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The Presidential Task Force (PTF) has announced that the identities of 100 Nigerians whose travel documents have been suspended for six months, following their violation of travel protocols, are soon to be made public. In view of this, the PTF gave new travel rules for passengers coming into Nigeria from South Africa and the United…
One or two decades ago, children were not really spoken of as spenders or customers, but as future consumers. Although they bought sweets, doughnuts and occasional soft drinks, brand owners and marketers at that period still did not recognise them as customers per ce. The youngest population segment that was of interest or concern to…
The Central Bank of Nigeria (CBN) has ordered Deposit Money Banks (DMBs) to close all ‘Naira General Ledgers’ used by the lenders to remit naira to Diaspora remittances beneficiaries. Godwin Emefiele, CBN Governor made this known in a statement titled ‘Improving Remittance Inflows into Nigeria’. He stated that the Naira General Ledgers are channels whereby…
In view of the directive on SIM card synchronization with NIN, mobile network operators have kicked off the process of backend integration with NIMC’s database. This is designed to facilitate the process of validation and verification of digital identities, as well as speed up the enrollment processes. In a statement issued by the Association of…
At the parallel market this week, the naira gained N30 from the previous peak of ₦500/$1. The exchange rate between the naira and the US dollar closed at ₦470/US$1 in the parallel market on Monday. The rate also closed at ₦470/US$1 on Wednesday and Tuesday. Read Also: Naira Declines in Parallel Market For the British…
While a lot of Nigerians are focused basically on their daily bread, and how to get the best of this from this COVID influenced holiday season, the political class in Nigeria is neck-deep in plots and schemes for the next election cycle that will end with the 2023 presidential elections. Different groups are pushing different…
The Academic Staff Union of Universities ( ASUU ) has disclosed that its members will waste no time in embarking on another industrial action should the FG renege on the agreement between both parties by March 2021. Prof. Biodun Ogunyemi, the ASUU president, disclosed this while announcing the suspension of the union’s nine-month strike in…
The season is here. From the world of entertainment to advertising as well as the media, even communities and professional associations, the common song in the last two months of the year is celebrating those they feel should be applauded for performing exceptionally in the last 12 months or so. Most times it is just…
Condolence messages have continued to pour in for the Late Prof. Habu Galadima, Director General of the National Institute for Policy and Strategic Studies (NIPSS), Kuru, He was said to have died following a brief illness in the early hours of yesterday. The news of his death was contained in a short statement by the…
The United Nations (UN) has commended the government of Nigeria for responding promptly to the abduction of over 300 students in Kankara, Katsina State that resulted in their eventual rescue. In a statement issued by Deputy Spokesperson, Farhan Haq, Mr. Guterres, the Scretary-General applauded “the swift action taken by the Nigerian authorities to rescue the…
