Mr Coker highlighted its potential to significantly reduce carbon emissions and improve the overall efficiency of Nigeria’s transportation sector.
Author: Abdoulaye Kay
Deposit Money Banks (DMBs) have received fresh guidelines from the Central Bank of Nigeria (CBN) on the deposit of foreign currency notes with the apex bank. This directive was contained in a circular issued by the Director of Currency Operators, Mohammed Solaja and posted on the bank’s website on Friday. CBN disclosed that each bank would be allowed a maximum deposit of $10 million threshold for USD 100 notes and USD 50 notes daily, saying such foreign currency deposits can only be made at the CBN branches in Abuja and Lagos. ALSO READ CBN to implement more policies to tackle…
The NGX gained 0.67% today, as the ASI closed at 100,057.49, marking a 661.26-point increase from yesterday’s 99,396.23 points. Equities gained N372 billion as the market capitalization closed at N56.602 trillion, up from the previous N56.228 trillion.
The accident occurred at Imawa town, Kura local government area of Kano State, shortly after the Friday prayer when the driver of the trailer coming from Kaduna axis with registration number MKA 537XN lost control and ran into the worshippers.
The Special Agro-Industrial Processing Zone is expected to process maize, cassava, rice, palm oil, cashew, sugarcane and fish, in line with the commitment of Gov Ododo to transform Kogi into an agro-industrial hub.
Amid concerns over rising debts service costs, states have been working to decrease their debts stock. In Q1 2024, states’ total domestic debts dropped by 31% from N5.86 trillion in Q4 2023 to N4.07 trillion and by 26% from N5.48 trillion in Q1 2023.
“During investigation, two suspects were arrested for questioning. Further development will be communicated in due course as the investigation proceeds,” the statement read.
Under the programme, the Sokoto-Badagry Highway, which will traverse Sokoto, Kebbi, Niger, Kwara, Oyo, Ogun, and Lagos, is prioritised.
The Chairman of the Ekiti State Muslim Traditional Rulers Council and Attah of Aiyede Kingdom, Oba AbdulMumini Adebayo Orishagbemi, said in a statement made available to newsmen on Friday, that there was no way such idea could fly because the Sultan is not of Sokoto alone but of the entire country.
“The terrorists arrived on foot and quietly, without firing a single shot during the operation, which lasted only a few minutes.