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Implementation of New Minimum Wage Starts from April 2024, Says FG

The Federal Government has disclosed plans for a new minimum wage regime set to take effect on April 1, 2024. Minister of Information and National Orientation, Idris Mohammed, revealed that the current N30,000 minimum wage will conclude by the end of March 2024. Mohammed emphasized the government’s concerted efforts to alleviate economic hardship by introducing […]

Zenith Bank Partners CFA Institute for Professional Training

Zenith Bank Plc has formalized an impactful partnership with the Chartered Financial Analyst (CFA) Institute, aiming to champion initiatives that bolster the education, training, and progression of talent in finance and investment. This alliance underscores a concerted effort toward advancing Nigeria’s financial services sector. The Memorandum of Understanding (MoU) was signed by Dr. Ebenezer Onyeagwu, […]

Old Naira Notes Remain Legal Tenders for Now, S’Court Rules

The Supreme Court in Abuja made a significant ruling affirming the continued legality of the old N200, N500, and N1,000 notes until proper measures are established for their replacement. A seven-member panel, led by Justice John Okoro, issued the declaration while considering a motion brought forward by the Federal Government. The Attorney General of the […]

Emefiele’s Woes Continue, To Remain In Custody

Godwin Emefiele, the former governor of the Central Bank of Nigeria (CBN), is to remain in custody as he continues to fight charges related to alleged breaches in procurement procedures. Recently, he appeared in court where the Economic and Financial Crimes Commission (EFCC) outlined six counts against him regarding the procurement process involving April1616 Investment […]

Zenith Tech Fair Wraps Up as Hackathon Winners Win Big

The Third Edition of the Zenith Bank Tech Fair, themed “Future Forward 3.0”, concluded at the Eko Convention Centre, Eko Hotels & Suites, Victoria Island, Lagos, on November 23rd and 24th, 2023. Over 500 contestants participated in the Zenith Hackathon (Zecathon), where Sync, a team collaboration and workflow management platform, emerged as the winner, receiving […]

Eagles Keeper, Uzoho, Deactivates Social Media Account Over Criticisms

Francis Uzoho, goalkeeper for the Super Eagles, has deactivated his social media account in response to mounting criticisms of his performances. Uzoho faced substantial backlash from Nigerian fans, who singled him out for the Eagles’ drawn matches in Group C. In both the 1-1 draw against Lesotho and the match against Zimbabwe, critics pointed to […]

Emefiele Granted N300m Bail

Justice Hamza Muazu of the Federal Capital Territory (FCT) High Court has granted former Central Bank of Nigeria (CBN) governor Godwin Emefiele a bail sum of N300 million, with two sureties in similar amounts. Emefiele must also surrender his travel documents, and the two sureties need to own landed property in Maitama, Abuja, and deposit […]

Nigeria, Germany Strengthen Ties with $500M Renewable Energy and Gas Pact

Nigeria and Germany bolstered their partnership, signing two crucial Memoranda of Understanding (MoUs) to enhance energy cooperation between both nations. At the 10th German-Nigerian Business Forum in Berlin, President Bola Tinubu witnessed the signing of these agreements. Tinubu highlighted Nigeria’s robust democracy, making it an attractive destination for foreign investments. The signed MoUs involve Riverside […]

Government Seeks Supreme Court Extension for Old Naira Notes

With only 40 days left in the year, the Federal Government has petitioned the Supreme Court for an extension on the circulation of old Naira notes beyond the December 31 deadline. Citing economic challenges hindering the printing of sufficient new notes, the government fears a crisis if the old notes are phased out by the […]

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