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Central Bank of Nigeria: Basic facts
In 1991, the Bank s and Other Financial Institutions Act (BOFIA) formerly BOFI was promulgated to replace the CBN Act of 1958 and the Banking Decree of 1969 (including later amendments). The policy brought the non-bank financial intermediaries under the supervision of Central Bank of Nigeria. Nigerian Inter-Bank Settlement System:In March 1993, the Nigerian Inter-Bank…
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Electric Vehicles (EV)
In recent years, there has been alot of rave about electric cars with EV companies highlighting how you can just connect your car, and drive, simple. No more buying fuel at over 1000 NGN, no more queuing in gas stations, in fact no fuel wahalla. Currently, Tesla is often considered the top electric vehicle manufacturer…
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FG increases Corps Members Allowance to N77,000
The Federal Government has approved the increment of Corps Members’ monthly allowance to Seventy-Seven Thousand Naira (N77,000) with effect from July 2024. Before this increment, the monthly allowance for Corps Members was Thirty-Three Thousand Naira (N33,000). The Director General of National Youth Service Corps, Brigadier General YD Ahmed was thankful to the Federal Government for…
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Bagega
Bagega is a Hausa-speaking village located in Anka Local Government Area of Zamfara State, northwestern Nigeria. The village gained international attention due to a significant lead poisoning crisis linked to artisanal gold mining. Location: Economic Activity: Bagega’s economy is heavily centered on artisanal mining, particularly for gold. This mining activity, while a source of livelihood,…
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Zamfara
Zamfara State, located in northwestern Nigeria, has a rich history and diverse cultural background. Originally part of Sokoto State until 1996, it became an autonomous state through the efforts of the local population. Below are key points about the state: Geography and Demographics: History: Economy: Natural Resources: Zamfara has an abundance of natural resources, including:…
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Anka
Anka Local Government Area (LGA) is one of the 14 LGAs in Zamfara State, located in the Northwestern geopolitical zone of Nigeria. The administrative center is the town of Anka, which is also the seat of the Emir of Anka, the traditional ruler of the area. Anka LGA includes several towns and villages, such as…
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NYSC ALLOWANCE INCREASE TO 77,000
The federal government has approved the increase of the nysc allowance,From 33,000 to 77,000 which payments are back dated to July 2024. This announcement in accordance with the national minimum wage (amendment)Act 2024. the announcement was contained in a statement by Caroline Emu the Acting Director of Information and Public relations for NYSc.
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Ugbor Describes Tinubu’s Government as Incompetent, Accuses NEMA of Collecting Millions of Naira from Him
By Iorbee Shityo The member representing Kwande/Ushongo at the National Assembly, Hon. Terseer Ugbor has described the Government of Nigeria led by President Bola Ahmed Tinubu as an incompetent Government. This is after National Emergency Management Agency (NEMA) led a delegation to distribute relief materials for IDPs and Vulnerable persons in Kwande and Ushongo Local…
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Government agencies in Nigeria
The provided list offers a comprehensive overview of various government agencies in Nigeria, categorized by sectors such as Agriculture, Aviation, Communications, Economy, Education, Energy, Environment, Health, Intelligence, Judiciary, Maritime, Media, Science and Technology, Water Resources, and others. Each sector houses a number of specialized agencies responsible for implementing policies, providing services, and managing the government’s…
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Shinkafi
Shinkafi is another Local Government Area (LGA) located in Zamfara State, Nigeria. Its headquarters is in the town of Shinkafi, which is situated in the northern part of the state. Shinkafi shares a border with the neighboring state of Sokoto to the west, and the area is primarily known for its agricultural activities, including farming…