The Central Bank of Nigeria (CBN) frowns on Rejecting Lower U.S Dollar Denominations

Rejection of Lower Denomination of Dollar has mandated all Deposit Money Banks (DMBs) and Bureau de Change operators in the nation to accept both old series and lower denominations of United States Dollars which are legal tender for deposit in their own clients. This became necessary following complaints from the general public about the rejection of old/lower denominations of the …

Loading

Nigerian Navy Concludes Retreat In Abuja

The Retreat was physically attended by the Chief of the Naval Staff (CNS), Primary Staff Officers at NHQ, Flag Officers Commanding (FOCs) and commanders of surgeries bases, while the rest of the NN units, ships and institutions participated virtually through Zoom video conference connection. The Theme of the Retreat was “Effective Management for Nigerian Navy Operational Efficiency,” with a particular …

Loading

The Director-General of NIMASA emphasizes the need for collaboration on maritime security

The Director-General of this Nigerian Maritime Administration and Safety Agency, Dr Bashir Jamoh, has stressed the need for the involvement of judges, attorneys, and other relevant prosecuting agencies in the accomplishment of marine safety. According to a statement issued by the agency on Monday, Jamoh made this known at the maiden edition of this Nigerian Admiralty Colloquium themed ‘Achieving maritime …

Loading

BREAKING: Gunmen Attack Private University In Kaduna, Kidnap Pupils

BREAKING: Gunmen Attack Private University In Kaduna, Kidnap Pupils The academic establishment, Green Field University, is located along the Kaduna–Abuka Highway at Chikun Local Government Area, as well as the first private university in the nation, established three years back. The most recent incident is the first major assault that bandits will launch on communities across the Kaduna-Abuja Highway since …

Loading

Gabriel Afolayan features in Lugard

Lugard,’ a new film featuring Gabriel Afolayan,” Mr. Macaroni, and Kehinde Bankole is scheduled for an August 2021 release. The 3 Knights Film Production together with B5Films and Monomania Entertainment project tells the fascinating story of an intelligent new entry University student who was initiated into cultism as a consequence of his intimidating brainpower. Following his first mission which resulted …

Loading

All Central Banks Print Money, Why The uproar now about printing money

Two opposing forces acting on the Nigerian government’s public finance have led to the present unfortunate, but the unavoidable situation. Revenues have fallen and continue to fall; on the opposite side of the finance equation, the authorities needs have increased or widened and continue to do so. This is a basic matter. The decrease in revenue and the increasing demand …

Loading