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The Central Bank of Nigeria CBN, has blamed the free-fall of the naira on the huge sum of $40 billion spent by Nigerians on foreign education and medical tourism in the last 10 years. The CBN Governor Mr. Olayemi Cardoso made this clarification while giving insight into the constant depreciation of the value of the Naira as against the United States Dollar, creating a volatile exchange rate for the country. […]
The Labour Party, LP, has appealed to the Federal Government to work out modalities in reducing the hardship being faced by poor Nigerians. This is contained in a statement signed by the National Publicity Secretary of the Party, Mr. Obiora Ifoh in Abuja The statement which was borne out of today's protests by women and youths in Niger state as a result of the hardship explains that millions of Nigerians […]
The new Executive Secretary, Nigeria Christian Pilgrim Commission, NCPC, Bishop Stephen Adegbite has solicited the support of staff and stakeholders in reposition the commission. Addressing staff, religious leaders and stakeholders on assumption of office as the fourth substantive executive secretary of NCPC at the commission's headquarters in Abuja, Bishop Adegbite appreciated his predecessors for contributing their quota to the development of pilgrimage. He charged the staff to do their best […]
The Federal Capital Territory Administration has promised to revisit all awarded but abandoned road projects in satellites and rural communities of the territory. Minister of FCT, Mr Nyesom Wike who made the promise during the flag off of the 5km dualization carriage way in Kuje Area Council, stressed that government is a continuum, and no awarded contract should be left fallow. The 5km carriage way will begin from the Tipper […]
To address terrorism bedevilling the country, the Minister of State for Defence, Bello Matawalle is participating in the Second Meeting of the Islamic Military Counter Terrorism Coalition (IMCTC) Defence Ministers' Council in Riyadh, Saudi Arabia. According to a statement in Abuja by the Director of Information, Press and Public Relations, of the Ministry, Henshaw Ogubike, the meeting, chaired by Prince Khalid bin Salman bin Abdulaziz Al Sa'ad, aims to strengthen […]
To further strengthen Nigeria's security architecture, the National Agency for Science and Engineering Infrastructure, NASENI is partnering the Nigeria Police Force to revolutionize and enhance management of police workshops nationwide. Signing the partnership agreement at the Force Headquarters in Abuja, the Executive Vice Chairman of NASENI, Khalil Halilu, highlighted the critical role of the Nigeria Police in ensuring the safety of lives and property. He further emphasized the need to […]
Minister of Solid Minerals Development, Dr. Dele Alake has described the United States as Nigeria’s longstanding ally and strategic partner for the nation’s mining sector development. Dr. Alake stated this when he hosted the Charge d'Affairs, US Embassy, David Greene in his office in Abuja. Alake lauded the United States’ commitment to fostering cooperation with Nigeria in diverse sectors of the economy, stating that it underscores the significance of the […]
FCT Minister, Mr Nyesom Wike has given stern warning to directors overseeing rural road projects not to delay any file pertaining to rural road construction. Mr Wike who gave the warning in Abuja when he flagged off commencement of the 7.2 km Tokulo- Kaima - road in Bwari Area Council, said emergency construction of rural roads is targeted at fast tracking development and minimize rural- urban drift in the territory. […]
Former Malaysian prime minister Najib Razak's 12-year jail sentence for corruption has been halved by the country's pardons board. Jailed in 2022 for stealing national funds, he will be released in August 2028, the board said. Najib, who served from 2009 to 2018, was convicted in 2020 as part of the 1MDB scandal. That is related to the embezzlement of Malaysia's state-owned wealth fund 1Malaysia Development Berhad. The fine imposed […]
