The Nigeria Labour Congress (NLC) says it will embark on a nationwide mass rally on Tuesday February 4, 2025, in protest of the 50% telecom tariff increase recently approved by the Nigerian Communications Commission (NCC). According to a communique signed by the NLC president, Joe Ajaero on Wednesday, the decision was taken at an emergency…
Nigeria has secured a $1.1 billion loan from the African Development Bank (AfDB) for the provision of electricity for 5 million people by the end of 2026. According to Bayo Onanuga, Special Adviser to the President, (Information & Strategy), President Bola Tinubu made this known in a speech presented by Adebayo Adelabu, Minister of Power,…
The Governor of the Central Bank, Olayemi Cardoso has announced that forensic verification to clear all pending foreign exchange backlogs is now completed and payments will commence soon. During the launch of the foreign exchange code, Cardoso lamented how it took the bank over twelve months to clear the $7 billion foreign exchange backlog in…
The Naira has appreciated to N1,640 per dollar in the parallel market from N1,655 per dollar on Monday. According to data published by the Central Bank of Nigeria (CBN) showed that the exchange rate for the Nigerian Foreign Exchange Market (NFEM) fell to N1,526.3 per dollar from N1,533.5 per dollar on Monday, indicating N7.2 appreciation…
Response Began: 4:00 PM, January 28, 2025Operation Concluded: 5:43 AM, January 29, 2025 After an extensive search and rescue operation, we regret to confirm:– 2 fatalities: A 15-year-old boy and an adult male.– 6 survivors: Successfully rescued and treated by medical teams. The compromised structure has been completely demolished to prevent any further risks. Search…
The leadership of the Yoruba socio-cultural group, Afenifere, has called on President Bola Tinubu to forthwith release the detained leader of the Indigenous People of Biafra, Nnamdi Kanu. The group in a communique on Tuesday said the fair hearing of the separatist leader may no longer be guaranteed due to controversial and conflicting legal proceedings…
The Debt Management Office (DMO) has said President Tinubu inherited a total of N87.38 trillion debt upon assumption of office. President Tinubu took office on May 29, 2023. The DMO revealed the above in a bid to clarify recent media reports claiming that President Bola Tinubu inherited N21 trillion in public debt which rose to…
The Federal Government says it deported 828 illegal immigrants in 2024 as part of its intensified efforts to combat irregular migration and enhance national security. The Minister of Interior, Olubunmi Tunji-Ojo, disclosed this at a media parley in Abuja on Tuesday. Highlighting the government’s achievements, the minister stated, “In the last one year, 137 victims…
Nigerians are mounting a resolute challenge to the contentious 50% increase in call and data tariffs, with telecom subscribers and advocacy groups escalating the matter to the courts following unsuccessful attempts to engage the Nigerian Communications Commission. The National Association of Telecommunications Subscribers declared its intention to initiate legal proceedings against the telecom regulator on…
About 3,690 Nigerians in the United States are faced with deportation as Trump crackdown on illegal immigrants in the country. In the document compiled by US Immigration and Customs Enforcement, Enforcement and Removal Operations and sighted by our correspondent on Tuesday, the agency revealed the data is broken down by nationality and number of people…
