CBN Governor, Dr Olayemi Cardoso The Central Bank of Nigeria, acting on behalf of the Federal Government, has once again adjusted the exchange rate for cargo clearance to N1,605/$. This latest change follows recent fluctuations, with the rate initially rising to N1515/$, then dropping to N1,472/$, and subsequently increasing to …
Read More »We’ve paid ASUU withheld salaries – FG
The Federal Government on Wednesday said it has paid in full the four months withheld salaries to the Academic Staff Union of Universities, ASUU as approved by President Bola Tinubu. It also said that it has made substantial financial commitments in the provision of CNG buses and that the buses will be …
Read More »Police release LP’s chairman, Abure, on bail
Julius Abure Arrested The Nigeria Police Force Zone 5 has released the National Chairman of the Labour Party (LP), Julius Abure. Abure and others were released on bail on Thursday around 2am, a spokesman for the police zone, Tijani Momoh, told Channels Television. Also, LP national spokesman, Obiora Ifoh, confirmed …
Read More »NASRE Advises FG On Food Crisis, Forex Shortage Amid Calls To Suspend Import Ban
As Nigeria finds itself at a critical crossroads, grappling with simultaneous challenges of a food crisis and a foreign exchange (forex) shortage. This is even as the nation seeks solutions to mitigate these pressing issues, the debate over whether to open its borders for importation has intensified. The food crisis …
Read More »ZION MINISTRY HOLDS PRAYER CRUSADE IN ABUJA FEBRUARY 24
The Zion Prayer Movement Outreach Ministry (ZPMOM) has announced its plan to hold a prayer crusade in the Federal Capital Territory, Abuja, on Saturday, February 24, 2024. Evangelist Chukwuebuka Anozie Obi, the Spiritual Director of the ministry, announced this at the Sunday Fellowship programme held at Zion ground, Onyebuchi Estate, …
Read More »ABCON Set To Automate Forex Trade With Customers, Says Nationwide Raid On BDCs Targeted At Speculators
The Association of Bureau De Change Operators of Nigeria (ABCON) said that the nationwide raid on Bureau de Change traders by security and anti-graft agencies is not targeted at its members. The President of ABCON, Mr. Aminu Gwadabe, said this after another raid was conducted on Wednesday in Abuja, Kano, …
Read More »Why we arrested LP national chairman, Abure – Police
Julius Abure Arrested Nigeria Police Force says Labour Party’s National Chairman, Julius Abure, was arrested for attempted murder, illegal possession of firearms, and related offences. It was reported that the spokesperson for the Nigeria Police Force Zone 5, Tijani Momoh, said Abure was arrested on Wednesday afternoon in Benin City, the …
Read More »Gowon to Nigerians, it’s too early for Tinubu to resolve all inherited crises
Gowon and Tinubu Retired Gen. Yakubu Gowon has urged Nigerians to give more time to the President Bola Tinubu-led administration, toward resolving the various challenges confronting the country. He added that it was too early in the life of the administration to begin to resolve all the inherited crisis in …
Read More »Tinubu appoints new Executive Director at NEXIM
President Bola Tinubu President Bola Tinubu has approved the appointment of Ibrahim Khalil Gaga as Executive Director, Corporate Services, at the Nigerian Export-Import Bank (NEXIM). This is contained in a statement issued by the Special Adviser to the President on Media and Publicity, Ajuri Ngelale on Wednesday. He said Gaga, …
Read More »Police arrest Labour Party chairman, Julius Abure
Operatives of the Edo State Police Command have arrested the embattled National Chairman of the Labour Party (LP), Julius Abure. Abure was arrested on Wednesday in Benin City, the Edo State capital, on allegations of premeditated attempted murder, amongst other alleged infractions. The Labour Party chairman’s arrest followed a …
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