Governor Alia was alleged of diverting over ₦60 billion belonging to the 23 local governments of Benue State. President Bola Ahmed Tinubu has been urged to take immediate action against Governor Hyacinth Alia of Benue State for allegedly undermining local governments. The Coalition of Patriotic Nigerians and the Conference of Registered Political Parties (CRPP) expressed…
The regulator said that persistent distortions in the retail market were contributing to disparities in exchange rates, particularly in the parallel market. The Central Bank of Nigeria(CBN) on Thursday directed Bureau De Change (BDCs) operators to sell forex at a maximum profit margin of 1.5 per cent, aiming to correct market distortions. The bank, in…
The President also said he was concerned about the welfare of Nigerian workers and that his administration was working on a wage that would be acceptable to all. The new ₦70,000 minimum wage adopted by the Federal Government after consultation with the Organised Labour on Thursday will be reviewed after three years. Alhaji Mohammed Idris,…
Eno also announced a business startup grant of ₦500,000 to each of the beneficiaries as a way of making them become self-reliant. Governor Umo Eno of Akwa Ibom, on Friday, handed over two-bedroom flat apartments each to three widows as part of his administration’s Arise Compassionate Home initiative. The News Agency of Nigeria (NAN) reports…
Several Nigerian quoted companies made the list of best-performing stocks in the first half (H1) of 2024. The Nigerian Stock Exchange (NGX) outperformed several other markets to become the best-performing stock market in Africa in the first half of 2024, with its All-Share Index marking a 33.81% growth. Several Nigerian quoted companies which include Veritas…
The Minister called for the resuscitation of debate clubs in schools to foster excellent communication and critical thinking, among students. Students of public Junior Secondary Schools from Kwara, Katsina and Benue states have won trophies for Nigeria in three foreign debate competitions held respectively, in Indonesia, Singapore and Dubai. The Minister of State for Education,…
Imam also urged parents and guardians to ensure that they prepare food for children going to school, instead of allowing them to buy and eat food outside. The Director of Public Health in the Borno Ministry of Health, Dr Goni Imam, says that there is no confirmed case of cholera in the state. Imam made…
The report also revealed that a significant portion (68.2 per cent) of their income goes towards feeding and family expenses. The Informal Economy Report 2024, says businesses in the informal market contribute over half of Nigeria’s Gross Domestic Product (GDP). The Minister of Industry, Trade and Investment, Dr Doris Anite said this when she inaugurated…
Wike commended the security agencies for reducing the rate of crime in FCT and promised continued support by providing the tools needed to work. The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has presented 50 operational vehicles fitted with communication gadgets to security agencies to strengthen the fight against insecurity in the territory….
Alia said the state government was ready to provide additional land for another housing project in the state. The Federal Government on Friday inaugurated the construction of a 250-housing unit Renewed Hope Estate in Benue. Performing the ceremony in Makurdi, the Minister of Housing and Urban Development, Ahmed Dangiwa, said the land was donated by…
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