The Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI) has ordered its members to stay at home for safety of their lives. This is contained in a circular ANS/1IR/JAOP/5018 issued to unit presidents and secretaries by National President, Olusoji Oluwole on Friday. The order is a sequel to attacks on deposit banks […]
The Independent National Electoral Commission (INEC) has created additional 56,872 polling units to make the voting process easier for Nigerians. INEC Chairman, Prof. Mahmood Yakubu, said in a statement the new polling units were created to decongest overpopulated ones. Yakubu said INEC would send bulk SMS messages to voters that have migrated to new polling […]
APC presidential candidate, Bola Ahmed Tinubu, says his background as a son of a market woman made him appreciate the unintended hardship caused by the ongoing naira swap policy. Tinubu spoke at a town hall meeting with market leaders from around the country, on Friday evening in Abuja. He said his cries were informed by […]
Two agencies of the United Nations (UN) on Friday presented a 300-page report on coconut value chain analysis to the Lagos State Government. The agencies are the Food and Agriculture Organisation (FAO) of the United Nations and the United Nations Industrial Development Organisation (UNIDO). Mr Suleiman Abubakar, Assistant Food and Agriculture Organisation representative to Nigeria, […]
The Central Bank of Nigeria (CBN) says it has not authorised any Deposit Money Banks (DMBs) to accept the old N500 and N1,000 banknotes. The apex bank described, as false, the news going around to that effect. The news that the apex bank authorised DMBs to accept the old notes broke on Friday and went […]
The 2022 annual report of Mercedes-Benz Group AG, published on Friday, showed a modest increase in the German carmaker’s unit sales and profitability. Last year, Mercedes sold 2.45 million vehicles, against 2.32 million vehicles in 2021. The company’s EBIT (earnings before interest and taxes) rose by 28 per cent year-on-year to $21.8 billion (20.5 billion […]
Kenyan conservation organisation, on Friday, launched a campaign to conserve grey crowned cranes and save them from extinction. Joseph Mwangi, country manager at the Crane and Wetlands Conservation Project, said the grey crowned cranes are threatened with extinction. The grey-crowned cranes are a species of birds that flock in large numbers, anywhere between 30 and […]
The Federal Government has begun sensitisation on the aeromagnetic survey in six additional states in the country. The Ministry of Mines and Steel Development confirmed that it has engaged a consultant (Excalibur) to carry out the survey. Mr Ishaku Kigbu, the Media and Communication Officer, Mineral Sector Support for Economic Diversification Project in the ministry, […]
The Spanish government will allocate $75 million (70 million euros) for cooperation with the African countries. This is part of a “new phase” in relations, the country’s foreign ministry said on Wednesday. “Spanish Minister of Foreign Affairs, European Union and Cooperation, Jose Manuel Albares, announced this on Wednesday. Albares said this is a new phase […]
Ghana recorded an inflation rate of 53.6 per cent in January, the first drop from the previous month since May 2021. The January inflation rate was 0.5 percentage points lower than the 54.1 per cent recorded a month earlier, according to the Ghana Statistical Service. “We saw a decline in non-food inflation to 47.9 per […]