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Day: October 29, 2024

Naira appreciates by 2.4% against dollar at official market

At the Investors and Exporters (I&E) window, the naira traded between ₦1,690 and ₦1,601 against the dollar. The naira on Tuesday appreciated at the official market, trading at ₦1,630.45 to the dollar. Data from the official trading platform of the FMDQ showed that this represents a 2.40 per cent gain when compared to the previous…

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PMS price increases again as NNPCL sells petrol at ₦1,025 per litre in Lagos

This is the third price adjustment between September and October 2024. The Nigerian National Petroleum Company Limited (NNPCL) has again increased the price of Premium Motor Spirit (PMS), better known as petrol, to ₦1,025 per litre in Lagos. This is coming barely three weeks after the corporation increased petrol price to ₦980 per litre in…

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Kano Governor approves ₦71,000 minimum wage for civil servants

The governor announced the wage adjustments through one of his verified social media accounts. Gov. Abba Yusuf of Kano State has approved a new minimum wage of ₦71,000 for state civil servants, effective November. The new minimum wage is expected to increase the state’s monthly salary obligations by ₦6 billion and ₦7 billion for Local…

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These are the top Nollywood movies to expect in cinemas in December

These movies will hit the cinemas in December. While some are yet to release their official trailers, others have begun active promotions. The battle for the most successful box office hit this year is on. December 2024 promises to be exciting, with the impending release of star-studded Nollywood movies in the cinemas. In December 2016,…

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19 northern govs told to embrace Tinubu’s ‘Tax Reform Bill’

For Northern Nigeria, this means that revenue collected within the region would support development projects like roads, schools, and hospitals, stimulating local businesses and encouraging investment. An appeal has been made to the 19 northern governors to accept the proposed Tax Reform Bill, highlighting potential benefits for local communities. This appeal was made by Arabinrin…

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Ekiti lawyers petition NJC to probe Justice Nwite for alleged bias

The group also accused the judge of misconduct. Some lawyers, under the aegis of Ekiti Lawyers Vanguard for Transparency, have petitioned the National Judicial Council (NJC) over alleged controversial rulings by Justice Emeka Nwite of a Federal High Court in Abuja. In a letter addressed to NJC’s Chairman, Justice Kudirat Kekere-Ekun, on October 14 and…

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I’m not a diva and I’m not savage either – Tiwa Savage

She’s quite the lover girl. Nigerian singer Tiwa Savage has set the record straight regarding a popular misconception about her, tagging her as a diva. During her recent interview on the Beat 99.9FM, the singer clarified that, despite her stage name, she is far from being a savage snd is in fact, a lover girl….

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Naira crude sale has set economy on path of industrialisation – Edun

Edun said although there was much to be done, but there was a clear path to industrial development and modernisation of the Nigerian economy. Wale Edun, Minister of Finance and Coordinating Minister of the Economy, on Tuesday, said the sale of crude in naira to local refiners had set the Nigerian economy on the path…

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Tiwa Savage opens up about juggling her career and motherhood

Even though it takes a village to raise a child, she firmly believes she can be a mother and a successful career woman at once. Nigerian singer Tiwa Savage has opened up about the challenges of managing her music career while being a mother, emphasising how important support is in her life as a single…

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Car cleaner impregnates neighbour’s 12-year-old girl, bags life imprisonment

The convict took advantage of the minor’s innocence as well as betrayed the trust placed on him as an adult in a community. An Ikeja Sexual Offences and Domestic Violence Court has sentenced a 41-year-old car cleaner, Ezekiel Udoh, to life imprisonment for defiling and impregnating his neighbour’s granddaughter, aged 12. “A child was forced…

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