The Central Bank of Nigeria’s eNaira website has gone live ahead of the October 1 official launch. According to the website, www.enaira.com, “eNaira is a CB -issued digital currency that provides a unique form of money denominated in Naira.” Find out what makes the eNaira different from the money in your bank account … [Read more…]
Continuous violence and wanton killings in the Southeast have been described by Ohanaeze Ndigbo as a systematic destruction of the geo-political zone. In a strong-worded statement on the security situation in the five states of Enugu, Ebonyi, Anambra, Abia and Imo, Ohanaeze called on the proscribed Indigenous Peoples of Biafra (IPOB) to facilitate … [Read more…]
The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele , has estimated that the nation would require about $10 billion annually to fix the nation’s dilapidated infrastructure to rejuvenate the economy. Emefiele, who stated this in his address at the Finance Correspondents Association of Nigeria (FICAN) 2021 annual conference and 30th anniversary … [Read more…]
Labour and Employment Minister Chris Ngige has attributed Nigeria’s worsening insecurity to unemployment and underemployment. He urged the elites, particularly employers of labour, to address the twin problems so that peace and security could prevail across the land. Ngige spoke yesterday in Abuja while hosting the national officers of the Independent Petroleum … [Read more…]
The Northern States Governors’ Forum on Monday opposed the call by its Southern counterpart that the Presidency should move to the South in 2023. The northern governors, who stated this at their meeting in Kaduna, said the call by the Southern Governors’ Forum was against the constitution of the country. But groups … [Read more…]
Ozigbo, Anambra And Tomorrow By Oseloka H. Obaze Often, while the past is fraught with bleak history, the future is poignant with imponderables. That cliché fits well into Anambra States governance narrative and leadership needs. A slew of well known names aspire to lead Anambra come 17 March 2022. The qualifying election is scheduled for … [Read more…]
With a weakened macroeconomic indices as well as worsening foreign exchange crisis, latest investigations have shown that foreign investors withdrew a total of N139.39 billion from the Nigeria’s stock exchange between January and August 2021. According to the Domestic & Foreign Portfolio Investment report of the Nigerian Exchange Limited (NGX) for August 2021, … [Read more…]
The Peoples Democratic Party (PDP) faces a stormy week over zoning of party offices. Two key meetings on the vexed issue — the final session of the National Zoning Committee headed by Enugu State Governor Ifeanyi Ugwuanyi and the party’s governors’ meeting on the report of the Ugwuanyi panel – will hold this week. … [Read more…]
Rivers State Governor, Nyesom Wike, has expressed regrets that 61 years after independence, Nigeria is still grappling with leadership challenge. He pointed out that because of such leadership failure, Nigeria is now at a point in its history needing God more than ever. He made the assertion at the interdenominational … [Read more…]
With a few days to the official launch of the Central Bank Digital Currency (CBDC), eNaira, in partnership with Bitt Inc, Nigerians are anxiously waiting to experience a new banking product touted to be a game changer on the local business landscape. When the Director of Information Technology, Central Bank of Nigeria (CBN), Rukiya … [Read more…]
No fewer than 3,964 Nigerians are currently on the watch list of the Nigeria Immigration Service. The names of the affected individuals, it was gathered, have been placed with security agencies at the nation’s international airports where they will be arrested on sight. According to the 2020 NIS annual report suspect index, 308 … [Read more…]
How An Extremist Doctrine Is Shaping The ‘Biafra’ Agitation Aug. 22, 2021, was a Monday and a day for ‘sit-at-home’ in Southeast Nigeria. The forced weekly sit-at-home was decreed by the hierarchy of the separatist Indigenous People of Biafra (IPOB) across the states in the region. Its forced observance is slated for Mondays of each week. The … [Read more…]