THE Chief Whip of the Senate, Senator Ali Ndume has disclosed that the presidential yacht deal included in the supplementary budget has already been signed and delivered. The lawmaker stated this during an appearance on Arise TV on Friday. Naija News recalls that the House of Representatives rejected the federal government’s …
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Why We Suspended Medical Students – Benue State University
THE Management of Benue State University (BSU), Makurdi, has said it suspended all 200- to 600-level medical students of the Institution because they were planning to destroy school facilities. Tser Vanger, Principal Assistant Registrar (Information & Public Relations) of the university, disclosed this in a statement on Thursday. The university …
Read More »BREAKING: Court Orders Unconditional Release Of Ex-CBN Governor, Emefiele
THE Federal Capital Territory High Court has ordered the unconditional and immediate release of the former Governor of the Central Bank of Nigeria, Godwin Emefiele. Justice O.A. Adeniyi made the order following an ex-parte motion filed by Emefiele. In the motion, the ex-CBN governor was seeking his release from the …
Read More »Nigeria Seeks US Partnership To Bolster Food Security
NIGERIA has sought assistance from the United States government to address critical issues affecting the country’s agricultural sector. Vice President Kashim Shettima initiated discussions during a meeting with the US Special Envoy for Global Food Security, Cary Fowler, as part of his diplomatic engagements in the United States of America …
Read More »34-year-old Man Drowns During Church Beach Hangout In Lagos
A 34-year-old man identified as John has died after drowning in the Elegushi Beach, in Lagos State, on Saturday, during a church hangout. Newsextra24 gathered that the unnamed Ikorodu-based church had organised a picnic for its youths which the late John was a part of. Newsextra24 gathered that concerns grew when …
Read More »Naira Rebounds As CBN Clears Forex Debt Backlog
THE naira has risen to N1,120 against the dollar as the foreign exchange market reacted to news that the Central Bank of Nigeria has begun to clear some of its FX backlog on Thursday. This represents an appreciation of N50 or 4.27 per cent compared to the N1,170 it traded …
Read More »Black Market Dollar To Naira Exchange Rate Today 2nd November 2023
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 1st November, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira …
Read More »BREAKING: NLC President, Joe Ajaero Arrested In Imo
IMO State Police Command operatives have arrested the President of Nigeria Labour Congress (NLC), Joe Ajaero. Trojan News Media understands that Ajaero was whisked away by the Police at the ongoing protest in Imo state. According to Vanguard, the development took place as hoodlums descended on protesters, smashing vehicles and inflicting …
Read More »Polaris Bank Loses N26bn Loans Granted To 6 Ex-directors Without Collaterals
…one ex-director with N31bn loan placed on watchlist POLARIS Bank has lost N26.005 billion worth of loans granted to 6 ex-directors, mostly without collaterals. Economy Post found from the bank’s 2022 annual report that 5 out of the six ex-directors did not perfect their collaterals before receiving the loans from …
Read More »How Elumelu’s Heirs Holdings Borrowed N41.8bn From UBA At Far Lower-than-market Interest Rate
TONY Elumelu’s Heirs Holdings got loans totalling N41.823 billion from the United Bank for Africa (UBA) at 15 percent interest rate, Economy Post has found. Elumelu is both the chairman of UBA and Heirs Holdings. He is also the founder of Tony Elumelu Foundation. Findings showed that as of December …
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