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Naira rises to N1,555/$ in parallel market

Naira rises to N1,555/$ in parallel market

By Elizabeth Adegbesan THE Naira yesterday appreciated to N1,555 per dollar in the parallel market from N1,570 per dollar last week Friday. But the Naira depreciated to N1,512 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the Naira […]

Nigeria records $18.75bn trade surplus 

Nigeria records $18.75bn trade surplus 

•As imports, exports fall By Elizabeth Adegbesan   Nigeria recorded $18.75 billion trade surplus in the first eleven months of 2024 (11m’24). This represents a 26.4 percent year-on-year (YoY) increase when compared with $14.83 billion recorded in the corresponding period of 2023. Breakdown of the Central Bank of Nigeria, CBN, Monthly Economic Report for the review period […]

NAF air strike kills bandits, foils attack on PMF base in Katsina

NAF air strike kills bandits, foils attack on PMF base in Katsina

…As CAS orders an investigation into allegations of civilian casualty By Kingsley Omonobi Following bandits attack on a Police Mobile Force base in Zaka village, Katsina State and the killing of two Mobile police officers as well as four community vigilantes on Saturday, the Nigerian Air Force attack aircraft was scrambled to neutralize the terrorists/bandits. […]

Edwin Clark was a commendable elderstatesman – CUPP

Edwin Clark was a commendable elderstatesman – CUPP

The Coalition of United Political Parties, CUPP, has commiserated with the immediate family and all Nigerians as a whole for the loss of Chief Edwin Kiagbodo Clark who died on Monday.  In a statement signed by Comrade Mark Adebayo, National Spokesperson of the Coalition, CUPP said; “The death of Chief Edwin Clark has again cost Nigeria […]

Mohbad: OPC not involved in controversies

Mohbad: OPC not involved in controversies

The Oodua People’s Congress, OPC, has distanced itself from the prolonged controversies generated by the death of the late hip-hop artiste, Iretioluwa Aloba, also known as Mohbad. The OPC also warned that nobody should use the name of the organisation to truncate proper investigation into the death of the hip-hop star. Mohbad, a hip-hop singer […]

State of economy: Expert seeks bailouts for media, others

State of economy: Expert seeks bailouts for media, others

… as he commissions int’l consulting firm in Abuja By Joseph Erunke, Abuja A media consultant and Chief Executive Officer of Megastar Media Communications, Adeniyi Ifetayo,has called for bailout packages for the media and other industries,saying such action by the government had become necessary to cushion the effects of harsh economic realities in the country. […]

Leadership skills crucial for operational success, says GOC Ajose

Leadership skills crucial for operational success, says GOC Ajose

The General Officer Commanding (GOC), 8 Division of the Nigerian Army in Sokoto, Major General Ibikunle Ajose, emphasized on Monday that strategic leadership skills are critical for the success of military operations in the country, particularly in securing national interests.

NAN lauds Tunji-Ojo’s proposal for Paramilitary Academy

NAN lauds Tunji-Ojo’s proposal for Paramilitary Academy

The National Association of Nigerian Students, NANS, has commended the Minister of Interior, Hon. Olubunmi Tunji-Ojo, for his proposal calling for the establishment of a Paramilitary Academy to train paramilitary personnel in the country.

Grid collapses: Senate partners S-Korean firm

Grid collapses: Senate partners S-Korean firm

By Henry Umoru ABUJA- THE Senate in a move to get Nigeria out of the problems of incessant national grid collapses and epileptic power supply, is partnering with a South Korean energy firm for solutions. The move by the Senate is through the Committee on Power, led by Senator Enyinnaya Abaribe, APGA, Abia South, after […]