Business
Hackers posted fake CBN statement on my SM accounts – Aisha Buhari
- CBN vows to expose those behind it
Aisha Buhari, wife of President Muhammadu Buhari, says a fake statement on the extension of the old naira note deadline, posted on her social media accounts, was the work of a “hacker”.
The purported statement with the signature of Osita Nwanisobi, Central Bank of Nigeria (CBN) spokesperson, went viral on social media on Tuesday.
The statement claimed that the apex bank had been directed to recirculate the old N1000 and N500 notes as legal tender for 70 days.
The statement before it was deleted was shared by Aisha on her official Facebook and Instagram page.
The CBN later disowned the statement and asked the public to disregard it.
In a disclaimer on her Facebook page, Aisha said the statement was posted by a hacker with the intention to “attack her reputation”.
She stated, “It has come to my attention that a certain fake news was posted on my social media handle, Instagram, which also directly connects to my Facebook page, earlier this morning. I have since directed that it should be deleted.
“This is without a doubt the criminal actions of the person(s) who were responsible for deleting quite a number of my posts since 2018 to late last year when I posted a video and picture of my hands with Henna design of ABAT insignia on the day I launched the APC Women Presidential Campaign Committee for Bola Ahmed Tinubu in Ilorin, Kwara State, my post on the event for the Traditional and Complementary Alternative Medicine (TCAM) conference and 17 other posts.
“This person is a hacker, criminally minded with the intention to continue attacking my reputation through my social media platforms.
“But I am assuring you that this is the first and last I am disclaiming fake news on my handle.
“It is the responsibility of the security agencies to find out who am I sharing my social media handles with, despite being verified accounts, and take all necessary actions.”
Meanwhile, the CBN says it is working with law enforcement agencies to arrest and prosecute those responsible for the “fake” statement on the validity of the old N500 and N1,000 notes.
The apex bank issued the threat in a statement jointly signed by Edward Adamu, deputy governor, corporate services, and Osita Nwanisobi, director of corporate communications, on Tuesday.
The CBN insisted that President Muhammadu Buhari’s directive on the old N200 notes still stands.
It stated, “The bank is working with the law enforcement agencies to investigate, apprehend and prosecute the purveyors of this fake news. Please be guided accordingly.”
Business
PH refinery: 200 trucks will load petroleum products daily, says Presidency
PH refinery: 200 trucks will load petroleum products daily, says Presidency
No fewer than 200 trucks are set to load petroleum products at the government-owned Port Harcourt Refinery, the presidency has said.
A presidential spokesperson, Sunday Dare, made this known in a statement through his official X handle on Tuesday.
Newstrends had reported that the Nigerian National Petroleum Company on Tuesday announced that Port Harcourt Refinery has resumed operations and crude oil processing after years of inactivity.
READ ALSO:
- US-based Nigerians get 30-year sentence over $3.5m romance scam
- 4 Nigerians arrested in Libya for alleged drug trafficking, infection charges
- BREAKING: Port Harcourt refinery begins operation
Reacting, Dare said, “200 trucks are expected to load products daily from the refinery, Renewing the Hopes of Nigeria.”
He added that “the Port Harcourt refinery has two wings.
“The Old Refinery comes on stream today with an installed production capacity of 60, 000 barrels per day of crude oil.”
PH refinery: 200 trucks will load petroleum products daily, says Presidency
Business
Breaking: CBN increases interest rate to 27.50%
Breaking: CBN increases interest rate to 27.50%
The Central Bank of Nigeria (CBN) has raised the lending interest to 27.50 per cent from 27.25 per cent.
This latest increase in the Monetary Policy Rate came after a meeting of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Monday and concluded Tuesday.
The Monetary Policy Rate measures the benchmark interest rate.
The CBN Governor, Yemi Cardoso, announced this in Abuja on Tuesday after the MPC meeting, last for the year, held at the apex bank’s headquarters.
He said the MPC voted unanimously to raise the MPR by 25 basis points from 27.25% to 27.50%; and retain the Cash Reserve Ratio (CRR) at 50% for Deposit Money Banks and 16% for Merchant Banks.
The CBN governor also said the MPC retained the Liquidity Ratio (LR) at 30% and Asymmetric Corridor at +500/-100 basis points around the MPR.
Business
Nigeria’s unemployment rate dropped to 4.3% in Q2 – NBS
Nigeria’s unemployment rate dropped to 4.3% in Q2 – NBS
Nigeria’s unemployment rate stood at 4.3 per cent in the second quarter of 2024, the National Bureau of Statistics (NBS) has said in its latest report.
The report released on Monday said the unemployment rate decreased compared to the 5.3 per cent recorded in the Q1 of 2024.
The NBS defined the unemployment rate as the share of the labour force (the combination of unemployed and employed people) who are not employed but actively searching and are available for work.
“The unemployment rate for Q2 2024 was 4.3%, showing an increase of 0.1 percentage point compared to the same period last year,” the report stated.
“The unemployment rate among males was 3.4% and 5.1% among females.
“By place of residence, the unemployment rate was 5.2% in urban areas and 2.8% in rural areas. Youth unemployment rate was 6.5% in Q2 2024, showing a decrease from 8.4% in Q1 2024.”
Report also said the unemployment rate among persons with post-secondary education was 4.8 per cent; 8.5 per cent among those with upper secondary education, 5.8 per cent for those with lower secondary education, and 2.8 per cent among those with primary education in Q2 2024.
Employment rate – 76%
The report showed that the employment-to-population ratio, which measures the number of employed workers against the total working-age population, increased to 76.1 per cent in Q2 2024.
“In Q2 2024, 76.1% of Nigeria’s working-age population was employed, up from 73.1% in Q1 2024,” the report stated.
Self-employment – 85.6%
The report further showed that Nigeria’s labour market saw a notable shift as the proportion of self-employed individuals increased in Q2 2024.
It stated, “The proportion of persons in self-employment in Q2 2024 was 85.6%.”
-
metro16 hours agoBREAKING: Port Harcourt refinery begins operation
-
Business2 days agoJust in: Dangote refinery reduces petrol price for marketers
-
metro1 day ago40-foot container falls on car in Lagos
-
Politics3 days ago2027: Lagos Speaker, Obasa joins gov race, may battle Seyi Tinubu, others
-
Politics1 day agoLagos 2027: Seyi Tinubu campaign team releases his life documentary
-
International1 day agoTrump to sack 15,000 transgender officers from U.S. military: Report
-
Entertainment1 day agoPolygamy best form of marriage for Africa – Okey Bakassi
-
metro1 day agoPolicewoman dismissed in Edo threatens to kill children, commit suicide