The United Arab Emirates has restored its ban on Nigerian flights barely 48 hours after announcing resumption of flights to Nigeria. Although UAE authorities had initially fixed Wednesday, June 23, 2021, for resumption of flights to Nigeria, Emirates which is UAE flag carrier has again announced indefinite suspension of flights to Nigeria. A statement shared on the […]
Naira Crash : The Weakest For Both Official And Parallel Market Since 2017 finance experts reveal. The Naira is said to have crashed to a four-year low in the parallel market after all efforts by the Central Bank’s to coax banks to sell more Dollars to customers failed to bridge the widening gap between the […]
CBN – Abuse Nigerian Currency Go To Jail says the Central Bank of Nigeria to all and sundry as the power house expresses displeasure at the rate of naira abuse. The financial power house has expressed displeasure at the rate at which Nigerians and non – citizens ‘mutilate, deface, squeeze and even spray and sell’ […]
Nigerians on Twitter have expressed displeasure following the new IMEI Number submission directive given by the NCC. The citizens upon reacting to the latest move by the NCC and Government stated that the demands of the government is too much information to ask from the citizens . Some users also responded by saying it’s a […]
The Lower Chamber Of The National Assembly is reportedly set to legalize the use of indian hemp in nigeria for economic benefit. The spokesperson of the House of Representatives, Benjamin Okezie Kalu, announced this at a press conference on the benefits and opportunities of Cannabis in Akure, Ondo state. According to Kalu, the House of Representatives has […]
Nigeria yesterday suffered total blackout in some parts of the country following the collapse of the national power grid. According to reports, the Power generation dropped to 260 megawatts and from the real-time power grid records by the Independent System Operations (ISO) section of the Transmission Company of Nigeria (TCN), showed that none of the […]
Nigerian president Muhammadu Buhari has requested for the relocation of the US Command Africa Headquarters ( AFRICOM ) from Germany. President Buhari made the request during a virtual meeting with the US secretary of states – Anthony Blinken on Tuesday. AFRICOM whose headquarters is located in stuttgart germany, is one of the 11 Department of […]
The Green Chamber on Tuesday during an executive session that lasted for Four hours , has pleaded and advised president Buhari to declare a state of emergency over the Insecurity issues in the country. The law makers also passed a resolution to invite Mohammed Monguno, National security advisers, service chiefs and paramilitary chiefs to appear […]
The Federal republic of nigeria at the inaugural Chandler Good Governance Index launched on Monday (26th April 2021) in Singapore ranked third worst in Global Good Governance Index. The ranking was done based on 34 indicators that are Organised into 7 pillars. They are – • Leadership and Foresight • Strong institutions • Robust laws […]
Nigeria has been excluded from the list of 28 countries granted debt pardon by the Executive Board of the International Monetary Fund (IMF). The Board has reportedly approved a third tranche of grants for debt service relief for 28 member countries under the Catastrophe Containment and Relief Trust (CCRT). This approval followed two prior tranches […]