Ogun State, Nigeria, World News & Stories
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242 posts in this category.
President Bola Tinubu has granted his approval for Dr. Olayemi Michael Cardoso to take on the role of Governor of the Central Bank of Nigeria (CBN). Dr. Cardoso’s appointment is for an initial term of five (5) years, pending confirmation by the Nigerian Senate. Dr. Olayemi Michael Cardoso is a highly accomplished Nigerian professional with…
President Bola Tinubu has announced the removal of the suspended Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, and his deputies. He has appointed Dr. Olayemi Michael Cardoso as the new Governor of the CBN. Dr. Cardoso, a former Citibank executive, previously served as Commissioner for Budget during Tinubu’s first term as Lagos governor from…
The Debt Management Office (DMO) has reported that Nigeria’s total public debt reached N87.38 trillion by the end of the second quarter of 2023, representing a significant increase of N37.53 trillion (or 75.29%) compared to the N49.85 trillion recorded at the end of March 2023. This figure encompasses the N22.71 trillion Ways and Means Advances…
Introduction Monetizing your blog can be a game-changer in your journey as a blogger. Google Adsense has long been the go-to option for bloggers looking to make money from their websites. However, as competition increases and Google’s policies become stricter, it’s essential to explore alternative advertising platforms that can offer bloggers more flexibility, better revenue,…
The Federal Government has announced an increase in the prices of single-phase and three-phase pre-paid electricity meters, with the change set to take effect from September 6, 2023. This decision was communicated through an order released by the Nigerian Electricity Regulatory Commission (NERC), bearing the number NERC/2023/020. The order was jointly signed by the Commission’s…
The Nigerian National Petroleum Company Limited (NNPCL) has NNPCL faults sale of Agip of Oil Mining Licenses 60, 61, 62, and 63 to Oando Oil Limited by the Nigerian Agip Oil Company. In a letter signed by Ali Zarah, the Managing Director of NNPC Exploration and Production Limited, dated September 4, 2023, and addressed to…
According to a reliable report from The PUNCH, the Central Bank of Nigeria has concluded plans to release all N1,000, N500, and N200 notes in its possession to Deposit Money Banks. This decision is expected to alleviate the months-long hardship and distress Nigerians have been experiencing due to the CBN’s controversial naira redesign policy, which…
Residents in Ogun State continue to reject old N500 and N1,000 notes despite the directive from the Central Bank of Nigeria (CBN) to accept them as legal tender. This is causing difficulties for motorists and business operators who need to transact with the old banknotes. The Ogun Today’s investigation reveals that accessing both new and…
Once again, Governor Dapo Abiodun of Ogun State has issued a warning that banks, stores, or supermarkets that do not accept old N500 and N1000 notes will face closure. Abiodun declared that he would take action against any trader or service provider who disregards the validity of the old notes as legal tender. In order…
On Monday, Professor Charles Soludo, the Governor of Anambra State, also a former governor of the Central Bank of Nigeria, announced that the CBN has directed commercial banks to accept the old naira notes as deposits. Soludo made this statement on his social media accounts and reported that Governor Godwin Emefiele issued the directive during…
