The Governor of the Central Bank of Nigeria, Godwin Emefiele, has announced that the President, Major General Muhammadu Buhari, will unveil the new naira notes during the weekly Federal Executive Council at the Presidential Villa on Wednesday. He also said the new notes would go into circulation before the December 15, 2022 date earlier stated […]Read More
Britain should create a programme of temporary work visas to boost economic growth and also resolve a dispute with the European Union over trade rules in Northern Ireland, one of the country’s leading business organisations said on Monday. “We don’t have enough Brits to go round for the vacancies that exist, and there’s a skills […]Read More
Many modern airports across the world aren’t just transportation hubs; they have created unbelievable records and have become popular tourist destinations too. It’s not just their design, for they are full of enhanced features to guarantee ultimate experiences. Here’s exploring airports across the world that are more than just airports. 1. Munich International Airport (MUC), […]Read More
The presidents of South Africa and Kenya said Wednesday they have resolved a long-standing visa dispute and Kenyans will be able to visit South Africa visa-free for up to 90 days in a calendar year. South Africans already get free visas on arrival in Kenya, while Kenyans were charged and required to provide proof of […]Read More
The Federal Inland Revenue Service, FIRS, has instructed Mobile Network Operators (MNOs) and Money Deposit Banks in Nigeria to collect Value Added Tax, VAT, on all taxable supplies to boost the government’s tax portfolio. This development came in a statement released by the Special Assistant, (Media and Communication) to the Executive Chairman, FIRS, Johannes Oluwatobi […]Read More
In bid to better Nigerians experience on electricity, the Federal Government has disbursed $64.8million to private sector partners to implement Nigeria Electrification Project, NEP. Following the statement has released by the government on Monday, the Rural Electrification Agency, REA, said the NEP programme funded by a $350 million World Bank loan and $200 million from […]Read More
Prof. Chukwuma Soludo, Governor of Anambra State, has approved the renaming of the ministry of commerce and industry. This development came during the state’s executive council meeting on Monday. Secretary to the state government, Prof. Solo Chukwulobelu stated this in a press release on Tuesday. He said: “The Commissioner for Commerce and Industry, Dr. Obinna […]Read More
The Minister of Industry, Trade and Investment, Otunba Niyi Adebayo has inaugurated an implementation committee to end the rejection of Nigerian export. While addressing audience at the inaugural ceremony on Thursday in Abuja, Adebayo said the inaugurated team is to implement the recommendations of the technical committee as quickly as possible. He put-in that if […]Read More
Again, Emirates Airlines indefinitely suspends all its’ flights to Nigeria, blaming the decision on the inability to repatriate its revenue from the country as the cause. The airline posited that the measure came into effect on October 29. In a statement by the airline on Thursday, the airline said it had no option but to […]Read More
The recent increment in the pump price of Premium Motor Spirit, PMS and the subsequent scarcity witnessed in some parts of Nigeria have been blamed on the activities of private deports operators. This was revealed recently by the Chairman of the western zone of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Dele Tajudeen in […]Read More
Govima presents 5 things to know about the Central Bank of Nigeria redesigning the Naira. The Central Bank of Nigeria has announced that the Naira would be redesigned. Returning of current denominations is to begin effective immediately. Every so often, a country can choose to redesign a staple of its identity. This could be a […]Read More
The Naira remained unchanged on Wednesday, exchanging at N441.67 to the dollar at the Investors and Exporters Window. The local currency did not change from its value on Tuesday while the open indicative rate closed at N440.20 to the dollar on Wednesday. An exchange rate of N447 to the dollar was the highest rate recorded […]Read More
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