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Naira and Dollar The Naira faced further depreciation in value on Wednesday at the parallel market, reaching an all-time low of N1060/$1. The Nigerian currency closed at N848.12/$1 at official market Tuesday, against N778.80/$1 reported on Monday. Findings show that the Naira went down from N1,100 to USD1.0 mid-day in …

US President Joe Biden meets Prime Minister Benjamin Netanyahu in Israel United States President, Joe Biden, Wednesday, announced $100 million humanitarian assistance for Gaza and the West Bank, a Palestine exclave, in view of the unsavory developments associated with the ongoing war between the Israel Defense Forces (IDF) and Hamas …

Sanwo-Olu and others at the event Governor Babajide Sanwo-Olu, on Wednesday, laid the first foundation block for the development of the $100 million Lagos Film City, an ecosystem of creative cinematography, tourism, leisure, entertainment and learning. The project, being sited on 100-hectares in Ejinrin town in Epe Division, is a …

The National Union of Road Transport Workers (NURTW) has tongue-lashed the Tajudeen Baruwa leadership of the union, saying it failed to sustain the successes achieved in the past and the standards of operation of the union. Rising from its Central Working Committee (CWC) held in its headquarters in Abuja, NURTW, …

Senate Chief Whip, Ali Ndume, has provided insight into his decision to leave the Senate chamber during a plenary session on Tuesday. Ndume’s departure followed a clash with Senate President Godswill Akpabio during the session. He had attempted to draw the Senate’s attention to what he perceived as violations of …

He went on to curse citizens who campaigned assiduously for the Muslim-Muslim ticket as worthless hypocrites and money-mongers who chased dollars for pleasure and worldly purposes. Sheikh Ahmad Gumi has said it is dangerous to entrust Nigeria’s national security to the hands of Christians and Southerners. The cleric said Muslims …

Justice Nicholas Oweibo of the Federal High Court sitting in Lagos struck out the charge filed by Asset Management Corporation of Nigeria, (AMCON) against Senator Ifeanyi Patrick Uba and his company, Capital Oil and Gas limited over alleged N135Billion indebtedness.   The judge struck out the suit following an oral …

The Speaker of the House of Representatives, Rt. Hon. Tajudeen Abbas, is demonstrating the 10th National Assembly’s commitment to peace and development across the globe, a member of the House and deputy chairman of the House Committee on Media and Publicity, Dr Philip Agbese, has said. The deputy House sokesman …

The Coalition of Northern Groups, CNG, Wednesday hailed President Bola Ahmed Tinubu over his recent appointments of Jalal Arabi, Ahmed Galadima Aminu and Musa Adamu Aliyu. You will recall that Tinubu had appointed Jalal Arabi as the Chairman of the National Hajj Commission of Nigeria, NAHCON, Ahmed Galadima Aminu as …

John Alechenu, Abuj The Senate has began the screening of President Bola Tinubu’s nominees for the positions of Chairman and Secretary of the Economic and Financial Crimes Commission, EFCC, Olu Olukayode and Mohammed Hamajoda, respectively. The decision to screen the duo today was part of decisions taken by the Senate …