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 […]

Manchester United are at the bottom of Group A after  their 3-2 loss to Galatasaray in the Champions League group stage on Tuesday night. Manchester united  were hoping  to bounce back from their fourth Premier League defeat against Crystal Palace last weekend. Rasmus Hojlund scored the first for  the hosts  in the 17th minute as […]

The Lagos State Police Command, on Tuesday night, announced it had taken into custody controversial singer Azeez Fashola, alias Naira Marley, in connection with the controversial death of his former record label signee, Ilerioluwa Aloba, alias Mohbad. The Public Relations Officer of the Lagos State Police Command, Benjamin Hundeyin, said, “Azeez Fashola, aka Naira Marley, […]

A Nigerian cement production company, BUA Cement Plc has annouced a reduction in the price of the commodity. AbdulSamad Rabiu, the chairperson of BUA cement Plc, last month, said the company was considering a plan to reduce the price of cement upon completion of its new lines by the end of 2023. Mr Rabiu had explained […]

Junior civil servants may get N55,000 as Tinubu approves N25,000 allowance President Bola Tinubu President Bola Tinubu has announced the approval of N25,000 provisional allowance for junior federal workers over the next six months. He said the approval followed negotiations with labour unions and other stakeholders in the business community to increase the federal minimum wage […]

  Nigerian Independence Day is a national holiday in Nigeria, and it’s celebrated on October 1st every year. The day is a celebration of Nigeria’s independence from British rule, which was established on October 1st 1960. Below are the speech as was addressed by President Ahmed TINUBU today, Dear Compatriots, 1.It is my unique honour to […]

President Bola Tinubu, some days ago, objected to the release of his Chicago State University (CSU) records to the candidate of Peoples Democratic Party (PDP) in the last presidential election, Alhaji Atiku Abubakar. Tinubu pleaded that if the court was inclined to grant Atiku’s application for discovery, it should be limited to only his diploma […]

ACP Olumuyiwa Adejobi ADEBAYO FOLORUNSHO-FRANCIS and ABIODUN SANUSi The police have said they will deploy adequate personnel, including plain clothes officers, for the governorship elections in Kogi, Imo and Bayelsa states slated for November 11. The Force Public Relations Officer, Olumuyiwa Adejobi, disclosed in an interview with one of our correspondents that some anti-riot equipment such […]

Following the kicking off  of UEFA Champions League 2023/24 season today (Tuesday) football fans across the globe eagerly await the drama, excitement, and moments that this prestigious competition never fails to deliver. They are waiting  to know what will happen in this new season of champions league With Europe’s most elite clubs vying for glory, […]

  Following the demise of a young talented musician Mohbad who was allegedly killed  on 27th September 2023 , The  Lagos State Governor, Babajide Sanwo-Olu, has invited the Department of Security Services to join the probe of late singer, Ilerioluwa Aloba, popularly known as Mohbad. This was contained in a statement signed by Lagos state […]

The Nigeria Centre for Disease Control and Prevention says it is monitoring the new COVID-19 subvariants – EG.5 and BA.2.86 in four states. The NCDC in a statement on Saturday, said its COVID-19 Technical Working Group has been monitoring emerging variants from local to global level. The agency stated, “Our influenza sentinel surveillance sites continue […]

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