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Day: November 6, 2024

Naira depreciates by 0.6% against dollar

At the Investor’s and Exporter’s (I&E) window, the Naira traded between ₦1,690.00 and ₦1,620.00 against the dollar. The Naira depreciated on Wednesday at the official market, trading at ₦1,681.65 to the dollar. Data from the FMDQ Exchange’s official trading platform, which oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that Naira lost ₦10.33. This…

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Minister attributes grid collapses to vandalism, lack of maintenance

Adelabu assured that the ministry would review the report, make amendments, and submit it to President Bola Tinubu. The Minister of Power, Adebayo Adelabu, has attributed frequent grid collapses to vandalism and lack of maintenance in the past. Adelabu, receiving the report of the committee set up to address grid collapses in Abuja on Wednesday,…

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Road accidents claim more passengers’ lives than drivers – FRSC

Saadu assured that the corps would continue to advocate for the safety of both drivers and passengers. The Federal Road Safety Corps (FRSC), Jigawa Sector Command, has said that passengers face a higher risk of losing their lives in road traffic crashes (RTCs) nationwide than drivers. The FRSC Sector Commander in Jigawa, A’ishatu Saadu, disclosed…

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How Nigeria plans to become a trillion-dollar economy – Dabiri-Erewa

Nigeria under President Bola Tinubu’s leadership aims to achieve seven per cent growth and become a trillion-dollar economy by fostering robust growth in macro, small and medium enterprises, industrialisation and innovation. Abike Dabiri-Erewa, Chairman/CEO, Nigerians in Diaspora Commission (NiDCOM), said this on Wednesday at the ongoing Nigeria Diaspora Investment Summit (NDIS) themed “Adapting Stability through…

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Harris concedes defeat, calls to congratulate Trump on election victory

Trump shellacked Harris, the Democratic candidate, to record a historic comeback victory for his return to the White House. The Vice President of the United States, Kamala Harris, has conceded defeat to his opponent in the November 5 presidential election, Donald Trump, calling to congratulate the Republican candidate for his victory. One of Harris’ senior…

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Iran plays down importance of Trump’s victory, ready for confrontation

The Revolutionary Guards did not directly react to Trump’s claimed electoral victory but said Tehran and its allied armed groups in the region are ready for confrontation with Israel. Fatemeh Mohajerani Iranian government spokesperson on Wednesday said Iranian’s livelihoods will not be affected by the U.S. elections after Donald Trump claimed victory in the presidential…

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Tinubu directs national flag to be flown at half mast in honour of Lagbaja

The president appreciated profoundly the services of the departed to the nation and wished the family the fortitude to bear the loss. President Bola Tinubu has directed that the National flag be flown at half-mast for seven days in honour of the late Chief of Army Staff, Lt.-Gen. Taoreed Lagbaja. Lagbaja’s death was announced by…

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Emir Sunusi lauds Tinubu over release of arrested minors

Emir Sanusi said that the decision to release the minors arrested in connection with the protests was one of the best decisions in recent times. The Emir of Kano, Malam Mohammad Sunusi II has commended President Bola Tinubu for the release of minors arrested in connection with the #EndBadGovernance protests in August. The News Agency…

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Lagos seals Redeemed, Cele churches; recreational centres over noise pollution

The statement added that the establishments were found guilty of breaching environmental regulations despite multiple warnings from LASEPA. The Lagos State Environmental Protection Agency (LASEPA), on Wednesday, said it had sealed off some churches alongside recreational centres over noise pollution in the state. LASEPA made this known through a statement on its X handle. “In…

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We tried to seek audience with Kemi Badenoch but she ignored us – Abike Dabiri

Dabiri-Erewa said Nigeria is open to working with Badenoch but will not force anyone to appreciate their Nigerian roots or affiliation. The Chairman/CEO of the Nigerians in Diaspora Commission (NiDCOM) Abike Dabiri-Erewa has disclosed that the newly elected leader of the United Kingdom’s Conservative Party, Kemi Badenoch, turned down several invitations for an audience with…

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