Year: 2023
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Troops Rescue Two Abducted Corps Members
Troops of the Nigerian Army (NA) have rescued two corps members abducted by bandits in Yargoje community, Kankara LGA of Katsina state. In a statement on Friday, Onyema Nwachukwu, army spokesperson, said the corps members were abducted while travelling from Edo to Katsina where they had been posted. Nwachukwu said the rescue operation was conducted…
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OAU Vice Chancellor Sends Message To Victims of EFCC’s Raid
The Vice Chancellor of the Obafemi Awolowo University (OAU), Ile-Ife, Professor Adebayo Simeon Bamire, on Thursday, charged students who were victims of the raid of EFCC on Wednesday to put the experience behind them and move on with their lives. The Vice-Chancellor who made the charge in a statement by the institution spokesperson, Mr. Biodun…
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CBN Begins Clearing of Foreign Exchange Forward Backlog
The Cable News Central Bank of Nigeria (CBN) has started clearing the foreign exchange (FX) forwards backlog in banks. Payment commenced on Wednesday, a source in the apex bank told TheCable while confirming the development. On September 22, Wale Edun, the finance minister and coordinating minister of the economy, said the overdue forward payments were…
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Funds Budgeted For Presidential Yacht Transferred To Students Loan – Lawmaker
Chairman of the house of representatives committee on appropriations, Abubakar Bichi says the budget for the presidential yacht has been transferred to student loans. Bichi spoke on Thursday while briefing journalists after the passage of the supplementary budget. “As far as we are concerned we don’t have that presidential yacht anymore. We have increased the…
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OAU Management Finally Reacts To ‘Arrest’ of Students by EFCC
The management of Obafemi Awolowo University, Ile-Ife, Osun State through its Public Relations Officer, Dr. Abiodun Olanrewaju in a telephone conversation with Association of Campus Journalist, ACJ-OAU’s Correspondent, disclosed the need for the University’s management to know the outcome of the incident before any official statement is issued to the public. He further made known…
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Minister Receives Education Roadmap To Address Problems Facing Sector
The Federal Government through the Minister of Education, Prof Tahir Mamman, has received the Education Roadmap to address the problems in the sector and pledged to ensure that basic, secondary and tertiary education certificates are valued. The minister, who stated this while receiving the report on the Education Roadmap by the Committee members in Abuja,…
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58 Out of 69 OAU Students Arrested by EFCC Regains Freedom
Punch Newspaper The Economic Financial Crimes Commission has released 58 out of 69 students of Obafemi Awolowo University, Ile-Ife, Osun State, arrested earlier on Wednesday. The PUNCH earlier reported that the commission arrested no fewer than 70 students of the university.They were reportedly arrested by officials of the EFCC in a midnight raid on hostels…
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FBI Rejects Release of Documents Relating to President Tinubu
The United States’ Federal Bureau of Investigation (FBI) has said it will not making public any documents or information relating to President Bola Tinubu. The FBI stated its position on the issue in a response filed in a suit filed before the United States District Court of the District of Columbia by one Aaron Greenspan,…
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Naira Appreciates at Parallel Market, as ‘Forex Scarcity Wanes’
The Cable News The naira, on Monday, appreciated further at the parallel section of the market to N1,150 a dollar. This represents an appreciation of N80 or 6.5 percent compared to the N1,230 it traded last Friday. Speaking to TheCable in Lagos, currency traders, also known as Bureaux De Change operators (BDCs), said the scarcity…
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Supreme Court Judgement:PDP Presidential Candidate, Atiku Speaks
The candidate of the Peoples Democratic Party (PDP) in the February 25, 2023 presidential election, Atiku Abubakar, says he will not leave the political arena despite the Supreme Court verdict of October 26, 2023 that affirmed the electoral victory of President Bola Tinubu. “As for me and my party, this phase of work is done.…