Category: ECONOMY

All you need to know about BOFIA act 2020

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BREAKING: President to address the nation by 7pm

President Muhammadu Buhari signed the Banks and Other Financial Institutions Act (BOFIA) 2020 yesterday here is all you need to know bout BOFIA 2020 The present who disclosed this on his official Twitter handle on Friday, said the new legislation which repealed the extant BOFIA 1991 as-amended, would strengthen confidence in the banking sector. President Buhari wrote: “Yesterday, November 12, 2020, I assented to the Banks and Other Financial Institutions Act 2020, which repeals the extant Banks and Other Financial Institutions Act 1991 as-amended. “The BOFI Act 2020 is a…

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Check your 2020 SSCE Result on WAECDirect Portal Free

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Check your 2020 SSCE Results on WAECDirect Portal Free

Check your 2020 SSCE Results via WAECDirect Portal Free. Kindly login to https://www.waecdirect.org, WAEC result checker portal to check your 2020 Senior Secondary School Certificate Examination(SSCE) results free The West African Examinations Council (WAEC) has released the results of the 2020 Senior Secondary School Certificate Examination(SSCE). WAEC had promised the results would be released on Monday, November 2, 2020. If you are one of the candidates that participated in the examination, checking the result is very simple. Remember the smart identity card used during the exams? Well, the result checker…

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Survival Fund: Registration commences as portal open, all you need to know

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Survival Fund: Registration commences as portal open, all you need to know

As the portal for the registration of prospective beneficiaries for the Survival Fund opens on Monday, the Federal Government has released the timetable for categories of businesses to register. A statement issued in Abuja on Sunday by the Project Delivery Office stated that the portal which opens at 10 PM, will have educational institutions as the first category of beneficiaries to register. “Nigerians interested in the Payroll Support scheme are to note that the site for registration will be open from 10 pm Monday, September 21, 2020. “In order to…

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FG declares that filling stations will dispense gas in vehicles from September

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Federal Government declares Thursday as public holiday for Eid-el-Maulud celebration

The Federal Government has declared that filling stations will begin to dispense autogas into automobiles through selected filling stations across the country before the end of September. This was disclosed by the Federal Ministry of Petroleum Resources through a document. It was gathered that autogas to be dispensed into automobiles and other prime movers include; Liquefied Petroleum Gas, Compressed Natural Gas and Liquefied Natural Gas, depending on the type of vehicle. The Committee on National Gas Expansion Programme (NGEP) had been assigned to ensure the effective implementation and take-off of this…

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Petrol price increases as PPPRA raises ex-depot price by N6

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Petrol price increases as PPPRA raises ex-depot price by N6

With N138.62 approved by the Petroleum Products Pricing Regulatory Agency (PPPRA) as ex-depot price for a litre of petrol, the stage is set for Nigerians to pay more for petrol. Many filling stations in Lagos were shut on Tuesday in anticipation of the price hike. National Vice President of the Independent Petroleum Marketers Association of Nigeria (IPMAN) Abubakar Maigandi told The Nation last night that the PPPRA raised the depot price from N132/N133 per litre by N6 per litre. According to him, the agency has approved an ex-depot N138.62 per litre price…

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ShopRite Exit Nigeria: South Africa’s grocery retailer, ShopRite shutdown in Nigeria after 15 years of running

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ShopRite Exit Nigeria: South Africa’s grocery retailer, ShopRite shutdown in Nigeria after 15 years of running

South Africa’s grocery retailer, ShopRite is leaving Nigeria 15 years after it opened shop in the West African country. Shoprite opened its first store in Lagos in December 2005. In a trading update filed at the Johannesburg Stock Exchange on Monday morning, the retail giant said it was planning to discontinue its operations in Nigeria. International supermarkets (excluding Nigeria) contributed 11.6 per cent to group sales and reported 1.4 per cent decline in sales from 2018. South African operations contributed 78 per cent of overall sales and saw 8.7 per…

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N-Power Test Time Table for Batch C is Out

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NSIP paid sum of N13.3B to 15,246 N-Power beneficiaries for batches A and B in Kwara state

The time table for the assessment test for all batch C who had registered for the ongoing recruitment in N-power for 2020/2021 The timetable is as shown below in the photo The New N-Power Test Assessment Schedule N-POWER Date & Programme July 15th N-Power Tax July 16th. N-Power Tax July 17th. N-Power Tax July 18th. N-Power Tax July 19th. N-Power Tax July 20th. N-Power Health July 21st. N-Power Health July 22nd. N-Power Health July 23rd. N-Power Health July 24th. N-Power Health July 25th. N-Power Agro July 26th. N-Power Agro July…

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Opay ORide, OCar, OExpress Closed and all you need to know

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Opay ORide, OCar, OExpress Closed and all you need to know

Opay announced this afternoon that it would be shutting down some of its business units (for now) to focus only on financial technology services. A press statement by the company, as seen by the Global News Nigeria, primarily blamed the development on the COVID-19 pandemic, as well as a recent regulation by the Lagos State Government which banned commercial motorcycles across much of the Lagos metropolitan area. Read Also: How to Setup Opay ORide Account, Download on Playstore and Registration The business units that have been put on hold by the…

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