International conspiracy to ruin Nigerian economy
Since the Nigerian economy emerged as the largest economy in Africa as a result of the rebasing exercise, the attempt to frustrate the nation's efforts to move forward has been orchestrated by foreign investors, their media and now the European Union and the United States of America. The new move arose when the CBN out of the desire to protect the nation’s foreign reserve restricted some 41 items that can be produced locally from access to official foreign exchange. These items are not banned but can only now be imported with the importer's own sourced foreign exchange.
We’ll give oil communities their due —DESOPADEC
DELTA State Oil Producing Areas Development Commission, DESOPADEC, has promised to give oil bearing communities across the state what is due them in terms of social services, manpower and infrastructural development.
Ambode urges Nigeria to pay attention to non-oil sectors
Governor Akinwunmi Ambode of Lagos State, yesterday, urged the country to pay more attention to the non-oil sectors of the economy in view of the dwindling revenue from oil.
NMA tasks Buhari on health sector funding
National president of the Nigerian Medical Association, NMA, Dr. Lawrence Kayode Obembe, has called on President Muhammadu Buhari to increase funding of the health sector, particularly government hospitals to ensure the desired efficient and effective health care delivery to Nigerians.
Trade Fair: NAFDAC warns producers of unregistered products
National Agency for Food and Drug Administration and Control, NAFDAC weekend took its fight against fake drugs to the Lagos International Trade Fair, warning producers of unregistered products to stay away from the fair or face its wrath.
Konga integrates BVN into e-payment transaction
Online marketplace, Konga.com has introduced the bank verification number, BVN as part of its authentication process for online payment in its recently introduced e-payment platform, KongaPay. In order to make online transaction more secure, KongaPay utilises One Time Password, OTP culled from the user’s bank verification number (BVN) to authenticate transactions.
