Category: News
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30,000 Applicants Successfully Applied For Students Loan
The Nigerian Education Loan Fund, NELFUND said it has received over 60,000 applications from students of federal government institutions since it launched the students loan application portal. However, NELFUND revealed that 30,000 applications have been successfully processed. NELFUND also said so far, 90 percent of federal universities have submitted their students’ data to its dashboard,…
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Naira Appreciates at Parallel Market Against U.S. Dollar
The Naira yesterday appreciated in the parallel market to N1,375 per dollar from N1,500 per dollar on Tuesday. But the Naira was depreciated to N1,339.33 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,329.65 per dollar from N1,173.88 per dollar…
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LG Autonomy: Supreme Court Sends Message to 36 State Governors
Punch Newspaper The Supreme Court on Thursday, gave the 36 state governors of the federation, seven days, to file their defense in the suit brought against them by the Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi (SAN). The apex court issued the AGF, two days to file his reply upon receipt of…
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Troops Arrest Notorious Bandits, Baleri in Niger
In a significant breakthrough, troops from Niger Republic’s Operation Faraoutar Bushiya apprehended the leader of a notorious bandit group, Baleri, on Tuesday, May 28. The arrest occurred at Rouga Kowa Gwani in the Guidan Roumdji commune and department. PRNigeria reports that Baleri, originally from Shinkafi, who escaped from Nigeria, had been terrorizing Zamfara and Maradi…
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Six things to know about new National Anthem “Nigeria, We Hail Thee”
President Bola Ahmed Tinubu on Wednesday, May 29, signed the National Anthem Bill 2024 into law. The bill seeks to reinstate the old anthem, “Nigeria, We Hail Thee.” A final assent to the passage of the bill will bring about a shift from the now-recognised, “Arise O Compatriots.” Here are things to know about the…
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FG Plans Fresh Cash Transfer Scheme for 75 Million Nigerians
The Federal Government on Tuesday said it had reinstated the suspended social investment programme, disclosing the scheme would provide direct payments to 75 million Nigerians in 50 million households to reduce the suffering of citizens, especially vulnerable groups. It stated that the cash transfer programme was overhauled to tackle fraud. The Minister of Finance and…
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Court Issues Fresh Orders in Emir Sanusi’s Favour
A Kano High Court presided by Justice Amina Aliyu has issued fresh order restraining the police, the State Security Service, SSS and Nigerian military from evicting the reinstated Emir of Kano Muhammadu Sanusi II from the Emir’s Palace. The case was filed by the emir alongside the four kingmakers of Kano: Madakin Kano Yusuf Nabahani;…
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Naira Gains at Official Market Against U.S. Dollar
The naira appreciated to 1,339.33/$ at the close of trading on the official window on Monday, gaining 9.68 per cent over Friday’s 1,482.81/$. According to FMDQ data, which houses the Nigerian Autonomous Foreign Exchange Market, the daily turnover dropped to $180.80m from $556.25m on Friday, indicating a 67.50 per cent decline. At the official market,…
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Fee Hike: UI Goes Though on Protesting Students, Threatens Suspension
Punch Newspaper The management of the University of Ibadan, Oyo State, has queried two students over their involvement in a recent fee hike protest on the campus The duo include a student in the Department of Institute of African Studies, Olamide Iyanuoluwa, and Aduwo Ayodele, who is a 200-level student in the Department of History.…
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Gunfire heard Around Kano Emir’s Palace
Premium Times Gunfire was on Monday night reported around the mini palace where the deposed Emir of Kano, Aminu Ado Bayero, is staying in Nasarawa GRA of the state capital. The palace is located about 300 metres to the Kano Government House where movement of vehicles is restricted to one portion of the road leading…