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 […]


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 […]


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. […]


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 […]

  Petrol consumers have continued to groan under the burden of skyrocketing prices, as Premium Motor Spirit almost hit N400 per litre over the weekend. The market survey over the weekend showed while stations belonging to the Major Oil Marketers Association of Nigeria were selling products at around N190 per litre, stations belonging to members […]

  The House of Representatives has rejected the February 10 deadline for the phasing out of old currency notes announced by the Central Bank of Nigeria on Sunday. The House of Representatives Ad hoc Committee on New Naira Re-design and Naira Swap Policy on Sunday described the new date as a mere political gimmick to […]

Chelsea midfielder, Carney Chukwuemeka, has told manager Graham Potter his best position. Chukwuemeka, who joined Chelsea from Aston Villa in 2022, spoke exclusively to Chelsea’s official website on his most preferred position despite being able to play in different formations for the Blues this season. The England youth team star of Nigerian descent said he […]

•New notes shortage force banks to shut ATMs, customers demand extension •Reps threaten Emefiele with arrest, insist CBN gov must obey summons •Law professor sues CBN, NLC writes Buhari over deadline extension Ahead of the January 31 deadline set by the Central Bank of Nigeria for the phasing out of the old N1,000, N500 and […]

Phyno and Olamide have released a new song titled ‘Ojemba’.   Genre: Afrobeats Date of Release: January 27, 2022 Producer: Unknown   Length: 2 minutes 57 seconds Features: 1 – Olamide Label: Penthauze Details/Takeaway: Superstar rappers Phyno and Olamide has added another song to their long list of collaborations. This time, they explore Highlife with which they have delivered several hits.

The presidential campaign rally of the All Progressives Congress in Bauchi State was brought to an abrupt end by power outage on Monday. The rally was going on at the Abubakar Tafawa Balewa Stadium, Bauchi, when the power supply ceased and the sound system went off and could not be restored. Our correspondent observed that […]

Former Arsenal forward, Nwankwo Kanu, has backed Arsenal to win their first Premier League title in 19 years after the Gunners passed another huge test in their title charge, defeating Manchester United 3-2 at the Emirates on Sunday The Gunners were held by Newcastle at the start of the month but won at Tottenham last […]

Super Eagles head coach, Jose Peseiro, has confessed that with the array of stars that the country is blessed with, it is tough choosing the right players for the national team. The Portuguese tactician was recently in England to watch Nigeria stars where he also had the opportunity to watch English-based players eligible for the Eagles. […]

Al Nassr star Cristiano Ronaldo has expressed joy after his debut in a Saudi all-star exhibition match against France club, Paris Saint-Germain on Thursday. The five-time Ballon d’Or winner, who took to his social media to express his excitement playing competitively again, said he was happy to be back on the pitch and more so, […]

The scarcity of Premium Motor Spirit, popularly called petrol, grew worse across the country on Thursday, as massive queues were witnessed in Abuja, Lagos, Port Harcourt, Calabar, Warri, Nasarawa, Minna, among other places. Oil marketers stated that the scarcity became worse due to the fact that dealers could hardly access the product from the only […]

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