Nigeria Today: Top 10 News Stories You Shouldn’t Miss

1. The commemorative N100 banknote unveiled recently by the President, Dr. Goodluck Ebele Jonathan will  go into circulation from today. In commemoration of this notable event, all branches of the CBN have been directed to commence issuance of the currency in their respective locations. 2. The Infrastructure Bank Plc (TIB) is partnering Gemfonds of United Kingdom and Sigrun of Spain to float a $500 million Nigeria-focused infrastructure fund with the hopes of improving Nigeria’s infrastructure. 3. Skye Bank Plc, one of MoneyGram’s top agents in Nigeria, has extended the relationship with the launch of an outbound remittance service in the country. 4. The Lagos Chamber of Commerce and Industry (LCCI) has restated commitments to equipping Small and Medium Enterprises (SMEs) in the country with the requisite skills needed to make their products competitive globally through its mentoring programme. 5. In line with global standards and recommended practices, the Federal Government has announced plans to automate all maritime agencies before the end of first quarter of 2015. 6. Minister of National Planning, Abubakar Sulaiman, says Nigeria can generate about $10.38 billion (N1.7 trillion), if 50 per cent of the current kerosene users in Nigeria switch over to LiquefiedPetroleum Gas, LPG by 2018. 7. Africa’s first independent fact-checking website Africa Check, launched two years ago to promote accuracy in public debate and the media, announced Thursday that it had hit a million visitors. 8. On Tuesday, the Federal Government officially commenced the construction of 100,000 mass housing units for workers across the country. 9. Bargain hunting outweighed selling pressure on Thursday, enabling equities to stop an eight-day drop. 10. Customers of United Bank for Africa (UBA) Plc in the 18 African countries where the bank has operations can now receive transaction alerts on their twitter handle as direct messages.  

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This article was first published on 19th December 2014

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