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Government deposits with CBN rises 46% to N24.9 trn

Government deposits with CBN rises 46% to N24.9 trn

By Elizabeth Adegbesan   Government deposits with the Central Bank of Nigeria,  CBN,   grew   by 46.9 percent year-on-year, YoY, to N24.9 trillion in 2024 from N16.94 trillion in 2023. This is contained in the recently released Financial Statement of the CBN. The growth in government deposits reflects the  increase in money supply during the review period.   Data […]

UN lauds FCT’s multisectoral approach to ending SGBV

UN lauds FCT’s multisectoral approach to ending SGBV

The United Nations has commended the Federal Capital Territory Administration (FCTA) for its multisectoral approach to ending all forms of Sexual and Gender-Based Violence (SGBV). Dr Najat M’jid, Special Representative of the UN Secretary-General on Violence against Children, gave the commendation in Abuja on Tuesday, when she visited the Awyetu Sexual Assault Referral Centre (SARC). […]

CSOs demand explanation of N234bn police uniform contract, barracks renovation, others

CSOs demand explanation of N234bn police uniform contract, barracks renovation, others

A coalition of civil society organisations (CSOs) has filed a Freedom of Information (FOI) request to the Nigeria Police Force, demanding full disclosure on the controversial N234 billion contracts including N6 billion for the procurement of police uniforms, renovation of police barracks allegedly awarded under questionable circumstances by the Inspector General of Police, Kayode Egbetokun.

Naira appreciates to N1,600/$ in parallel market

Naira appreciates to N1,600/$ in parallel market

By Elizabeth Adegbesan THE naira yesterday appreciated to N1, 600 per dollar in the parallel market from N1,610 per dollar last weekend. Similarly, the Naira recorded slight appreciation to N1,605 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria, CBN showed that the exchange rate for the […]

Police arrest killers of Diri’s in-law, monarch in Bayelsa

Police arrest killers of Diri’s in-law, monarch in Bayelsa

…Say suspected vandal of Tebedaba-Brass trunkline in custody By Samuel Oyadongha Yenagoa—The police in Bayelsa State have arrested killers of 50-year-old Odeinyefa Ogbolosingha, in-law to Governor Douye Diri and two others, the Paramount Ruler of the Kalaba Community and Chairman of the Community Development Committee, CDC, HRH Kolibo Amabelimo and Samuel Oburo in Kalaba community […]

NANS lauds presidential aide, Yusuf, for scholarship initiative

NANS lauds presidential aide, Yusuf, for scholarship initiative

The National Association of Nigerian Students (NANS), through its National Public Relations Officer, Comr. Adeyemi Samson Ajasa, has commended the Personal Assistant, Special Duties to President Bola Tinubu, Mr. Kamorudeen Yusuf, for awarding N10 million scholarship to some students.

Osinbajo to deliver keynote at NBA Yenagoa Law Week

Osinbajo to deliver keynote at NBA Yenagoa Law Week

By Emem Idio, Yenagoa Former Vice President Professor President Yemi Osinbajo, SAN, is expected to deliver the keynote at the plenary of the Law Week of the Nigerian Bar Association ,NBA, Yenagoa Branch, Bayelsa State on May 16. Addressing a press conference in Yenagoa on Monday on programmes of activities lined up for the Law […]

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