Forex •Importers abandon full coverage, go for clause ‘C’ insurance There are indications that the perennial crises in the Nigeria’s foreign exchange market have negatively impacted the projected growth in marine and shipping insurance business. Recent data has shown that the growth rate is far below what the industry operators …

Imo State Governor, Hope Uzodimma The governorship candidate of the Action Democratic Party, Dr. Kachi Nwoga, has knocked the Imo State Advertisement and Signage Agency for demanding N54 million from political parties planning to erect campaign billboards ahead of the November 11 election. While sarcastically calling on Imo Governor, Hope …

ASUU President, Prof. Emmanuel Osodeke The National President, Academic Staff Union of Universities (ASUU), Prof. Emmanuel Osodeke and some students have said the recent hike in fees by federal government owned universities may lead to withdrawal of indigent students. Osodeke spoke against the backdrop of the recent hike in fess …

Badmus and Okoye A TikTok user, Ego Okoye, who was arrested for making defamatory statements against actress Eniola Badmus, has said she defamed the actress because a friend, Fortune Ibe, promised to pay her N200,000. Seen in a video clip apologising for her actions, Okoye said she needed the money …

Medical and Dental Council of Nigeria (MDCN) A total of 529 foreign-trained medical and dental graduates failed the assessment examination conducted by the Medical and Dental Council of Nigeria. This is according to the examination report obtained from the MDCN on Sunday. The two-day assessment examination was conducted on Wednesday, …

Senate President, Godswill Akpabio With five days to the end of the 60-day constitutional window, the Senate is expected to receive the list of the President’s ministerial nominees this week. The President’s Senior Special Assistant on Media and Publicity, Tope Ajayi, in an interview said, “Ministers’ List will be out …

Central Bank of Nigeria building Real estate and construction firms in the country were able to secure loans totaling N21.89tn in four years, findings by The PUNCH have shown. The sector also contributed N93.14tn to Nigeria’s Gross Domestic Product during the period, according to an analysis of the GDP report …

Nigerian singer, Davido Nigerian Afrobeats star, Davido, whose real name is David Adeleke, has deleted a controversial music video after criticisms from the Muslim community. This comes two days after the singer posted the music video of his new DMW music signee, Olamilekan Taiwo, known as Logos Olori, on social …

Popular Nigerian skit maker Sydney Egere best known as Sydney Talker has taken to social media to appreciate Guinness World Record holder Holda Baci for agreeing to work with him on a project that has garnered major traction across top social media platforms. The comedian in his appreciation post on …

BDC Operator Changing Naira For Dollar The current crash in the naira is raising doubts about the exclusion of Bureau De Change operators from the investors’ and Exporters’ foreign exchange window. As of the close of trade on Friday, the naira closed N777.8 at the I&E Window, While CBN weighted …