Month: May 2024
Nigeria Unites to Achieve $1 Trillion Economy by 2030 with Aso Accord
In a historic move aimed at propelling Nigeria into a $1 trillion economy by 2030, the Presidency, all 36 states, and the private sector have forged a groundbreaking agreement known as the Aso Accord on Economic and Financial Inclusion. This comprehensive plan seeks to ensure that every citizen in Nigeria has equal access to financial…
Minister of Steel Development Dissolves National Steel Council Board
In a move aimed at repositioning the steel industry in Nigeria, the Honourable Minister of Steel Development, Prince Shuaibu Abubakar Audu, has dissolved the former Board of the National Steel Council (NSC), prohibiting it from conducting any activities on behalf of the Council. The dissolution, outlined in a letter addressed to the Executive Secretary of…
Former Binance CEO Changpeng Zhao Sentenced to Four Months in Prison
Former CEO of Binance, Changpeng Zhao, commonly known as CZ, has been handed a four-month prison sentence by a federal judge for violating U.S. money laundering laws. The ruling was delivered during a hearing held on April 30 at the U.S. District Court for the Western District of Washington, presided over by Judge Richard Jones….
Federal Government Approves Salary Increase for Civil Servants
The Federal Government of Nigeria has granted approval for a significant increase in the salaries of civil servants across the nation. The raise, ranging between 25% and 35%, applies to employees operating under six consolidated salary structures. These structures include the Consolidated Public Service Salary Structure (CONPSS), Consolidated Research and Allied Institutions Salary Structure (CONRAISS),…