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Today’s Headlines:FG Introduces “Koo App” After Twitter Ban, CBN To Introduce Digital Currency

FG opens Koo account — days after suspending Twitter

The Nigerian government has opened an official account on Koo, an Indian microblogging platform.

The move comes less than a week after the federal government suspended Twitter operations in Nigeria. The government had alleged that the microblogging site was being used to undermine “Nigeria’s corporate existence”.

The Koo account, with the handle, “@nigeriagov” and username, “Government of Nigeria”, had over 10,000 followers as of press time.

CBN’s digital currency’ll begin before 2022– Bankers’ Committee

The Director-Information Technology Department, Central Bank of Nigeria, Mrs Rakiyat Mohammed, has said that the banking regulator will launch a digital currency before the end of 2021.

Muhammed disclosed this during a press briefing on the Bankers’ Committee meeting on Thursday.

Security agencies brainstorm on North-West insecurity, Kaduna acquires drones

DIRECTORS of the Department of State Services drawn from North-West geopolitical zone are currently brainstorming in Kaduna to reverse the troubling spate of insecurity occasioned by kidnapping, banditry and other related crimes in the zone.

The 2nd quarterly meeting of the secret police is holding in the newly acquired DSS office complex located along Maj. Gen. Muhammadu Buhari Way (formerly WAFF road), Kaduna on Thursday.

We’ll link Lagos rail line with Niger Republic – Buhari

The President, Major General Muhammadu Buhari (retd.), said on Thursday that the construction of a rail line that will link Nigeria to Niger Republic will position Nigerian ports as the choice for import and export business from the neighbouring country.

Buhari said this at the inauguration of the commercial operations of Lagos-Ibadan railway project at the Mobolaji Johnson Railway Station, Ebute Metta, in Lagos. The 157-kilometre standard gauge railway line, which runs from Apapa, Lagos to Ibadan, Oyo State, cost over $1.5bn.

CBN Denies Plan to Nationalise Unity Bank

The Central Bank of Nigeria (CBN) yesterday described as “fake news,” a media report that it was considering nationalising Unity Bank Plc.

CBN’s spokesman, Osita Nwanisobi, in a statement advised customers and other stakeholders of the bank to disregard the report, describing it as the handiwork of mischief makers.

MTN shareholders to receive N9.40 dividend per share

MTN Nigeria Communications Plc has announced the payment of N9.40 as total dividend for the year ended December 31, 2020, representing 18.7 percent over N7.92 declared in 2019.

Speaking at the company’s Annual General Meeting (AGM), in Lagos, Chairman of the company, Dr. Ernest Ndukwe, said that despite the challenging operating conditions during the year, the company recorded improved performance across all key metrics, creating the shareholder value achieved.

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Bankers Committee CBN Koo Koo App Nigeria


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