World Bank says Nigeria’s poor growth will weaken West Africa’s economy The World Bank has said that the lower-than-average growth in Nigeria will hold back the sub-region’s economic performance. The Washington-based lender in a report on the economic outlook of Western and Central Africa stated[Read More…]
Obazee submits final investigative report on Emefiele, to Tinubu President Bola Tinubu has commended Jim Obazee for his services as a special investigator as he concludes his probe on the activities of the Central Bank of Nigeria (CBN) and related entities. In July 2023, Tinubu appointed Obazee, former[Read More…]
Kano Gov Abba Yusuf set up panel to investigate Ganduje’s Govt Abba Yusuf, governor of Kano, has set up two judicial panels to probe cases of political violence, misappropriation of public assets and missing persons that occurred between 2015 and 2023, during the tenure of former Governor Abdullahi Ganduje. In[Read More…]
Bassirou Faye sworn in as Senegal president Bassirou Diomaye Faye, a left-wing pan-Africanist, was sworn in Tuesday as Senegal’s youngest president after sweeping to a first-round victory on a pledge of radical reform 10 days after he was released from prison. The 44-year-old has never before held an elected office[Read More…]
CPPE back CBN’S Recapitalisation move The Centre for the Promotion of Private Enterprise (CPPE) has said banks’ recapitalisation would ensure the safety of depositors’ funds. Muda Yusuf, chief executive officer (CEO) of CPPE, made this known in a statement on Monday. The apex bank, on March 29, increased the minimum[Read More…]
TotalEnergies promises sustainable energy As TotalEnergies clocked 100 years, the company has promised to continue to adjust and adapt to be part of the story of energy for another 100 years. On March 28, 1924, Compagnie Française des Pétroles was founded in France, a country without any[Read More…]
NCC extends NIN-SIM deadline to July 31 The Nigerian Communications Commission (NCC) has extended the deadline for the disconnection of unlinked lines from April 15 to July 31, for subscribers with more than four SIM cards. According to source from the Telecommunication sector the deadline for those with less than[Read More…]
FG secures ¥15b loan from Japan boost agricultural projects Wale Edun, minister of finance and the coordinating minister of the economy, says the federal government has received the sum of ¥15 billion from the Japanese International Cooperation Agency to support the country’s national agricultural scheme project. Edun spoke while addressing[Read More…]
Sagay warns aviation ministry against use of Boeing 737 planes, says it’s risky Itse Sagay, a senior advocate of Nigeria (SAN), says the federal government should not use Boeing Max planes for Nigeria’s official carrier — Nigeria Air — because of its history of deadly crashes. Sagay, former chairman of[Read More…]
ONSA confirms escape of Binance executive, notifies INTERPOL Zakari Mijinyawa, the head of strategic communication at the Office of the National Security Adviser (ONSA), has provided an update regarding the escape of Mr. Anjarwalla from Nigeria using a smuggled passport. According to Mijinyawa’s statement, preliminary investigations have revealed that[Read More…]
