financial
Governor Hope Uzodinma Approves ₦70,000 Minimum Wage for Imo Civil Servants
The Governor of Imo State, Hope Uzodinma, has approved a new minimum wage of ₦70,000 for civil servants in the state. This decision,...
House of Representatives Mandates ₦500 Billion Recapitalisation for DisCos to Protect Consumers
The House of Representatives has called for a ₦500 billion recapitalisation exercise for Nigeria’s Electricity Distribution Companies (DisCos) to bolster their financial stability...
Supreme Court Upholds Legality of EFCC Act in Landmark Judgment
In a decisive ruling on Friday, the Supreme Court dismissed a lawsuit brought by 19 states against the Attorney-General of the Federation (AGF),...
CBN’s Push for Financial Inclusion: Expanding Access to 28 Million Unbanked Nigerians
The Central Bank of Nigeria (CBN) has revealed that approximately 28 million Nigerians, primarily in rural areas, lack access to banking services. This...
CBN Maintains High Interest Rates to Tackle Persistent Inflation in Nigeria
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, recently highlighted the complexities surrounding Nigeria’s high-interest rate policies, pointing out...
CBN Confirms No Deadline for Old Naira Notes, Dispels December 2024 Rumors
The Central Bank of Nigeria (CBN) has clarified that there is no cutoff date for using the old N200, N500, and N1,000 Naira...
Senate Dismisses Petition by Sacked Naval Officer for Lack of Merit
On Wednesday, the Nigerian Senate dismissed a petition filed by former naval officer Mr. Ewato Flaubert Oluwadolapo, who sought reinstatement into the Nigerian...
Ondo State Begins N1.4 Billion Disbursement to Support Vulnerable Residents
The Ondo State Government has launched the disbursement of N1.4 billion as part of the ONDO-CARES social intervention program, aimed at assisting unemployed...
U.S. Court Clears Air Peace CEO Allen Onyema of Business Fraud Allegations
The Chief Executive Officer of Air Peace, Allen Onyema, has been cleared of any wrongdoing by the District Court in Atlanta, Georgia, following...
Lagos Assembly Plans Public Hearing to Review Local Government Law
The Lagos State House of Assembly has announced its intention to hold another public hearing to review the Local Government Administration law. The...
