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07

Tinubu appoints board of Family Homez Funds

President Tinubu asked the new board members to deploy their expertise, experience, and commitment to steer the Family Homes Funds towards achieving its mandate of driving growth and development in the real estate sector.

Tuesday, Jul 2

00

CBN to sanction banks, BDCs, others over rejection of old dollar notes

The CBN will not hesitate to sanction any commercial bank or authorised forex dealer that refuses to accept old series or lower denominations of US Dollar bills from customers.

NNPC declares state of emergency on crude oil production

Mr Kyari said the move is towards increasing Nigeria’s crude oil production and growing its reserves

22

AGF takes over prosecution of Polaris Bank, official for alleged N16.5bn fraud

The police accused Polaris Bank and one of its officers of fraudulently diverting over N16.5 billion from a customer's various accounts within nearly eight years.

Jigawa govt signs ₦6bn partnership with Bank of Industry

Mr Omar said the partnership with the Jigawa State government is the biggest ever MOU signed with any state government since the inception of the bank.

Reps probe CBN’s N1.12 trillion anchor borrowers scheme, NIRSAL’s N215 billion loan

The committees are to also investigate the handling of the N5 billion loan facility to the Bank of Agriculture (BOA) for livestock farmers across the country.

21

How flooding can be controlled in Nigeria – Deputy Senate President

The deputy senate president called for a collaboration between NiMet, state and local government authorities to call the attention of the people against impending rainstorms.

18

Lawmaker accuses deputy speaker of bias, stages walkout

Cyril Hart, a first-time lawmaker, accused Deputy Speaker Ben Kalu of giving preference to senior members of the House during debates.

16

Experts advocate implementation of local content law in Nigeria’s oil sector

The stakeholders made the call while speaking at the ongoing 2024 Nigeria Oil and Gas (NOG) Energy Week in Abuja on Monday.

15

Nigerian govt overhauls Withholding Tax, grants exemptions to farmers, SMEs

Withholding Tax (WHT) serves as a prepayment of Income Tax, deducted at rates between 5 per cent and 10 per cent depending on the transaction

08

ANALYSIS: How Nigeria’s House of Reps fared under Tajudeen Abbas in one year

The House set an agenda for itself and indicated the objectives it seeks to achieve after one year.

01

Investigations revealed N30 billion cash inflow into Mompha’s bank account – Witness

The witness told the court what he learned about Mompha and his company and the details of the allegations against them during an investigation.

Monday, Jul 1

15

NAFDAC shuts 100 shops in Enugu market

NAFDAC said the shops were shut down on Monday when its officials raided the market in collaboration with Nigerian security agencies.

12

Discrepancies in account names delaying Heritage Bank customers’ payment – NDIC

On payment of depositors with more than five million naira with the bank, NDIC said they would be paid a liquidation dividend.

Sunday, Jun 30

23

Zamfara governor backtracks on federal permanent secretary just appointed by Tinubu

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The Zamfara State Government earlier rejected the appointment of Mrs Ismaila as federal permanent secretary representing the state.

21

Ekiti govt writes TCN, NERC, BEDC, rejects planned two-month power outage

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“The planned disruption of electricity in these two months amounts to an unacceptable economic, financial and social price to be paid by the citizens of Ekiti State, and we totally reject such a plan,” the Commissioner said.

17

New executive order key to unlocking local healthcare manufacturing potential – NAFDAC

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With the President’s approval, the next line of action is for the Attorney General of the Federation, Lateef Fagbemi, to take the next steps towards codifying the new order, Mr Pate earlier stated.

Saturday, Jun 29

00

Court acquits 28 charged with money laundering in Panama Papers case

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Among those exonerated were Jurgen Mossack and the late Ramon Fonseca, founder of Mossack Fonseca, the defunct law firm at the centre of the Panama scandal.

19

Zamfara govt rejects new federal permanent secretary appointed by Tinubu

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President Bola Tinubu, on 28, June approved the appointment of Mrs Ismaila alongside seven others as permanent secretaries to fill existing and impending vacancies of some states and geo-political zones in the top administrative cadre of…

11

Tinubu signs new executive order to address rising cost of drugs, other consumables

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Mr Pate said the new order will reduce production costs and enhance local manufacturers’ competitiveness.

10

CBN releases new forex deposit rules to stabilise exchange rates

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The deposit thresholds are set at maximum of USD 10 million for higher bills (USD 100 and USD 50) and USD 1 million for lower bills (USD 20 and below).

04

Ways and means and Nigeria’s debt situation, By Abdulrahman Abdulraheem

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“Strengthening national capacities for debt management is crucial. It allows us to meet the government’s funding needs in a cost-effective and risk-conscious manner, both now and in the future. Countries must prioritise building a balanced…

Friday, Jun 28

08

EXCLUSIVE: Presidential Jet: Nigerian govt to buy foreclosed aircraft from German Bank

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The identified aircraft is said to be a repossessed one recovered from a troubled oil sheikh who used the aeroplane as collateral for a loan he obtained from an unidentified German bank to buy it.

Thursday, Jun 27

00

Seplat, Tier-1 banks raise stock market by N6bn

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The All-Share Index also rose slightly by 0.01 per cent, or 11 points, to close at 99,396.23, compared to 99,385.44 recorded on Wednesday.

20

Minimum Wage: Southern Governors’ Forum advocates benchmarks based on states’ capacity

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The governors advocated that each state be allowed to negotiate the new wage with the labour unions.

17

Senate extends implementation of 2023 budget, Supplementary Appropriations Act till December

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The Senate extended the appropriation bills after they were read for the first, second and third time and supported by majority of its members.

16

Best casinos that accept prepaid VISA cards in USA

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Visa offers some of the best-prepaid cards in the US market, so it is only proper that many online casinos operating in the country accept the use of this company's card.

14

NPA generated N501 billion revenue in 2023 – Official

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"Taxes paid to the government of the federation also grew at various times in the period under review up to $77.7 million and N17.6 billion, respectively," Mr Bello-Koko said.

Only lazy journalists should be scared of Artificial Intelligence — Founder, RadioNow

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"There is a lot of fear around—people saying AI is coming to take our jobs. AI will not take your job unless you are a lazy journalist because, at the heart of journalism, accountability journalism is holding power accountable and ensuring…

11

Nigerian stock market rebounds, gains N95bn

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The All-Share Index also rose by 0.17 per cent or 168 points to close at 99,385.44, compared to 99,217.60 recorded on Tuesday.