as supply outstrips demand on CBN EFEMS The naira recorded a huge gain against the US dollar at the parallel market, hitting N1640/$1, at the close of business on Wednesday, December 4, 2024. This represents a 5.2% or N90 gain against the dollar when compared to the N1730 that was recorded the previous …
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THE Nigeria Customs Service, Port Terminal Multiservices Limited Command, has announced the integration of 25 banks into the B’Odogwu platform to address delays in transaction processes and other challenges being faced during cargo clearance at the ports. Speaking at a press conference on Wednesday, the PTML Customs Area Controller, …
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NIGERIA’s First Lady, Senator Oluremi Tinubu, will receive an honorary doctorate degree from Obafemi Awolowo University (OAU), Ile-Ife, alongside four other distinguished personalities during its 48th convocation ceremony on December 14. The other honorees include: Dr. Akinade Ogunbiyi, Chairman of Mutual Benefit Plc, Professor Anthony Adegbulugbe, Karl Toriola, CEO of …
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THE Federal Government has fired some civil servants with degrees from private tertiary institutions in Benin Republic and Togo. According to a report by The PUNCH, the directive affected federal workers who graduated from the institutions from 2017 to date. The Director of Information and Public Relations in the Office …
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NETUMBO Nandi-Ndaitwah has made history as Namibia’s first female president, securing a decisive victory in the country’s recent elections. The 72-year-old leader of the ruling SWAPO party won with nearly 57 percent of valid votes, as confirmed by the Electoral Commission of Namibia on Tuesday. Her win extends SWAPO’s 34-year grip …
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IN a landmark for Namibia and Africa, Netumbo Nandi-Ndaitwah has become Namibia’s first female president, securing 57 percent of valid votes. Her historic election reinforces the growing presence of women in African leadership and adds to a list of 24 trailblazing African women who have risen to the highest offices in their …
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A PROMINENT Niger civil society leader and staunch critic of the military-led government, Moussa Tchangari, has been arrested after returning from a trip abroad. His detention, which occurred late on Tuesday, comes amid his vocal opposition to the military junta that took power following the July 2023 coup. Tchangari, the …
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French nuclear fuels company Orano confirmed on Wednesday that Nigerien authorities had taken control of its Somair uranium mine, as the military-led government continues its crackdown on foreign investors in the West African nation. In a statement, Orano, which holds a 63 percent stake in the Somair mine, revealed that …
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PRESIDENT Bola Tinubu on Thursday congratulated Abdulkabir Aliu, founder and CEO of Matrix Energy Group, on his 50th birthday on Dec. 5. “This significant milestone not only commemorates Aliu’s personal journey but also highlights his remarkable contributions to the energy sector and his profound impact on fostering economic growth and …
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Netflix has finally broken its silence over its alleged exit from Nigeria. Newsextra24 reports that there are speculations that Netflix has exited the Nigeria market due to the country’s economic challenges, as well as regulatory pressures. Reacting to the viral reports, Netflix in a statement sent to TechCabal, stated …
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