The naira has continued its depreciation against the US dollar for the fifth time despite the Central Bank of Nigeria’s sale of foreign currencies to legitimate Bureau De Change operators. The naira experienced a depreciation, reaching N1,300.15 per dollar on the official market, surpassing the parallel market rate by N45.15. Data sourced from FMDQ revealed…
Multichoice Nigeria has announced a fresh increase in prices on the DSTV and GOtv packages effective May 1, 2024. The company attributed the price increases to “rise in the cost of business operations” in Nigeria. Recall that Multichoice had increased its subscription fees twice in the past year. According to the notice signed by Multichoice…
The Rivers State Commissioner for Justice and Attorney-General, Zacchaeus Adangor, has rejected his redeployment to the Ministry of Special Duties and resigned from the State Executive Council (SEC). Adangor, a close ally of the Minister of the Federal Capital Territory, FCT, Nyesom Wike, had earlier resigned as the state’s Attorney-General on December 14 when the…
The Minister of Aviation, Festus Keyamo, has directed the Nigerian Civil Aviation Authority (NCAA) to suspend Dana Air, a day after one of the airline’s planes skidded off the Murtala Muhammed Airport, Lagos runway.The minister also ordered a comprehensive audit of the airline. The audit will encompass all aspects of safety protocols, maintenance procedures, and…
JAMB registrar Ishaq Oloyede has revealed that a father has been arrested for sitting the examination for his son. Disclosing this on Wednesday, while speaking to journalists after inspecting a JAMB centre in Kaduna, Mr Oloyede decried some parents’ decision to impersonate their children for the exam. Describing the act as a major challenge for…
The former governor of Kogi State, Yahaya Bello, refuted allegations that he disregarded an invitation from the Economic and Financial Crimes Commission (EFCC). According to the EFCC, Bello was summoned for interrogation on January 27 this year but failed to appear, leading to a declaration of him as a fugitive after an unsuccessful attempt to…
The Ogun State Government has sealed three churches for allegedly contravening the state laws on noise pollution and defying government repeated order. The affected worship centres are Christ Apostolic Church, Fountain of Faith District Headquarters, Gbogunmi, Itedo Alafia Community, Bode Olude; Ambassador of Truth Assembly International located on Olorunseye Avenue, Ijeun Titun and Salvation Ministries…
Kai Havertz and Ben White scored twice as Arsenal thrashed Chelsea 5-0 on Tuesday to surge ahead in the Premier League title race and ramp up the pressure onLiverpool and Manchester City. Chelsea and Arsenal’s title rivals were dealt a huge blow before kick-off as the Blues’ danger man Cole Palmer was ruled out due…
Eko Electricity Distribution Company (EKEDC) management has apologised to customers in different parts of Lagos and Ogun states for the recent power outages. The General Manager of Corporate Communications, EKEDC, Babatunde Lasaki, issued the plea in a statement on Tuesday, April 23, in Lagos. He said the glitch stemmed from a breakdown on the Badagry…
Governor Abdullahi Sule of Nasarawa State has cleared the air on the death of Nasarawa State University students during a palliative distribution stampede in the school.The governor, who said the death of the students was regrettable, stated that the incident was not due to negligence of the state’s officials.Sule said this in reaction to comments…
