“We will mobilise the totality of our national security, military and law enforcement assets to protect all Nigerians from danger and from the fear of danger,” Tinubu promised in the 80-page policy document.” PEGASUS REPORTERS, LAGOS | JUNE 05, 2023 President Bola Ahmed Tinubu has reportedly settled for the former Chairman of the Economic and Financial Crimes Commission (EFCC) ...
Read More »Nigerian Government
Breaking News: President-elect, Bola Tinubu jets out to Europe on working visit
“The President-elect has hitherto promised to hit the ground running and the visit is reflective of his commitment to the promise as he has already begun talks with global actors in the important areas of the economy and security” PEGASUS REPORTERS, LAGOS | MAY 10, 2023 President-elect Bola Ahmed Tinubu on Wednesday afternoon left Nigeria for Europe on a ...
Read More »President Buhari writes Senate, seeks comfirmation of 12 nominess for governing board of Northeast Development Commission
“The nominees include: Barr. Bashir Bukar Baale, Chairman, (North East, Yobe), Suwaiba Idris Baba, Executive Director, Humanitarian Affairs, (North East, Taraba), Musa Umar Yashi, Executive Director, Administration and Finance, (North East, Bauchi), Dr Ismaila Nuhu Maksha, Executive Director, Operations (North East, Adamawa) and Umar Abubakar Hashidu, MD/CEO, (North East, Gombe)” PEGASUS REPORTERS, LAGOS | MAY 8, 2023 President Muhammadu ...
Read More »Naira Note Swap: State Broadcast by Malam Nasir El-Rufai, Governor of Kaduna State, 16th February 2023.
“There is no reason why the old notes and the new notes should not coexist until the old notes are gradually withdrawn over the years as is done in the United Kingdom, Saudi Arabia and other countries. It is unfortunate that in implementing this policy, Nigeria is departing from global best practice, without any compelling justification” PEGASUS REPORTERS, LAGOS ...
Read More »NEWS: Omotade Tasks Corps Members To Use Service Year To Add Values To Their Lives
“One principal way out of poverty and idleness is to engage vigorously in the Skills Acquisition and Entrepreneurship Development (SAED) programme…Exhibit virtues that will bring honour and not shame to your families and the scheme, at your places of primary assignments, respect the culture and tradition of your host communities” PEGASUS REPORTERS, LAGOS | FEBRUARY 13, 2023 Director, of ...
Read More »Banks Mandated By Law To Accept Old Naira Notes After 10 February Deadline – Emefiele
He explained further that “if you have your money that you have not been able to send to the bank. We will certainly give you the opportunity to bring them back into the CBN to redeem it. Either you pay it to your bank account or you want to do an exchange — we give you. You will not ...
Read More »CBN Gov. Emefiele In Aso Rock Confers With President Buhari, Reads Riot Acts To Deposit Banks
“Corporates that require cash should only be given the old N100 notes and below. Corporates must not be given the new notes…All new notes have tracking numbers to trace them back to State, Bank and Bank branches. So notes confiscated at parties and other locations can be traced back to the Bank and applicable branch” PEGASUS REPORTERS, LAGOS | ...
Read More »CBN Launches Afrigo, Bans Dollar Charges On Domestic Transactions, Hints On Deadline For Existing Card Schemes
Speaking at a virtual launch of the card scheme on Thursday, the Governor of the CBN, Godwin Emefiele, said: “all domestic transactions that are that are going to be conducted in Nigeria will have to be through the Nigerian domestic cards” PEGASUS REPORTERS, LAGOS | JANUARY 28, 2023 With the launch of the National Domestic Card scheme, Afrigo, the ...
Read More »ECONOMY: Federal Inland Revenue Service Begins Implementation of Electronic Transfer Levy Regulation 2022.
“Many Nigerians raised alarm on social media on Sunday, January 8, 2023, when they saw that their accounts were debited with various sums. The debit took them unaware as there has been no mention of the levy in any media reports” PEGASUS REPORTERS, LAGOS | JANUARY 10, 2023 The Nigerian government has begun the implementation of the Electronic Transfer ...
Read More »ECONOMY: As CBN’s Cashless Policy Kicks-Off, See Full List of Banks USSD Code for Electronic Transactions
“The term “unstructured supplementary service data” (USSD) refers to a technology that has been present since the early 1990s” PEGASUS REPORTERS, LAGOS | JANUARY 9, 2023 The Central Bank of Nigeria has revealed that plans are on ground to ensure Nigerians become a cashless society and one of the major major structures to achieve this is the use of ...
Read More »