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The CBN uses e-Form ‘A’ for invisible transactions.

CBN, The Central Bank of Nigeria has announced the implementation of electronic Form ‘A’ for invisible transactions. Starting today, the e-Form ‘A’ will be used in place of the hardcopy. Customers will also be charged N5,000 as a fee for every declaration of e-Form ‘A,’ according to the bank. The central bank made the announcement […]

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2023: It’s ridiculous to refuse the S-East president because of IPOB agitation – Ohanaeze

THE top Igbo Socio-Cultural Organisation, Ohanaeze Ndigbo, has encouraged other areas of the country not to refuse the South-East presidency in 2023 because of the Indigenous People of Biafra, IPOB, arguing that such a move is pathetic and weak. Noting that fairness, justice, and fair playback zoning the top position to the Igbo, Ohanaeze National […]

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The Difficulties of Financing sustainable Growth

BEYOND the entrepreneurial aspirations of SMEs’ founders and sponsors, the role of development banks in the economy of the countries in which they operate is essential. According to UNCTAD, formal MSMEs account for 40% of GDP in emerging economies. When the informal participants are included, that amount is sure to skyrocket. In Nigeria, for example, […]

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[BREAKING] Sanwo-Olu meets with 16 Southern governors in Lagos to discuss the open grazing ban.

The PUNCH has learned that Lagos State Governor Babajide Sanwo-Olu has begun hosting 16 of his colleagues from Southern Nigeria. The governor came to Alausa, Ikeja, for a discussion on the state of the country. The summit will take place eight weeks after the governors convened on May 11, 2021, in Asaba, Delta State’s capital. […]

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Ex-NSITF leaders are being summoned by the Senate for suspected N84 billion theft.

Former managing directors of the Nigeria Social Insurance Trust Fund have been called by the Senate for suspected missing financial papers at the agency. On Tuesday, the former NSITF executives are scheduled to testify before the Senate Public Accounts Committee. Senator Matthew Urhoghide, the Chairman of SPAC, revealed at the latest meeting of his panel […]

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A man identified as Azeez, on Friday reportedly jumped into the lagoon at the Lekki-Ikoyi Bridge in Lagos State after allegedly being accused of stealing bags of cement. A man was allegedly chasing the deceased, which led to him jumping inside the lagoon. A police source, who pleaded anonymity said that the director of Lagos State […]

The Joint Admissions and Matriculation Board has concluded plans to release the results of the 2024 Unified Tertiary Matriculation Examination. JAMB Registrar, Prof. Ishaq Oloyede, is scheduled to hold a press briefing in Abuja today, Monday regarding the release of the results and related matters, as indicated in a notice circulated to journalists in the […]

MRS Oil Plc has slashed the price of Automotive Gas Oil popularly known as diesel to N1,050 per litre across its outlets nationwide. The slash in price from as high as N1,700 in some filling stations last month was said to be in response to the recent decision of Dangote Petroleum Refinery to further slash […]

The ruling All Progressives Congress on Thursday ordered aggrieved party members and proxies in Benue State who have individually gone to court over the leadership crisis in the state to withdraw their cases or risk facing disciplinary action. The warning is coming on the heel of an alleged cold war between the camp of the […]

As the National Minimum Wage Committee meets next week, organised Labour is insisting that the implementation of the new wage must start next month,  Okechukwu Nnodim, Gift Habib, and Abdulrahman Zakqriyau write The Nigeria Labour Congress, on Thursday, said the new minimum wage for Nigerian workers would begin in April this year and that the Tripartite Committee on […]

An Ekiti State High Court, Ado Ekiti Division, has sentenced a 28-year-old man, Ayodeji Alomoge, to death by hanging for killing a man who was having an affair with his wife. Alomoge, who was tried on a count bordering on murder, according to the charge, had “on 21st of June, 2022, at Ikere Ekiti, murdered […]

He made the assertion when he received a delegation of NIHITE, at his office on Wednesday in Abuja. He further stated that contractors inundate the country with substandard materials since they are not subjected to testing. Duna said the agency saddled with the responsibility of conducting technical research on suitable building and road construction design […]

The Lagos zone of the National Emergency Management Agency has blamed the escalation of the fire incident that engulfed four buildings in the Idumota area of the Lagos Island Local Government Area of the state on the lack of a water source. The NEMA State Coordinator, Ibrahim Farinloye, disclosed this in a telephone interview with PUNCH […]

The Nigeria Labour Congress on Wednesday stormed the national secretariat of the Labour Party in Abuja to protest the party’s national convention planned for end of this month. The congress also demanded the sacking of the National Chairman of the party, Julius Abure. The NLC leadership accused Abure of planning to hold a “secret” convention […]

The Nigeria Labour Congress on Wednesday stormed the national secretariat of the Labour Party in Abuja to protest the party’s national convention planned for end of this month. The congress also demanded the sacking of the National Chairman of the party, Julius Abure. The NLC leadership accused Abure of planning to hold a “secret” convention […]


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