Aminu Gwadabe, the President of the Association of Bureaux de Change Operators of Nigeria (ABCON), has stated that the Naira has appreciated by N660 against the US dollar since the recall of BDC operators into the Foreign Exchange Market by the Governor of the Central Bank of Nigeria, Olayemi Cardoso. Gwadabe disclosed this to…
Peter Obi, the Labour Party Presidential Candidate in the 2023 general election, has encouraged prisoners not to perceive themselves as isolated or hopeless. He stated that in Nigeria, everyone is metaphorically imprisoned, seeking divine intervention for freedom and redemption. Obi who celebrated the Easter mass with prisoners at the Correctional Center in Onitsha, Anambra State…
Peter Obi, the Labour Party Presidential Candidate in the 2023 general election, has encouraged prisoners not to perceive themselves as isolated or hopeless. He stated that in Nigeria, everyone is metaphorically imprisoned, seeking divine intervention for freedom and redemption. Obi who celebrated the Easter mass with prisoners at the Correctional Center in Onitsha, Anambra…
Former President Olusegun Obasanjo has called on Nigeria’s leaders to be selfless and consider it an opportunity to serve the people. Obasanjo stated this on Saturday during a courtesy visit to Governor Godwin Obaseki at the Government House in Benin City, the Edo State capital. According to the former Nigerian President, leadership is an…
Economists have stated that it will take some time for Nigerians to feel the impact of the current strengthening of the naira against the dollar on the prices of commodities in the country. The Chief Executive Officer of Economic Associates, Ayo Teriba, explained to newsmen that the impact of the naira on prices exhibited…
A supposed soldier, on Saturday, stabbed a 27-year-old trader to death over the price of a carpet in Akure, the Ondo State capital. The incident, which happened around Arakale area of Akure metropolis, led to the blockage of major roads in the area by some aggrieved traders and colleagues of the deceased. An eyewitness,…
The Transmission Company of Nigeria (TCN) says it has successfully restored the national grid following a system disturbance at 4:28 p.m. on Thursday. In a statement on Friday evening, the TCN said full recovery was achieved by 10:00 p.m. that same day. The TCN said that a report from the National Control Centre (NCC)…
The Central Bank of Nigeria, CBN, plans to closely monitor the recapitalisation of the Nigerian banking sector, in collaboration with law enforcement agencies. The move is intended to prevent illicit financing in the sector. The Director of the CBN’s Financial Policy and Regulation Department, Haruna Mustafa, disclosed this in a circular on Friday. The…
The Edo State Command of the Federal Road Safety Corps, FRSC, has advised motorists to ignore passengers who often instigate them to overspeed with the excuse of being in haste. MAGIC FM reports that the FRSC State Sector Commander, Paul Okpe, said that such passengers also contribute to road crashes and should be ignored….
The 2023 Labour Party, LP, presidential candidate, Mr Peter Obi, has said he promised to rebuild Nigeria and not to build a new party. Obi made the remarks while speaking to Nigerians on the state of the nation. Addressing Nigerians on X Space hosted by Parallel Facts on Friday. He stressed the need for the…