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FG Places Yahaya Bello On Watchlist

Newsextra24 earlier reported that the Economic and Financial Crimes Commission (EFCC) had asked all security agencies to place Yahaya Bello on their watch list to prevent him from leaving the country “through any land, air or sea borders.” Granting the request and circulating the EFCC directive, the Nigeria Immigration Service (NIS) in an …

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CBN Speaks On Selling Forex To BDCs At ₦1,001/$1

  THE Central Bank of Nigeria (CBN) has denied selling Foreign Exchange (FX) to Bureau De Change (BDC) operators at the rate of N1,001/$1.  Newsextra24 recalls that on April 8, the apex bank announced it sold FX to BDC operators at the rate of N1,101/$. In a post via its …

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Naira Appreciates To ₦1,060 Against US Dollar In Parallel Market

THE Naira strengthened to ₦1,060 per dollar in the parallel market yesterday, up from ₦1,105 per dollar the day before. On the other hand, the Naira reportedly weakened in the Nigerian Foreign Exchange Market (NAFEM) to ₦1,154.08 per dollar. According to data from FMDQ, the indicative exchange rate for NAFEM …

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There Is Need For Stability Within The PDP – Ologunagba

THE PDP National Publicity Secretary, Debo Ologunagba, emphasized that the party’s leadership would be considered come August 2024. “Our party emphasises the need for reconciliation and stability within the party at this time. Therefore, the issue of the National Chairman, Damagum, has been deferred to the next NEC meeting, which …

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PDP To Elect New Chairman In August

THE Peoples Democratic Party (PDP) has resolved to elect a new national chairman in August 2024, Naija News understands. This announcement follows the 98th National Executive Committee (NEC) meeting held in Abuja yesterday, at which party stakeholders decided to extend Umar Damagum’s tenure as the party’s acting national chairman. Bauchi State …

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FG Will Require ₦3.2trn To Subsidize Electricity – NERC

THE Chairman of the Nigeria Electricity Regulatory Commission (NERC), Sanusi Garba, has warned that reversing the recent electricity tariff hikes could force the Federal government to shoulder a massive ₦3.2 trillion subsidy in 2024. Newsextra24 reports that this announcement was made during a crucial stakeholders meeting convened by the House of …

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ARISE News Channel Goes Live in South Africa, Nine Other Countries

●Television station now in 54 African countries THE management of ARISE News Channel on Thursday announced the strategic arrival of the global television station in South Africa and nine other African countries. Aside South Africa, other countries where the station is now live include: Angola, Botswana, Lesotho, Malawi, Mozambique, Namibia, …

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U.S Vetoes Palestine’s Request For Full UN Membership

THE Security Council on Thursday rejected Palestine’s request for UN membership, with the United States casting a veto. In a vote of 12 in favour to one against, with two abstentions, the Council did not adopt a draft resolution that would have recommended the General Assembly to hold a vote …

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President Tinubu Approves 4 Frameworks To Enhance Education Sector

PRESIDENT Bola Tinubu has approved three frameworks towards enhancing the educational sector of the country. The framework would comprehensively overhaul the education sector to improve learning and skill development, increase enrolment and ensure the academic security of the nation’s children. Chief Ajuri Ngelale, Special Adviser to the President on Media …

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