Plans to stop the persistent depreciation of the naira versus the dollar have been finalized by the Central Bank of Nigeria (CBN). One of these strategies, it was discovered yesterday, is to flood the market with money. During the discussion, a CBN board member stated that the bank would now inject foreign currency into the […]
The widespread worry about a potential increase in the price of Premium Motor Spirit, also known as petrol, at the pump has finally been addressed by the Nigerian National Petroleum Company Limited (NNPC). The national oil corporation, a major importer of petrol into Nigeria, stated in a statement that it has no intention of raising […]
There are significant indicators that a further hike in the price of fuel—the third in ten weeks—may be imminent, since data from oil marketers indicates that the increase may come much sooner than later. New information about the rise in the landing cost of gasoline supports this prediction. which increased from N460 per litre in […]
According to Helen, the prominent Pentecostal Pastor Ayo Oritsejafor’s wife, there is no truth to the rumors that they are divorcing. Mrs. Oritsejafor on Monday called the divorce rumors false and spiteful on a Facebook page. A few days ago, reports that the former president of the Christians Association of Nigeria (CAN) had purportedly filed […]
An inquiry into the fatal train disaster that occurred in Kubwa on Thursday morning has been launched by the Federal Capital Territory Police Command. According to information obtained by our correspondent, a train headed for Abuja broke down at Chikakore in the Kubwa neighborhood of Abuja after colliding with a moving vehicle. While engineers worked […]
The police have said that they would begin a manhunt for politicians who are obtaining Permanent Voter Cards in order to rig the general elections in 2023. This occurred at the same time as the Independent National Electoral Commission (INEC) warned politicians and political parties that it would not tolerate any unlawful conduct and stated […]
The proposed reform of the Central Bank of Nigeria’s cash withdrawal limit regulation for private citizens and businesses has the support of financial professionals. On Wednesday in Lagos, they each stated this in separate interviews with the News Agency of Nigeria. According to NAN, the experts commented in light of the CBN Governor’s remark that […]
Bode George, the People’s Democratic Party’s (PDP) former Deputy National Chairman, said yesterday that he would not support the party’s presidential nominee, Atiku Abubakar, unless the national chairmanship was assigned to the South-West. George asserted that Northerners had controlled the party’s leadership for almost 25 years when appearing on the Arise TV Morning Show on […]
The Academic Staff Union of Universities (ASUU) has called for a speedy return to classes at the Benue State University (BSU) Makurdi, therefore the university has ended its participation in the ongoing strike. According to Mfaga Modom, the institution’s registrar, “the university will reopen with effect from Wednesday, September 28, 2022,” Modom’s statement said. […]
Prof. Zainab Duke Abiola, a lawyer and human rights campaigner, has been detained by the police after she is accused of attacking an orderly in Abuja. The orderly, Inspector Teju Moses, allegedly refused to perform housework, which led to the alleged attack, according to the police. After a video clip went viral on […]