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WORLD BANK WARNS fg, says Nigeria’s Redesigned Naira Notes Policy Will Worsen Existing High Inflation, Rising Fuel Prices

WORLD BANK WARNS fg, says Nigeria’s Redesigned Naira Notes Policy Will Worsen Existing High Inflation, Rising Fuel Prices

The World Bank has warned that the newly redesigned naira which went into circulation last week may have adverse effects on the Nigerian economy and on poor Nigerians due to its short transition period. The Washington-based bank revealed this in a new report titled, “Nigeria Development Update.” This came amid the mixed reactions that had...

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touring 40 cities globally sharpen my business skills — Vincent Okonkwo

touring 40 cities globally sharpen my business skills — Vincent Okonkwo

A Nigerian serial business development expert, Engr Vincent S. Okonkwo, has said that with determination, forthrightness and willingness to relearn, every business practitioner will make profits in their investments. Okonkwo, found to be a hardworking and highly ambitious individual who says he never believes that anything is impossible, said, it was his “can-do spirit” that...

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Worker arraigned for stealing 426 cartons of spaghetti

Worker arraigned for stealing 426 cartons of spaghetti

A 35-year-old worker, Chris Iruonagbe, has been accused of stealing 426 cartons of spaghetti belonging to the company he worked for. Iruonagbe was arraigned before Chief Magistrate L.O. Owolabi sitting at the Ogba Magistrates’ Court, Ogba, Lagos State, on two counts of conspiracy and stealing. The defendant was alleged to have conspired with other fleeing...

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Cosmetic surgery goes wrong, Abuja judge, therapist clash

Cosmetic surgery goes wrong, Abuja judge, therapist clash

A skin-care therapist, Pamela Onyeagusi, and an Abuja National Industrial Court judge, Justice Zainab Bashir, have traded blame following unsuccessful cosmetic procedures which left burns on the latter’s skin. The therapist accused the judge of harassing and making life unbearable for her after she (Bashir) complained that the cosmetic treatments were not successful. However, Justice...

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NAFDAC seizes unregistered food products in Kano, arrests 2

NAFDAC seizes unregistered food products in Kano, arrests 2

The National Agency for Food and Drugs Administration and Control (NAFDAC), has raided 10 warehouses in Sabon Gari market in Kano State, where they seized unregistered food products and arrested two people. The Deputy Director, Investigation and Enforcement Directorate of NAFDAC, Kaduna office, Mr. Tamanuwa Andrew, disclosed this to the News Agency of Nigeria (NAN)...

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NNPC slashes price for marketers to ease scarcity

NNPC slashes price for marketers to ease scarcity

The Nigerian National Petroleum Company Limited, NNPCL, yesterday, adopted new measures aimed at guaranteeing adequate fuel supply across the country, by fixing N148 per litre as the price for lifting petrol at depots. It also agreed to supply outstanding stock to independent oil marketers, to end product shortage. This came as the independent marketers said...