The Central Bank of Nigeria (CBN) yesterday said it was not planning to amend the Foreign Exchange Act or recommend jail term for anyone that holds the dollar for more than 30 days.
Acting Director, Corporate Communications Department, Mr. Isaac Okoroafor stated this in a statement issued yesterday in response to a report by Reuters titled: “Nigeria considers foreign exchange reforms as dollar shortages bite”.

As the world yesterday marked World Universal Children’s Day, the United Nations Children’s Fund, UNICEF, has urged countries to protect the rights of every child in the world.

I sat down as a minister and the first thing I kept getting were these requests from people who wanted to travel out of the country, and to me it is like a racket

With an aim to make the Access Bank/Lagos Marathon a sought after international event, Lagos State governor, Mr. Akinwumi Ambode has taken over the running of the 2017 edition of the race fixed for February 11, 2017.

Striker Asisat Oshoala has warned their Africa Women Cup of Nations opponents to show some respect to the Super Falcons as they are still the best in the continent.

The Federal Government recently approved the establishment of eight more universities in the country. Since former President Olusegun Obasanjo approved the pioneer three private universities – Babcock, Igbinedion and Madonna – every successive president has done the same.

The Federal Airports Authority of Nigeria, FAAN , is to review existing toll payment at Nigerian airports, just as Senate vows to deal with aviation fuel cartel.

Many homes and schools in Nigeria lack safe, private toilets and hand-washing facilities. This affects enrolment and performance, particularly for girls

Delta State House of Assembly has urged the state governor, Dr Ifeanyi Okowa, to direct the Director-General of the state Traffic Management Agency, DESTMA, to urgently liaise with the Federal Road Safety Corps, FRSC, and all other relevant agencies to clear all broken down vehicles and trucks from the highways in the state, to check the increasing cases of accidents and loss of lives.

THE 326 councillors in Anambra State, who were recently disengaged by the state government, have threatened to drag Governor Willie Obiano to court over their unpayed entitlements amounting to about N3.6 billion.