Month: June 2023
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Nigeria Air: EFCC Summons Hadi Sirika
ThisDay The Economic and Financial Crimes Commission (EFCC) has summoned the former Minister of Aviation, Hadi Sirika, to appear before the commission. The anti-graft agency had also questioned officials of the Nigerian Air over the recent launch of the airline in Abuja. THISDAY gathered that while the minister was due to appear before the commission…
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Currency floating: Private sector, economists back CBN as naira falls to 664/$
Punch Newspaper The Central Bank of Nigeria has directed Deposit Money Banks to remove the rate cap on the naira at the official Investors and Exporters’ Window of the foreign exchange market, to allow for a free float of the national currency against the dollar and other global currencies. This came barely two weeks after…
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Students’ Loan: FG To Introduce Tuition Fees In Varsities
The federal government is set to introduce tuition fees in federal universities, polytechnics and other tertiary institutions following the signing of the Student Loan Bill by President Bola Ahmed Tinubu, Daily Trust reports. The bill, which is now an act of parliament was signed on Monday, a development widely celebrated in many quarters without understanding…
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How Student Loan Will Send Undergraduates Out of School – ASUU President
The Academic Staff Union of Universities, ASUU said the Student Loan Bill, which President Bola Tinubu signed into law has the potential of sending many undergraduates out of school. ASUU President, Prof. Emmanuel Osodeke stated this while speaking with newsmen on Wednesday. Recall that, on Monday, the President signed the bill, describing the law as…
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Tinubu Suspends EFCC Chairman, Bawa (Full Report)
President Bola Tinubu has approved the indefinite suspension from office of the Chairman of the Economic and Financial Crimes Commission (EFCC), AbdulRasheed Bawa, to allow for proper investigation into his conduct while in office. According to a statement by the Director of Information at the Office of the Secretary to the Government of the Federation,…
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Tinubu wants to see recipients of student loan, Says FG Can’t Foot Varsities Bills
President Bola Tinubu has said he wants to see recipients of students’ loan by September/October 2023/2024 Academic Session, the Federal Education Ministry has disclosed. The president signed the student loan bill, which is now an act of parliament, at Aso Rock on Monday. Dele Alake, a member of the President’s strategic team, had said the…
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Naira – Dollar: CBN Reportedly Issues Fresh Directive To Banks
Daily Trust Barely five days after the suspension of Godwin Emefiele as Central Bank Governor, reports indicate that the Apex bank has given commercial banks and dealers in the forex market the green light to sell forex freely, at a market-determined rate. Sources also report trades are now going for as high as N750/$1. Multiple…
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JUST IN: Chef Dammy reaches 120 hours of marathon cooking
Punch Newspaper Ekiti State chef, Damilola Adeparusi, famously called Chef Dammy has finally reached the 120-hour landmark in the ongoing cook-a-thon. This is coming barely a few hours after record holder for the longest hours in cooking (individual category), Chef Hilda Baci, who cooked on a stretch for 100 hours, was certified by the Guinness…
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Yahoo Yahoo: After $3,800 ‘Cash-out’ , Gang Abduct 400-level Varsity Student
A misunderstanding emanating from the sharing of $3,800 obtained from a Yahoo transaction has led to the abduction of a 400-level Science Laboratory Technology student at Bauchi State University, Gadau (BASUG). A press release signed and made available to journalists by the Bauchi State Police Command Public Relations Officer, SP Ahmed Mohammed Wakil outlined the…
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JAMB Deputy Director Dragged To Court For Allegedly Threatening Registrar’s wife
Mr Yisa Usman, a Deputy Director with Joint Admissions and Matriculation Board (JAMB) was, on Tuesday, arraigned on allegations bordering on threatening Mrs Raheemat Oloyede on the phone with the intent to blackmail her husband, Prof. Ishaq, the board’s registrar. Usman was arraigned by the police on behalf of the Federal Government. on a five-count…