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Evening News Brief From TheMatrix, TUESDAY, MARCH 25, 2025

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Good Evening. Here is today’s News Brief fromThe Matrix:

1. Nigeria, OECD Partner To Curb Illicit Financial Flows, Strengthen Economic Framework

The Ministry of Finance has announced a strategic collaboration with the Organisation for Economic Co-operation and Development (OECD) to curb illicit financial flows and strengthen Nigeria’s economic framework.

2. Sambo Dasuki Re-Arraigned Over Alleged N33.2 Billion Fraud

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A former National Security Adviser, Col. Sambo Dasuki (retd.), and three others were re-arraigned on Tuesday before a Federal Capital Territory High Court in Abuja over an alleged N33.2 billion fraud.

3. Senate Confirms Prof. Melvin Ayogu As CBN Board Member

The Senate has confirmed the appointment of Professor Melvin D. Ayogu as a member of the Central Bank of Nigeria (CBN) Board of Directors.

Ayogu, a renowned economist and professor at the University of Cape Town, hails from Enugu State. 

4. Rivers State Head Of Service Resigns Amid Political Upheaval

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Rivers State Head of Service, Dr. George Nwaeke, has stepped down from his position amid the state’s ongoing political turmoil.

His resignation was confirmed on Tuesday in a statement signed by the Chief of Staff to the Rivers State Sole Administrator, Retired Vice Admiral Ibok-Ete Ekwe Ibas.

5. Federal Government To Pay Backlog Of NYSC N77,000 Allowance

The federal government has assured members of the National Youth Service Corps (NYSC) that it will pay the backlog of the newly approved N77,000 monthly allowance after months of delay.

The allowance was increased from N33,000 to N77,000 in September 2024, but implementation has been stalled despite repeated government assurances. 

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6. CrediCorp, Autocheck Hand Over Cars To Beneficiaries In Abuja

CREDICORP, in collaboration with Autochek, has initiated a nationwide rollout of its second auto financing programme and delivered cars to a new wave of beneficiaries at a handover event in Abuja.

7. Samsung Electronics Co-CEO Han Jong-Hee Passes Away At 63

Samsung Electronics co-CEO Han Jong-Hee has passed away at the age of 63 due to cardiac arrest, a spokesperson for the South Korean tech giant confirmed on Tuesday.

8. Investors Gain N26bn As Equities Market Sustains Gaining Momentum

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The equities market sustained its gaining momentum on Tuesday, March 24, 2025, as investors recorded a profit of N26 billion on the trading floor of the Nigerian Exchange Group (NGX).

9. Fidelity Bank Prepares Entrepreneurs For Global Trade Success With Export Management Programme

One of Nigeria’s leading financial institutions, Fidelity Bank Plc, through the capacity development training tagged Export Management Programme trained entrepreneurs on exploring global trade opportunities to scale and acquire relevant expertise.

10. NIMASA DG Reiterates Support To Marine, Blue Economy Ministry To Ensure Port Security

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dayo Mobereola has reiterated the commitment of the agency in sustaining the improved compliance levels at the nation’s ports while noting the effect this has on how Nigeria is perceived internationally.

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