CBN returns BDCs to forex market with new rule

The Central Bank of Nigeria (CBN) yesterday returned Bureaux De Change (BDCs) to the foreign exchange market, with new guidelines on their operations. In a circular to BDCs signed by CBN Director, Trade and Exchange Department, O.S Nnaji, titled: “Operational Mechanism for Bureau De Change Operations in Nigeria”, the apex bank said the guidelines were […]

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Gas will play primary role in Nigeria’s economic reconstruction – Tinubu

• Says sector being positioned to attract FDIs, for youth empowerment • Meets board, management of NLNG in the Villa President Bola Tinubu, on Friday, pledged his administration’s commitment to leveraging the nation’s massive gas resources to achieve the fundamental restructuring of the nation’s economy for expansive growth during his tenure. He gave the pledge […]

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How Lateef Adedimeji broke his leg while filming Jagun Jagun, wife reveals

Oyebade Adebimpe, Nollywood actress and wife of Nollywood actor, Lateef Adedimeji, has revealed that the actor broke his leg on the first day of shoot for Femi Adebayo’s film, ‘Jagun Jagun.’ Mo Bimpe made this revelation recently while hailing the actor for his acting prowess. The actress noted that when the incident happened she thought […]

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Naira gains about 15% as dealers dump dollar, count losses

• Local currency trades at N820/$ in Lagos, Abuja Naira inched close to a 15 per cent gain against dollar in the parallel market within a week, trading around N820/$ in Lagos and Abuja yesterday evening. Reliable sources said that traders at major market clusters were hurriedly dumping dollars close to the weekend as fear […]

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PANDEF urges Tinubu to address omission of Niger Delta Ministry

The Pan Niger Delta Forum (PANDEF) has asked President Bola Ahmed Tinubu to urgently clarify the omission of the Ministry of Niger Delta. It was gathered from sources in the presidency that the Ministry of Niger Delta was scrapped by the President because there is also the Niger Delta Development Commission (NDDC). It was further […]

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Gowon extols Clark as bridge builder in post-Civil War Nigeria

– Clark is Iroko of South-South, Eagle of the Nation: Tinubu Former Head of State, General Dr. Yakubu Gowon (Retd) has described Chief Edwin Clark as one of the greatest Nigerians who made efforts to bring about genuine reconciliation between the North and South after the Nigerian Civil War. Speaking as Chairman at the public […]

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Basiru warns APC members against anti-party activities

The National Secretary of the All Progressives Congress (APC), Senator Ajibola Basiru on Saturday advised members of the party who are tired of the party to leave instead of staying and working against the party. He gave the advice while addressing members of the party in Osun who came to welcome him after his elevation […]

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Osun assembly summons consultant over staff audit at UNIOSUN

Osun State Governor Ademola Adeleke – Allegations against me are not true: Consultant Following a protest by the academic staff of the University of Osun last Friday, the state House of Assembly has invited the consultant handling the ongoing staff audit in the state, Mrs. Sa’adat Bakrin-Ottun. She is to explain what transpired that caused […]

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Why young career-first women are increasingly becoming apprehensive of uterine fibroids

With research reports showing that uterine fibroids are common in women aged 30 years and above amid growing cases of infertility, women who are desirous of reaching certain levels in their careers before having children are increasingly becoming apprehensive. Many gynaecologists, however, maintain that fibroids don’t cause infertility; nevertheless, they encourage healthy lifestyle and regular […]

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Benue, Delta lead states without clear palliative plans

• ‘We’re working out something good for our people’ • Residents score Lagos, Rivers’ initiatives low, make demands Notwithstanding last Thursday’s approval of N5 billion for each of the 36 states of the federation by the Federal Government for procurement of food items and fertilisers as part of efforts to alleviate the sufferings occasioned by […]

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