Business Archives - Page 15 of 17

“We will commence the implementation on the creation of autonomous communities in the state” says Governor Ugwuanyi as he approves 353 communities

Posted April 6, 2023 by Freedom Square TV

Enugu committee on creation of autonomous communities submits report to Gov. Ugwuanyi, recommends 353 communitiesThe seven-man committee on the creation of autonomous communities in Enugu State on Wednesday submitted its report to Governor Ifeanyi Ugwuanyi, recommending the creation of 353 communities.The committee which was inaugurated by Governor Ugwuanyi on September…

Publishers Applaud Signing Of Copyright Act 2022 By President Buhari

Posted March 27, 2023 by Freedom Square

Publishers in the country under the aegis of Nigerian Publishers Association (NPA) have commended President Muhammadu Buhari for signing into Act the Copyright Amended Bill which repeals the Copyright Act, Cap C28, Laws of the Federation of Nigeria, 2004. President Muhammadu Buhari had on the 17th of March, 2023 assented…

“My purpose has been fulfilled, I will leave soon” — Odumeje

Posted March 23, 2023 by Emmanuella

Chukwuemeka Ohanaemere, predominantly known as Odumeje, is a Nigerian clergyman and general overseer of The Mountain of Holy Ghost Intervention and Deliverance Ministry and a musician. Odumeje said he will soon die,He made this statement yesterday in his Sunday service at Onitsha Anambra State.The cleric explained that the purpose for…

Election 2023: Chimaraoke Nnamani dumps PDP, accuses Peter Obi of “wicked” and “dangerous” politics

Posted March 20, 2023 by Emmanuella

Election 2023: Nnamani dumps PDP, accuses Peter Obi of “wicked” and “dangerous” politics Election 2023: Chimaraoke Nnamani dumps PDP: After months of speculations, former Enugu State Governor, Chimaroke Nnamani has finally dumped the Peoples Democratic Party.Nnamani announced his decision in a statement he signed and made available to newsmen…

Crude oil prices to push above $100/bbl in the second half of the year – ANZ

Posted March 16, 2023 by Emmanuella

Crude prices have plunged this week as risk aversion escalates amid the widening banking crisis. However, strategists at ANZ Bank expect the sell-off to be relatively short-lived, with fundamentals pointing to a tightening market.OPEC to maintain its production cuts announced in late 2022“For the moment, risks remain to the downside.…

Nigeria produced 1.3 million barrels per day of crude oil in February – OPEC

Posted March 16, 2023 by Emmanuella

The Organisation of Petroleum Exporting Countries (OPEC) yesterday confirmed that Nigeria produced 1.3 million barrels per day of crude oil in February, in alignment with the country’s earlier self-reported data this month. The information which the international oil cartel made public in its Monthly Oil Market Report (MOMR), further cemented…

Adekunle Gold officially signed with Popular American Record Label, Def Jam

Posted March 16, 2023 by Emmanuella

Nigerian music star, Adekunle Kosoko, professionally known as Adekunle Gold, is set to join the league of Nigerian artistes breaking grounds internationally.The “High” crooner has officially signed with popular American music label, Def Jam Recordings, Billboard reports on Tuesday.This was made known in a statement by the company’s Chief Executive…

British charity tasks Nigeria’s President-elect on out-of-school crisis

Posted March 16, 2023 by Emmanuella

The British charity, IA-Foundation, has urged Nigeria’s President-elect Sen. Bola Tinubu to take urgent steps to tackle Nigeria’s out-of-school crisis, to restore hope to some 20.2 million out-of-school kids in the country.The founder and Chief Executive Officer of IA-Foundation, Mrs Ibironke Adeagbo, made the appeal in a letter to the…

Banks, businesses comply with CBN’s directive on old notes — yet shortage heightens

Posted March 16, 2023 by Emmanuella

Commercial banks in Lagos and in other parts of Nigeria have started disbursing the old naira notes to customers at their various automated teller machines (ATMs) terminals and over the counter.The banks were also observed to be accepting deposits of the notes — a development which is in compliance with…

How Nigeria moved from old Naira notes to Old notes — the back and forth with naira redesign policy

Posted March 16, 2023 by Emmanuella

Call it a full-circle movement or a 360-degree journey and you won’t be far off the mark. Such has been the story of the naira redesign policy of the Central Bank of Nigeria(CBN).In October 2022, Godwin Emefiele, CBN governor, announced the apex bank’s plan to redesign and circulate a new…

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