Vice President, Royal Fathers Attend Ondo 2025 MSME Clinics
Vice President, Royal Fathers Attend Ondo 2025 MSME Clinics
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Akolade Media at 40: A Triple Celebration You Can’t Miss.
Akolade Media at 40: A Triple Celebration You Can’t Miss!
Court Rejects MultiChoice’s Bid to Uphold DStv, GOtv Price Hikes
Court Rejects MultiChoice’s Bid to Uphold DStv, GOtv Price Hikes
Akolademedia Elected as New Treasurer for Ondo State Events Vendors
Akolademedia Elected as New Treasurer for Ondo State Events Vendors
CAC to Launch AI-Driven Portal for 30-Minute Business Registrations
The Corporate Affairs Commission (CAC) is set to introduce an artificial intelligence (AI)-powered portal designed to expedite business registrations to just 30 minutes, a significant reduction from the current 24-hour to three-day timeframe. Registrar-General Hussaini Ishaq Magaji announced that the new system, slated for launch next week, will eliminate human interference, ensuring a faster, more…
CBN Introduces Daily PoS Withdrawal Limit of N100k Per Customer
The Central Bank of Nigeria (CBN) has announced a new daily cash withdrawal limit of N100,000 per customer for point-of-sale (PoS) transactions. This directive, outlined in a circular titled “Cash-out Limits for Agent Banking Transactions,” was sent to deposit money banks (DMBs), microfinance banks, mobile money operators, and super-agents. According to the CBN, the policy…
Video: Staff Shut Ondo Internal Revenue Office Over Non-payment Of New Minimum Wage
In a dramatic development, workers at the Ondo State Internal Revenue Service (ODIRS) have shut down the agency’s office in protest over the non-payment of the newly approved minimum wage. The protest erupted this morning, with staff members taking to the streets in front of the ODIRS office, demanding the immediate implementation of the new…
CBN Reiterates Commitment to Curb Inflation Through Tight Monetary Policy
The Central Bank of Nigeria (CBN) has reaffirmed its dedication to controlling the nation’s inflation rate, which it described as “unacceptably high.” This was highlighted by the CBN Governor, Olayemi Cardoso, during the 2024 Annual Bankers’ Dinner organized by the Chartered Institute of Bankers of Nigeria (CIBN) in Lagos. According to the latest report from…
EXCLUSIVE: NNPCL Resumes Operations at Old Port Harcourt Refinery Built in 1965, New Refinery Remains Inactive
SaharaReporters has uncovered that the Port Harcourt Refinery in Rivers State, recently announced as operational, is not the newer facility built in 1989 with a capacity of 150,000 barrels per day. Instead, the Nigeria National Petroleum Company Limited (NNPCL) has resumed operations at the older refinery, constructed in 1965, which produces only diesel and has…
Tinubu’s Economy Minister, Wale Edun, Justifies Need for More Borrowing Despite Nigeria’s N134 Trillion Debt
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has defended the need for additional borrowing to fund the federal budget, even as the country’s public debt exceeds N134 trillion. Edun made the statement during an interactive session with the Senate Joint Committees on Finance, National Planning, and Economic Affairs, focused on…