February 2024
It’ll be difficult for Tinubu government to pay N100,000 minimum wage — Presidency
Bayo Onanuga, the Special Adviser on Information & Strategy to President Bola Tinubu has claimed that it would be difficult for the Nigerian government to peg the new proposed minimum wage at N100,000. Onanuga made this known on Monday in an interview with Arise Television. According to him, the country’s current financial strength indicated that […]
eNaira adoption surges as value in circulation rises 302% to N10bn
The value of eNaira in circulation rose by 302 per cent in nine months to N10.26 billion at the end of September reflecting increased adoption of Africa’s Central Bank Digital currency. It was also gathered that the increased adoption was driven by transactions via USSD channels. Introduced by the Central Bank of Nigeria, CBN in […]
Stop cyberbullying Iwobi, Musa begs fans
Super Eagles captain, Ahmed Musa, has pleaded with fans to stop the cyber attacks on teammate Alex Iwobi following Nigeria’s Africa Cup of Nations final loss to Ivory Coast on Sunday. The Eagles suffered a 2-1 defeat to Ivory Coast at the Stade Alassane Ouattara, ending the team’s dreams of a fourth continental crown. The […]
How Emefiele-led CBN released $6.2m for foreign election observers – Director
The fraud trial of the immediate-past governor of the Central Bank of Nigeria, Godwin Emefiele, continued on Monday before the Federal Capital Territory High Court in Maitama, with a deputy director at the apex bank, Onyeka Ogbu, testifying against him. The Economic and Financial Crime Commission is prosecuting Emefiele on amended 20 counts bordering on […]
Access Holdings appoints Agbede as Acting Group CEO after Herbert Wigwe’s death
Access Holdings Plc has announced the appointment of Ms. Bolaji Agbede as the Acting Group Chief Executive Officer (CEO) following the untimely death of its former CEO, Dr. Herbert Wigwe. The tragic incident occurred in a helicopter crash, claiming the lives of Dr. Wigwe, his wife, son, and former Nigeria Exchange Group Chairman, Abimbola Ogunbanjo, […]
Owa Stool: Adeleke and His White Paper
The unprecedented incident in Igbajo is one of the biggest wrongdoings of Gboyega Oyetola’s administration through his former Commissioner for Local Government and Chieftaincy Affairs, Prince Adebayo Adeleke (Banik. The damage done by Oyetola and Banik towards ruining the affairs of communities wasn’t limited to Igbajo only. Ikirun and Iree were also affected by this […]
(Opinion) Harsh economy and OHIS option for your health
The prevailing economic situation has given rise to a raging question about access to quality healthcare. Rising costs of normal day-to-day necessities like food and transportation mean that for many, there is not as much money left to take care of their health. And to compound the problem is the astronomical increase in the cost […]
Unknown Gunmen Kill Popular Lawyer in Imo
A popular legal practitioner, Victor Onwubiko was killed on Saturday night by unknown gunmen In Imo State. It was learnt that the lawyer was killed while he was returning to Abia State University, Uturu, where he resided. A source who is privy to the situation told newsmen that the incident happened along the Okigwe/Uturu road […]
Naira volatility: Banks to fix forex rates —CBN
FOLLOWING persistent fluctuations of the naira exchange rate, the Central Bank of Nigeria (CBN) has permitted banks to sell foreign exchange at rates determined by them. With the banks determining their own prices, customers may find better deals on FX compared to the previous system while customers can compare the prices offered by different banks, […]
FIRS denies plans to tax online content creators
The Federal Inland Revenue Service (FIRS), says it has no plans to tax online content creators. According to a staff of the agency who spoke under the condition of anonymity, skit makers are individuals who do not fall within the purview of the FIRS. “FIRS does not tax Personal Income Tax, state governments do. “FIRS […]