The Central Bank of Nigeria (CBN) has directed banks to prioritise cash disbursement through automated teller machines (ATMs). CBN gave the directive in a circular to banks on Friday titled āMystery shopping & spot checks on cash disbursement activities of deposit money banks (DMBs)ā. In the circular signed by Solaja Olayemi, acting director, currency operations…
In a sign of stability in the downstream sector, the Major Energy Marketers Association of Nigeria, MEMAN, has said that the landing cost of Premium Motor Spirit, PMS, also known as petrol declined marginally to N970 in December 2024, from N971 per litre in November 2024. This comes against the backdrop of a similar drop…
Members of the National Assembly reaffirmed their support for President Bola Ahmed Tinubu during his arrival at the House of Representatives chamber on Wednesday for the presentation of the 2025 budget. The President arrived at the green chamber around 12:25 pm, where he was warmly received by lawmakers from both the Senate and the House…
The Abuja Electricity Distribution Company (AEDC) on Friday notified its customers on an impending 16-days outage. It attributed the outage to power interruption owing to FCDA relocating the 33KV DC Airport Feeder and 132KV Kukwaba-Apo Transmission Line Towers along the Outer Southern Expressway. According to the management in the āimportant announcement, āPlease be informed that…
Hon. Mojisola Lasbat Meranda (Apapa I) has emerged as the new Speaker of the Lagos State House of Assembly. Before her emergence as the Speaker, Meranda was the Deputy Speaker of the House of Assembly. Her emergence followed the impeachment of Mudashiru Obasa as the Speaker of the House of Assembly over gross misconduct and…
In a disturbing incident, a group of terrorists kidnapped a woman and her two newborn babies, aged just 34 days, from their home in Kurfi town, Katsina State. The abduction occurred last Friday when the terrorists raided the woman’s village. The incident was reported by Bakastine, a conflict journalist in the northwest region, via X…
The Bishop of the Catholic Diocese of Sokoto, Matthew Hassan-Kukah, has claimed that President Bola Tinubu never signed a peace accord when he was a presidential candidate. The clergyman stated this in Benin City, during the Edo Election Security Townhall. He warned that the failure of political parties and their candidates to sign the Peace…