December 5, 2024
Vunoklang, Hayin Gada, Off Mubi Road, jimeta - Yola, Adamawa State, Nigeria
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Circulating redesigned naira: Banks still dispensing old notes

FOLLOWING, yesterday, release into circulation of the newly designed denomination of N200, N500, and N1,000 by the Central Bank of Nigeria, CBN, some commercial banks are still paying bank customers with the old naira notes. This reporter, who visited over eight branches of commercial banks in the Ikotun, Igando, Egbeda, and Ikeja axis in Lagos, […]

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Business Economy

MAN, expert flay FG’s reason for excess tax on soft drinks

The Manufacturers Association of Nigeria, MAN and experts have described moves by the Federal Government, FG, to use health reasons as justification to increase excise tax on non-alcoholic drinks as misleading, adding that the reasoning defies all economic logic and Nigeria’s realities. This is coming barely  two weeks after the Sectoral Group of the MAN […]

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Benzema could make shocking France return ahead of final with Argentina

France forward, Karim Benzema could make a shocking return to the France World Cup squad ahead of their FIFA World Cup final match against Argentina on Sunday. Benzema was earlier ruled out of the World Cup after he suffered a thigh injury at the training camp. He then immediately flew back to Madrid for his […]

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Tottenham set to pay €50m for Morocco World Cup star Amrabat

Tottenham Hotspurs are ready to up their pursuit of Fiorentina midfielder, Sofyan Amrabat, and could splash over €50m for the Morocco international. However, the North London outfit will have to slug it out with Liverpool and Atletico Madrid for the signing of the 26-year-old. The Morocco international has been the revelation of the World Cup […]

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Fernando Santos sacked as Portugal manager after World Cup exit

Portugal boss Fernando Santos has been sacked after his side crashed out of the World Cup at the hands of Morocco in Saturday’s quarter-final. Santos was appointed in 2014, and led the nation to their first ever major international successes, winning the European Championship in 2016 and the inaugural Nations League three years later. He […]

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Business Economy Politics

2023: FG, states budget N19.16trn on salaries, pensions, others

The Federal and 35 of the 36 state governments, including the Federal Capital Territory, Abuja, are to spend the sum of N19.16 trillion on payment of salaries, pensions, emoluments and others in 2023. They have also budgeted a miserly N11.435 trillion for capital projects. The recurrent expenditure could be more because most of the budget […]

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