Minister of Power, Chief Adebayo Adelabu, has assured Nigerians that the federal government will leave no stone unturned when it comes to transforming all the three segments of the power sector value chain from power generation to transmission and distribution ...
Read More »Daily Archives: February 28, 2024
NLC Suspends 2-day Nationwide Protest, Issues Fresh Ultimatum
Following the success achieved on the first day of its two-day nationwide protest on Tuesday, the leadership of the Nigeria Labour Congress (NLC) has suspended further street protest. The decision was reached after the National Executive Council (NEC) of NLC ...
Read More »In Proposed Law, Senate Pegs CBN Gov, Deputies’ Tenure To 6-year Single Term
…N1trn recapitalisation for banks In a proposed legislation, the National Assembly is seeking to make the tenure of Central Bank of Nigeria (CBN) Governor a six-year non-renewable term. The ongoing amendment of the CBN Act 2007 by the Senate will ...
Read More »Argentina Vs. Nigeria Friendly Match Called Off
Next month’s international friendly match between Nigeria’s Super Eagles and world champions Argentina has been called off. No official statement has been made by the Nigeria Football Federation (NFF) over the cancellation of the high-profile friendly game slated for March ...
Read More »Nigeria’s Foreign Reserves Rise To $34bn
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has disclosed that the bank’s foreign reserves have risen to $34 billion in recent times, pointing to restoration of confidence in the Forex market. Cardoso also said the central bank ...
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