The Director General of the Standard Organisation of Nigeria (SON), Dr Ifeanyi Chukwunonso Okeke, has raised the alarm over the increasing presence of fake and substandard products in major markets across the country. Okeke, while raising the alarm, said the products were imported into the country by those he described as economic saboteurs. The…
President Bola Tinubu has mandated the formation of a Presidential Task Force aimed at eliminating numerous checkpoints that impede free movement. Ambassador Musa Nuhu, Nigeria’s Permanent Representative to ECOWAS, revealed this initiative during a visit to the Nigeria-Benin Republic border in Seme on Wednesday. “We are commencing with the Seme-Badagry Corridor. A committee has been…
Arsenal’s bid to win the Champions League for the first time is over after they suffered a 2-1 second-leg defeat to Paris St Germain at the Parc des Princes. Mikel Arteta’s players were already one goal down in the semi-final first leg, and, despite a strong start, they were two behind in the tie when…
The Securities and Exchange Commission (SEC) has commenced a comprehensive technology adoption survey targeted at registered Capital Market Operators (CMOs), in a bid to boost innovation and efficiency within the Nigerian capital market. In a circular released on Wednesday, the Commission said the assessment aims to evaluate how extensively CMOs are embracing advanced technologies in…
The naira yesterday depreciated to N1, 610 per dollar in the parallel market from N1,605 per dollar on Tuesday. Similarly, the Naira depreciated to N1,612 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria, CBN showed that the exchange rate for the naira rose to N1,612 per…
The All Progressives Congress (APC) chieftain identified as Johnson Akaabo and six others have been reportedly killed in separate attacks by armed herdsmen in Gwer East and Makurdi Local Government Areas of Benue State. In a simultaneous attack, the marauders also invaded Tse Gever in Makurdi LG on the same day, killing three farmers on…
Pastor E. A. Adeboye, General Overseer (GO) of The Redeemed Christian Church of God (RCCG) has assured Gov. Caleb Mutfwang of Plateau of the Church’s support. Adeboye gave the assurance on Wednesday when he led the leadership of RCCG and top Pentecostal Fellowship of Nigeria (PFN) members on a courtesy visit to Mutfwang in Jos….
The Minister of Defence, Muhammed Badaru, has said that the notorious terrorist leader, Bello Turji has been on the run as a result of sustained offensives by the troops of the Armed Forces of Nigeria in recent time. Badaru stated this during a Ministerial Briefing on the activities of the ministry on Wednesday in Abuja….
A former Accountant-General of the Federation (AGF), Ahmed Idris, on Wednesday told an Abuja High Court that the Economic and Financial Crimes Commission (EFCC) failed to tender all the statements he made in their office. Idris in his evidence in the trial-within-trial ordered by the court following the objection raised by his counsel, Chris Uche…
CFG Africa has introduced the GFG AM Naira Fixed Income Fund as a response to the growing need for stable and reliable investment opportunities in the nation’s dynamic economic landscape. The launch event, which took place in Lagos on Wednesday, gathered key stakeholders, investors, and the CFG Africa leadership team. The CFG AM Naira Fixed…
