Nigeria’s monthly inflation rate has slowed for the third consecutive month, indicating the effectiveness of the Central Bank of Nigeria’s monetary policy tightening measures. The CBN highlighted this in a statement shared with Journalists on Saturday. According to the National Bureau of Statistics, the headline month-on-month inflation rate decreased to 2.14 […]
Author: Aisha Muhammed
Court Orders Permanent Forfeiture Of Emefiele’s ₦12 Billion Property
The Federal High Court in Lagos has ordered the permanent forfeiture of properties worth over N11.14 billion and N1.04 billion belonging to the former Central Bank of Nigeria Governor, Godwin Emefiele to the Federal Government. Justice Chukwujekwu Aneke issued the final forfeiture order after considering a motion filed by the […]
Ayodele Olawande Visits Ilaje Fish Market, Promotes “1 LGA, 1 Product”
Minister of State for Youth Development, Ayodele Olawande, said the ‘1 LGA, 1 Product’ initiative is aimed at advancing the most dominant economic activity in each local government area to create jobs and sustainable livelihood, especially for economically active youth at the grassroots. The Minister stated this on Friday when […]
idfinder.com.ng, Verify.ng’ — NIMC Warns Of Websites Harvesting Data Of Nigeria
The National Identity Management Commission (NIMC) has warned Nigerians against the activities of some unauthorised websites harvesting people’s data The websites are idfinder.com.ng, Verify.ng, championtech.com.ng, trustyonline.com, and anyverify.com. The NIMC gave the warning in a statement signed by Kayode Adegoke, its head of corporate communications, on Saturday. On June 20, Paradigm […]
Energy Theft: FG Plans Electricity Offences Tribunal
The Federal Government said yesterday it was working on establishing an electricity offences tribunal to combat power theft in the country. Speaking at a briefing in Abuja, the Managing Director, Nigerian Electricity Management Services Agency, NEMSA, Aliyu Tahir, who disclosed this, said: “We are working on the establishment of an electricity […]
Obi Cubana Opens Tricycle (Keke) Assembly Plant In Lagos – Autos
As long as you are on the move, greatness is assured!! Our Ikorodu outlet comes alive in a few weeks! @enviabletricycles is the BIGGEST stockists of Keke Tricycles, Parts and accessories in Nigeria! Glad to announce the opening of our Ikorodu, lagos outlet to serve you even better!!
Eyowo Secures Full License From The CBN
Hi Everyone, Just to let you guys know that we have our full and final license back for @eyowo from the @cenbank of Nigeria. We will share details over the next few weeks. Impossible is nothing! Thank you and 🥂 to it for us this weekend 😉
BVN, NIN Details Available On AnyVerify For ₦100
Only three months after FIJ exposed XpressVerify, a private website selling the Nigerian identification data, private website AnyVerify has been found trading Nigerian bank verification numbers (BVNs), among other sensitive citizen data. Paradigm Initiative (PIN), an ICT for Development and Digital Rights group, said on Thursday that it was seeking legal redress on […]
FG Puts Up Three Presidential Aircraft For Sale
The federal government has decided to sell three ageing presidential aircraft so as to gather funds to purchase a new one. News360 Nigeria gathered reports that the decision will also reduce excessive spending on fleet maintenance for the aircraft which are currently unused. The latest development comes as the House of […]
NERC Approves N21bn For Procurement Of Electricity Meters At Zero Cost
The Nigerian Electricity Regulatory Commission (NERC) Friday announced the approval of N21 billion for the procurement of electricity meters for Band ‘A’ customers, explaining that the purchase and installation will come to end-users at no cost. In an order signed by the commission’s Chairman, Sanusi Garba, and the Commissioner in charge of […]