Ogun State, Nigeria, World News & Stories
23 posts.
The Central Bank of Nigeria (CBN) pensioners have praised the Federal Government for showing strong leadership by signing an important agreement with the Academic Staff Union of Universities (ASUU). They said resolving a problem that started in 2009 proves that the government can solve long-standing disputes through honest talks, dialogue, and keeping to agreements. Encouraged…
The Ogun State House of Assembly Committee on Agriculture, led by Hon. Waliu Owode, has called on former Commissioner for Agriculture, Adeola Odedina, the Chairman and Secretary of the National Cassava Growers Association, the Association’s immediate past executives, Mr. Ilori and Mr. Segun Adewunmi, as well as the Project Manager of the Anchor Borrowers Programme,…
Speculations emerged on Friday regarding the appreciation of the Nigerian naira against the U.S. dollar, both in the official and parallel markets. The naira reportedly reached one of its highest values since September when the exchange rate exceeded N1000 per dollar. Financial analysts and parallel market traders shared insights with FIJ to shed light on…
In a move that reverberated through Nigeria’s economic landscape, the Central Bank of Nigeria (CBN) recently announced the lifting of the ban on the importation of toothpicks and 42 other items. This decision, part of a broader policy shift, holds both promise and challenges for the nation. In this editorial, we delve into the historical…
The Central Bank of Nigeria (CBN) has lifted its ban on the importers of toothpick and 42 other items that were previously restricted by a 2015 Circular. Some of the other items that have been removed from the list of prohibited items include: The CBN announced that importers of these items are now allowed to…
I am saying, that a doctor who parades the number of people who died under his care cannot forward that to me as a CV for me to appoint him as a surgeon general. I just need them to take note of that. But what we do in our small places of work, whether the…
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…
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…
