CBN Releases New Directive for POS Transactions
Central Bank of Nigeria has released a new directive to Payment Service Providers, requiring them to comply with enhanced routing guidelines for Point of Sale (POS) transactions. A circular by Oladimeji Taiwo on behalf of the CBN’s Payments System Management Department, which says the move is aimed at strengthening the monitoring of electronic transactions across […]
Tinubu Visits King Charles III
President Bola Tinubu has met with King Charles III at Buckingham Palace in London, the United Kingdom. Special Adviser to the President on Information and Strategy, Bayo Onanuga, in a statement yesterday, described the meeting as private, highlighting the enduring and cherished relationship between Nigeria and the United Kingdom. According to the statement, both leaders […]
Nigeria’s Crude Oil Production Increases to 1.352 Million BPD
Nigeria’s crude oil production increased from 1.307 million barrels per day inJuly to 1.352mbpd in August. This is according to OPEC’s September Monthly Oil Market Report. OPEC reported that the average daily crude production rose marginally by 45,000barrels per day, based on information obtained through direct communication withthe Nigerian government. This report contradicts the Federal […]
Super Eagles Interim Coach Dismisses Resignation Rumours
Super Eagles interim coach, Augustine Eguavoen, has dismissed rumours abouthis alleged resignation following yesterday’s goalless draw against Rwanda. Addressing journalists upon the team’s arrival in Abuja, Eguavoen described therumours as false and misleading, clarifying that he had been misquoted. He affirmed that he was still in charge of the Super Eagles and would sit downwith […]
Ethiopia Celebrates New Year 2017
Ethiopians yesterday celebrated the first day of the Ethiopian New Year 2017,which is 7 years behind the global Gregorian calendar. They welcomed the New Year with a variety of cultural ways. In his message, Prime Minister Abiy Ahmed emphasized the importance of seizingthe opportunities presented by the incoming New Year and urged citizens to worktogether to […]
FG Donates ₦3Billion as Flood Intervention Fund
Federal Government has donated ₦3bn as flood intervention fund to Borno Statefollowing the flood, which has displaced more than one million persons inMaiduguri, its capital. The State Governor, Professor Babagana Zulum, confirmed this while donatingcash to displaced persons taking refuge in the Bakassi IDP camp. Zulum said food items and other basic necessities will be […]
Mauricio Pochettino Appointed as New US Men Football Coach
Former Tottenham and Chelsea boss Mauricio Pochettino has been named asthe new manager of the United States men’s team. The Argentine replaces Gregg Berhalter, who was sacked in July following theUSA’s group-stage elimination from the Copa America.The announcement came before the US faced New Zealand in an internationalfriendly game in Cincinnati. The United States will […]
Kamala Harris and Donald Trump Rattle Each Other at Debate
Kamala Harris and Donald Trump accuse each other of being weak and lying, intheir first debate of the 2024 US presidential election. It was the first time the two candidates have met and follows weeks of personalattacks on Harris by Trump and his allies that have included racist and sexistinsults. The two candidates are effectively […]
Tinubu Say Courageous Steps Have Been Taken to Reform Nigeria
President Bola Tinubu says his administration has taken courageous steps toreform Nigeria’s macroeconomic environment, to restore confidence in thenation’s economy. Represented by Vice President Kashim Shettima, at the 17th Annual Banking andFinance Conference in Abuja, the President said the government is rigorouslyworking to actualize through measures targeted at reducing inflation, stabilizingthe foreign exchange market and […]
Tinubu Approves 2024 National Honours Awards
President Bola Tinubu has approved the commencement of 2024 NationalHonours Award to Nigerians who have contributed to the development of thecountry, in line with the National Honours Award Act 2004. Minister of Special Duties and Intergovernmental Affairs, Zaphaniah Jisalo, whomade this known yesterday in Abuja, said the Federal Government would alsohonour Nigerians who have distinguished […]
