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Economy

Economy

Ibadan Residents Bemoan Hike in PMS Pump Price

Residents of Ibadan have frowned at the irregular price of premium motor spirit, PMS, known as petrol by most filling stations in the metropolis.  Our correspondent who visited some filling stations in the Ibadan metropolis reports that the majority of filling stations lock their gates to customers while few filling stations belonging to independent marketers are selling Continue Reading
Economy

FG Empowers Over 200 Nigerians

The Federal Government Through The Small And Medium Enterprises Development Agency, SMEDAN Has Presented Empowerment Materials To Over Two Hundred Beneficiaries Of The National Business Skills Development Initiative And National Vocational And Entrepreneurship Scheme In Osun State. The Materials Were Handed Over To The beneficiaries And Cooperative Groups In Osogbo, The Continue Reading
Economy

CBN Receives Old Notes worth N165b

The Central Bank of Nigeria (CBN) has received a total of 165 billion worth of Naira notes so far, following its call on Nigerians to deposit all old notes in circulation. CBN’s Director of Currency, Rasheed Adams made the confirmation on Wednesday at a post-briefing of the Monetary Policy Committee (MPC) meeting in Abuja. The […]Continue Reading
Economy

PMB Unveils New Naira Notes

President Muhammadu Buhari has launched the new Naira notes redesigned by the Central Bank of Nigeria and printed locally by the Nigeria Security Printing and Minting Company. The newly-designed currencies are in the denominations of ₦1000, ₦500 and ₦200 notes. At the ceremony, President Buhari said the redesigned notes would checkmate the compromise that had […]Continue Reading
Economy

Gov Makinde Presents N310bn Budget for 2023

Oyo state Governor, Engineer Seyi Makinde has presented a budget proposal of Three Hundred and Ten Billion Naira (310,000,000,000) as the appropriation bill for the 2023 fiscal year before the state house of assembly Our correspondent reports that Infrastructure took the largest percentage of the budget, followed by education and health. The appropriation bill tagged: […]Continue Reading
Economy

Reactions Trail CBN Decision on Naira Notes

Reactions have continued to trail the Central Bank of Nigeria, CBN decision to redesign some naira notes, remove the old ones and also to control the currency in circulation. Speaking on the development, some residents of Ibadan in an interview with Radio Nigeria attributed their not depositing money in the bank to challenges of financial transactions and trading in Continue Reading
Economy

Osun Govt Flags Off Food Support Scheme

The Osun State government has flagged off the 19th edition of its monthly Food Support Scheme, with the distribution of food items to another set of 30,000 people who belong to the vulnerable segment of the population in the State. The State Governor, Mr Adegboyega Oyetola attributed the consistency and sustainability of the initiative, in […]Continue Reading
Economy

RN Gold FM Holds Customers Forum

For any business to flourish, a businessman must set long, medium and short term goals and objectives for appreciable margins and sustainable operations. Deputy Director Marketing, Federal Radio Corporation of Nigeria, Ibadan Zonal Station, Mr. Adewale Afinjuomo stated this while speaking at a customers forum organised by the station in Ilesa, Osun State. In a […]Continue Reading