Month: August 2023
-
Police Arrest Traditional Priest For Obstructing Demolition Exercise
A demolition exercise being conducted by the government in the Nima district of Ghana was interrupted when local youths summoned a fetish priest to intervene. The priest, adorned in traditional regalia, attempted to halt the operation by pouring fetish liquid on a caterpillar bulldozer involved in the demolition. However, the intervention took an unexpected twist…
-
Just In: CBN introduces FX price verification system portal
The Central Bank of Nigeria (CBN) has introduced a foreign exchange (FX) price verification system (PVS) portal to enable importers to access forex. The CBN, in a statement on Thursday night, said a price verification report from the portal is now mandatory for all Form M requests, effective from August 31, 2023. The Form ‘M’…
-
Just: FG announces N5bn palliative for each state to address impact of subsidy removal
The federal government has announced a N5 billion palliative for each state of the federation, including the federal capital territory (FCT), to cushion the impact of the removal of the petrol subsidy. Babagana Zulum, governor of Borno state, made the announcement in Abuja on Thursday when he spoke to State House correspondents at the end…
-
Married Evangelist Dies In Abia Hotel After Marathon Sex With Bishop
The Eastern Ngwa Police Station in Obingwa Local Government has arrested the General Overseer of Agape Evangelical Ministeries (City of Miracles)Located in Obikabia Junction Aba , Abia State after a married female Evangelist and mother of five identified as “Evangelist Happiness”who lodged with him at Jubilee Guest House Ovom, Ogborhill was found dead in the…
-
Namibia, Egypt, Others Rank Best in Good Roads, as Nigeria Ranks Worst (Full List)
Nigeria, popularly referred to as giant of Africa, is not among the top 30 nations in the continent with good roads. This is despite a whooping budget of N2,091.62trillion on roads in the 13-year period covered by the survey. The Global Economy ranked Nigeria as the 31st country with the ‘nicest and enjoyable’ good roads…
-
UNILAG Defies President Tinubu, NANS, Further Raises Already Increased Fees
Despite the directive issued by President Bola Ahmed Tinubu to Federal-owned universities to impose no increment on school fees on students, the University of Lagos (UNILAG) has slammed new charges on its earlier increments that students kicked against and the police prevented them from staging a public protest over the skyrocketed fees . The school…
-
Strikes: Battle shifts to Nigeria’s new education minister, Tahir Mamman
Punch Newspaper The incumbent Vice-Chancellor of Baze University, Professor Tahir Mamman was on Wednesday night unveiled as the new Minister of Education, The PUNCH reports. Mamman who served as the Director-General of the Nigeria Law School from 2005 to 2013 will take over the mantle of leadership of one of Nigeria’s strongest ministries. Mamman who…
-
President Tinubu Assigns Portfolios To Ministers (Full List of Portfolios)
President Bola Tinubu has appointed former Rivers State Governor Nyesom Wike as Minister of the Federal Capital Territory (FCT) and Festus Keyamo, Aviation Minister. Ajuri Ngelale, Presidential spokesman, confirmed the portfolios at Aso Rock on Wednesday. Below are the ministers and portfolios: MINISTER OF COMMUNICATIONS, INNOVATION AND DIGITAL ECONOMYBOSUN TUANI MINISTER OF STATE, ENVIRONMENT AND…
-
Just In:FG Makes Strategic Move To Strengthen Naira Against Dollar
The Nation Newspaper The Naira on Wednesday got some relief as the Nigerian National Petroleum Company Limited (NNPCL) signed a commitment letter and term sheet with the Afrexim Bank for an emergency $3bn crude oil repayment loan. According to a very brief statement from the NNPCL, the signing was conducted in the bank’s headquarters in…
-
After Tinubu, CBN governor’s meeting, dollar crashes at parallel market
Daily Trust The dollar has crashed to between N805 to N790 at the parallel exchange market on Tuesday Daily Trust can authoritatively report. It started a steady decline from N925 to N930 that it was exchanged in the morning till around 4:00 pm when news about a possible Central Bank of Nigeria (CBN) intervention filtered…