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Scarcity of new Naira notes hits FCT

Scarcity of new Naira notes hits FCT

…As residents cry out Some residents of Abuja and environs have lamented the scarcity of the new naira notes. The Central Bank of Nigeria (CBN) has restored the old 200, 500 and 1000 naira notes to remain as legal tender until ...

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Investment In Gas Soars Amid Planned Petrol Subsidy Removal

Investment In Gas Soars Amid Planned Petrol Subsidy Removal

As federal government appear more determined to strike out petrol subsidy regime, indigenous oil and gas firms are taking fresh investment decisions to expand internal gas market. LEADERSHIP check reveals that many companies in the downstream sector are targeting investment ...

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Stanbic IBTC Provides Financial Solution To African Importers

Stanbic IBTC Provides Financial Solution To African Importers

Stanbic IBTC Bank has provided a cross-border payment system called the Africa China Agent Proposition (ACAP), which is tailored at providing world-class financial solutions to African importers who transact with China exporters. According to a statement, the bank said the ...

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Gunmen Abduct NPC Official, Demand N500m Ransom – NPC Media

Gunmen Abduct NPC Official, Demand N500m Ransom – NPC Media

Gunmen have kidnapped the Federal Commissioner representing Bayelsa State at the National Population Commission, Mrs. Gloria Izonfuo. Sources said she was abducted on Sunday evening around the Ogbakiri junction along the East-West Road in Emohua Local Government Area of Rivers ...

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Amid Low Patronage: Mass Metering Programme In Limbo As Manufacturers Divest

Amid Low Patronage: Mass Metering Programme In Limbo As Manufacturers Divest

Most licence holders in Nigeria’s local meter manufacturing sector are divesting into other lines of business following low patronage from both government and the Electricity Distribution Companies (DisCos), LEADERSHIP can now reveal. This development is threatening the National Mass Metering ...

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Investment In Critical Economic Sectors’ll Ensure Double-Digit Growth –Expert

Investment In Critical Economic Sectors’ll Ensure Double-Digit Growth –Expert

Jodor Asset Management Limited says Nigeria’s economy will rebound with new generation of global investors, industry players and consumers. The Founder and Chief Executive Officer of the company, Mr Nduka Ofulue, said this in an interview with the News Agency ...

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FG Begins 40% Pay Rise For Workers, Excludes Doctors, Lecturers

FG Begins 40% Pay Rise For Workers, Excludes Doctors, Lecturers

Only the 144,766 federal civil servants under the Consolidated Public Service Salary Structure will benefit from the new 40 per cent peculiar allowance introduced by the Federal Government. This implies that other workers under the employment of the Federal Government but ...

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EFCC And Outgoing Political Office Holders

EFCC And Outgoing Political Office Holders

As a country, Nigeria has experienced a consistent cycle of political office holders. Every four years, new leaders are elected to different political offices at various levels of government. It is also common knowledge that as soon as these office ...

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African Space Economy: ACCI, NASRDA, Ors Co-Hosts Conference In October

African Space Economy: ACCI, NASRDA, Ors Co-Hosts Conference In October

Abuja Chamber of Commerce and Industry (ACCI), National Space Research and Development Agency (NASRDA) and MEDIAVIVA Consultancy Limited have concluded plans to co-host the 1st African Space Economy Conference, 2023. The President of ACCI, Dr Abubarka Al-Mujtaba, while signing the ...

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FG Disburses Over N45bn To Lift More Nigerians Out Of Poverty

FG Disburses Over N45bn To Lift More Nigerians Out Of Poverty

Federal government has announced the disbursement of N45.3 billion to the 36 states of the federation and the Federal Capital Territory under the Nigeria COVID-19 Action Recovery and Economic Stimulus (NG-CARES) programme. NG-CARES was launched on 20th January 2022. Minister ...

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