In an effort to sustain the increase in inflows of diaspora remittances, the Central Bank of Nigeria (CBN) begins an incentive policy for senders and recipients of International Money Transfers tagged, the “CBN Naira 4 Dollar Scheme”. According to the apex bank, the scheme which starts today (Monday) and ends in May 2021 is part…
The Kwara State government has further ordered the extension of the closure of 10 Mission Secondary Schools in the state over Hijab controversy. A statement released on Monday by Mrs Kemi Adeosun, Permanent Secretary, Ministry of Education and Human Capital Development said that the schools should remain closed because of security reasons. It will be…
February data signalled another modest expansion in the Nigerian private sector, underpinned by solid growth in new orders and output. Companies continued to expand their purchasing activity and resumed hiring efforts during the month. Signs of spare capacity were again evident, with a fresh record reduction in backlogs registered. Meanwhile, unfavourable exchange rate movements, higher…
As the 2021 International Women’s Day (IWD21) calls on people and organisations to #choosetochallenge for a better world for women, Guaranty Trust Bank plc (GTBank) has launched an initiative, tagged #GiveHerBetaHealth, to draw attention to the need for universal essential healthcare coverage, especially for women in the informal sector. Through the initiative, the leading African…
President Muhammadu Buhari and Vice President, Professor Yemi Osinbajo (SAN), have just received their COVID-19 vaccine jab, a day after the Federal Government launched the vaccination exercise in the country. They took the jab on Saturday at the new Banquet Hall of the Presidential Villa in Abuja. The vaccine was administered to the President…
The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa on Friday March 5, 2021 officially assumed duties with a pledge to steer the organization towards proactive and intelligence-led investigation. He said he would create a full-fledged directorate of intelligence that would spearhead intelligence gathering, which will ensure proactive response in the…
The Lagos State Government is set to partially close the Marine Bridge from Tuesday, 9th March to Monday, 21st June, 2021 for emergency repair works on the Apapa outward section of the bridge. A statement signed by the Commissioner for Transportation, Dr. Frederic Oladeinde stated that the partial closure was necessary to maintain the bridge…
Africa’s leading hospitality brand, Transcorp Hotels Plc. has announced the launch of Aura, a new digital platform through which people can book accommodation, restaurants, and experiences. The new brand, Transcorp’s first in the alternative accommodation segment, is part of the company’s asset-light model, leveraging technology to deliver true hospitality, exciting experiences, and drive shareholder value.…
Hiding in the shadows and doing things under the cover of his easy going nature, Governor Douye Diri of Bayelsa has set his state alight with his work. 365-plus days in office and the former Senator representing Bayelsa Central is still a son of miracles. Indeed, who else could have gotten so much done in…
Sunday, February 28, will be etched in the history of Oyo Town for a very long time. This is because it was the day that the Alaafin of Oyo, Oba Lamidi Olayiwola Adeyemi III, conferred the title of Aare Onikoyi of Yorubaland on Otunba Tomori Williams. Indeed, on that day, endless blessings flowed, as the…