200,000 Nigerians are set to receive cash from the Federal Government. The beneficiaries are urban poor senior citizens that do not have access to regular income and are impacted by COVID-19. Iorwa Apera, Coordinator, National Social Safety Net Programme, made the announcement yesterday in Abuja. The Ministry of Humanitarian Affairs […]
The Central Bank of Nigeria, CBN, has ordered Deposit Money Banks, DMBs to sell foreign exchange (FX) to customers. CBN disclosed this in a letter to all banks reminding them to set up teller points at designated branches across the country to fulfil legitimate FX requests by customers. The regulator, […]
The Central Bank of Nigeria (CBN) says it has stopped forex sales to Bureau De Change (BDC) operators in the country. Godwin Emefiele, governor of the apex bank, announced this at the end of the monetary policy committee’s meeting in Abuja today. Emefiele said BDC operators have become a conduit […]
The Lagos chapter of the National Union of Road Transport Workers, locally called agberos, generates about N123.08bn annually, which could service the annual budget of Nasarawa, Niger, and Yobe states put together, a statistical report by the International Centre for Investigative Report has shown. The data, which was released yesterday, […]
Princess Ronke Ademiluyi, CEO of Adire Oodua Textile Hub has adopted a creative approach in her adire awareness campaign with a special branding of the Bentley of Ooni Adeyeye Enitan Ogunwusi, which has continued to turn heads in Ife and beyond. Established in February 2021 under the Chairman of Ooni […]
Afropop singer and award-winning songwriter, Yemi Alade rejoices as she becomes the latest ambassador of a luxury beauty product brand, Lush Hair Nigeria. The Johnny crooner who could not hold back her joy took to Instagram to emphasize how it has been her dream to bring hair extensions to her […]
The federal government says at least 20,000 workers will be recruited to work on the Kaduna-Kano rail project. Rotimi Amaechi, minister of transportation, made this known at the ground breaking ceremony of the Kano-Kaduna railway line in Kano yesterday. He said President Muhammadu Buhari had instructed that the rail project […]
The popular spare parts market in Ladipo area of Lagos has been shut by traders, following a shooting incident allegedly involving officers of the Nigerian Air Force (NAF). Some persons were allegedly killed on Tuesday, when soldiers reportedly arrived the market. There are conflicting reports on what led to the […]
Timipre Sylva, minister of state for petroleum resources, says petrol subsidy will be removed after President Muhammadu Buhari signs the Petroleum Industry Bill (PIB) into law. The senate passed the PIB on July 1. Sylva said this yesterday in Abuja at a media briefing to mark Nigeria/Organisation of Petroleum Exporting […]
Osubi Airport, Warri, Delta state, has resumed commercial flight operations after a 17-month closure. The airport was shutdown in February 2020 following controversies between aviation service providers and Shoreline Oil Services Limited, the operator of the airport, over alleged debt and mismanagement. In March 2021, the federal government approved the […]
