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President Bola Ahmed Tinubu has approved the appointment of Mrs Delu Yakubu as the pioneer National Coordinator/Chief Executive Officer (CEO) of the National Social Investment Programmes Agency (NSIPA), pending confirmation by the Senate. This was made known on Thursday in a statement issued by the President’s Special Adviser on Media and Publicity, Ajuri Ngelale, adding that it is in line with NSIPA Establishment Act, 2023.
Vice President Kashim Shettima on Wednesday departed Nigeria to represent President Bola Tinubu at the G77+China Leaders’ Summit in Havana, Cuba, held from Sept. 15 to 17. In a statement, the Director of Information, Office of the Vice President, Mr Olusola Abiola, said Shettima would join other world leaders, including the UN Secretary-General, Antonio Guterres, at the Summit.
Dr Betta Edu, Minister of Humanitarian Affairs and Poverty Alleviation, says plans are underway to rejig the N-Power scheme to accommodate more people and ensure prompt payment of beneficiaries’ stipends. Edu disclosed this in a statement on Sunday issued by her Special Adviser, Media and Publicity, Mr Rasheed Zubair, in Abuja.
According to reports, the Nigerian Union of Petroleum and Natural Gas Workers (NUPENG), the Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI) are mobilizing their members to join the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) nationwide strike scheduled to commence on Tuesday October, 3, 2023.
Chairman, Board of Directors, Citibank Nigeria, Dr. Olayemi Michael Cardoso has officially assumed office as the Governor of the Central Bank of Nigeria (CBN) after being nominated by President Bola Tinubu as Godwin Emefiele's successor. According to a press release from the apex bank, Dr. Cardoso alongside his designated deputies had taken the oath of office and will operate in acting capacity pending confirmation by the parliament.
The Central Bank of Nigeria (CBN) has launched an online platform for the submission of Microfinance Bank (MFB) license applications named, ‘CBN Licensing, Approval and Other Requests Portal (LARP)’. This was disclosed in a statement signed by the CBN Director, Corporate Communications, Isa Abdulmumin, which was released on the apex bank’s website.
Investors in the stock market yesterday recorded a N510 billion gain after All Share Index (ASI), the key performance measurement barometer in the market, hit a 15-year high. The All-Share Index of Nigerian Exchange Limited (NGX) Tuesday rose by 0.51 percent to 66,490.34 points from 66,151.38 on Monday surpassing the highest value of 66,371.20 recorded on the Exchange on March 5, 2008. The new record also surpassed the high of 66,371.2 basis points, set over 15 years ago on March 5, 2008.
The Federal Government has approved the sum of N5bn for each States of the federation including the Federal Capital Territory (FCT) to aide procurement of essential food items to the underprivileged in their respective States.
The Director General of the World Trade Organization (WTO) Ngozi Okonjo-Iweala is in a closed door meeting with President Bola Tinubu at the Presidential villa in Abuja. Okonjo-Iweala arrived at the Aso villa alongside the former Minister of State for Health, Dr. Ali Pate at about 2:50pm on Tuesday.