THE banking sector witnessed several policy measures in 2024 which were largely influenced by three major factors, namely the persistent rise in the inflation rate, policy measures to reform the foreign exchange market and the recapitalization programme announced for the industry. Inflation The steady rise in prices of goods and …
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THE Federal Government has declared Wednesday, December 25; Thursday, December 26; and Wednesday, January 1, 2025 as public holidays to mark Christmas, Boxing Day, and New Year celebrations. This announcement was made by the Minister of Interior, Dr. Olubunmi Tunji-Ojo, through a statement signed by the ministry’s Permanent Secretary, Magdalene …
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THE Nigeria Police Force has dismissed allegations made by Amnesty International in its report titled “Bloody August: Nigeria Government’s Violent Crackdown on #EndBadGovernance Protests,” describing the claims as false, misleading, and damaging to the image of the Force. The report, released on November 28, 2024, accused the police of extrajudicial …
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THE United States (US) President-elect, Donald Trump, has stated categorically that the CEO of Tesla Motors and social media platform, X, Elon Musk, can never occupy the country’s highest political seat. According to Trump, the reason is that the billionaire businessman was not born in the US. Newsextra24 reports that Trump’s …
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FORMER presidential candidate of the Labour Party, Peter Obi, has condemned the ban placed on sharing palliatives to the poor by the Inspector General of Police, Kayode Egbetokun, following reported stampedes. Newsextra24 reported that many Nigerians were killed in Okija, Anambra State; Ibadan, Oyo State, and in the Federal Capital Territory …
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ABIA State Governor, Alex Otti, has approved the appointment of Benson Okereke as the new Head of Service for the state. Newsextra24 reports that the latest development was contained in a press statement issued on Monday by the Secretary to the State Government, SSG, Prof. Kenneth Kalu. According to the statement, Alex …
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THE Federal Inland Revenue Service (FIRS) has announced the commencement of a fresh recruitment exercise for qualified and interested Nigerians to fill vacancies in the organization. The FIRS, in a public notice issued on Monday, 23rd December, said it is seeking experienced professionals to fill various vacancies in the service. Naija …
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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 22nd December, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira …
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THE National Drug Law Enforcement Agency (NDLEA), has arrested a businessman for an attempt to smuggle 256 wraps of cocaine into the country through Mallam Aminu Kano International Airport (MAKIA) Kano. The NDLEA Director, Media and Advocacy, Femi Babafemi said in a statement on Sunday in Abuja that the drugs …
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Retired Maj.-Gen. Godwin Osagie Abbe, a former minister of Defence during the administration of late former President Umaru Yar’Adua is dead. Abbe, was also a military Governor of Akwa Ibom, between July 31, 1988 and Sept. 5, 1990; and Rivers, Aug. 1990 and Jan. 1992 was said to have died …
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