News

CBN Governor, Yemi Cardoso Nigeria’s foreign exchange reserves rose by 1.35 per cent to $435.8m month-on-month to end the month of May at $32.69bn compared to $32.25bn which it was on April 30, 204. Analysis of the movement of reserves on the Central Bank of Nigeria’s database showed that reserves …

Executive members of IoD, South-South/ South East Zone, being inaugurated in Port Harcourt, Rivers State The Chartered Institute of Directors Nigeria (IoD) has decried the state of leadership in Nigeria, saying the country has not been able to exploit its potential despite uninterrupted democracy in the last 25 years. The …

The Transmission Company of Nigeria has confirmed that the Labour Union has shut down the national grid, resulting in black out nationwide. The TCN said that the national grid shut down occured at about 2.19am this morning, 3rd June 2024. The General Manager, Public Affairs, Ndidi Mbah, who confirmed the …

According to the News Agency of Nigeria, the National Publicity Secretary of the Labour Party, Obiora Ifoh, made the call in an interview on Monday in reaction to the ongoing nationwide strike. The Labour Party has called on the workers’ unions to return to the negotiating table with the government …

Strike: Passengers Stranded As Labour Officials Ground Flight Operations At Lagos Airport Flight operations have been grounded at the local terminal of the Murtala Mohammed International Airport, Lagos, due to the commencement of industrial action by organised labour. All access to the airport terminal has been barricaded by labour officials, …

The students were driven out of the Unguwan Rimi Campus of the polytechnic on Monday morning by union officials who stormed the school. Kaduna State Polytechnic has been shut down by labour officials over the indefinite nationwide strike declared by the Nigeria Labour Congress (NLC) and the Trade Union Congress …

A mother, Mrs Ifeoma Maria Dorothy Okonkwo, has shared the story of how she finally gave birth to a son after she suffered five stillbirths in 15 years. Mrs Okonkwo who hails from Nimo, Njikoka Local Government Area of Anambra State, got married to Tony Okonkwo, from neighbouring Abagana, 20 …

…lament total disregard for court Residents of Royal Gardens Estate, Ajah Lagos protested over outrageous exploitation and extortion by the estate developer, Trojan Estate Limited and its agent, Broll Properties Limited. The protesting residents, numbering about 100 at the weekend, kicked against the lack of transparency and disparity in electricity …

A Federal High Court sitting in Lagos  has ordered for the interim forfeiture of the sum of $1, 426, 175.14 million, linked to the embattled former governor of the Central Bank of Nigeria (CBN) Godwin Emefiele. Justice Ayokunle Faji made the order on Wednesday sequel to a suit marked FHC/L/CS/232/2024 …

The senate and house of representatives will hold a joint sitting on Wednesday to mark 25 years of uninterrupted democracy in the country.   Joint sessions of the senate and house of representatives are uncommon, with the exception of the president’s budget presentation. President Bola Tinubu will inaugurate the national …