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The naira has depreciated by 38.9 percent against the United States dollar at the official I&E window of the Central Bank of Nigeria in the past three months. Data obtained from the FMDQ Securities Exchange revealed that the local currency fell from N745.19/$ on October 3, 2023, to N1035.12/$ as of January 3, 2024. While the naira depreciated from 471/dollar to about 700/dollar at the official market shortly after the […]
Lawmakers have budgeted an additional N30bn for the renovation of the National Assembly Complex in the 2024 Appropriation Bill. The N30bn earmarked for the renovation of the building was part of the N344.85bn budgeted for the National Assembly after they raised their allocations from N197.93bn. The N344.85bn, signed by President Bola Tinubu on January 1, is the highest ever allocated to the legislature. The additional N30bn brings to N60bn the […]
President Bola Tinubu on Sunday directed a comprehensive inquiry into the alleged N585m scandal in the Federal Ministry of Humanitarian Affairs and Poverty Alleviation. He vowed to “decisively punish” those involved in any breaches and infractions unravelled during the investigations. The President gave the directive in a statement issued by the Minister of Information and National Orientation, Mohammed Idris, as anger grew over the alleged breach of the Federal Government’s financial regulations. […]
Former Super Eagles captain, Vincent Enyeama, has dropped a cryptic message on Instagram hinting that he could join the technical crew of the national team when the camp opens on Tuesday (today) in Abu Dhabi, United Arab Emirates, Enyeama made this known on Monday when he reacted to a post about the team’s AFCON preparations on the official Instagram account of the Super Eagles. They will begin a one-week training camp […]
The Minister of Interior, Olubunmi Tunji-Ojo, on Monday, confirmed that the passport application automation process will begin operation on January 8, 2024. The minister had announced in December that the Federal Government was working to ensure a full automation system of passport application in the country. At the time, the minister said the automated application system was “99% done,” adding that the process would include uploading passport photos and supporting […]
Rivers State Governor, Siminalayi Fubara, has said that the decisions taken by his administration in the political crisis in the state were not borne out of fear, but for peace to reign in the state. Also, he explained that the resignation of the factional Speaker of the state House of Assembly, Edison Ehie, from his position and the legislature was in the interest of peace. Fubara disclosed this while addressing […]
The Federal Government has reiterated its commitment to ensuring the highest standards of safety, efficiency, and reliability for air travelers, airlines, and all stakeholders. The Minister of Aviation and Aerospace Development, Festus Keyamo, in a statement by his spokesman, Tunde Moshood, on Tuesday, also promised to protect operators in the industry. “All the newly appointed directors are to get in touch with the Director, Human Resources Department of the Ministry […]
The Nasarawa State Police Command says it is investigating the abduction of the Chairman, Akwanga Local Government Area of the state, Safiyanu Isa-Andaha, by gunmen. The state Police Public Relations Officer, DSP Ramhan Nansel, said this to the News Agency of Nigeria on Tuesday in Lafia. The PPRO said the state Commissioner of Police Umar Nadada, had mobilised personnel to go after the hoodlums and rescue the chairman and one […]
Six persons have died while 11 sustained injuries in a multiple road crash on the Kaduna-Zaria expressway. The Federal Road Safety Corps, Kaduna Sector Commander, Kabir Nadabo, said the accident occurred at Aliko filling station on the Kaduna-Zaria expressway on Tuesday at about 06:25hrs. Nadabo attributed the multiple accidents to speeding and dangerous driving, which resulted in the temporary halting of the movement of motorists. He, however, said that the […]
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