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    Urban Radio 945 Music, Talk, Sports

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Economy

41 Results / Page 3 of 5

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Economy

CBN Revises Cash Withdrawal Limits to 500, 000 Naira and 5 million Naira.

The Central Bank of Nigeria CBN has revised cash withdrawal limits to 500, 000 Naira and 5 million Naira for individuals and corporate accounts respectively, while it also reviewed downward, the stipulated percentage cost for withdrawals above the stipulated limits. The Director of Banking Supervision of CBN, Haruna Mustapha in a statement yesterday said in gripping circumstances where cash withdrawals above the limits are required, they shall be subject to […]

todayDecember 22, 2022 18

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Economy

Reps Calls NNPC to End the Artificial Petrol Scarcity.

The House of Representatives has called on the Nigerian National Petroleum Company, NNPC Limited to end the artificial scarcity of petroleum products especially the premium motor spirit, PMS known as petrol in the country within the next one week. Following a motion moved by Saidu Abdulahi, members unanimously adopted the motion and expressed sadness that if the situation continues, the festive period will bring untold hardship to millions of Nigerians […]

todayDecember 14, 2022 20

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Economy

Minister Laments Over Inadequate Annual Budget Provisions for Construction of Roads and Bridges

The Minister of Works and Housing, Babatunde Fashola says Nigeria needs 1.2trillion Naira for roads and bridges but the government is only able to provide 198.9 billion Naira. The former Governor of Lagos State while appearing to defend the budget of his ministry before the House of Representatives Committee on Works yesterday, lamented the difference between the cost of highways and the envelope budget provided by the government. He stated […]

todayNovember 2, 2022 8

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Business

Reactions as CBN Governor announces to re-designed naira notes

Reactions have continued to trail the announcement by the Governor of the Central Bank Godwin Emefiele to re-designed naira notes as a measure targeted at controlling currency in circulation as well as curbing counterfeit currency and ransom payment to kidnappers and terrorists. Throwing more light on the rationale for the new government policy, a Professor of Economics and a member of the Central Bank of Nigeria Monetary Mike Obadiah said […]

todayOctober 31, 2022 14

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Economy

President Buhari Backs CBN’s Move to Redesign the Naira Notes.

President Muhammadu Buhari yesterday said he is fully in support of the Central Bank of Nigeria CBN’s move to redesign the naira notes, adding that he is convinced that the nation will gain a lot by doing so. Speaking in a Hausa radio interview Buhari said reasons presented to him by the CBN convinced him that the economy stood to benefit from the reduction in inflation, currency counterfeiting, and the […]

todayOctober 31, 2022 22

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Economy

Oil Theft in Nigeria, is not a New Development in the Country-Ken Robinson.

The National Publicity Secretary of the Pan-Niger Delta Forum Pandef, Ken Robinson has said the incidence of oil theft in Nigeria, is not a new development in the country. Robinson, who was featured as a guest on the breakfast political program of Urban Radio, The Parliament asserted that crude oil theft, was not carried out by Niger Deltans, but by highly placed political officials who have the means to conduct […]

todayOctober 19, 2022 18

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Economy

Government of Imo State Presents Relief Materials to Flood Victims

The Government of Imo State has visited and assisted the flood-displaced victims in Ohaji/Egbema and Oguta with relief materials, funds, and food items through the Imo State Oil Producing Areas Development Commission Isopadec. On arrival, the Deputy Governor of the State, Professor Placid Njoku, the General Manager of Isopadec, Charles Orie, Minister for State Education Nana Opiah, and a host of other officials, were received by the Traditional Rulers of […]

todayOctober 17, 2022 27

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Economy

AGF Abubakar Malami Says IPOB Leader Kanu Not Acquitted

The Attorney-General of the Federation and Minister of Justice, Abubakar Malami, has reacted to the decision of the Appeal Court to discharge leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu, saying the IPOB leader has only been discharged but not acquitted. Malami who stated this in a statement signed by his spokesperson, Umar Gwandu, said the decision handed down by the court of appeal was on a single […]

todayOctober 14, 2022 3

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Economy

NEMA Receives 126 Nigerians from Libya

The National Emergency Management Agency (NEMA) yesterday received 126 Nigerians from Libya. NEMA acting Coordinator of the Lagos Territorial Office, Ibrahim Farinloye, who confirmed this to newsmen in a statement, said the returnees consisting; 46 male adults, 62 female adults, two male and six female children, as well as four female and six male infants, were brought back to the country by the International Organization for Migration (IOM) through a […]

todayOctober 14, 2022 39

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