Goldman Sachs, in its March projection, said the naira would appreciate to ₦1,200 per dollar within the next 12 months. Goldman Sachs Group Inc, the leading global investment banking, securities and investment management firm, has released its latest report on Nigeria’s economic realities wherein it declared naira as the best-performing currency in April 2024. The…
Oluchukwu achieved the milestone after completing 44 weeks of intensive training at the prestigious UK military academy. Officer Cadet Owowoh Princess Oluchukwu has registered her name in the history books as the first Nigerian female officer to ever graduate from the prestigious Royal Military Academy Sandhurst (RMAS) in the United Kingdom. 24-year-old Oluchukwu achieved the…
The witness said he knew Emefiele, who was his boss, while in Zenith Bank and that he later joined him at the CBN. A Central Bank of Nigeria (CBN) employee, Monday Osazuwa, on Friday, told an Ikeja Special Offences Court how the former apex bank governor, Godwin Emefiele, on different occasions, directed him to collect…
Lokpobiri said Nigeria’s oil production, including condensate, which was approximately 1.7 million barrels per day (bpd) before these developments, would soon be restored. The Federal Government says measures are being put in place to restore oil production given recent concerns regarding the shortfall in oil production in Nigeria in the first quarter of 2024. Senator…
The minister pointed out that development should not be concentrated in the capital city. The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, has reiterated the FCT Administration’s commitment to take development to rural areas. Wike stated this on Friday while inspecting the ongoing construction of the 11-kilometre Yangoji-Sukuku Ebo-Road and Kwali Unity…
The governor, while welcoming the newly inaugurated commissioners, urged them to contribute significantly to the state’s development agenda. Governor Lucky Aiyedatiwa of Ondo State, on Friday in Akure inaugurated 12 newly-appointed commissioners. The News Agency of Nigeria (NAN) reports that the State House of Assembly had recently confirmed the appointment of the 12 commissioners. The…
He noted that many others live outside the state and the country even as they draw salaries and other benefits from the local government system. The Enugu State Monitoring Team on Work Attendance and Productivity has directed the issuance of queries to over 164 civil servants in the Ezeagu Council Area of Enugu State for…
The spokesperson said the deaths were avoidable if all the necessary safety measures were put in place and observed. The Police Public Relations Officer in Lagos State Command, SP Benjamin Hundeyin, on Friday, confirmed that seven persons drowned at different swimming pools and beaches in the state within six days. Hundeyin confirmed this to the…
LASTMA said the truck rammed into the car and spilled the container on top of it. A falling 40-feet container killed a woman inside her car at the Lagos end of the Lagos-Ibadan Expressway on Friday. Her driver, however, survived the accident unhurt, the Lagos State Traffic Management Authority (LASTMA) has stated. Its Director, Public…
The Indian narcotic control body said the Nigerian was operating a big drug network, using some locals as peddlers for delivery in bulk. The Narcotics Control Bureau (NCB) in the western Indian state of Goa, has announced the arrest of a Nigerian drug kingpin, identified as Stanley and his wife, Usha C. The arrest comes…
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