Naira hits N1510/$ in the parallel market as it continues to decline.

27 Jun 2024

On June 27, Wednesday, the Naira fell against the dollar on the parallel market, falling from Tuesday’s level of N1,500 to N1,510. Similarly, the Naira depreciated to N1,507.83 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). According to data from FMDQ, the Naira depreciated by N7.04 as the indicative exchange rate for NAFEM […]

Continue Reading

The NELFUND authorizes the payment of student loans.

27 Jun 2024

The distribution of student loans to qualified applicants has been approved by the Nigerian Education Loan Fund. On Wednesday, NELFUND held its first-ever board meeting, a significant step forward in its goal of providing financial aid to students. Under the leadership of its Chairman, Mr Jim Ovia, the board approved the immediate disbursement of student […]

Continue Reading

FG meets with ASUU to prevent a strike in the varsities.

27 Jun 2024

To prevent the union from going on strike, the Federal Government and the Academic Staff Union of Universities met on Wednesday. The parley, which started at about 4:30 p.m. at the Minister of Education’s office in Abuja, ended around 6:40 p.m. The meeting was required, according to ASUU President Prof. Emmanuel Osodeke, because the current […]

Continue Reading

Minimum Wage: Tinubu, governors to discuss at NEC meeting Thursday

27 Jun 2024

The 142nd meeting of the National Economic Council will take place on Thursday at the Aso Rock Villa in Abuja, where President Bola Tinubu will speak with state governors about the new national minimum wage. Femi Gbajabiamila, the chief of staff to the president, disclosed plans for the unprecedented appearance when he spoke in Kano […]

Continue Reading

Senior Custom Officer slumps, dies during investigative hearing in Reps

25 Jun 2024

A senior customs officer collapsed and passed away during questioning by the House of Representatives Public Accounts Committee. Following the engagement, which happened on Tuesday, June 25, 2024, at 1:00 pm, the official experienced unexpected health issues. Despite the immediate and diligent efforts of first responders and medical personnel at the National Assembly Clinic, he […]

Continue Reading

IPOB alleges indiscriminate arrest of Igbo youths over killing of soldiers

25 Jun 2024

The proscribed Igbo separatist group, Indigenous People of Biafra (IPOB), has condemned what it described as the indiscriminate arrest of innocent Igbo youths in Abia State over the killing of soldiers in the state on May 30 by gunmen during the Biafra Day commemoration. Five soldiers were reportedly killed at Obikabia Community by gunmen who […]

Continue Reading

FG orders TCN to cut electricity supplies to Benin Republic, Togo, Niger

25 Jun 2024

The Federal Government has ordered a department within the Transmission Company of Nigeria (TCN), the System Operator (SO), to cut power supply to three neigbhouring customers to six per cent in order to improve domestic power supply. The three countries affected are Niger Republic, Niger Republic and Togo. The electricity regulator, Nigerian Electricity Regulatory Commission […]

Continue Reading

JAMB, VCs to decide cut-off marks for varsities and others on July 18

24 Jun 2024

On July 18, 2024, the Joint Admissions and Matriculation Board will meet with vice-chancellors of universities, rectors of polytechnics, and provosts of Colleges of Education, among other education stakeholders, to determine the cut-off or minimum benchmarks for admission. This year’s meeting will be chaired by the Minister of Education, Prof.Tahir Mamman, according to a notice […]

Continue Reading

NAFDAC alerts the public about unregistered B-GAG syrup

24 Jun 2024

The National Agency for Food and Drug Administration and Control has alerted Nigerians to the illegal manufacture and sale of unregistered B-GAG mist pot CIT syrup. The alert is contained in a public notice No. 023/2024, issued by the agency’s Director-General, Prof. Mojisola Adeyeye, in Abuja on Sunday. Babban Gida Agalawa General Enterprises is accused […]

Continue Reading