CBN strengthens regulations for BDCs and other foreign exchange participants The agreement forbade holding BDCs in numerous names as well as fraudulently collecting foreign exchange from sources that were either eligible or prohibited. Yemi Cardoso, the governor of the Central Bank of Nigeria, is working to resolve foreign exchange problems. A revised copy of the…
Nigeria is now home to the world’s longest subsea cable, measuring 45,000 kilometers The 45,000-kilometer-long 2Africa subsea cable from Meta has reached the Nigerian states of Lagos and Akwa Ibom. By immediately promoting the expansion of 4G and 5G and increasing internet penetration for millions of people and businesses throughout the region, the deep-sea cable…
FG Has Fulfilled 90% Of Agreement With Labour — Tinubu’s Minister Claims Nigeria’s Labour Minister, Nkiruka Onyejeocha, has asserted that the Federal Government has successfully fulfilled approximately 90% of the agreement made with the Organised Labour back in October. The Minister made this claim on Tuesday while appearing on Channels Television’s Politics Today show on…
BREAKING: NLC Suspends Nationwide Protest The Nigeria Labour Congress (NLC) has decided to halt its countrywide protests that took place across various states of the federation earlier today. In a statement released after the conclusion of its National Executive Council meeting, the Labour stated that the desired goals of the protest were successfully accomplished during…
EFCC Arrests 11 Currency Racketeers In Kano, 36 Suspected Internet Fraudsters in Kaduna The Kano Zonal Command of the Economic and Financial Crimes Commission (EFCC) has apprehended 11 suspected currency racketeers. The anti-graft agency announced the latest development in a statement issued on Monday, February 19, 2024. It said the arrests were made as a…
NECO Releases Results For 2023 SSCE The 2023 senior secondary school examination (SSCE) external results have been officially announced by the National Examination Council (NECO). According to the Registrar and Chief Executive, Professor Dantani Wushishi, a total of 74,342 candidates took the examination across 29 subjects, with 67.35 percent of them achieving five credits and…
Military Takeover Supporters Are Beneficiaries Of Insecurity In Nigeria – CSO Advocates for Democracy and Development (ADD), a Civil Society Organization (CSO), has emphasized that individuals advocating for a military coup in Nigeria as a solution to the current economic challenges are taking advantage of the security issues in the nation. The group’s Convener, Gbenga…
Sixteen Lawmakers Suspended After Plot To Impeach Zamfara Speaker There was a mild drama at a plenary on Monday after seven out of the twenty-four members of the Zamfara State House of Assembly took the decision to suspend sixteen members who had previously threatened to impeach the Speaker of the House, Bilyaminu Moriki, last Thursday….
BREAKING: Rights Group Commences Nationwide Protest In Lagos Despite Police Warning Take It Back Movement, a human rights organization, has initiated a countrywide demonstration in Lagos to express their discontent with the prevailing economic difficulties in the nation. This action is taking place in defiance of the cautionary statement issued earlier by the Lagos State…
Ondo Varsity Workers To Begin Strike Today The employees of the three universities under the ownership of the Ondo State Government are scheduled to begin an indefinite industrial action today. These universities include Adekunle Ajasin University, Akungba-Akoko (AAUA); Olusegun Agagu University of Science and Technology (OAUSTECH), Okitipupa; and University of Medical Sciences (UNIMED), Ondo. The…
