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Nigeria’s adoption of the Central Bank Digital Currency (CBDC) or the eNaira and its supporting technology or block chain, can increase the country’s GDP by $29 billion over the next 10 years. President Muhammadu Buhari has said.   The president made this declaration on Monday when he launched the eNaira in Abuja.   With the […]

Members of the Nigeria Union of Journalists on Monday marched to the Police Headquarters to protest the missing of their colleague, Tordue Salem.   Salem, National Assembly correspondent for Vanguard, has been missing for 13 days.   At the Force Headquarters in Abuja, the journalist asked the Inspector-General of Police, IG, Usman Alkali Baba, questions […]

Attacks by armed men on Nigerian prisons are calculated to ridicule the government, the Minister of Interior, Ogbeni Rauf Aregbesola, has said.    He was reacting to the latest of such attack on the Abolongo Custodial Centre of the Nigeria Correctional Service, Oyo State, when he visited the place on Sunday morning.   Armed men […]

President Muhammadu Buhari is scheduled to formally unveil the Nigerian Central Bank Digital Currency, known as the eNaira, on Monday 25 October 2021, at the State House, the CBN has said.   The launch of the eNaira is a culmination of several years of research work by the CBN in advancing the boundaries of payments […]

  FBH Holdings Plc, the parent holding company for First Bank of Nigeria, has refuted reports in a section of the media that billionaire Femi Otedola has acquired a controlling interest in the Bank.   The bank said in a statement that its attention had been drawn to media reports on October 22, 20201, saying […]

The Abolongo Correctional Centre in Oyo town in Oyo State was on Friday night invaded by gunmen.   Sources said the gunmen attacked the facility with explosives around 10.30pm and set the inmates free.   Hundreds of prisoners at the facility were said to have been set free by the yet-to-be identified spokesman for the […]