Headline
CBN multiple exchange rates may increase debt burden – World Bank
Folasade OgunrindeJun 01, 2023
The President of the World Bank Group, David Malpass, has warned that Nigeria’s parallel exchange rate is harmful as it worsens future debt service payments and...
PEPT steps down Obi, Labour Party` petition over inconsistencies
Folasade OgunrindeJun 01, 2023
The Presidential Election Petition Court has stepped down hearing in the petition filed by Peter Obi and the Labour Party against the election of President Bola Tinubu....
US House passes debt limit deal as lawmakers race to avert default
Folasade OgunrindeJun 01, 2023
The U.S. House of Representatives voted overwhelmingly on Wednesday to pass a bill to suspend the nation’s debt limit through January 1, 2025, as lawmakers race to...
Deadly Russian missile attack hits Kyiv, three people confirmed dead
Folasade OgunrindeJun 01, 2023
The regional police in Kyiv say three people, including an 11-year-old girl died in a new night-time missile attack Ukraine’s capital city has been regularly...
NASA UFO team holds first public meeting on unexplained sightings
Folasade OgunrindeJun 01, 2023
The National Aeronautics and Space Administration (NASA) has held its first public meeting on UFOs officially referred to as “unidentified aerial phenomena”...
Lagos ban on RTEAN, NURTW: NLC, TUC protest at Govt House
Folasade OgunrindeJun 01, 2023
Leaders of the Nigeria Labour Congress, NLC, and Trade Union Congress of Nigeria, TUC, yesterday, stormed the Lagos State Government House, in Alausa, protesting the...
Fuel Subsidy: FG, Labour leaders’ meeting ends in deadlock
Folasade OgunrindeJun 01, 2023
The meeting between the organised labour and the federal government representatives at the State House, Abuja, on the removal of subsidy on fuel ended in a stalemate as...
Fuel scarcity: Gov Namadi sets up monitoring committee in Jigawa
Folasade OgunrindeJun 01, 2023
Jigawa State Governor, Umar Namadi, has approved the setting-up of 12-man taskforce committee on Petroleum Monitoring and Distribution in the State. The Head of Civil...
Oil rises on potential U.S. rate hike pause, debt bill passing
Folasade OgunrindeJun 01, 2023
Oil prices rose on Thursday, reversing earlier losses, as a potential pause in U.S. interest rate hikes and the debt ceiling bill passing a crucial vote renewed optimism...
NAPTIP Dismisses 5, Demotes 2 Other Officers Over Gross Misconduct
Emeka AmakorMay 31, 2023
In keeping with its zero tolerance for anti-social behaviour which belie the provisions of the Public Service Rules and other extant laws and regulations, the National...