Thisday Newspaper News Today Saturday 26th February 2022
Top Nigeria news Dailies Update from Thisday Newspaper News Today 26/02/22
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Buhari: I Look Forward to Leaving Office Next Year
*Says Nigeria’s constitution bars him from going beyond two terms as president Deji Elumoye in Abuja President Muhammadu Buhari has declared that the nation’s constitution statutorily barred him from going beyond two terms as President. This is just as he said he was looking forward to leaving office by May 29, 2023. Speaking yesterday, during
…Inaugurates CBN Lafia Branch as Emefiele Reassures on Financial Inclusion, Support for Agriculture
James Emejo in Abuja President Muhammadu Buhari, yesterday inaugurated the Central Bank of Nigeria’s (CBN) new branch office in Lafia, Nasarawa State, as part of efforts to bring the apex bank closer to the people. The CBN Governor, Mr. Godwin Emefiele, said the move would also help to actualise Buhari’s vision of delivering on agricultural
House Investigates Collapse of Automobile Assembly Plants Nationwide
Udora Orizu in Abuja The House of Representatives has resolved to constitute an ad-hoc Committee to investigate the collapse of automobile assembly plants in the country with the view to making insightful recommendations for the immediate resuscitation of the moribund plants. The resolution of the lawmakers followed the adoption of a motion sponsored by Hon.
Regardless of Diverse Difficulties, Nigeria Shall Attain Greatness, Gowon, Buhari Say
*Fayemi: Inflammatory statements by those in authority causing disunity Adedayo Akinwale in Abuja President Muhammadu Buhari and a former Military Head of State, Gen. Yakubu Gowon (rtd) have stressed that regardless of the diverse challenges which ranged from economic, religious and even cultural that Nigeria has been grappling with since independence, the country would attain
Nigeria’s Oil Royalty, Taxes from Shell Fell by $3.7bn in 2020
*Oil company allays fears of exit from Nigeria Peter Uzoho Nigeria suffered a drop of $3.7 billion in taxes and royalties from Shell Companies in the country as the oil major paid just $900 million in 2020, down from $4.6 billion it paid in 2019. Shell also allayed fear of its purported exit from Nigeria,
NLC, CBN, CEOs Give Reasons Why Banks’ Staff Cannot Declare Assets
Juliet Akoje in Abuja. The Nigeria Labour Congress (NLC) and the Central Bank of Nigeria (CBN) have said it would not be feasible for workers in the banking sector to declare their assets. The committee of bank chief executive officers (CEOs) also held same position. They spoke at a public hearing on a bill seeking
VFD Group Acquires 5% Stake in Nigerian Exchange Group
In alignment with its strategic vision of building Africa’s first diverse business ecosystem, industry-agnostic investment company, VFD Group Plc, has acquired a five per cent stake in the Nigerian Exchange Group (NGX). According to a statement yesterday, the investment makes VFD Group one of the NGX’s majority shareholders. The NGX Group is a leading integrated
Credit to Private Sector Rose to N35.45trn as at January
Nume Ekeghe The Central Bank of Nigeria (CBN) has disclosed that banking sector credit to private sector increased year-on-year to N35.45 trillion as at January 2022, up by 33 per cent compared to January 2021. Credit to private sector stood at N35.19 trillion as of December 2021. The apex bank in its latest money and
Eko Disco Laments as Lagos Power Allocation from TCN Crashes to 156mw
Peter Uzoho Eko Electricity Distribution Company (EKEDC) has lamented the significant drop in the amount of power wheeled to it by the Transmission Company of Nigeria (TCN), which he said has further worsened lately as the company now receives a paltry 156 megawatts from the national grid. EKEDC said the total current allocation of power
Osinbajo Inaugurates Doctors’ Apartment, Shops, School, Road in Maiduguri
Michael Olugbode in Maiduguri The Vice President, Prof. Yemi Osinbajo was in Maiduguri yesterday to launch the 30th edition of the federal government’s micro, small and medium scale enterprises (MSME) clinic during which he inaugurated four out of over 500 projects executed by Borno State Governor, Prof. Babagana Umara Zulum. The vice president arrived Maiduguri
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