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Kwara State Governor, Abdulrahman Abdulrazaq has imposed a 24-hour curfew on the State.

Kwara gets March allocation from federation account

Abubakar said the breakdown of the allocation figures comprises: Statutory Revenue Allocation of N1,780,906,717:37 (net); Value Added Tax of N1,450,601,517:80; Forex Equalisation Fund of N45,905,022:05; Excess Bank Charges of N3,157,916:33; and total deductions of N350,066,963:71.
1. Lagos State Governor, Mr Babajide Sanwo-Olu, says the state is ready to domesticate the African Continental Free Trade Area (AfCFTA) agreement.

Lagos governor: We are ready to domesticate AfCFTA agreement

Lagos State Governor, Mr Babajide Sanwo-Olu, says the state is ready to domesticate the African Continental Free Trade Area (AfCFTA) agreement.

2023: APC Scandinavia supports public hearing on diaspora voting

The All Progressives Congress (APC), in Scandinavian countries, has lent its voice to the call for the National Assembly for a legislation on Diaspora voting, ahead of the 2023 Presidential Election.
L-R: C.E.O, Lagos Free Zone, Mr. Dinesh Rathi; Director, Lekki Port; Alhaji Bode Oyedele; Lagos State Governor Mr. Babajide Sanwo-Olu; Chairman, Lekki Free Zone Development Company, Mr. Abiodun Dabiri; Commissioner for Commerce, Industry & Cooperatives, Dr. (Mrs) Lola Akande; Special Adviser to the Governor on Commerce & Industry, Mr. Oladele Ajayi and Commissioner for the Environment and Water Resources, Mr. Tunji Bello, during the Governor’s working visit to the Lekki Free Trade Zone, Ibeju-Lekki, on Friday, March 19, 2021.

Lekki Deep Sea port to begin operation in 2023 – investor

Commercial operations at the Lekki Deep Seaport in Lagos Free Zone (LFZ) will begin in the first quarter of 2023, Governor Babajide Sanwo-Olu, on Friday, got the assurance from Tolaram Group – the frontline investor handling the project.
When contacted, the Chairperson of Nigerians In Diaspora Commission, Abike Dabiri-Erewa, said the affected persons would have to liaise with the mission in UAE for more information.

NiDCOM chief applauds CBN over ‘Naira 4 Dollar Scheme’

Chairman/CEO of Nigerians in Diaspora Commission (NiDCOM), Hon. Abike Dabiri-Erewa, has applauded the Central Bank of Nigeria on the introduction of ‘Naira 4 Dollar Scheme’ for diaspora remittances following its policy of remittance issuance in the currency of remittance.
The naira this morning reversed its two weeks loss to the dollar in the parallel market, appreciating by N20 to N470 per dollar.

Bureau de Change operators want more action to support Naira

The Association of Bureau De Change Operators of Nigeria (ABCON) on Monday said that a competitive Diaspora Remittance market space would engender Naira stability.
The Central Bank of Nigeria (CBN) has revealed that the aggregate domestic credit in commercial banks grew by 7.61 percent in October 2020, compared with 7.35 percent in the previous month.

Naira4Dollar: MAN, LCCI commend CBN’s move to address forex squeeze

Industrialists and Manufacturers on Monday said the Naira 4 Dollar Scheme, an initiative by the Central Bank of Nigeria to encourage diaspora remittances would help stabilize the forex situation of the country.

CBN: New policy on offshore remittances will reduce cost, tackle round-tripping

The Central Bank of Nigeria (CBN) has said that its new “CBN Naira 4 Dollar Scheme” which comes into effect on Monday is aimed at providing Nigerians abroad with cheaper and more convenient ways...
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

Nigeria’s central bank says new scheme will ease diaspora remittances

The Central Bank of Nigeria has explained that its new “Naira 4 Dollar Scheme” seeks to make remittance through formal bank channels cheaper and more convenient for Nigerians in the diaspora.
The naira this morning reversed its two weeks loss to the dollar in the parallel market, appreciating by N20 to N470 per dollar.

Exiting recession not enough to guarantee economic recovery – analysts

While the slight improvement in Gross Domestic Product (GDP) recorded in Q4 is good news, analysts say it is not significant enough to mark economic recovery.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

CBN introduces N5 insective per dollar for diaspora remittances

The Central Bank of Nigeria (CBN) on Saturday introduced a new incentive to encourage inflow of diaspora remittances.
Governor Okezie Ikpeazu of Abia State has directed the organizing committee of the 29th Anniversary of Abia State to celebrate frontline workers and honor them for their sacrifices during the coronavirus pandemic.

Official: How Abia emerged third most-preferred investment destination

Abia State Commissioner for Information, Chief Okiyi Kanu, has explained that the state’s emergence as the third most-preferred investment destination in Nigeria came as a result of the deliberate policies of the state government tailored towards economic recovery.
FILE PHOTO - A man, wearing a protective face mask, rides his scooter in a local market in Nice amid the coronavirus disease (COVID-19) outbreak in France, February 18, 2021. REUTERS-Eric Gaillard

French city of Nice asks tourists to stay away amid coronavirus surge

The mayor of Nice in southern France called on Sunday for a weekend lockdown in the area to reduce the flow of tourists as it battles a sharp spike in coronavirus infections to triple the national rate.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

Why Nigeria’s central bank banned cryptocurrency trading

Investigations have revealed that, the federal government and the CBN were warned by the United States’ Federal Bureau of Investigation, (FBI), on the activities of fraudsters using cryptocurrencies to bringing into the country hundreds of millions of US Dollars illegally obtained from the USA and other Western economies.
Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, who conveyed the Ministry’s position to the Honourable Minister of Finance, Hajiya Zainab Ahmed, in Abuja, reiterated the commitment of the Honorable Minister of Transportation, Rt. Honourable Rotimi Chibuike Amaechi towards ensuring the growth of maritime in Nigeria.

Official: Belgian investors express interest in Nigeria’s maritime transport policy as an investment vehicle

Executive officers of the Port of Antwerp International have expressed interest in Nigeria’s new National Maritime Transport Policy, under development, for possible windows of investment opportunity for Belgian entities.
Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), has again accused President Muhammadu Buhari of clamping down on the judiciary.

Atiku Abubakar faults CBN’s decision on cryptocurrency

Former Vice President Atiku Abubakar has criticised the decision of the Central Bank of Nigeria (CBN) to ban cryptocurrency trading in Nigeria.
Former Vice-President, Atiku Abubakar has called on the federal government to adopt proactive measures to tackle the second wave of the dreaded coronavirus before things get out of hand.

Atiku Abubakar condemns crypto ban, demands immediate reversal from CBN

Nigeria’s opposition leader Atiku Abubakar on Saturday condemned Friday’s decision to ban cryptocurrencies by the Central Bank of Nigeria.

Don: Violence in North-east caused by government neglect

Patricia Donli, a professor at the University of Maiduguri, says the insurgency in the north-east is caused by government neglect.

Ex-minister Tanimu Turaki’s corruption trial adjourned

At the resumed trial today (Wednesday), account statement and account opening package of Abdulrahman Yusuf, a bureau de change operator, Oberone BDC Ltd and Halima Tanimu Turaki were tendered and admitted in evidence through the ninth prosecution witness, Umar Garba, a relationship manager with First City Monument Bank.

EFCC witness: How ex-NAF chiefs diverted funds

The trial of a former Chief of Air Staff, Air Marshal Adesola Amosu (rtd) continued yesterday before Justice Chukwujekwu Aneke of a Federal High Court, Ikoyi with a witness of the Economic and Financial Crimes Commission (EFCC) further testifying against Amosu and two others on their complicity in the alleged diversion to personal use of about N21 billion belonging to the Nigeria Air Force.

TUC decries spiraling unemployment rate in Nigeria

The Trade Union Congress of Nigeria (TUC) has decried the nation’s spiraling unemployment rate, citing the population of the unemployed as exceeding the combined population of 35 of Africa’s 54 countries.

Nigeria: Diaspora remittances fall 27% to $12.9 billion

Diaspora remittances into Nigeria fell by 27 percent, year-on-year (y/y) to $12.9 billion as at September 2020 from $17.6 billion in the corresponding period of 2019.

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The state’s Commissioner for Information and Strategy, Mr Declan Emelumba who received the family in his office in Owerri, described her death as a ‘huge loss’.

Imo government condoles with family of student killed by stray bullet

Imo Government on Wednesday condoled with the family of Miss Divine Nwaneri, a first-year student of the Imo State University, who was killed by a stray bullet on April 24.
A man is silhouetted against the logo of the World Bank at the main venue for the International Monetary Fund (IMF) and World Bank annual meeting in Tokyo. REUTERS-Kim Kyung-Hoon

World Bank to construct 13.16km Lagos farm roads

Lagos State Government says its World Bank-assisted Agro-Processing, Productivity Enhancement, Livelihood Improvement Support (APPEALS) Project will construct 13.16km Farm Access Roads (FARs) in four cluster areas.
The former Chief of Defence Staff to late Gen. Sani Abacha, Lt-Gen. Joshua Dogonyaro has died. He died at the age of 80.

Plateau governor mourns ex-CDS Dogonyaro

Gov. Simon Lalong of Plateau, has expressed sadness over the death of the former Chief of Defence Staff, Lt. Gen. (Rtd.) Joshua Dogonyaro, at the age of 80.
Nine-time champion Rafael Nadal saved two match points to defeat Canada’s Denis Shapovalov in a three-set battle and advance to the quarter-finals of the Italian Open on Thursday.

Italian Open: Rafael Nadal beats Denis Shapovalov to reach quarter-finals

Nine-time champion Rafael Nadal saved two match points to defeat Canada’s Denis Shapovalov in a three-set battle and advance to the quarter-finals of the Italian Open on Thursday.
The Nigeria Police Force has quizzed Musician, Dapo Oyebanjo, aka D’Banj, over allegations of rape, according to a report.

D’banj set to unveil new female signee

Popular Nigerian singer, Dapo Oyebanjo, fondly known as D’banj, has revealed plans to unveil a new female signee to his record label, DB records.

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Arsenal captain Pierre-Emerick Aubameyang confirms he has been hospitalised after contracting malaria while on international duty.

Arsenal skipper apologises to fans for poor season

“We struggled to find our rhythm in the first half and didn’t give Villarreal enough problems,” he wrote in the Gunners’ official matchday programme.
Kelechi Nwakali has been named April’s Alcorcon player of the month.

Kelechi Nwakali wins Alcorcon Player of the Month award

Kelechi Nwakali has been named April’s Alcorcon player of the month.

Taraba governor: Senator Alhassan’s demise a personal loss

Taraba State Governor Darius Ishaku has described the death of former minister of Women Affairs Senator Aisha Jumai Alhassan as a personal loss to him.
Manchester City and Chelsea could emerge as contenders to sign Robert Lewandowski if he leaves Bayern Munich this summer, ESPN reports.

Manchester City, Chelsea linked with surprise move for Robert Lewandowski

Manchester City and Chelsea could emerge as contenders to sign Robert Lewandowski if he leaves Bayern Munich this summer, ESPN reports.
Nigerian Ports Authority (NPA) on Monday said that operations would continue at the ports in spite of the two-week lockdown of Lagos State to contain spread of COVID-19.

NPA: I didn’t exempt Dangote Group from statutory charges – suspended chief

Hadiza Bala Usman, the suspended managing director of the Nigerian Ports Authority (NPA), says the agency under her leadership did not exempt Dangote Group from paying statutory charges at the Onne Ports, Rivers state.