Nigeria’s FX Reserves Reach Three-Week High, Gain $262 Million
The Central Bank of Nigeria’s most recent numbers revealed an increase in the country’s foreign reserves. Nigeria’s reserves grew to $32.369 billion as of May…
Author: Joseph
Electricity Tariff: Labour Plans NEC Meeting Before Protest
The Organised Labour will hold a National Executive Council meeting prior to the planned picketing of Nigerian Electricity Regulatory Commission offices against the electricity pricing…
Prophet Oluronbi Jailed 34 Years For Raping Female And Male Church Members
UK-based Nigerian Self-Styled Prophet Oluronbi Jailed 34 Years For Raping Female, Male Church Members At Least 88 Times, Impregnating Some Victims Multiple TimesA jury heard…
Mohammed Idris: Diversionary Report on Alleged Bribery at Binance
In a statement published on Tuesday, Binance CEO Richard Teng claimed that during a meeting at the National Assembly Complex in January, representatives of Binance…
NAFDAC Closes ₦50 Million Illegal Alcohol Factory in Lagos
With the assistance of intelligence from the Nigerian Army’s 15 Field Engineering Regiment in Badagry, the enforcement officers of the National Agency for Food and…
Tinubu: Nigeria Is On Pace To Achieve Food Security
Before he leaves office, President Bola Tinubu stated on Thursday that he is determined to make Nigeria self-sufficient in food production. During the groundbreaking ceremony…
FG Plans New Sharing Formula and Additional VAT Increase
According to the presidential committee on fiscal policy and tax changes, raising the value-added tax (VAT) rate is necessary. The VAT revenue-sharing formula would be…
Police Look Into E-Money Regarding N1.2 Billion Debt With Lagos Company
The Force Criminal Investigation Department Annex, Alagbon, is looking into the N1, 209,200,000 dispute that the Chief Executive Officer of Emy Cargo and Shipping Services…
Togo President, Faure Gnassingbe Abolishes Presidential Election
The president of Togo adopted a new constitution late on Monday that does away with presidential elections. Critics criticised this decision as a ruse to…
Microsoft To Close Its Ikoyi Development Centre
There are hints that Microsoft African Development Centre (ADC), based in Lagos, Nigeria, may close its West Africa division. This was disclosed to The Guardian…