Busola AroHere are the seven top business news you need to track this week — January 2 to January 6.President Muhammadu Buhari is expected sign the 2023 appropriation bill into law on Tuesday, January 3, 2023.
The lawmaker said the notice given by the CBN is too short, considering the limited number of banks in Borno and Yobe, and the inability of people in these states to lodge the old notes in time to meet the deadline.The Lagos state government recently announced CCECC-CRCCIG Consortium as the preferred bidder for the construction of the Fourth Mainland Bridge project.
“I am glad to say that through our concerted effort we are able to settle the dispute by paying some money and the company is now ready for concessioning to competent private investors that will operationalise it for the people of Kogi state and Nigerians at large,” he said.The World Bank says a total of 685 million people could be living in extreme poverty by the end of 2022.
NPDC, which operates the OML 11, is a subsidiary of the Nigerian National Petroleum Company Limited.