The Central Bank of Nigeria (CBN) has been urged to reverse its new decision and policy on cash withdrawal limits which would be taking effect from January 9, 2023. It will be recalled that the apex bank, under the new withdrawal policy, had
At least 490 small businesses have won varying amounts of non-interest loans under the Kwara State social investment programme to grow their enterprises. Ten of the 490 young business owners got N1.5m each while some got N2m during the grants presentation ceremony held in
President Muhammadu Buhari on Wednesday morning unveiled the new naira notes in Abuja. Team@orientactualmags.com learned he did this before the federal executive council (FEC) meeting began at the state house, Abuja on Wednesday. Governor of the Central Bank of Nigeria (CBN), Mr Godwin
The plenary session at the senate got rowdy on Wednesday as senators debate the naira redesign exercise by the Central Bank of Nigeria, CBN. It will be recalled that the apex bank had on October 26 announced that circulation of the newly redesigned
As part of his administration’s efforts to continuously set a novel pace for socioeconomic sustainability and prosperity, Governor Adegboyega Oyetola of Osun state on Monday inaugurated a multimillion naira ultramodern mall in Osogbo, the state capital. The newly-inaugurated Mall was aimed at further
Governor AbdulRahman AbdulRazaq of Kwara state on Friday said sufficient evidence had since proved that Cash Transfer programmes for the vulnerable people had gotten recognized as ‘a workable solution to extreme poverty’, commending the Federal Government for leading the way. Abdulrazaq’s Chief Press
Nigeria’s apex bank, the Central Bank of Nigeria (CBN), has clarified and asserted that it followed due process in respect of the naira redesign exercise. Team@orientactualmags.com learned Spokesman for the CBN , Mr. Osita Nwanisobi, in a statement on Saturday noted that what the
A popular Islamic scholar, Sheikh Ahmad Gumi has declared opposition to the naira redesign exercise currently being carried out by the Central Bank of Nigeria (CBN), describing this as economic suicide for Nigerians, especially the rural dwellers. Eighty percent of Nigerians especially the
Minister of Finance, Budget and National Planning, Zainab Ahmed on Friday declared that the ministry was not in any way involved in the ongoing naira redesign exercise by the Central Bank of Nigeria, CBN. It will be recalled that the apex bank had
Kwara state Government on Thursday inaugurated a 10-man Steering Committee tasked with refurbishing and bringing the Kwara hotel back to life. This is coming a few days after the state government ordered the closure of the hospitality outfit. Taibat Baba Adams , who is
