FG to Unbundle Unity Colleges

THE Federal Government says the 115 Federal Unity Colleges (FUCs) in the country will soon be unbundled into basic and secondary schools. The Minister of State for Education, Dr Yusuf Sununu made this known during the opening of the Annual General Meeting of Principals of Unity Colleges in Abuja on …

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Canada’s Inflation Rate Drops to 2%

  INFLATION in Canada dropped to two per cent in August, hitting the target set by the country’s central bank and marking its slowest increase since February 2021. Statistics Canada announced this in a statement on Tuesday, September 17, 2024. The easing was due in part to lower gas prices, …

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Resumption: Oyo Gov’t Bans Meetings During School Hours

THE Oyo State Government has banned any form of meeting by Head Teachers or teachers, during school hours, within or outside any public school premises. The Chairman, Oyo State Universal Basic Education Board, Dr. Nureni Aderemi Adeniran, made this known today while monitoring schools resumption in Ibadan today. Adeniran said …

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FG, States, LGCs Share N1.203 trillion August 2024 Revenue

A total sum of N 1.203 trillion August 2024 Federation Accounts Revenue has been shared to the Federal Government, States and Local Government Councils in the country. The revenue distribution was announced at the September 2024 meeting of the Federation Accounts Allocation Committee (FAAC), in Abuja. The N1.203 trillion total …

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CBN Maintains FG’s Ways and Means Loan at 5%

THE Central Bank of Nigeria said it will maintain its Ways and Means advances to the federal government at a 5 percent maximum benchmark for the 2024-2025 fiscal year. The apex bank disclosed this in a document titled, ‘Monetary, credit, foreign trade, and exchange policy guidelines for the fiscal years …

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Guinea Restores Land to Evictees After Decades of Injustice

Guinea has taken a significant step in addressing decades of displacement by handing over land to thousands of citizens who were forcibly evicted during previous regimes. This restitution comes after a long battle for justice, with many victims waiting over 25 years for compensation. The mass evictions occurred under two …

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