In a bid to further crash the FX rate, the Central Bank of Nigeria (CBN) has begun the sales of the second tranche of foreign exchange (FX) to eligible Bureau De Change (BDCs) to meet retail market demand. In a memo on Monday to the President Association of Bureau De Change Operators of Nigeria the…
In the hundreds of thousands, they flooded the streets of the capital relying only on early trends. Crowds backing the protégé’s of Ousmane Sonko gathered here at the headquarters of the Diomaye president coalition. “We are happy with the work that has been undertaken by the entire ‘Diomaye president coalition. This victory is the victory…
The Non-Academic Staff Union of Educational and Associated Institutions, (NASU) and the Senior Staff Association of Nigerian Universities (SSANU) have ended their one-week warning strike. They have therefore directed their members to resume work on Monday March 25. The leadership of the National Association of Academic Technologists (NAAT) also directed its members to resume duty…
About three days to the close of payment deadline, the National Hajj Commission of Nigeria (NAHCON) has announced N8.5 million as a fresh fare for the 2024 Hajj. This is an increase of N3.5 million over the N4.9 million earlier announced. It also disclosed this in a statement on Sunday, adding that those who had…
The Ogun State Traffic Compliance and Enforcement Corps (TRACE) said traffic offenders, particularly route violators (those driving against traffic), would be fined and undergo psychiatric tests as part of corrective measures against the offence. TRACE commander and Chief Executive Officer (CEO), ‘Seni Ogunyemi, stated this during a visit to his office at Ibara by the…
Nigerian Exchange Limited, Central Bank of Nigeria (CBN) and other capital market operators have organised a symposium to boost the financial literacy level of some students in Lagos to mark the 2024 Global Money Week (GMW). GMW is an annual global awareness-raising campaign on the importance of ensuring that young people, from an early age,…
At least 137 school children who were kidnapped by armed gunmen in Nigeria earlier this month have been released, the governor of Nigeria’s Kaduna state Uba Sani confirmed in a TV interview aired on Sunday. In the interview broadcast on Nigeria’s Channels Television, Sani said he had met with the children’s families. “I am happy,…
The National Agency for the Prohibition of Trafficking in Persons (NAPTIP) said it has uncovered a ploy by some suspected human traffickers to lure Nigerians with fake jobs in Ghana, Ivory Coast, and other countries in West Africa. The Agency explained that the suspected traffickers exploit coordinated global brand trademarks and present unrealistic oil and…
They were selected as beneficiaries of the grant in the 10-year flagship Entrepreneurship Programme. They were selected as beneficiaries of the grant in the 10-year flagship Entrepreneurship Programme. Apart from the non-refundable $5,000 grant, they will also receive mentorship and training in the course of the year to boost their businesses. This is as the…
All the 287 schoolchildren kidnapped on March 7 by terrorists from Kuriga, a community in Kaduna State, have regained freedom. This is contained in a statement released in the early hours of Sunday, March 24, by the Governor of Kaduna State, Senator Uba Sani.Terrorists early on Thursday morning March 7, invaded the LGEA Primary School,…
