THE three tiers of government in Nigeria—federal, state, and local governments—received a total of ₦1.2 trillion from the Federation Account Allocation Committee (FAAC) for April 2024. This was made known on Thursday in a statement issued by the director of press and public relations in the office of the accountant-general …
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Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 17th May 2024
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to Naira exchange rate for 16th May, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira …
Read More »Bill On Wildlife Management, Conservation Scales 2nd Reading
A bill for an act to provide for the Conservation and Management of Nigeria’s Wildlife on Thursday scaled second reading in the House of Representatives. This followed the presentation of the general principles of the bill by the sponsor, Rep. Terseer Ugbor, at plenary. Presenting the bill, Ugbor said that …
Read More »Edo Election: INEC Fixes May 27 To Start Distribution Of PVCs
THE Independent National Electoral Commission (INEC) in Edo will begin the distribution of about 373,030 uncollected Permanent Voter Cards (PVCs) on May 27. The state Resident Electoral Commissioner (REC), Dr Anugbum Onuoha, made this known in Benin on Thursday during a stakeholders’ meeting on the forthcoming Continuous Voter Registration (CVR) …
Read More »Ebonyi: FG Seeks Robust Enlightenment On NOMA Disease
THE Federal Government has urged relevant stakeholders in the health sector to adequately enlighten the populace, especially rural dwellers, on the prevalence of the NOMA disease. The News Agency of Nigeria (NAN) reports that the disease also called cancrum oris or gangrenous stomatitis, affects malnourished children below six years and …
Read More »NGX Equity Market Rebounds By N467bn
THE Nigerian Exchange Ltd. (NGX) on Thursday posted a first week gain with the market capitalisation rebounding by N467 billion, amid renewed interests by investors. Specifically, the market capitalisation which opened at N55,058 trillion, gained N467 billion or 0.84 per cent, to close at N55,525 trillion. The All-Share Index also …
Read More »FG Targets 22,000 Business Owners In Kogi for Conditional Grant Scheme
THE Federal Government has targeted 22,000 business owners in Kogi for its N50,000 grant under the Presidential Conditional Grant Scheme (PCGS) to boost Micro, Small and Medium Enterprises (MSMEs). The Managing Director, Kogi Enterprise Development Agency (KEDA), Mr Muhammed Okeji, said this at the enrolment for the programme on Thursday …
Read More »Academy Inducts NASRDA Scientist, 8 Others
THE Nigerian Academy of Science (NAS) has inducted nine scientists as Fellows of the academy to propagate science knowledge across the country. Its President, Prof. Ekanem Braide, said this in Abuja on Thursday at the Induction of Fellows and Public Lecture titled “Kicking Sexual Harassment out of Higher Education Institutions: …
Read More »Forex crisis: Why We Granted 14 IMTOs Approval On FX Remittance – CBN
THE Central Bank of Nigeria (CBN) has said that it has granted 14 new International Money Transfer Operators, IMTOs Approval-in-Principle (AIP) to double foreign-currency remittance inflows through formal channels amid foreign currency crisis. Hakama Sidi Ali, CBN’s Acting Director of Corporate Communications, disclosed this in a statement on Wednesday. According …
Read More »‘I Spend Large Percentage Of My Earnings On Charity’ – Burna Boy
GRAMMY-winning Nigerian singer, Damini Ogulu, aka Burna Boy, has claimed that he spends a large percentage of his music earnings on charitable work but doesn’t broadcast it online. He said what he spent on acquiring luxurious cars and jewelry are the “least” of his earnings, claiming that he spends the …
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