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Economy

CBN SELLS FOREIGN EXCHANGE TO BUREAU DE CHANGE AT 1,251 NAIRA TO A DOLLAR.

The Central Bank of Nigeria CBN hasannounced the sales of 10,000 dollars to each of the eligible Bureau De Change BDC operators in the country at the rate of 1,251 Naira to One dollar.  In a circular to the President of the Association of BDC Operators of Nigeria signed by the Director of Trade and Exchange Department of CBN, HASSAN MAHMUD, the BDCs are to sell to eligible end users at a spread of not more than 1.5% above the purchase price.  The CBN warned that any BDC that breaches the terms shall be sanctioned appropriately, including outright […]

todayMarch 26, 2024

National

NIGERIAN GOVERNMENT LAUNCHES GLOBAL MANHUNT AFTER FLEEING BINANCE DIRECTOR

Minister of Information and National Orientation, MOHAMMED IDRIS yesterdaysaid there is no hiding place for NADEEM ANJARWALLA, a Director of Binance who escaped from custody and fled the country after he was detained by the Government of Nigeria. IDRIS while reacting to ANJARWALLA’s escape from Nigeria said the International Police INTERPOL is currently on his trail, adding that there was no way he would evade arrest since BINANCE is an international firm. His explanation came barely a few hours after the Office of the National Security Adviser confirmed that ANJARWALLA, a key suspect in […]

todayMarch 26, 2024

News

UNTH RESIDENT DOCTORS CALL FOR ROUND THE CLOCK SECURITY AT THE HOSPITAL PREMISES.

The Association of Resident Doctors, of the University of Nigeria Teaching Hospital Enugu, has expressed disappointment over the state government’s reluctance to take proactive measures towards ensuring the safety of health workers, despite incidents of kidnappings. The association, through its president,OLISAEMEKA OGBU, during a press briefing, lamented the lack of adequate security for the health workers, which according to them could weaken their willingness and dedication to work. OGBU noted that after an emergency general meeting, the […]

todayMarch 25, 2024

National

SSANU AND NASU END WARNING STRIKE.

Members of the Senior Staff Association of Nigerian Universities SSANU and the Non-Academic Staff Union NASU yesterday ended their seven-day warning strike after they accused the Federal Government of unfair treatment and discrimination by failing to pay them like their academic counterparts.  The President of SSANU, MOHAMMED IBRAHIM in a circular to branch chairmen at public universities all over the country, directed SSANU and NASU members to resume work from today.  The two unions began a seven-day warning strike on Monday, March 18, 2024, over withheld salaries with workers in registry, […]

todayMarch 25, 2024

News

PRESIDENT TINUBU TO IGNORE 72ND BIRTHDAY CELEBRATION

The Presidency has urged well-wishers and friends of the President, BOLA TINUBU not to organize any form of celebratory event or place adverts in the media ahead of his 72nd birthday anniversary on Friday, March 29, 2024.  The Special Adviser to the President on Information and Strategy, BAYO ONANUGAin a statement yesterday attributed the President’s decision to the challenging times in the country.  Following the announcement, the annual birthday colloquium for TINUBU won't be held this year in what would be the fourth in recent times with respect to developments in the country.   ONANUGA said because of […]

todayMarch 25, 2024

Entertainment

THE CROWN DOMINATES BAFTA TV AWARD NOMINATIONS.

  The final season of Netflix's THE CROWNleads this year's BAFTA TV Award nominations despite controversy over its depiction of the Royal Family.  The sixth season of the royal drama, which covers the events of the 1990s including PRINCESS DIANA's death, has been nominated for eight awards while HAPPY VALLEY and BLACK MIRROR episode of DEMON 79 both have seven nominations.  It received mixed reviews from critics, with one saying it was mining tragedy for ratings.  Four actors in THE CROWN have received nominations, including ELIZABETH DEBICKI, who played […]

todayMarch 21, 2024

News

ENUGU TEACHERS LAUD GOVERNOR MBAH OVER MINIMUM WAGE PAYMENT.

The Enugu State wing of the Nigeria Union of Teachers NUT has expressed profound gratitude to the state government for showing honest concern for the welfare of teachers in the state, including the extension of the state’s minimum wage to primary school teachers after several years of waiting. The teachers also noted that Governor PETER MBAH's administration had in about nine months in office met four of the five-point demands the union presented to him on […]

todayMarch 21, 2024

National

CBN CLEARS ALL FOREIGN EXCHANGEBACKLOG

The Central Bank of Nigeria CBN hasannounced it has cleared the seven billion dollars foreign exchange FX backlog inherited by Governor YEMI CARDOSO in fulfillmentof a key pledge on his appointment and signifies a significant step towards restoring confidence in the economy. The Acting Director of Corporate Communications of the CBN, HAKAMA SIDI ALI who confirmed the settlement of all valid FX backlog claims yesterday said the CBNemployed Deloitte Consulting, an independent auditing firm, to meticulously assess the transactions, ensuring that only legitimate claims were honored. The CBN’s commitment to tackling the FXbacklog appears to be paying […]

todayMarch 21, 2024

Sports

TOBI AMUSAN SUCCESSFULLY DEFENDS HER 100 METERS GOLD AT THE AFRICAN GAMES.

World Record holder TOBI AMUSANrecorded an easy win as she won her third straight gold medal in the women’s 100m hurdles at the African Games 2023 yesterday. The former world athletic champion clocked a time of 12.89 seconds to retain her title while Nigeria’s other athlete in the final, FAITH OSAMUYI narrowly missed out on a podium finish as she ran 13.77 seconds to finish in fourth place. AMUSAN then shifted attention to the women’s 4x100m relay and anchored the Nigerian […]

todayMarch 21, 2024

National

SLAIN SOLDIERS TO RECEIVE NATIONAL HONOURS.

President BOLA TINUBU yesterday said the slain military personnel in OKUAMA, a community in UGHELLI South Local Government Area of Delta State, will be conferred with national honors.  TINUBU who disclosed this at the breaking of the Ramadan fast in Abuja with the Speaker of the House of Representatives, TAJUDEEN ABBAS, and the leadership of the House, said while oversight is essential for maintaining transparency and accountability in governance, excessive summoning of officials can disrupt operations and hinder service delivery to citizens. He commiserated […]

todayMarch 21, 2024

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