Kuda Bank has warned its customers that it will close accounts found to be engaged in the transaction of cryptocurrency. The bank stated that it can’t facilitate cryptocurrency transactions because it violates the policy of the Central Bank of Nigeria which regulates all financial institutions in the country. Kuda Bank’s statement follows multiple complaints on…
Vice-President Yemi Osinbajo says majority of the revenue flowing into the nation’s treasury is generated from non-oil exports. Osinbajo said this on Thursday at the 51st annual international conference of the Nigerian Society of Chemical Engineers (NSChE) in Lagos. Represented by Ogbonnaya Onu, minister of science, technology and innovation, Osinbajo said that the federal government…
…as LCCI commends its impact Dangote Industries Limited has restated its commitment to contributing to significant reduction in the number of unemployed Nigerians even as the Lagos Chamber of Commerce & Industry lauded the indigenous conglomerate spread across Africa. Speaking at the Dangote Special Day, at the on-going 2021 Lagos International Trade Fair, Group Executive…
The Ekiti State Internal Revenue Service (IRS), has promised to expand the tentacles of its operations for the state to hit the N1.5 billion target monthly. The Chairman, Ekiti State IRS Board, Mr. Muyiwa Ogunmilade, said this in an interactive session with newsmen in Ado Ekiti on what steps the revenue-generating agency had taken to…
The position of the governor of Kogi State, Alhaji Yahaya Bello, on the monetary ‘management’ of the Covid-19 have kept on being enhanced across the world as global leaders continue to repeat the expressions of the governor even at the just finished up United Nations Conference for Climate Change (COP26) in Glasgow. Governor Bello, reacting…
THE Independent National Electoral Commission, INEC, will spend N1.3 billion for funeral grants, Christmas bonus and severance allowances of public officers as contained in the 2022 proposed budget that was presented to the National Assembly for consideration and subsequent approval. If the National Assembly approves the budget, INEC will also spend the same N1.3 billion…
Unlike their colleagues in the Peoples Democratic Party (PDP), governors elected on the platform of the ruling All Progressives Congress (APC) will not be in prime position to determine, who becomes the national chairman of the party at its national convention, Daily Independent has gathered. The 13 PDP governors played a huge role in the emergence of…
A cement refinery in Ethiopia belonging to Dangote Group risks being damaged in the ongoing conflict by Tigray rebels and its allies against the Ethiopian government and its allies. The speculation is noted in a report by MoneyCentral, as the rebels have captured cities around Addis Ababa and continue to advance on the capital. “The…
…Competition will promote Sports, address youth restiveness, says Coker …Player: ‘I believe this competition will help me realise my dream of playing in Europe’ Trust Africa News, By Ayomide Otitoju Hundreds of youths on Wednesday stormed the Agege Township Stadium to take part in the screening exercise for the first edition of BOS Youth Cup…
