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Democracy Radio

195 Results / Page 6 of 22

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Economy

CBN Introduces Electronic System To Enhance Transparency In Forex Market

By Oluwakemi Kindness The Central Bank of Nigeria has announced the introduction of an Electronic Foreign Exchange Matching System aimed at transforming the country’s foreign exchange market. The new system is set to be operational in the Nigerian Foreign Exchange Market by 1 December 2024, following a two-week test run scheduled from November. The EFEMS is expected to reshape how foreign exchange transactions are conducted in the interbank market by […]

todayOctober 4, 2024 11 3

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National Assembly

Speaker Abbas Laments Niger State Boat Mishap, Deaths

By Oluwakemi Kindness The Speaker of the House of Representatives Abbas Tajudeen, has described as devastating, a boat mishap in Niger State, which killed scores of passengers. About 60 bodies have been reportedly recovered after the boat capsized on Tuesday night at Gbajibo River in Mokwa Local Government Area of Niger State. The boat was said to be carrying over 300 passengers. Speaking in a statement on Friday by his […]

todayOctober 4, 2024 7 4

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Politics

Rep. Alhassan Doguwa tackles NNPP’s Kwankwaso ahead of 2027 election

By Oluwakemi Kindness The Chairman of the House of Representatives Committee on Petroleum Resources (Upstream), Alhassan Ado-Doguwa has knocked the Presidential Candidate of the New Nigeria People's Party (NNPP) in the 2023 general elections, Rabiu Musa-Kwankwaso, for his comment that Nigerians will vote out the All Progressives Congress (APC) in the 2027 polls. Kwankwaso, had while speaking at a political gathering in Kano on Thursday, said Nigerians, especially Northerners, are […]

todayOctober 4, 2024 11 4

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Business

Business: 140 manufacturers to get BOI’s loan at single digit

By Oluwakemi Kindness The Bank of Industry, BOI says about one hundred and forty large manufacturing companies will receive loans of up to one billion naira at single digit interest rates. BOI’s Managing Director, Dr. Olasupo Olusi, stated this in Abuja on Wednesday during its inaugural public lecture series saying this is under the seventy five billion naira Manufacturing Sector Fund. Dr. Olusi said the funds under this program have […]

todayOctober 3, 2024 11 5

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Economy

FG Introduces New Fiscal Incentives To Boost Oil & Gas Sector

By Oluwakemi Kindness In its avowed determination towards ensuring a boost in the nation’s upstream and downstream sector, the Federal Government has introduced groundbreaking concessions aimed at revitalizing the industry. This is just as the Minister of Finance and Coordinating Minister of the Economy, Wale Edun on Wednesday unveiled two major fiscal incentives aimed at revitalizing Nigeria's oil and gas sector: They include Value Added Tax (VAT) Modification Order 2024 […]

todayOctober 3, 2024 11 3

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National Assembly

Deputy Speaker Calls For Probe Over Beheading of Abia Couple

By Oluwakemi Kindness Deputy Speaker of the House of Representatives, Benjamin Kalu has condemned in strongest terms the horrific and senseless killing of Jacob Udo and his wife, Comfort Udo, a couple who until their demise resided in Isiala Autonomous Community in the metropolis of Bende Local Government of Abia State. The late Udo and his wife, who originally hailed from Itumbuzor in the same Bende local government area were […]

todayOctober 3, 2024 9 5

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Security

Security: Minister Signs Performance Bond With Directors

By Oluwakemi Kindness The Minister of Police Affairs, Senator Ibrahim Gaidam and Directors in the Ministry have signed a performance bond for the smooth implementation of assigned tasks in line with Priority 2 of the Renewed Hope Agenda. The official signing ceremony for the performance bond was performed with the Permanent Secretary, James Sule who represented the Minister at the Headquarters of the Ministry in Abuja. The Minister said it […]

todayOctober 1, 2024 15 2

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Business

World FZO Elects NEPZA’s MD into Board of Directors

By Oluwakemi Kindness The Managing Director, Nigeria Export Processing Zones Authority, NEPZA, Dr. Olufemi Ogunyemi, has won election into the Board of the World Free Zone Organisation (WFZO) in Dubai. African participants, and their counterparts from Europe and Latin America at this year’s World Free Zone Congress rendered their block votes that led to his election. The Management of the Nigeria Export Processing Zone Authority said it views this concerted […]

todayOctober 1, 2024 9 2

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General

FG Honours Deputy Speaker, Kalu With National Honours Award

By Oluwakemi kindness The Deputy Speaker of the House of Representatives, Benjamin Okezie Kalu has been awarded Commander of the Order of the Niger (CON) by the Federal government. President Bola Ahmed Tinubu made the disclosure in his national broadcast to mark Nigeria's 64th Independence Day in Abuja on Tuesday. Kalu was honoured alongside the Senate President, Senator Godswill Akpabio and the Chief Justice of Nigeria (CJN), Justice Kudirat Kekere-Ekun […]

todayOctober 1, 2024 12 2

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