Nigeria’s foreign exchange market may soon experience some liquidity as the Central Bank of Nigeria (CBN) has begun clearing the backlog of foreign exchange obligations. Multiple sources said the CBN has taken steps to douse the tension generated by its inability to clear forex backlog for banks and airline The CBN has been burdened by…
The Joint Task Force, Operation Delta Safe (OPDS) has arrested an MV Mother Mary, vessel with 300,000 litres of illegally refined AGO(Diesel) as well as two of its crew members in Rivers state. OPDS seized the vessel at the Federal Ocean Terminal in Onne, Eleme Council Area of Rivers on the Bonny River. Addressing journalists…
The Nigeria Civil Aviation Authority (NCAA) has advised Pilots and Airline Operators to exercise caution over hazardous weather in dry season. This warning was contained in a release by the Nigerian Meteorological Agency (NiMET) on weather alerting the public on the possibility of deterioration in visibility as a result of observed dust haze propagated into…
Rwandan President, Paul Kagame, on Thursday announced the lifting of visa restrictions for all Africans wanting to visit the Central African nation. This introduction makes Rwanda the fourth African country to do so. “Let there be no mistake about it. Any African can get on a plane to Rwanda whenever they wish and will not…
A 34-year-old man, simply identified as John, lost his life after drowning in Elegushi Beach, in Lagos State, on Saturday, during a church picnic. News About Nigeria reports that the church name withheld, located in the Ikorodu Area of Lagos State, had gone on a picnic with its youth John included. According to the attendees…
Pay TV company MultiChoice Nigeria has announced an increase in the DStv and GOtv bundle pricing for the third time in 2023, amid persistent economic difficulties occasioned by the removal of fuel subsidy and the decision of the President Bola Tinubu-led government to float the naira. With the most recent hike which is 17% higher…
A final year student of Petroleum Training Institute, Effurun, Delta State has been electrocuted while installing solar panels on a one-storey building. It was gathered that the gory incident occurred in a business location close to a commercial bank at the Warri Garage Area on Thursday, October 19, 2023. Eyewitnesses disclosed that the aluminium ladder…
The National Agency for Food and Drugs Administration and Control has notified the public that the recalled G Fuel brand Energy Drinks by T&E Imports and GPAE Trading Corp contains high levels of caffeine. The notification of this product is contained in a public alert with No. 034/2023, issued to newsmen in Abuja on Thursday…
Two participants at the 2023 annual conference of the Women in Business, Management and Public Service have won a total of N3m in the Impact Investment Award. The award, sponsored by Nigerian Bottling Company Plc, saw one of the winners, Aladesuyi Ademidesola, honoured with N1m, while Eziafakaku Nwokolo, a board certified behaviour analyst, was rewarded…
The House of Representatives has opposed the N4.79bn budgetary allocation for a presidential yacht contained in the N2.176trn supplementary budget for the 2023 financial year transmitted to it on Tuesday by President Bola Tinubu. In passing the supplementary budget on Thursday, the House moved the sum proposed for the yacht to student loan, bringing the…
