Month: January 2024

FAAN relocation to Lagos will save FG N500m annually – Keyamo

January 31, 2024

Despite the pushback from some quarters, Keyamo said the movement of the FAAN headquarters has become necessary. The Minister of Aviation and Aerospace Development, Festus Keyamo, has said the relocation of the Federal Airports Authority of Nigeria (FAAN) headquarters from Abuja to Lagos will save the nation not less than half a billion naira annually. […]

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Abuja BDC operators shut down operation over dollar scarcity

January 31, 2024

The Bureau De Change operators said online banking and cryptocurrency are responsible for the dollar scarcity. The Abuja chapter of the Bureau De Change (BDC) operators has announced the closure of their business premises from February 1, 2024, until further notice. According to a statement by the chairman of the association, Abdulahi Dauran, on Wednesday, […]

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NYSC vows to punish fake corpers trying to serve Nigeria

January 31, 2024

Whoever is caught would be handed over to law enforcement agencies for prosecution. The Director-General, National Youth Service Corps (NYSC), Brig.-Gen. Yusha’u Ahmed, has emphasised the need to review registration process at orientation camps to stem the activities of fraudulent persons. He said this on Wednesday in Abuja during the 2024 Batch ‘A’ Pre-Orientation Course […]

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Suspected kidnapper tried to bribe police officers with ₦8.6m in his car

January 31, 2024

Seven mobile phones, ₦3,000 MTN recharge card and seven amulets were also recovered from the suspect. The Police Command in Taraba has announced the arrest of a suspected kidnapper, Aliyu Muhammed, in possession of ₦8.6 million and seven mobile phones. Joseph Eribo, the Commissioner of Police in the state, who made this known on Wednesday […]

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Wage Awards: FG appeals to construction workers to shelve planned strike

January 31, 2024

Barrah posited that they had explained to their workers that the wage award was meant for federal government workers. The Federal Government has appealed to construction workers in the country to shelve their plan to embark on a nationwide warning strike Nkeiruka Onyejeocha, Minister of State for Labour and Employment, appealed on Wednesday in Abuja, […]

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NGX: Investors net worth decline by ₦1.07trn

January 31, 2024

Analysis of the market activities showed that trade turnover settled higher relative to the previous session, with the value of transactions up by 102.88 per cent. The bears dominated the domestic market on Nigerian Exchange Ltd. (NGX) on Wednesday as market capitalisation dropped by ₦1.07 trillion. Specifically, the market capitalisation closed at ₦55.357 trillion, representing […]

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President Tinubu is passionate about school feeding, says aide

January 31, 2024

He said implementation of the program since its inception in the state had been successful. Dr Yetunde Adeniji, the Senior Special Assistant to the President on National Home Grown School Feeding, says President Bola Tinubu is passionate about sustaining the programme. She said this when she paid a courtesy visit to Gov. Umaru Bago of […]

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Wike working to improve living condition of FCT rural dwellers – Secretary

January 31, 2024

Hassan expressed confidence in the leadership qualities of Wike, adding that he was optimistic that he would turn the lives of rural dwellers around. Adedayo Benjamins-Laniyi, Mandate Secretary, Women Affairs Secretariat, FCT Administration, says the FCT Minister, Nyesom Wike, is working to improve the living conditions of rural dwellers in the territory. Benjamins-Laniyi stated this […]

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Court refuses to hear UNICAL prof’s bail plea; ICPC investigator testifies

January 31, 2024

Justice Omotosho earlier stood down the matter to allow the court to clear other cases fixed for the day. A Federal High Court, Abuja, on Wednesday, declined to hear bail applications of Prof. Cyril Ndifon, the suspended Dean, Faculty of Law, University of Calabar, and his co-defendant, Sunny Anyanwu. Justice James Omotosho held that the […]

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Femi Otedola emerges new board chairman of FBN Holdings

January 31, 2024

According to FBN Holdings, Otedola’s appointment is effective from January 31, 2024. Nigerian billionaire businessman Olufemi (Femi) Peter Otedola has been appointed by a leading financial institution in Nigeria, FBN Holdings, as its new Chairman of the Board of Directors. In a statement on Wednesday, January 31, 2024, to notify the Nigerian Exchange Limited and […]

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