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Poverty, unemployment fuel insecurity in North-West — Uba Sani

Governor Uba Sani of Kaduna State emphasized that the prevailing insecurity in the country’s North is primarily attributed to poverty, unemployment, and a lack of education. In an interview with Channels Television’s Sunrise Daily on Wednesday, Governor Sani highlighted the distinct nature of the security …

Standard Chartered predicts a rise in the CBN’s interest rate

Standard Chartered Bank Nigeria (SCBN) anticipates an upward adjustment in the Central Bank of Nigeria’s (CBN) benchmark interest rate, the Monetary Policy Rate (MPR), by 300 basis points. This projection precedes the first meeting of the CBN’s Monetary Policy Committee (MPC) for the year. Speaking …

NNPC Ltd celebrates reaching 14,000 bpd at Akpo West Field

Nigeria stands at the cusp of a transformative phase in its hydrocarbon industry, as the impending operationalization of the Akpo West field, owned by the energy giant TotalEnergies, promises to propel the nation’s condensate production to new heights. Currently, Nigeria already commands a formidable condensate …

Abia court postpones Sen Orji’s N1.5b suit vs. Apugo

The High Court in Umuahia, Abia State, recently deferred the hearing of a significant legal matter, a N1.5 billion defamation lawsuit initiated by former Governor Theodore Orji against a prominent member of the All-Progressives Congress (APC), Prince Benjamin Apugo. The court proceedings are now scheduled …

Zest redefines fintech with seamless excellence

Zest, an avant-garde player in the fintech sector, has established a new benchmark and redefined the essence of user experiences within financial services. Traditional financial processes are often plagued by cumbersome paperwork and sluggish workflows, prompting Zest to leverage cutting-edge technology to pioneer seamless and …

Customs poised to surpass N5 trillion revenue target

The Comptroller-General of the Nigerian Customs Service (NCS), Adewale Adeniyi, recently addressed the National Assembly, presenting a comprehensive overview of the Service’s plans and projections for the fiscal year 2024. At the forefront of his presentation was the ambitious declaration that the NCS is poised …

Sachet alcohol ban may cost 500,000 jobs, says NUFBTE

The Food, Beverage, and Tobacco Senior Staff Association (FBTSS) and the National Union of Food, Beverages, and Tobacco Employees (NUFBTE) have raised concerns about the potential loss of over 500,000 jobs due to the prohibition of alcohol sales and consumption in sachets and polyethylene terephthalate …