House of Rep passes bill for enhanced judicial salaries
The House of Representatives has approved a bill aimed at increasing salaries and allowances for judicial office holders in Nigeria.…
Day: March 21, 2024
Neuralink: Musk’s firm says first brain-chip patient plays online chess
Elon Musk’s brain-chip company, Neuralink, has showcased its groundbreaking technology by enabling its first patient, Noland Arbaugh, to control a…
Reddit IPO prices at top range, valued at $6.4 billion
Reddit has priced its shares at the top of the marketed range, valuing the social media platform at $6.4 billion…
Tinubu places ban on ministers’ foreign trips
President Bola Tinubu has put a temporary stop to ministers, agency heads, and government officials from going on publicly funded…
Budget cuts, extend wait for retiree benefits
The reduction in the budget for pensions and retiree benefits in the 2024 budget has led to further delays in…
Agricultural research spending fails to boost farmer output
Despite the federal government spending N266 billion on agricultural research institutes over the past five years, farmers’ output remains low,…
Govt derisking power sector to attract investments– Verheijen
Olu Verheijen, President Bola Tinubu’s energy special adviser, has highlighted ongoing government efforts to reduce risks in the power sector…
CBN clarifies fertiliser donation as not new intervention
The Central Bank of Nigeria (CBN) clarified that the recent donation of 2.15 million bags of fertilisers to farmers is…
Senate passes bill for NYSC Trust Fund
The Senate has approved a bill put forward by Senator Yemi Adaramodu (APC, Ekiti) to establish the National Youth Service…
FG moves to address under-utilization of ports
Chief Adegboyega Oyetola, Minister of Marine and Blue Economy, emphasized the need for the federal government to fully support the…
African Guarantee Fund to support green finance
The African Guarantee Fund (AGF) is teaming up with the Nordic Development Fund (NDF) to assist banks in enhancing their…
LCCI raises alarm over soaring Inflation
The Lagos Chamber of Commerce and Industry (LCCI) has expressed deep concerns regarding the continuous rise in inflation, stating that…
SEC declines PZ Cussons request to buy out Other shareholders
PZ Cussons Nigeria’s plan to delist from the Nigerian Exchange Group (NGX) has encountered a hurdle, as the Securities and…
Naira Strengthens To N1400/$ At Parallel Market
Parallel market operators are now quoting a buy price of N1400/$1 for individuals looking to sell dollars, indicating a significant…
Customs launches authorised economic operators programme
The Nigeria Customs Service (NCS) unveiled the Authorised Economic Operators (AEO) programme in Abuja on Wednesday, aiming to enhance ease…
CBN Clears Foreign Exchange Backlogs
The Central Bank of Nigeria (CBN) has announced the clearance of all valid foreign exchange backlogs, fulfilling a key pledge…
NNPC Public Listing Is Within Sight, Says Kyari
Mele Kyari, the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, indicated during the CeraWeek…
GTCO Food and Drink festival returns in 2024
The eagerly anticipated 7th edition of the GTCO Food and Drink Festival is set to take place from Friday, April…
FBN Holdings appoints new directors under Otedola’s chairmanship
FBN Holdings, Nigeria’s oldest bank, has appointed three new directors for the HoldCo and two for the Bank, marking the…