CBN injects $876m into forex market to enhance liquidity

In the latest testament to the Central Bank of Nigeria’s (CBN) ongoing commitment to support the proper functioning of the foreign exchange market by enhancing liquidity when necessary, the apex bank offered $876 million to fulfill bids submitted by customers at an auction concluded on Wednesday, August 7, 2024. In line with its pledge to […]

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Osun varsity seeks priority for digital competence development to improve global economy

The Vice-Chancellor of Osun State University, Prof Clement Adebooye, has urged tertiary institutions to prioritise the development of digital competencies among students for the country to thrive in increasingly AI-driven global markets. He took charge of the 2024 Entrepreneurship Studies and Innovation Training Programme held at the University of Osogbo. Adebooye affirmed, “By building digital […]

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Presidency says trending video of Tinubu begging Nigerians old

The Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onauga, has claimed that a video showing the president appealing to Nigerians to be patient with his government is old. The State House reportedly shared the video on X.com on Wednesday, passing it as new. It was posted on Tinubu and the Presidency’s […]

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EFCC quizzes Ogun officials over govt funds

The Economic and Financial Crimes Commission, Ibadan Zonal office, on Tuesday, reportedly invited some officials of the Ogun State government in connection with an ongoing investigation. The Head of Media and Publicity of the EFCC, Dele Oyewale, confirmed the development in a phone conversation with The Punch on Wednesday. ‘’I just called our Ibadan zonal […]

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Crude crisis: N’Assembly set to probe NNPC, Dangote refinery

Managing Director and Group Chief Executive Officer, NNPCL, Mele Kyari The Senate has questioned the $1.5bn approved in 2021 for the turn-around maintenance of the Port Harcourt Refining and Petrochemical Company with little or no result. It also vowed to probe allegations of sabotage to the supply of crude oil to domestic refineries, as the […]

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Hunger protest loses steam as DSS grills seven foreigners

Protesters during Day Six of the #EndBadGovernanceInNigeria protest in Port Harcourt on Tuesday. Credit: NAN The hunger protests, that rocked the country, especially the northern part, from last Thursday, appear to have lost steam following the police crackdown on the organisers and protesters, many of whom have been detained. Some of the #EndBadGovernance protest leaders […]

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Fuel imports gulp N2tn monthly – Tinubu

President Bola Tinubu has disclosed that the country spends N2tn monthly to import petrol and diesel. He stated this during his recent nationwide broadcast to Nigerians. According to the President, despite Nigeria’s abundant oil and gas resources, his administration met a country that was dependent only on oil, neglecting its gas resources while subsidising the […]

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Politicians feeding fat, asking Nigerians to sacrifice – Bakare

The Serving Overseer of the Citadel Global Community Church, Pastor Tunde Bakare, said on Wednesday that Nigerian politicians were not living lean or sacrificing like the rest of the citizens whom they asked to sacrifice for the country by enduring economic hardship. The cleric and politician said this at the Wilson and Yinka Badejo Memorial […]

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Labour kicks as security operatives raid Abuja NLC secretariat

Security operatives, believed to be from the Department of State Services and the Nigeria Police Force raided the Abuja head office of the Nigeria Labour Congress, NLC,  on Wednesday night. The NLC in a statement by its spokesperson Benson Upah, late on Wednesday, confirmed that the operatives arrested the security guards, forcing them to hand […]

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Oyo TESCOM releases CBT results

Oyo State Governor Seyi Makinde fixes cut-off mark, interview timetable Oyo State Post-Primary Teaching Service Commission, TESCOM, released the computer-based test results, saying about 9,000 candidates passed. This was disclosed by the Chairman of the Commission, Pastor Akinade Alamu, in a statement made available to the journalists on Tuesday in Ibadan. In the statement, he […]

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