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Buy dollar with naira, face arrest – CBN warns Nigerians

The Central Bank of Nigeria (CBN) has threatened to arrest and prosecute Nigerians using naira to buy dollars, noting that it is an illegal practice. Godwin Emefiele, governor of the apex bank issued the threat on Tuesday at the Monetary Policy Committee (MPC) meeting in Lagos. Emefiele urged Nigerians illegally …

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Adeleke, Osun governor-elect receives Certificate of Return

The Independent National Electoral Commission (INEC) has given Certificate of Return to Ademola Adeleke, winner of Saturday’s governorship election in Osun State. Adeleke received his Certificate of Return at the INEC State Office in Osogbo on Wednesday, following PDP’s victory at the Osun governorship election on Saturday. The presentation comes …

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CBN’s MPC raises interest rate to 14%.

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised benchmark interest rate to 14 percent. The MPC raised the interest rate to 14 per cent from 13 percent. Godwin Emefiele, governor of the CBN announced the decision at a press briefing on Tuesday. More subsequently..

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Court Sentences Emeka Ekwunife to 10years in jail for theft

An Ikeja Special Offence Court has sentenced business man, Chukwuemeka Ekwunife to 10years in jail for theft. Chukwuemeka Ekwunife and His company, Structured Energy were brought to court on 14th, July for the delivery of judgement on case ID/3154C/16 -FRN Vs CHUKWUEMEKA EKWUNIFE AND STRUCTURED ENERGY LIMITED on 8 count …

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Huawei trains 2,000 youths, 1,000 civil servants on ICT

No fewer than 2,000 youths and 1,000 federal civil servants have so far benefited from the Huawei training on Information and Communication Technology (ICT). The training is aimed at producing an ICT talent ecosystem that would form the foundation for Nigeria’s digitisation plan. “Following the MoU signed with the Office …

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