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Month: July 2023

Naira gains 2.43% on dollar with official market exchange rate of ₦756.94

The open indicative rate closed at ₦‎784.91 to the dollar on Monday. The naira on Monday appreciated against the dollar, exchanging at ₦‎756.94 at the Investors and Exporters window. The local currency gained 2.43% when compared with ₦‎775.76 which it exchanged for the dollar at the close of business on July 28. The open indicative…

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Joshua Agboola Nigerian youngest certified AWS developer associate Africa

Agboola prepared for the test by studying for about two to five hours daily for about six weeks. A 13-yr-old programmer, Joshua Agboola, has emerged the youngest Certified Amazon Web Services Developer Associate in Africa. The News Agency of Nigeria (NAN) reports that Agboola achieved the feat after a grueling two-hour examination that tested his…

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7 firms suffer ₦623.6 billion loss due to naira depreciation

Experts have urged the big firms to look inwards and end the reliance on imported inputs to service Nigeria’s domestic market. There are rising fears of job cuts as major companies have lost over ₦623.6 billion due to the foreign exchange crisis and federal government’s economic policies. Most of the affected companies in the telecommunications,…

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Wike: Tinubu is hungry to solve Nigeria’s problems

Wike was one of the over a dozen ministerial nominees screened by senators on July 31. Former Governor Nyesom Wike of Rivers said in Abuja on Monday that President Bola Ahmed Tinubu would not regret nominating him as minister. “In whatever capacity the president will not regret nominating me as a minister,” he told the…

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Tinubu appoints Ajuri Ngelale as Special Adviser

Ajuri in a tweet on Monday, July 31, 2023 thanked the President for recognising him. President Bola Ahmed Tinubu has approved the appointment of Ajuri Ngelale as Special Adviser on Media and Publicity. The appointment was announced in a statement signed by Willie Bassey on behalf of Secretary to the Government of the Federation, George…

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Police ban use of tinted vehicle glasses, covered number plates in Borno

Police would not allow unpatriotic individuals to violate the law by their acts of lawlessness. Police in Borno banned the use of tinted vehicle glasses and covered number plates in the state on Monday. The ban was announced in a statement issued by the police spokesman in the state, DSP Sani Kamilu. He stated that…

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Kiddwaya emerges Head of House of ‘BBNaija All Star’

Week two kicks off with a new leader. Kiddwaya has emerged as the Head of House in the ongoing Big Brother Naija All Star edition. He replaces Adekunle, who won last week. As the new leader of the house, he gets unrestricted access to the HOH bedroom, lounge, and gym. He can even sleep in…

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FG has saved over ₦1tr since removal of fuel subsidy

Tinubu says the ‘unproductive subsidy’ scheme only benefitted smugglers and fraudsters. Two months after the Federal Government stopped fuel subsidy payments, Nigeria has saved over one trillion naira. President Bola Tinubu announced this in his nationwide broadcast on the current state of the country’s economy on Monday, July 31, 2023. The President said if he…

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Mad Punch: Discover the exciting world of MSport’s exclusive new game

# FeaturebyMSport Online MSport betting enthusiasts in Africa have a reason to rejoice as the leading platform, MSport, introduces its latest game, Mad Punch. Building on the success of previous game launches like MSport Aviator and MSport Superkick, which garnered high praise from customers in Nigeria, Ghana, and Uganda, MSport is taking sports betting to…

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President Tinubu’s address to Nigerians on current economic challenges

This is the full text of President Bola Ahmed Tinubu’s address to Nigerians on Monday, July 31, 2023. In a bid to allay the fears of Nigerians on the current state of Nigeria’s economy, President Bola Tinubu addressed the nation on Monday, July 31, 2023. The President’s speech came two months after he announced the…

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