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CBN HAS APPROVED FIXED RATE OF FOREIGN EXCHANGE TO ELIGIBLE BUREAU DE CHANGE OPERATORS

The Central Bank of Nigeria (CBN) says it has approved the sale of foreign exchange (FX) to eligible Bureau de Change (BDC) operators at one thousand four hundred and fifty Naira to a dollar. The apex bank said the sum of twenty thousand dollars is to be sold to each BDC at the rate of one thousand four hundred and fifty Naira to a dollar representing the lower band of the trading rate at NAFEM in the previous trading day. […]

todayJuly 19, 2024 40

General

THE CHIEF OF DEFENCE STAFF AND INSPECTOR GENERAL OF POLICE DENY ALLEGATIONS ON PROVIDING PROTECTION FOR ILLEGAL MINNERS

The Chief of Defence Staff (CDS), General Christopher Musa, and the Inspector General of Police (IGP), Kayode Egbetokun, on Thursday denied allegations that the military and police provide security for illegal mining sites and miners in the country. They made this denial at a hearing by the House of Representatives Committee on Mineral Resources, chaired by Jonathan Gaza, The CDS who was represented by the Director of Operations Defence Headquarters, Air Vice Marshal Nnaemeka Ilo, and the IGP who was […]

todayJuly 19, 2024 49

General

FCT POLICE COMMAND HINDER NASU PROTEST

Federal Capital Territory (FCT) Police Command has blocked protesting members of the Academic Staff Union of Educational and Associated Institutions (NASU) and the Senior Staff Association of Nigerian Universities (SSANU) from embarking on a protest march to demand payment of their withheld salaries.   Armed Police personnel, who were deployed with Armoured vehicles and Hilux Vans, barricaded the entrance of the popular Unity Fountain in Maitama District of Abuja, the meeting point of the union members on Thursday morning.   […]

todayJuly 18, 2024 41

Featured

EUROPEAN COMMISSION RE- ELECTS URSULA VON DER LEYEN AS PRESIDENT

Ursula von der Leyen has been re-elected as president of the European Commission following a secret ballot among MEPs. She secured the backing of 401 Members of the European Parliament at a vote in Strasbourg on Thursday - 41 more than she needed. Ms von der Leyen, of the centre-right European People’s Party (EPP), was first elected in 2019. She will now serve another five years at the helm of the EU. Speaking to reporters, she added that the most […]

todayJuly 18, 2024 32

Education

JOINT ADMISSIONS AND MATRICULATION BOARD (JAMB) SETS 140 AS A CUT-OFF MARK FOR ADMISSION INTO NIGERIAN UNIVERSITIES.

The Joint Admissions and Matriculation Board (JAMB) has pegged 140 as a cut-off mark for admission into the university. The board also fixed 100 as the minimum cut-off point mark for admission into polytechnics and colleges of education.   JAMB Registrar, Professor Ishaq Oloyede announced this on today in Abuja at the 2024 Policy meeting of the Joint Admissions and Matriculation Board (JAMB).   The meeting had in attendance the Minister of Education, Tahir Mamman, vice-chancellors, rectors and registrars of […]

todayJuly 18, 2024 173

Economics

FEDERAL GOVERNMENT AND ORGANISED LABOUR AGREE ON SEVENTY THOUSAND NAIRA AS MINIMUM WAGE FOR WORKERS.

Federal Government and the organized labour have agreed on seventy thousand Naira as the new National Minimum Wage. This was the outcome of the latest meeting between President Bola Tinubu and leadership of the organised labour, which took place at the Presidential Villa, Abuja. The sum of sixty thousand naira was first suggested by the government during a meeting  late Monday. During the meeting the Federal Government of Nigeria was represented by Mohammed Idris, Minister of Information and National Orientation; […]

todayJuly 18, 2024 16

Economy

MEMBERS OF HOUSE OF REPRESENTATIVES PLEDGE TO GIVE UP 50 PER CENT OF THEIR SALARIES FOR SIX MONTHS TO ADDRESS THE HUNGER ACROSS THE COUNTRY.

The House of Representatives at a plenary session on Thursday pledged to give up 50 per cent of their salaries for six months to address the hunger across the country.   During the session presided over by Speaker Tajudeen Abbas, Deputy Speaker Benjamin Kalu amended the motion, urging his colleagues to sacrifice 50% of their salaries. He made this plea when it was his turn to speak, seeking their support for this gesture.   With each member paying N300,000 into […]

todayJuly 18, 2024 9

General

NIGERIA TO HOST DAVIS CUP AFRICA GROUP III QUALIFIER ROUND SAYS MINISTER OF SPORTS

The Minister of Sports Development, Senator John Owan  Enoh said Nigeria Would be hosting the 2024 Davis Cup Africa Group III Qualification Rounds to win. Owan Enoh, said this while declaring the event open at the National Tennis Centre, Package B, Moshood Abiola National Stadium, Abuja. The minister who emphasized the significance of tennis in Nigeria, said that it is one of the nation’s strongest sports, with passionate support from its citizens. The minister assured the six participating countries of […]

todayJuly 16, 2024 54

General

NATIONAL ASSEMBLY, LABOUR PARTY MOURN LATE KADUNA LAWMAKER.

Senate has once again been thrown into a state of mourning following the death of House of Representatives member, hon. Ekene Adams. The Red Chamber adjourned plenary until Wednesday in honour of the late lawmaker, who died on July 16. Mr Adams represented Chikun/Kajuru Federal Constituency, Kaduna State, in the House of Representatives before his death. Senate resolution followed the adoption of a motion for adjournment moved by Senate leader of the Senate Opeyemi Bamidele and seconded by Minority Leader Abba […]

todayJuly 16, 2024 9

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