ASHENEWS reports that the Dangote Industries Ltd. (DIL) has signed an agreement with China Sinoma International Engineering to build a six million tonnes per annum cement plant in Itori, Ogun State.
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The Arewa4Asiwaju, a North based support group, has attributed the sudden 10 days extension of the deadline for the swap of old Naira to what it called Asiwaju Bola Ahmed Tinubu’s sagacity and courage expressed in Abeokuta recently.
The Governor of the Central Bank (CBN), Godwin Emefiele has said that it has taken the incorruptibility of a leader found in President Muhammadu Buhari’s stature that got the approval for the CBN to embark on the ongoing currency redesign program.
ASHENEWS reports that the Central Bank of Nigeria (CBN) has extended the deadline for the use of the old notes till February 10, President Muhammadu Buhari’s special assistant, Bashir Ahmad tweeted this on his Twitter handle @BashirAhmaad on Sunday.
Ahead of January 31, 2023, deadline for the submission of old Naira notes, the Central Bank of Nigeria (CBN) in collaboration with Civil Society Organisations (CSOs), on Friday, embarked on a sensitization campaign for the people in Calabar, the Cross River State capital.
Kano state governor, Abdullahi Ganduje has called on the Central Bank of Nigeria (CBN) to extend the deadline for the exchange of old naira notes for the new notes from January 31 deadline.
ASHENEWS reports that the House of Representatives, at plenary on Thursday, said it will not hesitate to issue the Inspector General of Police (IGP) with a warrant to compel the appearance of the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, who has allegedly refused to appear before it.
The Borno state governor, Babagana Zulum, has directed the state Ministry of Finance to quickly establish branches of existing microfinance banks in the 25 local government areas of the state in accordance with regulatory procedures.
ASHENEWS reports that the Dangote Group of Companies has described the reports that the Dangote Refinery would be commissioned during the working visit of President Muhammadu Buhari to Lagos State as misleading.
ASHENEWS reports that against experts’ projections, the Monetary Policy Committee (MPC) of Central Bank of Nigeria (CBN) has increased the monetary policy rate by 100 basis points to 17.5 percent.