Amid the decline in the revenues disbursed to them by the Federal Accounts Allocation Committee (FAAC) in recent months, the total debt owed by states to the Central Bank of Nigeria (CBN) has increased to N1.24 trillion. In November last year, President Muhammadu Buhari approved a N656 billion bridge financing ...
Lagos Governor Babajide Sanwo-Olu has declared four work-free days for public workers to register and collect their Permanent Voter Cards(PVCs) ahead of the deadline on July 30. Starting from Tuesday, public workers from different grades have been scheduled on the expected day to be off from work for the exercise. ...
The US has risen to become the world's largest liquefied-natural gas exporter during the first half of 2022, according to the Energy Information Administration. According to an EIA report, US LNG exports increased by 12% in the first half of this year compared with the second half of 2021. In ...
Operators of commercial tricycles and motorcycles have kicked against Federal Government’s plan to impose a ban on the use of motorcycles as part of the plan to curb insecurity. They said executing such plan will prove counterproductive. The operators, under the aegis of the Almalgamated Commercial Tricycle and Motorcycle Owners, ...
The Nigeria Centre for Disease Control has again warned of a possible fifth wave of the Covid-19 virus in the country, given the resurgence in the number of confirmed cases. It disclosed that about 1,332 cases were recorded in one week. It therefore called on states to ramp up testing ...
The World Health Organization has activated its highest alert level for the growing monkeypox outbreak, declaring the virus a public health emergency of international concern. The rare designation means the WHO now views the outbreak as a significant enough threat to global health that a coordinated international response is needed ...
The European Union (EU) will soon replace the gas from Russia with Nigeria’s gas following the invasion in Ukraine. The European Union (EU) Delegation to Nigeria and ECOWAS disclosed this yesterday. Deputy Director-General Department for (Energy), European Commission in Brussels, Mr Matthew Baldwin, said this at a news conference on ...
Ghana has confirmed its first two cases of the deadly Marburg virus, a highly infectious disease in the same family as the virus that causes Ebola. It says both patients died recently in hospital in the southern Ashanti region.Their samples came back positive earlier this month and have now been ...
The naira, on Thursday, fell to N620 per dollar at the parallel market amid the lingering scarcity of the greenback. The figure represents a depreciation of N5 or 0.8 percent from the N615 it traded last week. Currency traders known as Bureaux De Change operators (BDCs), who spoke to TheCable in ...
The Super Falcons on Thursday night defeated their Cameroonian counterparts 1-0 to qualify for the Semi-finals of the ongoing WAFCON and thus gaining automatic ticket for the women football world Cup. Rasheedat Ajibade scored the only goal in the 57th minute to give the Super Falcons the edge. The Super ...
