News

The Naira experienced a slight decline at the official market on Wednesday, trading at N1,687.52 per dollar. This represents a depreciation of 0.51 per cent, with the currency losing N8.59 compared to Tuesday’s rate of N1,678.93 per dollar. Data from the FMDQ Exchange revealed the loss in value occurred alongside …

The Alara of Ara Kingdom in Osun State, His Royal Majesty, Oba (Dr.) Olubayo Adesola Windapo Oyelade-Abidogun 1st has praised the appointment of Dr. Abisoye Fagade on his well-deserved appointment as the Director-General of the National Institute for Hospitality and Tourism. Oba Windapo described the appointment as one of “round …

The Federal Competition and Consumer Protection Commission (FCCPC) on Monday warned of stringent sanctions if its metering directives to Ikeja and Eko electricity distribution companies (IKEDC and EKEDC) are flouted. The Commission also refuted reports suggesting a meter replacement fee for affected consumers, clarifying that these claims are false. The …

The Prime Prime Minister of India, Shri Narendra Modi will be visiting Nigeria from 16-17 November, 2024. The visit, the first by an Indian Prime Minister to Nigeria in 17 years, was at the invitation of Nigeria’s President Bola Ahmed Tinubu, according to a statement by the Asian country’s Foreign …

A fuel-laden tanker has gone up in flames at the Jigawa-Kano border, North West, Nigeria. Aliyu M. A., Public Relations Officer of the Federal Fire Service, Jigawa State Command, confirmed the incident to newsmen on Wednesday, November 13, 2024. “On November 12, 2024, at approximately 10:43 hours, the Federal Fire …

President Bola Tinubu announced on Wednesday that his administration’s recent economic reforms has generated significant interest from foreign investors, with $30 billion in commitments secured so far. The President’s remarks were delivered at the opening ceremony of the 2024 Comptroller-General of Customs Conference in Abuja by National Security Adviser, Nuhu …

President Bola Ahmed Tinubu will depart Abuja on Sunday for Riyadh, Saudi Arabia, to attend the Joint Arab-Islamic Summit, which will focus on the current situation in the Middle East. The Summit will commence on Monday, November 11, 2024. It is being held at the invitation of King Salman and …

Ogun State Governor, Dapo Abiodun, has firmly pledged that no part of Ogun State will be ceded to Lagos or Ondo amidst disputes over the ownership of Ode-Omi and Makun. Both Lagos and Ogun have been asserting claims over Ode-Omi, located on the outskirts of Lekki, but Ogun maintains that …

Organisations around the world are trying to manage an explosion of data across distributed sites and environments, requiring them to be more agile and responsive than ever before, but often by means of legacy infrastructure. This scenario is no different for businesses in West Africa. So said Gbenga Adebowale, Enterprise …

Human rights lawyer, Femi Falana, has threatened to sue the Federal Government if the minors arrested and arraigned in connection with the recent hunger protests are not rehabilitated after their release. The Senior Advocate of Nigeria stated this on Tuesday while reviewing a book titled ‘Judiciary Terrorism’ by Richard Akinnola …