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The Central Bank of Nigeria (CBN) has announced the sale of foreign exchange to Bureau de Change (BDC) operators in the country. This was disclosed in a memo issued on Tuesday and signed by Hassan Mahmud, the director of Trade and Exchange Department at the apex bank. This move marks a pivotal shift from the
Anambra State Police Command in collaboration with Umuoji Vigilante group, have reportedly nabbed the suspected killers of the President-General, PG, of Umuoji community, Idemili North Local Government Area of the state, Chief Silas Onyima, who was killed in his country home, Umuoji last weekend. This was disclosed by the state Police Public Relations Officer PPRO,
The Central Bank of Nigeria has over $300m to Deposit Money Banks in the last two weeks amid desperate efforts to stabilise the naira-dollar exchange rate. The Association of Corporate Treasurers of Nigeria made the disclosure in an advisory memo made available to its members, a copy of which was obtained by The PUNCH. The
Members of the Nigeria Labour Congress have stormed the streets of Lagos State to express their grievances over the current economic hardship. They are also protesting government’s alleged failure to implement agreements reached between both parties on October 2, 2023, following the removal of the fuel subsidy. The decision followed the conclusion of a 14-day
Bola Ahmed Tinubu is obviously ruling Nigerians with trial and error methods which often come up after backlash. Bola Tinubu after the FEC meeting announced he would adopt the Oronsaye report. Wonderful….. This could only mean he never had plans for articulated governance…. The questions Nigerians are asking is? Ask president Tinubu didn’t he know
On Geometric Power Plant & Aba IPP, here are the FACTS you need to know: Prof. Berth Nnaji returned to Nigeria during Obasanjo’s Golden Era. He was one of the many Nigerian diaspora professionals that went back to assist in the Nation Building efforts. He served as the Minister of Power under Goodluck Jonathan. Barth was
Power supply is expected to witness a significant boost in over half of Abia State as the Geometric Power Group is set to start firing the first of its four power generating turbines after inauguration on Monday. The historic event which is expected to be graced by Bola Ahmed Tinubu , is already generating huge
Live Court Update From The Federal High Court Abuja, Motion For Bail: “After The Defense Team Moved Application For Bail Citing The Ill-Health Of The Defendant (MNK), The Prosecution Counsel Is Saying That Mazi Nnamdi Kanu Be Denied Bail. According To The Prosecution Counsel, Mazi Nnamdi Kanu Already Jumped Bail Before And Will Jump Bail
Protest has rocked some parts of lagos state earlier this morning. This is different from the planned NLC protest. Guess they decided to start it earlier. Some policemen were seen around the Protesters but no noticeable breakdown of law and order at the moment. READ ALSO : Attack Our Protesters, Risk Total Shutdown –
The Nigeria Labour Congress (NLC) says it is aware of plans by state-sponsored persons to attack its rallies scheduled for Tuesday and Wednesday. Should such attacks occur, the NLC said, it would order its members to totally down tools and possibly bring the Nigerian economy to a halt. “… if we are attacked there will be