₦2.4 trillion in 2024.

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Nigeria’s annual electricity subsidy has soared by 269% to ₦2.4 trillion in 2024, up from ₦650 billion in 2023, despite efforts to reduce it through tariff adjustments. This was revealed by Dr. Yusuf Ali, Commissioner for Planning, Research, and Strategy at NERC, during PwC’s Power and Utilities Roundtable in Lagos. […]

APU Academy Director Hails Umeh on Federal College in Agulu

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The Director of APU Vocational Academy, Agulu, Dr. Duezeh Emmanuel Jr., has commended Senator Victor Umeh, representing Anambra Central Senatorial District, for sponsoring the bill for the establishment of Federal College of Skill Acquisition and Technology, Agulu.In a statement, Dr. Emmanuel Jr. expressed his profound gratitude to Senator Umeh and […]

Rivers people excited with my government – Fubara

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Governor Siminalayi Fubara of Rivers State has expressed that the people, particularly civil servants, are excited about his administration due to its people-oriented policies and programs. He assured that his government is committed to fulfilling its obligations to the people, protecting the state from those who seek to disrupt governance, […]

Nigeria steps up efforts to end AIDS by 2030

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As the world commemorates the 2024 World AIDS Day on December 1, Nigeria has reaffirmed its dedication to ending AIDS as a public health threat by 2030 through a national-level acceleration committee established to track implementation of the Global Alliance Action Plan to End AIDS in Children. The Director General […]

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