Naira Showing Signs Of Stability – IMF

The International Monetary Fund (IMF) has reported that Nigeria’s local currency, the naira, is beginning to show signs of stability, largely due to recent interest rate hikes and the clearing of foreign exchange (FX) backlogs by the Central Bank of Nigeria (CBN). This observation was highlighted in the IMF’s global financial stability report, unveiled…

Japa has increased demand for transcripts – UNILAG VC

The Vice Chancellor of the University of Lagos (UNILAG), Professor Folasade Tolulope Ogunsola, has revealed that the “japa” trend—where Nigerians seek better opportunities abroad—has led to a sharp increase in requests for academic transcripts, particularly from alumni who graduated decades ago. Speaking at the 2024 International Week and the 17th Annual Research Conference held…

Senate Investigates NDLEA’s Allegations Against Lawmaker

The Senate has established a six-member ad-hoc committee to investigate recent allegations against Senator Ashiru Oyelola, who represents Kwara South. The committee will summon the National Drug Law Enforcement Agency (NDLEA) to clarify the accusations involving the senator. The NDLEA recently claimed to have raided Senator Ashiru’s residence in Ilorin, Kwara State, where illicit drugs…

FG stops export of cooking gas to crash price

The Federal Government has announced the suspension of exports of locally produced Liquefied Petroleum Gas (LPG), also known as cooking gas, effective November 1, 2024. This decision aims to address the rising costs of cooking gas in Nigeria. Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, made the announcement during a stakeholder meeting in…

The Attorney General has warned state governors that the Supreme Court’s ruling on local government autonomy is final and cannot be overturned.

The Attorney General of the Federation and Minister of Justice, Lateef Fagbemi, has stated that the Supreme Court’s ruling on local government autonomy is definitive and cannot be overturned. While speaking in Ado Ekiti on October 22, Fagbemi emphasized that the judgment must be respected by state governors and clarified that there is no three-month…

EFCC charges fake fertility nurse for defrauding 45 women of N28.2 million under the pretense of helping them conceive.

The Enugu Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) has charged Blessing Amaka David-Agwa, a fraudulent fertility nurse, for deceiving over 45 women into believing she could help them get pregnant. David-Agwa appeared before Justice Mohammed Garba Umar at the Federal High Court in Enugu, facing 45 counts of fraudulent impersonation, forgery,…

1 12 13 14 15 16 518