Multi- billionaire businessman Aliko Dangote has flagged off a Ramadan free feeding program that has offered free breakfasting meals to over 10,000 Muslims in Kano State. Also, the business mogul has distributed over one million bags of rice, estimated at over N13 billion, across the 36 states of Federation and Abuja.The gesture, according to the…
A Federal High Court in Abuja has ordered Binance Holdings Limited, a cryptocurrency exchange platform, to furnish the Economic and Financial Crimes Commission with the comprehensive data of all persons from Nigeria trading on its platform. Justice Emeka Nwite granted the interim order after ruling on the ex-parte motion moved by the EFCC’s lawyer, Ekele…
The Federal Government is appealing to the Senior Staff Association of Nigerian Universities (SSANU) and the Non-Academic Staff Union of Educational and Associated Institutions (NASU) to call off their seven-day warning strike. Both unions began the industrial action on Monday as they pressed for the payment of their salaries. But the Minister of State, Labour,…
The Federal Government is in talks with the World Bank to complete the processes of obtaining over $1bn loans to address the challenges facing Internally Displaced Persons and their host communities, as well as bolster rural access and agricultural marketing in the country. The request is contained in World Bank documents titled, ‘Solutions for the…
The exchange rate for cargo clearance has dropped to N1593.41/$ from N1612.28/$ recorded last week representing a drop of about N18.87. Last week, the CBN through the customs service increased the exchange rate for cargo clearance by N18.44 to the prior figure. The drop in exchange rate for cargo clearance mirrors the recent strengthening of…
Ogun State Governor, Prince Abiodun, has unveiled an ambitious plan to address the housing deficit in the state by pledging the construction of approximately 10,000 housing units before the conclusion of his tenure in 2027. This announcement comes during a courtesy visit by the Managing Director and Chief Executive Officer of the Federal Housing Authority…
About one year and four months after taking over rein of the state, Osun State Governor, Ademola Adeleke, has moved into the Okefia Government House, Osogbo, the official residence of the governor. He explained that the Government House was under renovation. However, a statement on Sunday by his spokesman, Olawale Rasheed, said the renovation had…
The Senior Staff Association of Nigerian Universities (SSANU) and the Non-Academic Staff Union of Educational and Associated Institutions (NASU) have jointly announced a nationwide industrial action commencing from Monday, 18 March. In a memo addressed to union branches dated Friday, 15 March, the leadership of both SSANU and NASU instructed their members to withdraw services…
The NDLEA said that investigations reveal that the suspects distribute the chin-chin often laced with cannabis and tramadol to students and at birthday parties. The NDLEA Spokesperson, Femi Bbafemi, in a statement on Sunday, said officers of the Agency on patrol around Opolo area of Yenagoa intercepted the motorcycle dispatch rider, Edesemi and recovered 200…
Governor Babajide Sanwo-Olu of Lagos State has unveiled markets that will offer 25 per cent discounts to residents to cushion economic hardship and rising inflation. Lagos State Government announced this on Saturday in a statement by the Commissioner of Information and Strategy, Gbenga Omotosho. The initiative titled ‘Ounje Eko’ food markets is expected to commence…
