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CBN multiple exchange rates may increase debt burden – World Bank

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

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

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

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

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

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

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

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

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

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...