Old, New Naira Notes Remain Legal Tender-CBN

The Central Bank of Nigeria (CBN) has clarified that all Naira notes issued by it remain legal tender. Isa AbdulMumim, CBN’s Director of Corporate Communications Department, clarified a statement on Wednesday against the backdrop of the reported scarcity of Naira notes across some major cities in the country. He said there is sufficient cash stock in all locations across the country. AbdulMumim stated that all branches of the apex bank across the country have been...

Moghalu to speak at the Intra-African Trade Fair in Cairo

Professor Kingsley Moghalu, former Deputy Governor of Nigeria’s Central Bank and President of the Institute for Governance and Economic Transformation – IGET, has been appointed the Chairman of the Africa Private Sector Summit – APSS, a pan-African organization, with a focus on creating an enabling business environment in Africa. In the coming days, Moghalu will be the keynote speaker of the Joint African Continental Free Trade Agreement – AFCFTA private sector session, with the APSS,...

AWEAA Excels at Fidelity Bank’s International Trade and Creative Fair Debut in Houston

Houston was set agog October 24-25 when the Fidelity Bank Plc. Nigeria unveiled its premier international trade and creative fair in Houston, Texas. The just concluded event called the “Fidelity International Trade & Creative Connect” (FITCC) attracted the brightest minds and industry leaders who swapped ideas, created trade/business partnerships, and navigated the ever-evolving landscape of international trade, exports, and creative connections. Among a long list of participants, partners, exhibitors, and supporters is the Academy for...

Google, KDSG To Train 5,000 females In Data Science, Artificial Intelligence

Google in partnering with the Kaduna State Government is to train 5,000 women and girls in data science, artificial intelligence, and entrepreneurial applications of digital technologies. Rabi Salisu, Kaduna State Commissioner for Human Services and Social Development disclosed this at a Roundtable on ‘Mainstreaming Girl Child Education in Kaduna State, Challenges and Policy Recommendations for Families and Government.’ The roundtable, held in Kaduna, was organized by the Kukah Centre in partnership with HJDP Church and Society....

IRETI, health-tech startup emerges Wema Bank’s Hackaholics 4.0 winner

IRETI, a health-tech startup that helps women to bridge the gap and manages breast cancer, has emerged winner of the Wema Bank’s Hackaholics 4.0. Reports have it that the winner was announced at the weekend during the Wema Bank/ALAT Hackaholics Digital Summit and Grand Finale tagged ‘Re-imagine: Disrupting the Ecosystem for Scale’ held in Lagos. The grand event which was pioneered by the bank succinctly addressed and provided solutions to issues faced by startups and...

Federal Government To Make Ajaokuta Free Trade Zone

The Federal Government is planning to make the Ajaokuta environ a Free Trade Zone to attract Foreign Direct Investment (FDI) and to diversify the economy of the country. Prince Shuaibu Abubakar-Audu, Minister of Steel Development revealed this during a visit to the Ajaokuta Steel Company Limited (ASCOL) on Wednesday, as he took a tour of the complex. Abubakar-Audu said that the visit was aimed at getting first-hand knowledge of the problems that halted production in...

Tinubu tops N25,000 to the salary of junior civil servants

President Bola Ahmed Tinubu has announced a short-term pay raise of N25,000 for junior government workers, a move, he said, was to relieve the stress his “bold reforms” have had on families and households. Tinubu made the pledge on Sunday (Oct. 1) in his nationwide broadcast to commemorate Nigeria’s 63rd independence anniversary, 48 hours before a planned indefinite work strike by Nigerian workers set to begin October 3. Nigerian workers under the aegis of the...

NGO trains CBOs on village savings/loan association scheme

As part of efforts towards attaining the ActionAid Women’s Voice and Leadership project’s anticipated outcome of Improving the Management and Sustainability of Local Women’s Rights Organizations, and enhancing advocacy and programming for gender equality in Nigeria, a Non-Governmental Organisation (NGO), Women’s Rights and Health Project (WRAHP) has coordinated a two-day training on setting up an operational mechanisms for Village Savings and Loan Association Scheme. The two-day training which took place at Ireti Resource Center in...

Nigeria Forum 2023 set to hold Monday, October, 2

The Nigeria Forum 2023 is set to hold a business summit on Monday, 2nd October to address challenges and unlock business opportunities in Nigeria. Dr. Brian Reuben, the convener in a press statement made available to journalists stated that the prestigious Nigeria Forum, organised by the Sixteenth Council, aka Brian Reuben Policy Group United Kingdom, is set to take place on October 2nd, 2023, in Ikoyi, Lagos. The statement read, “This esteemed annual event draws policymakers, business...

Soludo engages Canadian firm for Anambra rail project

Governor Chukwuma Soludo has contracted a Canadian-based infrastructure advisory organisation, CPCS Transcom Limited, to prepare and design a master plan for rail line network for Anambra State. The rail lines would run from Onitsha, the state’s commercial nerve centre, to Ihiala, targeting the Oseokwa Port through Nnewi, Igbo-Ukwu, Ekwulobia, Oko down to Umunze, the border town to Abia and Imo, General Manager, Anambra State Bureau of Public Procurement (ANSBPP), Mr Okey Ezeobi, told journalists on...

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