Commercial banks have imposed new cash withdrawal limits for over-the-counter withdrawals and in ATMsThe banks told their customers they could only withdraw N10,000 over the counter and N5,000 from the ATMs, where available.The development has led to PoS operators increasing their charges by as much as 100% owing to a nationwide cash crunch Henzodaily.ng’s Pascal … Read more
Bayelsa state government has approved the new minimum wage of N80,000 for local government workers in the stateThe government announced the development at a meeting with the local government chairmen and the labour leaders in the stateActing Governor Senator Lawrence Ewhrudjakpo disclosed that the government would also add the differentials arising from the ongoing discussions … Read more
A former Deputy National Chairman of the Peoples Democratic Party (PDP), Bode George, has stated that he is ashamed of the Independent National Electoral Commission (INEC) chairman, Mahmood Yakubu. He berated Yakubu for sharing lessons from the Ghana presidential poll. “I am so ashamed of INEC Chairman, Professor Mahmood Yakubu. He was good before, now … Read more
Korean Air said it paid $1 billion for the stake in rival Asiana. Photo: PASCAL PAVANI / AFPSource: AFP South Korea’s flag carrier Korean Air said Thursday it had bought a majority stake in rival Asiana Airlines for $1 billion, making it the effective owner four years after first expressing its takeover intentions. With the … Read more
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to Naira exchange rate for 11th December, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira today in the black market? … Read more
A youth forum in Zamfara State has appealed to President Bola Ahmed Tinubu to appoint Alhaji Yazid Danfulani to a prominent position in the federal administration, citing his exceptional contributions to the All Progressives Congress (APC) and the state’s development. In a statement on Wednesday, the group’s spokesperson, Muhammad Yakubu Tsape, described Danfulani as a … Read more
A new Australian scheme would slap a tax on Google and other major tech platforms that will be earmarked to pay for news. Photo: Josh Edelson / AFP/FileSource: AFP Australia will force Meta and Google to pay for news shared on their platforms under a new scheme unveiled Thursday, threatening to tax them if they … Read more
Wholesale gas-producing companies have formally notified all power generation companies of the suspension of natural gas supply. This was disclosed by the Chief Executive Officer of the Association of Power Generation Companies, Joy Ogaji, during an interview with Punch. The suspension of the gas supply is due to the non-payment of debts accrued from previous … Read more
Borno State Governor Professor Babagana Umara Zulum has officially named the 72 Metro housing estate after Vice President Kashim Shettima. The governor also named the Njimtilo 500 Housing Units after Yobe State Governor Mai Mala Buni in honour of their distinguished leadership. Zulum announced the commissioning ceremony of Metro Housing Estate, located on the former … Read more
Australia wants big tech companies to compensate local publishers for sharing news links that drive traffic to their platforms. Photo: SEBASTIEN BOZON / AFP/FileSource: AFP Australia will force Meta and Google to pay for news shared on their platforms under a new scheme unveiled Thursday, threatening to tax them if they refuse to strike deals … Read more