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Bismarck Rewane

Cashless policy: Regulators, business community set for nationwide rollout

Baring any last minute disruptions in the implementation guidelines, Nigeria’s cashless Policy piloted by the Central Bank of Nigeria (CBN) would go live nationwide from March 31, 2020, after about eight years of clinical trials of its pilot phase.
The convener of The Platform, Nigeria, Pastor Poju Oyemade, has said that Nigeria’s problems are rooted in societal indifference and personal callousness caused by the imperfections of men, and in solving this problem, there is a need for a change in government policies, implementations and individuals’ approach to the national issues and concerns.

Pastor Poju: Nigeria’s problems caused by societal indifference, imperfections of men

The convener of The Platform, Nigeria, Pastor Poju Oyemade, has said that Nigeria’s problems are rooted in societal indifference and personal callousness caused by the imperfections of men, and in solving this problem, there is a need for a change in government policies, implementations and individuals’ approach to the national issues and concerns.

Nigeria needs to ‘innovate, commit, or die’ – Ex-CBN chief

Charles Soludo, a former Governor of the Central Bank of Nigeria (CBN), says Nigeria needs economic restructuring and heavy lifting from its current economic condition.
Nigeria’s President, Muhammadu Buhari on Saturday attended the Extra Ordinary ECOWAS Summit on Counter Terrorism in Ouagadougou, Burkina Faso. 4

Former ANAN president applauds President Buhari for constituting economic advisory council

Dr Samuel Nzekwe, a former President, Association of National Accountants of Nigeria (ANAN), has commended the Federal Government for constituting an Economic Advisory Council (EAC) to move the nation’s economy forward.
President Muhammadu Buhari has appointed Mr. Mele Kolo Kyari as the new Group Managing Director of the Nigerian National Petroleum Corporation (NNPC).

New NNPC chief, management team assume duty today

The new Nigerian National Petroleum Corporation (NNPC) Group Managing Director, Mr. Mele Kolo Kyari, and his management team will assume duty today at the NNPC towers in Abuja.

Bismarck Rewane: Weak institutions hinder Nigeria’s economic growth

Chief Executive Officer, Financial Derivatives Company Limited, Mr Bismarck Rewane, has emphasized the importance of building strong institutions if Nigeria must achieve the desired economic growth.
President Buhari receiving Report of the Technical Advisory Committee on the Implementation of the National Minimum Wage in State House on 25th Mar 2019 3

President Buhari: Federal government to review Bismarck Rewane’s panel report on minimum wage

President Muhammadu Buhari yesterday received the report of the Presidential Technical Advisory Committee on the implementation of the New Minimum Wage (PTAC) and said the government would begin work on it immediately.
President Buhari receiving Report of the Technical Advisory Committee on the Implementation of the National Minimum Wage in State House on 25th Mar 2019 3

President Buhari: We’ll review national minimum wage report speedily

President Muhammadu Buhari on Monday in Abuja received the report of the Presidential Technical Advisory Committee on the Implementation of the National Minimum Wage with a pledge to review it expeditiously.
President Buhari receives in Congratulatory Visit Members of the Traditional Rulers Council in State House on 5th Mar 2019-2

President Buhari receives report on implementation of N30,000 national minimum wage

President Muhammadu Buhari on Monday received the report of the Technical Advisory Committee on the implementation of the new National Minimum Wage at the Presidential Villa, Abuja.

Bismarck Rewane: Cost remains a major threat to banks in Nigeria

The bearish run on the Nigerian Stock Exchange (NSE) continued on Tuesday as all share index (ASI) plunged by 1.02% to close at 31,313.36 points.

Bismarck Rewane retires from FCMB Group board

The Chief Executive Officer of the Financial Derivatives Company Limited, Mr. Bismarck Rewane, has retired from the board of FCMB Group Plc.
election inec nigeria

Experts: How 2019 election outcome will impact economy

Analysts have presented different possibilities for the Nigerian economy after the February and March elections, with most of them saying that a change in political leadership would most likely inspire hope and engender economic growth.

Federal government to review revenue sharing formula over minimum wage

Indications emerged on Thursday that the Federal Government may have decided to review the revenue allocation sharing formula to enable states meet the new minimum wage proposal pegged at N30, 000.

Issa Aremu urges Bismarck Rewane-led committee to fast-track minimum wage implementation

A NEC member of the NLC and labour representative on the National Income and Wages Commission, Comrade Issa Aremu, has called on the newly inaugurated Bismarck Rewane-led Technical Advisory Committee on the implementation of a National Minimum Wage to only facilitate the full implementation of the negotiated N30,000 and not undermined it.

Minimum Wage: President Buhari appoints Bismarck Rewane to head technical committee

President Muhammadu Buhari on Wednesday appointed Bismarck Rewane as head of newly inaugurated Technical Advisory Committee on the implementation of a National Minimum Wage.
President Buhari presents 2019 Budget to the National Assembly on 19th Dec 2018-2

Experts: 2019 N8.83 trillion budget proposal ambitious

President Muhammadu Buhari on Wednesday presented an N8.83 trillion budget for next year to a joint session of the National Assembly in Abuja, which many analysts have described as ambitious, given the regime’s struggles to meet revenue targets.
Atiku Abubakar

Government has nothing to lose in sale of NNPC – Atiku campaign

Segun Sowunmi, the spokesman of the Atiku Campaign Organisation, says the government has nothing to lose in the sale of the Nigerian National Petroleum Corporation (NNPC).
FILE PHOTO- An MTN starter kit pack on display at a retail stand in Abuja, Nigeria November 17, 2015. REUTERS-Afolabi Sotunde-File Photo

MTN may suspend Nigeria’s IPO, considers options

MTN Group has said it may no longer seek to raise capital through an Initial Public Offering (IPO) on the Nigerian Stock Exchange (NSE) as previously planned, while considering the option of listing its existing shares.

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Nigeria Police

Police: 49 arrested during Kogi, Bayelsa polls

The Inspector-General of Police, Mohammed Adamu, says 49 persons have been arrested for alleged involvement in election violence and thuggery in the just concluded elections in Bayelsa and Kogi states.
Logo of the World Health Organization [WHO]

Nigeria, WHO partner to stop medicalisation of female genital mutilation

The Federal Government in collaboration with the World Health Organization (WHO) and other partners is harmonizing efforts to put a stop to the medicalisation of Female Genital Mutilation (FGM).
Senate President Ahmed Lawan 1

Senate seeks legal backing for constituency projects in national budget

The Senate on Wednesday sought to provide legal backing to the provision of Constituency Projects in Nigeria’s annual budget by a minimum of 20 per cent.

NOC appoints Oba Elegushi as chairman, patrons forum

The Nigeria Olympics Committee (NOC) has appointed His Royal Majesty, Oba Saheed Elegushi, as the Chairman of the body’s patrons’ forum.
(FILES) In this file photo taken on September 4, 2019 shows the logo of the US social networking website Twitter, displayed on a smart-phone screen, in Lille, northern France. – Several features on Twitter were down on October 2, 2019, the platform said, with users from Japan to the USA reporting they were unable to log in, use the mobile app or see direct messages.”We’ve been experiencing outages across Twitter and TweetDeck,” the social media giant said in a statement, without giving a reason for the disruption. “You might have had trouble Tweeting, getting notifications, or viewing DMs. We’re currently working on a fix, and should be back to normal soon.” (Photo by Denis Charlet / AFP)

Twitter outlines plan for ‘open and decentralized’ system for social networks

Twitter plans to set up an independent research group to create an “open and decentralized” system for social networks, CEO Jack Dorsey said on Wednesday, which could relieve pressure on the company to appease critics of its content policies but also give rise to a new crop of competitors.