Economy

Naira Falls Against Dollar in Official and Black Markets on Friday

Mfon Ekanem - August 31, 2024

The naira faced a significant decline against the dollar at both the official and parallel foreign exchange markets, ending the week on a negative note. According to data from the FMDQ, the naira depreciated to N1598.56 per dollar on Friday,...

Economy

Arewa youths resist calls to remove NMDPRA boss over toxic fuel import allegations

Emeka Udeh - August 31, 2024

The recent clash between the Arewa Youth Assembly and the Coalition of Northern Youths Organization has stirred significant controversy. The dispute centers around a call for the dismissal of Engr. Farouk Ahmed, the Chief Executive Officer of the Nigerian...

Business

Rewane: Tinubu’s $1 Trillion Economic Goal for Nigeria Is Unachievable

Emeka Udeh - August 31, 2024

Bismarck Rewane, a renowned economist and the Chief Executive Officer of Financial Derivatives, has expressed skepticism about Nigeria’s goal of reaching a $1 trillion economy under President Bola Ahmed Tinubu. According to Rewane, this ambitious target is unlikely to...

Business

Ajaero attends police invitation with Falana and other supporters.

Emeka Udeh - August 29, 2024

President of the Nigerian Labour Congress (NLC), Joe Ajaero, was seen leaving the Labour House in Abuja on Thursday morning, as he headed to the police station to honor an invitation by the Nigerian police. This development comes against a...

Economy

Senate Slams NNPCL, FIRS, Police, and Others Over Refusal to Respond to Audit Queries

A Effanga - August 13, 2024

The Nigerian Senate, through its Committee on Public Accounts, has expressed deep frustration over the refusal of several key government agencies to respond to audit queries raised against them in the 2019 Audit report. This refusal, the Senate insists,...

Economy

Days of Rage: Frustrated Nigerians vow to protest as hardships increase

A Effanga - July 31, 2024

The economic and social climate in Nigeria has reached a boiling point, with citizens expressing mounting frustration over the nation's worsening conditions. "We are protesting because we are hungry," Nigerian activist Banwo Olagokun explained to the BBC. As part of...

Governance

FEC Directs Sale of Nigeria’s Crude Oil to Dangote, Other Local Refineries in Naira

Abbah Umar - July 30, 2024

In a significant move aimed at bolstering the local economy, the Federal Executive Council (FEC) has directed that Nigeria's crude oil be sold to Dangote and other local refineries in naira. This decision marks a pivotal shift in the...

Economy

FG declares planned hunger protests are no longer necessary.

Abbah Umar - July 29, 2024

The Federal Government has declared that there is no longer a need for the nationwide hunger protests scheduled from August 1 to 10, 2024. This announcement was made by the Minister of Information and National Orientation, Mohammed Idris, during...

Economy

On August 1: Rally for demonstration, God will fulfill Tinubu’s revolutionary prayers – Sowore urges Christians.

Emeka Udeh - July 29, 2024

Popular activist Omoyele Sowore urged Christians to mobilize their church members for a nationwide protest scheduled for August 1. Sowore encouraged them to join the demonstration against the government's policies and actions. In a post on his X page, Sowore...

Economy

ACF Opposes Nationwide Demonstrations

Emeka Udeh - July 29, 2024

The Arewa Consultative Forum (ACF) in Kwara State has made a heartfelt appeal to all Nigerians, urging them to shun the planned protest against the Federal Government scheduled for August 1, 2024. The appeal was voiced by the Chairman...

1 234...9 Page 3 of 9

- Advertisement -