Fuel queues will fizzle out soon-Reps
The House of Representatives, has reassured that the long queues at filling stations in the country, will soon fizzle out soon. Rep. Ikenga Ugochinyere, Chairman, Petroleum Downstream said this at a joint news conference in Abuja on Wednesday. “We hereby express our concerns over the temporary presence of fuel queues in petrol stations across the […]
U.S. Dep. Sec. lauds Nigeria’s foreign policy thrust
The U.S. Deputy Secretary of State, Kurt Campbell, has lauded Nigeria’s 4D foreign policy thrust under President Bola Tinubu, which comprises Democracy, Development, Demography, and Diaspora. Campbell made this known when he led a delegation of the U.S. Mission to the sixth U.S.-Nigeria Bi-national Commission (BNC), which he co-chaired with Nigeria’s Foreign Minister Yusuf Tuggar […]
Electricity: NLC, TUC condemn higher tariff for non-existent electricity
The Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC), have appealed to the Nigerian Electricity Regulatory Commission (NERC) and Power Sector operators, to reverse the increase in electricity tariff within one week. President of the unions, Mr Joe Ajaero and Mr Fetus Osifo made the call on Wednesday in a joint speech to […]
Workers Day: PDP urges workers to remain committed to prosperous Nigeria
The Peoples Democratic Party (PDP) has urged Nigerian workers and all citizens not to give up but remain committed toward a stable, united and prosperous nation, especially at this challenging time. The party made the call in a statement by its National Publicity Secretary, Mr Debo Ologunagba in Abuja on Wednesday while congratulating Nigerian workers […]
Tinubu salutes workers on May Day
President Bola Tinubu has sent a message of congratulation to Nigerian workers on the occasion of Workers’ Day held annually to celebrate what he describes as “the lifeblood of our country.” The President salutes Nigerian workers for their fidelity to the peace, progress, and development of the nation evident in their tireless efforts and patriotic […]
Naira stabilises at 1,350 as CBN targets FX inflow for liquidity boost
The naira on Tuesday steadied at 1,350 per US dollar on the parallel market as against Monday when it opened the foreign exchange (FX) market at the same rate before closing at N1,360/$1 on the same day at the black market. At the official market known as the Nigerian Autonomous Foreign Exchange Market (NAFEM), the naira on Monday […]
CBN halts leading fintech platforms amid forex scarcity, Opay, Moneypoint, others affected
The Central Bank of Nigeria, (CBN) has stopped customers’ access to OPay, Palmpay, Kuda Bank, and Moniepoint to curb the wave of current forex scarcity. Sequel to this, the Central Bank of Nigeria (CBN) has instructed OPay, Palmpay, Kuda Bank, and Moniepoint to cease onboarding new customers until further notice, citing alleged involvement in illicit […]
Kwara ex-finance commissioner in court for N1.22bn fraud
The Ilorin Zonal Command of the Economic and Financial Crimes Commission, EFCC, has arraigned a former Commissioner for Finance in Kwara State, Ademola Banu before Justice Evelyn Anyadike of the Federal High Court sitting in Ilorin over alleged money laundering and misappropriation of state funds to the tune of N1.22billion. The defendant was alleged to […]
Higher Education and the Transformation of Africa
By Toyin Falola On May 8 and 9, 2024, experienced and influential educators, administrators, and policymakers will gather at the Kenya School of Monetary Studies to discuss the impact of private universities on public ones. Five key researchers drawn from Ghana, Nigeria, South Africa, Uganda, and Kenya will present their findings based on research conducted […]
Iran ready to promote friendly ties with African states
Iranian Defence Minister Mohammad-Reza Gharaei Ashtiani has expressed Tehran’s readiness to enhance friendly relations with African states, especially the “independent and revolutionary” country of Zimbabwe. He made the remarks in a meeting with visiting Vice President of Zimbabwe, Constantino Chiwenga in the Iranian capital Tehran, according to local media reports. Ashtiani highlighted Iranian President Ebrahim […]
