Category: Uncategorized
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How Naira Transformed From Worst Currency to Best-performing in Six Months – Cardoso
The Governor of the Central Bank of Nigeria, Mr Yemi Cardoso, shares his vision on how he intends to shape Nigeria’s monetary policy, address FX issues, and tackle inflation in an interview with the International Monetary Fund African Department Director, Abebe Selassie, at the IMF/World Bank Spring Meetings in Washington DC, United States of America,…
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Day 1:Mixed Reactions Trail 2024 UTME in Lagos
Hitches were reported at some centres in Lagos on Friday as the 2024 Unified Tertiary Matriculation Examination (UTME) began across the country. The News Agency of Nigeria reports that no fewer than 1.9 million candidates registered for the computer-based examination nationwide. NAN correspondents who monitored the first day of the examination in Lagos report that…
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Popular Northern Monarch Shot Dead in Palace
A renowned Northern traditional ruler, Alhaji Abdulmutalib Jankada, of Sansani chiefdom in Gassol local government area of Taraba state, is dead. He was shot dead by gunmen who invaded his palace on Thursday night. According to witnesses, the assailants who rode into Sansani town on motorcycles, sneaked into the palace to gun down their target.…
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Iran Clears Air Over Purported Isreali Attacks in Iranian Cities
No external aggression on Iran occurred after Friday midnight, Iranian sources informed on the matter told Al Mayadeen. Following circulating news on Western-based media outlets, regarding a supposed Israeli attack on Iran, sources told Al Mayadeen that such an event did not occur. Instead, Iranian air defenses repelled a relatively small drone attack in Tabriz…
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Naira Depreciates at Parallel Market Against U.S. Dollar
The Naira, Wednesday, depreciated to N1,105 per dollar in the parallel market, from N1,100 per dollar on Tuesday.But the Naira appreciated in the Nigerian Foreign Exchange Market, NAFEM, to N1,072.74 per dollar. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,072.74 per dollar from N1,148.14 per dollar on Tuesday, indicating…
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President Tinubu Gives Marching Order To Education Ministry Over NOUN Law Graduates
President Bola Ahmed Tinubu has given a marching order to the Ministry of Education to accommodate graduates of the National Open University, NOUN in the National Youth Service Corps scheme, NYSC . The President also resolved the longstanding admittance of NOUN Law graduates to participate in Law School in the country for equal opportunities. Tinubu…
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APC Reacts To Kano Court Verdict on Ganduje’s Suspension
The National Working Committee, NWC, of the ruling All Progressives Congress, APC has reacted to the order of a Kano State High Court which affirmed the suspension of its National Chairman, Dr Abdullahi Ganduje, describing it as a nullity. The development came on Wednesday as Ganduje received the APC Ward Executives from his Ganduje Ward…
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Just In: Former Kwara Lawmaker Dies at 58
Former lawmaker, Senator Rafiu Ibrahim, who represented Kwara south in the senate from 2015 to 2019, is dead. Ibrahim died on Wednesday morning, aged 58, after a brief illness. He was chairman of the senate committee on banking, insurance and other financial institutions in the 8th national assembly, and lost his bid to retain the…
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Students Loan: 1.2 Million Undergraduates From Varsities, Polytechnics, Colleges To Make First Batch Beneficiaries
The Nation Newspaper No fewer than 1.2 million young Nigerians will be in the first batch of those to benefit from the Student Loan Scheme of the Bola Ahmed Tinubu Administration. The process of participating in the programme, whose enabling law was signed by President Tinubu on April 3, will commence “anytime soon”, according to…
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Two Nigerian Soldiers Arrested For Stealing Armoured Cables At Dangote Refinery
Two officers of the Nigerian Army have been arrested for vandalising and stealing armoured cables at the Dangote Refinery in Lagos. According to SaharaReporters, the suspects are identified as CPL Innocent Joseph and L/CPL Jacob Gani. Dangote Refinery owned by Dangote Group was inaugurated on the 22nd of May 2023 in the Ibeju-Lekki area of…