President Bola Tinubu has approved payment for the procurement of 12 attack helicopters for the Nigerian Army. The Chief of Army Staff (COAS), Lt.-Gen. Taoreed Lagbaja, made this known at the opening of the maiden Nigerian Army Aviation Seminar in Abuja Tuesday.He said that the 12 MD 530F Cayuse attack ...
Opeyemi Bamidele, majority leader of the senate, says the upper legislative chamber will screen Olayemi Cardoso, acting governor of the Central Bank of Nigeria (CBN), and deputy governor nominees on Tuesday. The deputy governor nominees are Emem Nnana Usoro, Muhammad Sani Abdullahi Dattijo, Philip Ikeazor and Bala Bello. They have ...
The naira came under intense pressure yesterday, leading to a significant depreciation as it fell to N990 to a dollar at the parallel market segment of the foreign exchange market, compared to the N950 to a dollar it traded the previous day. On the other hand, on the official Investors ...
President Bola Tinubu departs Abuja for New York, the United States, to attend the 78th edition of the United Nations General Assembly (UNGA). Briefing newsmen on the President’s itinerary ahead of the trip at the State House, Abuja yesterday, presidential spokesperson, Ajuri Ngelale, said President Tinubu is set to attend ...
With the Central Bank of Nigeria (CBN) under investigation and ‘house cleaning’, exchange rate at record high of over N950/$, arbitrage at over N200/$, runaway inflation at 25.8%, President Bola Tinubu yesterday tapped experienced former CitiBanker, Olayemi Cardoso, as new Governor at uncertain times. He surrounded Cardoso with the experienced ...
The Human Rights Writers Association of Nigeria (HURIWA) yesterday expressed worries over the recent surge in tuition fees at public tertiary institutions including the alarming increase at Obafemi Awolowo University (OAU) and the University of Lagos (UniLag). The civil society group described the rising school fees as harsh, intolerable, wicked ...
The naira, on Wednesday, depreciated to N930 per dollar at the parallel section of the foreign exchange (FX) market. The figure represents a depreciation of N25 or 2.76 percent compared to the N905 it reported on August 23. Currency traders known as Bureaux De Change operators (BDCs), who spoke to ...
The Institute for Agricultural Research (IAR), Ahmadu Bello University (ABU), Zaria, on Wednesday pledged to support the Federal Government in the recovery of Anchor Borrowers loans granted to farmers. IAR’s Executive Director, Prof. Mohammad Ishiyaku, assured of the support as he toured its Tela Maize Farmers Field at Kakangi in ...
The Minister of Education, Prof. Tahir Mamman has called for the total overhauling of the higher education system to put the universities and other tertiary institutions at par with others around the globe. Mamman made this known while declaring open the 8th edition of the “Libsense” Open Science Symposium in ...
Cultists operating in Ahoada area of Rivers State have killed and beheaded a District Police Officer, Bako Angbashim. The incident happened Friday night at Odumude Community in Ahoada East Local Government Area of the state. Bako, a respected police personnel is notable for his efforts in the fight against cultism, ...
