Money
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Dollar stumble to N1,600 At Parallel Market
The foreign exchange crisis worsened on Thursday as the local currency further depreciated, exchanging at N1,600 to a dollar at the parallel market. This was coming a few days…
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Federal Govt set to borrow N2.5tn through bond – DMO
The Nigerian Federal Government plans to raise N2.5 trillion in its second FGN bonds auction. In a circular issued on Wednesday, the Debt Management Office stated that the offerings…
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FRN Vs. Ali Bello & Anor: Drama as EFCC’s witness counters agency’s allegations of threats
. Court adjourns to Feb 22, 23 for continuation of trial Drama erupted on Tuesday at the Federal High Court in Abuja when the Economic and Financial Crimes Commission (EFCC)…
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JUST IN: Abuja Nurses Storm Council Office, Protest New Verification Rule
By Doris Israel Ijeoma Hundreds of nurses under the National Association of Nigeria Nurses and Midwives (NANNM) have taken to the streets of Abuja, decrying the newly implemented verification guidelines by…
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Probe Nigeria indebtedness Afe Babalola urges Tinubu
Legal luminary and founder of Afe Babalola University, Ado Ekiti, Aare Afe Babalola (SAN), has called for an investigation into how Nigeria found itself in the present situation of huge indebtedness.…
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Pastors aiding insecurity in Nigeria —Clergyman
A clergyman, Oscar Amaechina, says the prosperity gospel encourages love of money rather than building morality, contributing to the country’s insecurity. Mr Amaechina, the president of Afri-Mission and Evangelism…
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Student loan: FG Concludes repayment plans ahead launch
Ahead of the official launch of the Student Loan Scheme on February 21, 2024, the Nigeria Education Loan Fund said it is finalising repayment modalities. Although it confirmed that…
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Lagos residents raise concern as condom prices skyrocket
Some residents of Lagos have raised concerns over the increasing cost of condoms, saying it will lead to unsafe sex and unintended pregnancies among citizens. In separate interviews on Saturday, the…
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NANS Calls for suspension of NLC, TUC proposed strike
The National Association of Nigerian Students, NANS, has appealed to the Nigeria Labour Congress(NLC) and the Trade Union Congress(TUC) to suspend their proposed strike in the interest of the nation.…
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NERC sanctions DISCOS for Overbilling
The Nigerian Electricity Regulatory Commission (NERC), has imposed sanctions on the eleven Electricity Distribution Companies (DisCos) over their failure to comply with its directive on capping of estimated bills for customers who…
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EFCC Declares Emefiele’s Wife, Three Others Wanted
The Economic and Financial Crimes Commission (EFCC) yesterday declared Margaret Dumbiri Emefiele, wife of the embattled former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele wanted. Also declared wanted by…
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CBN stops granting loans to Federal Government
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said the apex bank will halt its Ways and Means loans to the Federal Government. Cardoso made…