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Tinubu disagrees with EIU’s prediction of a return to CBN-controlled FX market
Nigeria’s President, Bola Tinubu, has expressed disagreement with the Economic Intelligence Unit’s (EIU) prediction of a return to a managed control exchange rate system. The analytical firm predicted on Friday a…
FX pressure piles as dealers bid at ₦900/$
Foreign exchange pressure in Nigeria has piled up as some dealers have quoted a bid price of N900 per dollar. The Economist Intelligence Unit (EIU) has predicted that the naira will cross 1,000/$ by 2027. The…
Gunfire heard in centre of Burkina capital Ouagadougou
Bursts of gunfire were heard early Tuesday in the centre of the Burkina Faso capital Ouagadougou near an airbase, an AFP…
Despite high tariffs, Customs revenue declines 7.1% as import volume drops
Despite increasing the tariffs paid on imports by over 82.3 percent due to the adjustments in the exchange rate for calculating import duties, the Nigeria Customs Service (NCS) has collected about 7.1 percent less…
Abia student helps woman deliver baby in commercial vehicle
A female Abia State College of Health Sciences and Management Technology student has been praised online for playing the role of a midwife and assisting a pregnant woman in delivering a baby in a commercial car.…
N14.2m monthly pay not enough for senators – Akpabio
Senate president Godswill Akpabio has declared that the salaries of members of the National Assembly are not enough to take care of demands and projects from their constituents. Politics Nigeria recalls that…
Kano Defends Sanusi II’s Picture In Coronation Hall
The Kano State Government has defended the emergence of the picture of the 14th Emir of Kano, Muhammadu Sanusi II, in the Coronation Hall at the state’s government house. Daily Trust reports that the emergence of…
‘How did you get into varsity with 2 credits?’ — senator grills ministerial nominee
Allwell Onyesoh, the senator representing Rivers east, on Monday, questioned Bello Muhammad, a ministerial nominee over his academic certificates. The senators during the special plenary session screened the…
Veteran Yoruba Actor Musiliu Ajikanle Is Dead
Nollywood has again been thrown into mourning as reports have confirmed the death of veteran Yoruba actor Musiliu…
Al Hilal bid £120.3m for Napoli’s Osimhen | Striker offered £1m per week
Al Hilal have made an offer worth €140m (£120.3m) to Napoli for striker Victor Osimhen, with wages on offer in the region of…
Advise NLC against planned strike, it’s violation of court order – FG tells Falana
The federal government has insisted that the planned strike by the Nigeria Labour Congress (NLC) against the removal of the petrol subsidy and the high cost of living in the country is a violation of an existing…
Labour Strike: Aviation, Railway Unions Direct members to join Wednesday strike
Three leading unions in the Nigerian aviation industry and Nigerian railways have directed their members to join the planned Nigeria Labour Congress (NLC), starting from Wednesday, August 2, 2023. The unions vowed not…
“Your salary review is coming” – Tinubu tells Nigerian Workers
In a nationally televised address on Monday, President Bola Ahmed Tinubu assured Nigerian workers that a long-awaited salary review is on the horizon, signaling his commitment to improving the welfare and living…
CBN excludes mortgage and micro-finance banks from cash withdrawal limits
The Central Bank of Nigeria (CBN) on Monday removed primary mortgage banks and microfinance banks from its cash withdrawal limit policy. The apex bank made this known in a circular signed by the bank’s Director,…
FG removes restriction on students loans
President Bola Tinubu has approved provision of buses to the students’ bodies of all universities, polytechnics and colleges of…
Shelve nationwide strike action in Nigeria’s interest, Rep begs NLC
Adegboyega Adefarati, the chairman, House committee on labour, employment and productivity has appealed to the Nigeria Labour Congress (NLC) to shelve its proposed nationwide strike billed for Wednesday. He made the…
Mali, Burkina Faso vow to defend Niger from ECOWAS invasion, expect Russian support
Mali and Burkina have threatened to withdraw their ECOWAS membership and rise up in support of Niger’s military government should the West African bloc invade the country. The two countries where soldiers had recently…
I Found Out My Third Marriage Ended Online — Stella Damasus
Iconic Nollywood actress, Stella Damasus, has revealed that she was aware her third marriage had crashed via YouTube. The actress during a chat with her colleague in the entertainment industry, Tejubabyface, explained…
Elections: There shouldn’t be reward for bad behaviour, says INEC chair Yakubu
The Independent National Electoral Commission (INEC) says there should not be rewards for bad behaviour in elections amid concerns of violence and intolerance ahead of the Bayelsa, Imo and Kogi governorship polls. The…
Niger junta arrests top politicians, Germany withdraws aid
Coup leaders in Niger Republic on Monday arrested ministers and senior members of the party of the deposed President Mohamed Bazoum. According to Reuters, the Nigerien Party for Democracy and Socialism said junta…
Tinubu decorates new service chiefs, charges them on teamwork
President Bola Tinubu on Monday in Abuja decorated the newly appointed Service Chiefs with their new ranks at the Council Chambers of the Presidential…
Act Fast To Save Millions From Starvation – Northern Elders Tell Tinubu
The Northern Elders Forum (NEF) has urged President Bola Ahmed Tinubu to act fast to save millions of Nigerians from starvation and hardship. In a statement yesterday by its director of publicity and advocacy, Dr Hakeem Baba-Ahmed, NEF…
I left office a hero, Tinubu will not regret appointing me as minister– Wike
Nyesom Wike, former governor of Rivers state, says President Bola Tinubu will not regret nominating him for a ministerial position. Wike spoke during the screening of ministerial nominees at the national assembly on Monday. Last week,…
Subsidy removal: Sanwo-Olu slashes transportation fare by 50 percent
To mitigate the effects of the fuel subsidy removal, the Lagos State Government has reduced the fares of all state-owned transportation systems by 50 percent. The…