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Naira Defies CBN’s Interventions, Regresses To 1,510/$
The depreciation of the naira continued over the weekend as the currency traded at N1,510 to a dollar at the parallel market…
SIM-NIN linkage: Airtel bars 5.7 million lines as NCC extends deadline
Airtel Nigeria, the country’s second-biggest telecom operator, stated that about 5.7 million of its subscribers had yet to link their SIM cards to their National Identification Numbers, as required by the…
Binance CEO alleges SEC ignored several registration attempts
The Chief Executive Officer of Binance, Richard Teng, said the Securities and Exchange Commission did not respond to several attempts by the cryptocurrency exchange on licensing processes and regulatory…
Secondus tackles Wike, accuses ex-gov of working against Rivers
Former National Chairman of the Peoples Democratic Party, Prince Uche Secondus, has accused the Minister of the Federal Capital Territory, Nyesom Wike, of being the mastermind of the current charged political atmosphere in…
BREAKING: Tinubu orders suspension of cybersecurity levy
President Bola Tinubu has asked the Central Bank of Nigeria to suspend the implementation of the controversial cybersecurity levy policy and ordered a…
We are now in full control of Rivers – PDP
Governor Siminalayi Fubara and the Peoples Democratic Party (PDP) are now in full control of Rivers State, the PDP has claimed. In a statement by PDP’s National Publicity Secretary, Debo Ologunagba in Abuja during…
Dollar-for-visa: Minister asks embassies to comply with EFCC’s directive
Commission says some missions use N1,900 to dollar exchange rate Demands banks’ response to enquiries within 24 hours Foreign Affairs Minister Yusuf Tuggar has…
Nigeria no longer safe haven for cryptocurrency traders
With the latest clampdown on the operations of cryptocurrency operators by the different financial regulators and law enforcement agencies, patrons of the now infamous trade, especially within the country are living in…
Why MultiChoice needs deliverance
If, as proposed by the Presidential Committee on Fiscal Policy and Tax Reforms during the week, the current Value Added Tax (VAT) rate is increased to 10 per cent from the current 7.5 per cent, it is certain that…
Lagos appoints Oladimeji as LASURA GM
Lagos State Government has appointed Tpl. Esv Animashaun Oladimeji as the new General Manager of Lagos State Urban Renewal Agency (LASURA), the appointment takes effect from Monday 6th May, 2024. Before the recent…
2027: It’s unjust Ogun West hasn’t produced governor — Yayi
Senator representing Ogun West Senatorial District in the National Assembly, Sen. Solomon Adeola (Yayi), says it is unjust that the district has not produced a governor since the creation of the state in 1976. Adeola,…
World Bank may approve $2.25 billion loans to Nigeria on June 13, 2024
The World Bank may approve loans to Nigeria totaling $2.25 billion across two major projects on June 13, 2024. According to official documents obtained by Nairametrics, the funds will be distributed between two projects…
Court orders ExxonMobil to pay $725.5 million in leukemia case involving mechanic
A Pennsylvania jury in the United States of America has ruled that ExxonMobil must pay $725.5 million to an ex-mechanic who alleged his cancer was caused by toxic chemicals in the company’s gasoline and solvents, as stated…
Rampant Man City Sink Fulham, Inch Closer To Fourth League Title In A Row
Manchester City swept to the top of the Premier League as Josko Gvardiol’s double inspired a vital 4-0 victory against Fulham on Saturday. Pep Guardiola’s side are two wins away from lifting an unprecedented fourth…
Why Tinubu can’t be blamed for El-Rufai not being minister – Bagudu
The Minister of Budget and Economic Planning, Atiku Bagudu, has said President Bola Tinubu should not be blamed for the National Assembly’s failure to confirm Nasir El-Rufai as a federal minister. Mr Bagudu said…
Rivers Assembly lawmakers report Fubara to IGP, DSS
The lawmakers at the Rivers State House of Assembly said that they have reported Governor Sim Fubara to the Inspector General of Police, IGP Kayode Egbetokun and the Department of State Services (DSS). Fubara had made a…
PHOTOS: Wale Edun visits CNG bus assembly plant, says rollout will reduce inflation
Wale Edun, minister of finance, says Nigerians will soon start reaping the benefits of the compressed natural gas (CNG) buses. In a statement, Temitope Ajayi, senior special adviser on publicity to President Bola Tinubu,…
EFCC accuses Banks and POS operators of colluding to limit ATM cash availability
The Economic and Financial Crimes Commission (EFCC) has accused banks of colluding with Point-of-Sale(POS) operators to limit cash availability at Automated Teller Machines(ATM). According to the EFCC, it amounts to…
Thieves steal car with three-year-old boy inside
A man, Taiwo Fayobi, has sought police intervention after hoodlums stole his Toyota Camry car with his son in it in the Ikenne area of Ogun State.…
I was unconscious for seven hours, neglected by Jos hospital over N80,000 deposit – Ex-minister…
A former sports minister, Solomon Dalung, said he was abandoned for about four hours due to “nonpayment of admission deposits” at the Rayfield Medical Services, in Jos, the Plateau State capital. Dalung, who stated this…
FG’s plan to issue domestic dollar bond may pressure naira – IMF
The International Monetary Fund (IMF) has expressed concerns over the Nigerian government’s strategy to issue domestic dollar-denominated bonds, according to the recently published IMF staff country report for Nigeria.…
Flights Diverted As Another Aircraft Skids Off Runway At Lagos Airport
An aircraft belonging to Xejet Airlines on Saturday skidded off the runway at the Murtala Muhammad International Airport, Lagos. The incident happened after landing at Runway 18L when it skidded off the Runway into the…
Army Spits Fire As Soldiers Detained Over Protest Break Guard Room
Authorities of the Nigerian Army have launched a probe into how some soldiers kept in guard rooms (detention) for various offences broke the facility located at the 8 Division Garrison, Sokoto. It also said it would…
Lagos begins 5-month road repair on Ikoyi axis Monday
The Lagos State government has announced that it will begin road repair on Ikoyi axis starting Monday, May 13. The state government, through Oluwaseun Osiyemi, the commissioner for transportation, on Friday said the repair…