Meanwhile, at the Investor’s and Exporter’s (I&E) window, the Naira traded between ₦1,281 and ₦1,220 against the dollar. The Naira on Friday strengthened at the official market, trading at ₦1,251.05 to a dollar. Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed…
The News Agency of Nigeria (NAN) reports a resurgence of fuel queues in parts of Lagos as supply decreases. The management of the Nigerian National Petroleum Company Ltd. (NNPCL) has attributed the insufficient supply of petroleum products to some filling stations in Lagos to an issue at one of its depots in the state. Olufemi…
Otti also said that the State Government had developed a robust strategy to reposition education in Abia. Governor Alex Otti of Abia has said that Local Government (LG) funds cannot be hijacked under his watch. Otti said this on Friday during the monthly media parley at Government House, Umuahia. The governor said that he was…
Tinubu recently signed into law the amended National Student Loan Bill intended to assist indigent students in any government-owned tertiary institution. President Bola Tinubu has appointed a management team for the Nigerian Education Loan Fund (NELFUND). NELFUND is a creation of the National Student Loan Act, empowered as a legal entity to provide loans to…
Emefiele is standing trial for an alleged 20-count amended charge preferred against him by the EFCC. The Economic and Financial Crimes Commission (EFCC) has slammed the immediate former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, with a fresh 26-count charge. As reported by Channels Television, the charge sheet was filed on Wednesday, April 3,…
The President said the investigations had been formally closed and all appropriate law enforcement and regulatory agencies were already conducting follow-up actions. President Bola Tinubu has lauded Jim Obazee for his services as the Special Investigator of the Central Bank of Nigeria (CBN) and other related entities. The President commended Obazee, a former Chief Executive…
The governor directed for the suspension in a letter, conveyed by the Secretary to the Jigawa State Government. Governor Umar Namadi of Jigawa has approved the suspension of Commissioner for Commerce, Aminu Kanta, over the alleged misappropriation of funds allocated for the Ramadan feeding programme. This is contained in a statement by the Secretary to…
In his response, the Deputy Comptroller of the Correctional Centre in the state Saidu Salisu commended the governor’s wife for the gesture. The wife of the Katsina State Governor, Hajiya Zulaihat Radda, has secured the release of five female inmates after paying ₦350,000 in debts they owe. The News Agency of Nigeria (NAN) reports that…
During the meeting with the High Commissioner of Australia to Nigeria, Tinubu expressed appreciation for the longstanding relationship between Nigeria and Australia. President Bola Tinubu has welcomed newly-appointed ambassadors to Nigeria, expressing his commitment to enhancing cooperation in the areas of education, mining, culture, and tourism. The President received the Letters of Credence from the…
A marketer who preferred anonymity told NAN that there had been a shortage in supply from the importers of the last resort. The Major Energies Marketers Association of Nigeria (MEMAN) says the distribution of petroleum motor spirit, commonly known as petrol, has begun from depots to filling stations in Lagos and other states. Its Executive…
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