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Ogun state governor Prince Dapo Abiodun has tweeted his real official portrait, as against the image that is being circulated by street traders in Abeokuta, the capital.

Ogun government to partner AfDB, CBN, NEPC, China on agricultural development

The Ogun State Governor, Prince Dapo Abiodun, has disclosed that plans were underway to have a Chinese company invest in the agricultural sector of the state through a public private partnership programme.

Zambia dollar bonds soar after president sacks finance minister

Zambia’s dollar-denominated government bonds jumped on Monday after the country’s president sacked Finance Minister Margaret Mwanakatwe and appointed central bank deputy governor Bwalya Ng’andu to replace her.

Central bank, service chiefs collaborate to enforce executive order

The Central Bank of Nigeria (CBN), the Service Chiefs and heads of paramilitary agencies are closing ranks to tackle smuggling and dumping of textiles in Nigeria, currently robbing the country of billions of naira in revenue.
President Buhari receiving Report of the Technical Advisory Committee on the Implementation of the National Minimum Wage in State House on 25th Mar 2019 2

President Buhari grants passport printing monopoly to MINT

President Muhammadu Buhari has granted the Nigerian Security Printing & Minting Company (NSPMC) the monopoly for the production and personalization of all Nigerian E-passports and related documentation.

Central bank to limit daily deposits to boost lending

Nigeria plans to limit daily bank placements with the central bank and the interest paid on them, in an effort to boost credit in Africa’s biggest economy.
Egyptian pound

Egypt annual inflation slows to 9.4 per cent

Egypt’s annual urban consumer price inflation eased to 9.4 per cent in June from 14.1 per cent in May, official statistics agency, CAPMAS, said on Wednesday.
MONTEVIDEO, URUGUAY - Uruguayan primary elections look set to pit a former mayor against a senator in the presidential vote in October, according to early exit polls Sunday evening in the South American country.

Ex-mayor, senator leading Uruguay presidential primaries

Uruguayan primary elections look set to pit a former mayor against a senator in the presidential vote in October, according to early exit polls Sunday evening in the South American country.

Central bank urges Nigerians, youths to become financially literate

The Central Bank of Nigeria (CBN) has urged Nigerians and youths to be financially literate in order to exploit all available financial products and services.
The trio of Shehu Abdullahi, Jamilu Collins and Samuel Kalu could miss Super Eagles next Total Africa Cup of Nations Group B clash against Guinea at Alexandria Stadium on Wednesday afternoon.

Afcon: Super Eagles protest unpaid bonuses ahead of Guinea clash

Nigeria’s football fans’ hope of seeing Super Eagles put the Syli Nationale of Guinea to the sword in their second group B match today may have suffered a big blow as the players protested over unpaid bonuses, yesterday.
The Super Eagles may not have any cause to fight over money like the Indomitable Lions of Cameroon and the Warriors of Zimbabwe have done at the 2019 Africa Cup of Nations which started last Friday in Egypt. This is because President Muhammadu Buhari has approved the budget the Nigeria Football Federation (NFF) submitted to him for the national team’s 2019 AFCON campaign.

Afcon: President Buhari releases Super Eagles’ money

President Muhammadu Buhari has approved part of the funds for the Super Eagles campaign at the 2019 Africa Cup of Nations in Egypt.

Central bank targets 10 million jobs in next five years

The Central Bank of Nigeria plans to create 10 million jobs in the next five years through investment support in agriculture and Manufacturing sector, in line with President Muhammadu Buhari’s agenda of diversifying the Nigerian economy.
An employee shows US dollar banknotes at a foreign currency brokerage office in Khartoum on October 7, 2018. - Sudan slashed the official value of its currency against the US dollar by more than half on October 7, the third devaluation this year in the face of a mounting economic crisis. (Photo by ASHRAF SHAZLY / AFP)

Dollar struggles after biggest weekly drop in four months

The dollar was on the back foot on Monday after sustaining its biggest weekly drop in four months last week as traders remained cautious about the prospects of trade talks between the United States and China at this week’s G20 summit.
Dollar

Dollar heads toward three-month low

The dollar weakened against its rivals on Tuesday, heading back toward a recent three-month low before a U.S. Central Bank meeting gets underway with expectations growing the Fed will signal its first rate cut in a decade.

Nigeria to shut bank accounts of firms which import restricted goods

Nigeria’s central bank said on Friday it will close the bank accounts of firms caught smuggling into the country any goods for which access to foreign exchange has been restricted.
One of the five new banks licensed by the Central Bank of Nigeria (CBN), Titan Trust Bank Limited is set for entry into the Nigerian banking industry in a matter of weeks.

Titan Trust Bank sets for retail banking in Nigeria

One of the five new banks licensed by the Central Bank of Nigeria (CBN), Titan Trust Bank Limited is set for entry into the Nigerian banking industry in a matter of weeks.

Central bank commences disbursement of initial N30 billion loan for palm oil production

A concerted effort to end oil palm importation and locally grow the crop on a large-scale basis has kicked off, with the Central Bank of Nigeria (CBN) allocating an initial N30 billion for the project, which it said is already being disbursed to beneficiary farmers in identified states.

Central bank quashes talk of change to exchange rate policy

Nigeria’s central bank said it made no change to its naira policies, after a revision on its website led some analysts to speculate that it was ending a system of multiple exchange rates.

Senator-elect Orji Kalu: Why President Buhari should intervene in Adams Oshiomhole, John Oyegun’s feud

Senator-elect Abia North Constituency, Orji Uzor Kalu, on Friday called on President Muhammadu Buhari to intervene in the rift between former National Chairman of ruling All Progressives Congress (APC), Chief John Odigie–Oyegun, and the current chairman Comrade Adams Oshiomhole.

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Timothy Olawale - Nigeria Employers’ Consultative Association (NECA)

NECA: Signing of AfCFTA an error

The raging controversies over the signing of African Continental Free Trade Area Agreement by President Muhammadu Buhari got another big voice on Wednesday in person of the Director-General of Nigeria Employers’ Consultative Association (NECA), Mr Timothy Olawale.

Governor Ortom: Forget Ruga, address desert encroachment

Governor Samuel Ortom of Benue State on Wednesday called on the Soil Science Society of Nigeria to collaborate with the Federal Ministry of Agriculture to put a complete halt to the issues of herdsmen migration from the North to the South.

Bayern Munich ends interest in the pursuit of Chelsea star

Bayern Munich has ended the interest in the pursuit of Chelsea star Callum Hudson-Odoi, according to the latest report in The Independent.
Mario Gotze's decision to leave Borussia Dortmund for Bayern Munich left his team-mate Marco Reus dumbstruck.

Marco Reus: Mario Gotze’s move to Bayern was difficult to understand

Mario Gotze's decision to leave Borussia Dortmund for Bayern Munich left his team-mate Marco Reus dumbstruck.
Chuck Schumer

US Senator Schumer calls for security probe into Russia’s FaceApp

U.S. Senate minority leader Chuck Schumer called on the FBI and the Federal Trade Commission to conduct a national security and privacy investigation into FaceApp, a face-editing photo app developed in Russia, in a letter sent on Wednesday.