The Central Bank of Nigeria (CBN) may soon retire no fewer than 1,000 of its employees before the end of the year, baring any last-minute change. Reliable sources at the apex bank’s headquarters revealed to DAILY TRUST that the retirement would gulp over N50 billion in payoff to the affected workers. In what it described as a strategic realignment of its workforce, the CBN’s Board of Governors, led by Olayemi Cardoso, had expressed commitment to reducing the workforce. In the last 10 months, the CBN had disengaged many of its staffers, including 17 directors, who served under the immediate past…
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By Harry Awurumibe, Editor, Abuja Bureau The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr. Musa Adamu Aliyu, SAN, has praised members of the Commission’s armed squad for their outstanding performance during a recent evaluation exercise. According to a press release signed by Demola Bakare, Spokesperson for the Commission, this exercise included shooting, marksmanship, tactical drills, and a stripping demonstration. The performance evaluation took place at the 177 Battalion Guard Brigade of the Nigerian Army base in Keffi, Nasarawa State, on Saturday. Dr. Aliyu applauded the squad for their discipline, precision, and professionalism displayed during the…
By Kazeem Akintunde Governor Ademola Adeleke of Osun State has invited Minister of Works, Dave Umahi and his counterpart in Aviation, Festus Keyamo, to Osun State on December 16, to lay the foundation of a brand-new airport for the state to be sited at Ede. For those who may not know, Ede is where Adeleke hails from. That invitation is already a subject of serious political tension in the state, as a former Governor of the State, Olagunsoye Oyinlola, had, in 2012, laid the foundation for an airport for the state, but in Ido-Osun. In fact, work has already started…
***Says More Democratic Dividends Coming Governor Ademola Adeleke has expressed appreciation to the people and residents of Osun state for their overwhelming show of support during the celebration of midterm anniversary on November 27th, promising more democratic dividends as his administration commences the second leg of its first term. The Governor who stated that project commissioning will continue until later this month said he was overwhelmed by the massive demonstration of backing and affection by the people, stressing that the feedback from the populace has strengthened his resolve to do more across the sectors. According to the Governor, “we are…
By Tony Obiechina, Abuja The Central Bank of Nigeria (CBN) plans to introduce a new website effective Monday, 2nd December, 2024. This was confirmed in a statement made available to the media on Sunday by the CBN Acting Director of Corporate Communications, Mrs Hakam Sidi-Ali. The statement further reads “We are pleased to announce the launch of our newly redesigned website (www.cbn.gov.ng), which will be operational on Monday, December 2, 2024. “The Bank has developed a contemporary Web API that operates on Microsoft .NET Core 8 (the most recent and stable release) to enhance user experience by speeding up and…
Only one female nominee featured at the 33rd Annual Diamond Awards for Media Excellence (DAME). This happened as the Punch won the Newspaper of the Year Award and its Editor, Mr Dayo Oketola, emerged the Editor of the Year at the awards ceremony which took place on Saturday night in Ikeja. The only female nominee, Miss Nkechi Nnanna of the Arise Television Station emerged the winner in the category she featured – Television Reporting. She beat two male nominees from the same television station – Adetokunbo Oyetunji (first runner-up) and Ovieteme George (second runner-up) – to win. The News Agency…
By Harry Awurumibe, Editor, Abuja Bureau Montpellier women’s football club’s Ifeoma Onumonu’s 45+3 minute goal was not enough to stop Nigeria from losing 2-1 to France in the international friendly match played on Saturday night at Stade Raymond Kopa in Angers in the western France. Les Bleues have raced to what looked like an early lead in the 7th minute of the highly entertaining game when striker Marie-Antoniette Katoto beat Chiamaka Nnadozie in goal for Nigeria at close range but Video Assistant Referee (VAR) ruled the goal offside. But France was not to be denied again when veteran goalscorer Eugenie…
MultiChoice Nigeria says its holiday channel, DStv Channel 198 would showcase live concerts and festivals during the Detty December season. Dr Busola Tejumola, Executive Head of Content and Channels, West Africa at MultiChoice disclosed this in a statement on Friday, in Lagos. Tejumola said that the 19th edition of “The Experience” slated to hold Nov. 6 and Akwa Ibom Christmas Carols Festival meant to hold Dec. 13 would be projected on DSTV. “This festive season allows us to pause and celebrate what truly matters: love, friendship, and the shared experiences that make life exciting. “With an extensive line up of…
By Tony Obiechina, Abuja The Nigerian Economic Summit Group (NESG) on Friday inducted the second cohort of its Non-Resident Fellowship Programme (NRFP). In a statement made available in Abuja this underscores its commitment to bridging the gap between socioeconomic research and public policy in Nigeria. The NRFP is designed to foster collaboration among leading experts to produce actionable insights that influence evidence-based policymaking. This 18-month edition leverages the expertise of distinguished fellows to address Nigeria’s pressing challenges. By strengthening the connection between research and governance reforms, the program contributes to sustainable development in a complex and dynamic global environment. In his…
By Tony Obiechina Abuja In a landmark move to strengthen bilateral ties and drive sustainable development, Nigerian Government has secured a €300 million development partnership with France. The significant agreement is set to bolster key sectors of Nigeria’s economy, including healthcare, transportation, and renewable energy. The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun led the Federal Republic of Nigeria in signing two transformative agreements with the French Government and its development agency, AFD (Agence Française de Développement). These agreements, collectively valued at over €300 million, are set to strengthen key sectors of Nigeria’s economy and…