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Old Notes Have Cease To Be Legal Tender….CBN

The apex bank in Nigeria,Central Bank of Nigeria (CBN) has declared that the old N200, N500 and N1000 have ceased being legal tender since February 10, 2023. CBN had originally fixed January 31 as deadline for old notes to be in circulation but extended it in response to pressure from Nigerians. However, before the February 10 deadline, Kogi, Kaduna and ...

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Naira Swap… House Of Rep Kicks

By Tolulope Oguntimeyin The House of Representatives Adhoc Committee on new naira re-design and naira swap policy has rejected the ten days extension granted by the Central Bank of Nigeria (CBN) for the exchange of old naira notes. The CBN had fixed January 31st as the deadline for the exchange of the old naira notes; N200, N500 and N1000. The ...

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2023 Economic Survival Hangs On Restructuring – Okotie

Former Presidential candidate and interim government campaigner, Rev Chris Okotie has warned that Nigeria’s future is guaranteed only when the country is restructured. In continuation of his interim government campaign which he began in 2019, Okotie said that for Nigeria to overcome the 2023 global economic headwinds predicted by experts, the country would need strong governance structures and a stable ...

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COVID-19: Ministry of Youth and Sports Development Creates Opportunities for Youth

The Ministry of Youth and Sports Development under the leadership of the Minister Mr. Sunday Dare has called on Nigerian youth to tap into  the digital opportunities available to make a living for themselves even with the threat of the coronavirus in Nigeria. The Minister who has always maintained the need for Nigerian youth to be self reliant said this trying ...

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Ewelukwa Is The New NBET Boss

The Nigerian Bulk Electricity Trading (NBET) Plc has announced Dr. Nnaemeka Ewelukwa as its acting Managing Director/CEO . The Minister of Power, Engr. Sale Mamman had on Tuesday directed that the erstwhile MD, Dr. Marilyn Amobi stepped down over myriads of complaints. He also raised a five- man committee to investigate those complaints about Amobi. Barely 24 hours after the ...

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Sports As An Industry – Minister

The Minister of Youth and Sports Development, Mr Sunday Dare has once again reiterated his vision of sports as a viable industry and business hub that will grow the Nigerian Economy, considering the large percentage of human resource that are mostly youths. The Minister confirmed this when he had in audience a delegation from the Nigerian Economy Summit Group (NESG) ...

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Benin Enterprise, Industrial Park get $250m Investment

  The Edo State Governor, Mr. Godwin Obaseki, has said that an anchor tenant has committed about $250 million dollars investment to the Benin Enterprise and Industrial Park project.   Obaseki said this during a courtesy visit by a World Bank Team led by Gloria Joseph-Raji, at Government House, in Benin City, on Tuesday.   The governor said his administration has continued to ...

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Cooperatives Day: AUDA-NEPAD Boss Urges Stakeholders To Collaborate On Job Creation, Others

Princess Gloria Akobundu, National Coordinator, Chief Executive officer, African Union Development Agency- New Partnership for Africa’s Development/(AUDA-NEPAD), calls for more cooperation among Nigerian stakeholders on job creation to greatly engage the teeming population. This was said on Saturday in a statement signed on Saturday by Abolade Ogundimu, Media Assistant to the C.E.O of AUDA-NEPAD Nigeria. Akobundu sued for patriotic collaboration ...

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