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05

Your seven days request to resolve currency notes problem too long, Afenifere tells Buhari

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The pan-Yoruba socio-political organisation, Afenifere, has declared that the seven days request made by President Muhammadu Buhari to resolve the problems associated with cash crunch in the country was too long. In a press release signed…

Currency swap crisis: Osinbajo seeks deployment of more Fintech

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As Nigerians continue to experience difficulties in accessing cash, Vice President Yemi Osinbajo, has urged major players in the FinTech space, to explore more possible ways of mitigating the current hardships Nigerians are encountering.…

Saturday, Feb 4

15

Fuel scarcity: Makinde deploys free commuter buses in Oyo

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Seyi Makinde, governor of Oyo State has deployed Omituntun buses free to ease movement of residents of the state following the twin crisis of new naira-notes and fuel scarcity. This is contained in a statement by Taiwo Adisa, chief press…

14

Tinubu, APC Presidential candidate will get 1.5 m votes in Oyo – Folarin

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Teslim Kolawole Folarin, governorship candidate of All Progressives Congress (APC) in the 11th March election in Oyo State, has said that the party’s Presidential Candidate, Bola Ahmed Tinubu, would get between 1.5 million and two million…

My mission is to rescue Nigeria from shackles of backwardness, says Obi

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Peter Obi, presidential candidate of the Labour Party in the 2023 general election, has said that his mission to become the president of Nigeria was to rescue the country from the shackles of backwardness and set it on the path of progress…

NANS, youths endorse Oluyole female lawmaker for 2nd term

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The National Association of Nigerian Students (NANS) has endorsed Tolulope Akande-Sadipe, House of Representatives member, as their preferred candidate for the Oluyole Federal Constituency. The students’ body led by Akinteye Obatunde Afeez…

13

Nigeria needs vibrant judiciary – Governor Bello

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Yahaya Bello, the governor of Kogi State, has said that what Nigeria presently needs now is a vibrant judiciary. Bello stated this on Friday at the swearing in of Justice Josiah Majebi as substantive Chief Judge of Kogi State, adding that…

CBN to meet banks, telcos, PoS operators over charges

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The Central Bank of Nigeria (CBN) said it will meet with the deposit money banks (DMBs) Mobile Money Operators (MMOs) and Telcos over excessive charges by Point of Sale (PoS) operators. Godwin Emefiele, governor of the CBN said that this…

12

Chaotic cash shortage forces Nigerians to wait hours at ATMs

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Nigeria is staring at chaos as ATMs in Africa’s biggest economy run out of new notes, days before a deadline that will render high-value currency illegal. According to a fresh report by Bloomberg, hundreds of people were stranded at a…

Emefiele punishing Nigerians for his failed presidential bid says Ganduje

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Kano state governor and Abdullahi Ganduje has alleged that Central Bank governor Godwin Emefiele introduced the chaotic change of Naira notes because of the spectacular failure of his presidential bid. Emefiele did what many considered…

11

Adigwe calls for adoption of Artificial Intelligence

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Peter Adigwe, director general, National Institute for Pharmaceutical Research and Development (NIPRD), has called on stakeholders in the health sector to ensure the adoption of Artificial Intelligence (AI) and Machine Learning (ML) in…

9, 710 PVCs yet to be collected in Nasarawa – REC

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A total of 9,710 Permanent Voter Cards (PVCs), out of the total number of 122,697 eligible PVCs for the 2023 general elections are yet to be collected in Nasarawa State. Uthman Ajidagba, the Resident Electoral Commissioner of the…

Naira scarcity: CBN moves to decongest ATMs, banking halls in Nasarawa

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The Central Bank of Nigeria (CBN) has deployed agents to some commercial banks premises in Lafia, Nasarawa State to facilitate its new naira swap policy. Atiku Muhammed-Nasir, Director, Security Service of the apex bank, told newsmen on…

Friday, Feb 3

00

Osinbajo expresses worry over difficulty in getting new naira notes

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Worried by the difficulty experienced by Nigerians in getting the new naira notes, Vice President Yemi Osinbajo, Friday met with some players in the FinTech space, exploring possible ways of mitigating the hardship. Specifically, he urged…

22

Naira redesign: CBN pleads with Nigerians to be calm

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The Central Bank of Nigeria (CBN) on Friday called all Nigerians and the banking public to be calm and show more understanding as the country transits from old to new naira. Godwin Emefiele, governor of the CBN said this during a press…

17

Boomplay rolls out plans to mark excellence in African music at Grammy

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Boomplay, one of the Africa’s most high-end music streaming and download platform, has rolled out plans targeted at celebrating excellence in African music at the 65th Grammy Awards, the world’s biggest global music night. Currently,…

Tickets sales decline caused $500m loss in 2022 – travel agents

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The National Association of Nigeria Travel Agencies (NANTA) has disclosed that it lost between $450m to $500m revenue in one year as a result of the drop in ticket sales. Airfares have risen to almost 400 percent to all international…

Nigeria Customs blames N400bn revenue shortfall on insecurity, bureaucracy

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Hameed Ali, the comptroller-general of the Nigeria Customs Service (NCS), has blamed the Service’s inability to meet its annual revenue target of N3.1 trillion in 2022 for the high rate of insecurity in the northeastern part of the country…

16

Fintech firm mitigates cost of living crisis with new credit product

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In a bid to mitigate the current cost of living crisis and give Nigerians access to better quality of life, Payfi, a Fintech firm has partnered FCMB and Credit Direct Limited (CDL) to introduce a new credit product, ‘Buy Now, Pay Later’ …

DealHQ Partners launches annual law essay competition

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DealHQ Partners, a leading Africa-focused deal advisory and boutique commercial law firm based in Lagos, Nigeria, has launched its annual Law Undergraduate Essay Competition. The second edition of the competition is aimed at stimulating…

15

2023: Buhari meets APC Governors

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Twenty-two days to the 2023 Presidential election, Muhammadu Buhari on Friday met with governors elected on the platform of the All Progressives Congress (APC). BusinessDay gathered that the meeting is not unconnected with strategies to…

Buhari to announce major decisions on currency problems in seven days – Presidency

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President Muhammadu Buhari on Friday asks Nigerians to give him seven days to resolve the cash crunch that has become a problem across the country from the policy of the Central Bank of Nigeria to change high-value Naira notes with new…

14

Ibom Air to expand routes to 7 African countries

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Ibom Air, owned by the Akwa Ibom government, has announced plans to expand its routes to seven African countries as part of efforts to grow the brand and make it a regional operator. The airline which has seven aircraft on its fleet said…

Fuel scarcity, Naira crisis, causing unnecessary disruption — Yoruba Ronu

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Yoruba Ronu, a socio-political organisation in Southwest, Nigeria, has lamented the current state of the nation, wondering why the current fuel scarcity lingers on for too long and the new naira notes will be so difficult to access by…

Election taking place at time Nigeria faces numerous challenges – CHRICED laments

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The Resource Centre for Human Rights & Civic Education (CHRICED) has lamented that the forthcoming elections will take place at a time when the country is facing numerous challenges. It said the challenges range from insecurity to the…

Economy gains as iCreate Africa promotes technical, vocational skills for artisans

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iCreate Africa, a social enterprise and skill advocate, says it is out to promote technical and vocational skills for artisans in Nigeria, describing skills as a global currency and a tool fashioned to empower young people to create…

13

Photos : UNIBEN students block Benin-Lagos Expressway over alleged military oppression

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read more Photos : UNIBEN students block Benin-Lagos Expressway over alleged military oppression

Lagos issues traffic advisory ahead Access Bank Lagos City Marathon 2023

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The Lagos State government has announced a diversion of traffic, as some designated roads will be closed Saturday for a few hours for the eighth edition of Access Bank Lagos City Marathon. The marathon, which will be flagged off at Teslim…

12

New naira notes: Scarce in banks, abundant at parties

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While the new naira is causing long queues at ATMs, there’s an abundance of it at parties of late. Last week, videos of people spraying the new naira notes at parties circulated on social media, while others faced long lines and waited at…

04

Five things to know to start your Friday

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FG to close energy gap through Rural Electrification Agency– Minister Goddy Jedy-Agba, the Minister of State for Power, said on Thursday at the 2023 Rural Electrification Agency (REA) Management and Board Retreat that the projects…