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CBN Launches FX Price Verification System Portal For Importers
Importers now have access to foreign currency thanks to the Central Bank of Nigeria's (CBN) introduction of the foreign exchange (FX) pricing verification system (PVS) portal.
A price verification report from the portal will now be…
Tobi Amusan Cleared Of Alleged Doping Violations
Nigerian track queen Tobi Amusan has been cleared of doping violations with the provisional suspension on her lifted.
“A panel of the Disciplinary Tribunal, by majority decision, has today found that Tobi Amusan has not committed an…
Drug Abuse Is Not Good — Naira Marley Partners NDLEA In War Against Societal Scourge
Nigerian singer and songwriter, Azeez Adeshina Fashola, known as Naira Marley has joined the campaign against drug abuse in the country.
The spokesperson for the National Drug Law Enforcement Agency (NDLEA), Femi Babafemi, disclosed…
Prof Ndifon: UNICAL Suspends Law Professor Over Sexual Misconduct Allegations
Professor Cyril Ndifon, dean of the law faculty at the University of Calabar, has been placed on suspension following claims of sexual harassment.
Following an investigation by the school's administration into the charges of sexual…
Forex Crisis: FG Reveals Each State To Receive N5bn Subsidy Palliative
To lessen the effects of the elimination of the petrol subsidy, the Federal Government has approved a N5 billion palliative for each of the federation's states, including the Federal Capital Territory.
Babagana Zulum, the governor of…
Peter Obi “Saddened” By Death Of Military Officers By Terrorists’ Ambush In Niger…
Peter Obi, the presidential candidate for the Labour Party, expressed sympathy to the Nigerian Air Force for the recent MI-171 helicopter mishap that cost the lives of some troops.
Obi called the situation unpleasant and expressed…
Arrows Of God Orphanage Shut Down By Anambra Govt After Investigation By Soyombo
In response to allegations of illegal adoption and child trafficking, the Anambra State Government shut down the Arrows of God Community Children's Home in the state's Oyi Local Government Area.
The orphanage was shut down as a…
Ikorodu Residents To Withstand Gridlock As Lagos Govt Announces Traffic Diversion
The Lagos State Government has announced a traffic diversion at the Lane Inbound Ikorodu General Hospital for the completion of the Asphalt binder course and wearing course of the new slip road from Thursday, August 17.
This is in…
Lagos Court Withdraws Firearms Charge Against Emefiele
The Federal High Court sitting in Lagos has struck out the “illegal possession of firearm charge” against the suspended Central Bank of Nigeria (CBN) Governor, Godwin Emefiele following an application by the Ministry of Justice to…
Military Reveals Three Officers, 22 Soldiers Killed In Niger State Ambush
Three officers and 22 soldiers, according to the military high command, were among those murdered when troops in Niger state were ambushed.
Speaking to media on Thursday in Abuja, Maj. Gen. Edward Buba, Director of Media Operations,…
EXPLAINER: What You Need To Know About NNPC $3bn Emergency Crude Repayment Loan From Afrexim Bank
The Nigerian National Petroleum Corporation (NNPC) Limited, on Thursday, secured a $3 billion crude repayment loan to support the naira and stabilise the foreign exchange market.
It secured the funding from the AFRIEXIM bank…
Emefiele: Court Adjourns N9.6bn Fraud Case Due To Absence Of Witnesses
The arraignment of the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been adjourned at the Federal Capital Territory High Court, Abuja, on Thursday.
Although Emefiele was present, the arraignment could…
Lagos Govt Shutdown Greater Scholars School Over Alleged Defilement Of Four-year-old
The Lagos State Government on Wednesday shut down Greater Scholars International School in the Ajah area of the state over the defilement of a four-year-old pupil.
The pupil was reportedly defiled by the school’s security guard,…
Ganduje: Tinubu Didn’t Deceive Nigerians Regarding Subsidy Removal
The National Chairman of All Progressives Congress, Dr Abdullahi Ganduje, has pleaded with Nigerians to be patient with President Bola Tinubu, saying his decision to remove the petroleum subsidy was not an attempt to play the masses.…
Tinubu Pledges To Ensure Attractive Economy For Investors
President Bola Tinubu gave investors assurances on Wednesday in Abuja that his ongoing efforts to reposition the economy will be aided by his intensified removal of all barriers to effective business startup and administration in…