Nigeria appreciated further in the official and parallel markets, on Monday after a 12 per cent or N152.23 reduction in the Bureaux de Change (BDC) exchange rate to N1,117.5 per dollar. Over the weeks, Nigeria’s local currency, the naira has experienced steady appreciation against the dollar, as efforts to boost the economy are intensified by…
The Nigeria Civil Aviation Authority (NCAA) has unveiled a new dress code for all the Consumer Protection Officers working at the nation’s airports. A statement by Michael Achimugu, NCAA’s Director of Public Affairs and Consumer Protection on Monday said the move is aimed at improving service delivery, and enhancing their visibility in the event of…
The Federal Government of Nigeria has announced Thursday, April 11, 2024, as an additional public holiday. This decision was disclosed through a statement issued by Dr. Aishetu Ndayako, the Permanent Secretary of the Ministry of Interior, on Tuesday. The announcement, which was shared via the ministry’s official communication channel, highlighted the importance of recognizing Eid-El-Fitr…
The development comes after the Nigerian Bureau of Statistics (NBS) pegged the current rate at 31.7 per cent in February from 29.9 recorded in January A woman selling fresh fish prepares some pieces for a client at a market in the Obalende area of Lagos on December 18, 2023. (Photo by Benson Ibeabuchi / AFP)…
Some students of the Nnamdi Azikiwe University, Awka, Anambra State, have called for donations for the ransom placed on their friend and schoolmate, Miss Francisca Chioma, who was reportedly kidnapped on her way to attend a burial. Chioma, a student of the Science Education Department in the institution, was said to have been missing since…
The Federal Governmen has unveiled the upgraded Citizens’ Delivery Tracker App, which will enable all citizens to view the deliverables and key performance indicators for all ministries and give their own assessment. The tracker is available at app.cdcu.gov.ng; it can be downloaded on Google Play Store and Apple Store. Hadiza Usman, Special Adviser to the…
•••Urges EFCC to release forensic report on Ganduje’s dollar saga Kano State Governor, Alhaji Abba Kabir Yusuf, has replied his predecessor, Abdullahi Umar Ganduje, over his claims of failure in governance in the current administration, insisting that Ganduje’s eight-year tenure represented failure and maladministration, following massive records of corruption, diversion pf piblic funds and sale…
The Saudi Arabia, on Monday, said the crescent of Shawwal has not been sighted, indicating that the fasting will continue on Tuesday. It also added that the Eid-El-Fitr would hold on Wednesday, April 10 to mark the beginning of the new Islamic month. This disclosure was made on Haramin’s official Facebook page, an official platform…
The operatives of the FCT police command, on April 4, 2024, at about 2:00 PM, arrested one Chukwuemeka Oputa A.K.A. Pounds and Dollar ‘m’, 38 years old, of Umuaka, Njaba, Imo State, and the leader of an armed robbery gang responsible for series of armed robberies and other heinous crimes in FCT. This was contained…
The Central Bank of Nigeria has written to all banks in Nigeria to stop the use of foreign currencies as collateral for naira loans. It disclosed this in a circular titled “The use of foreign-currency-denominated collaterals for naira loans” with ref number: BSD/DIR/PUB/LAB/017/004. The circular was signed by the apex bank’s acting Director, Banking Supervision…
