By Elizabeth Adegbesan The Naira yesterday appreciated to N1,515 per dollar in the parallel market from N1,518 per dollar on Tuesday. Similarly, the Naira appreciated to N1,486.8 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 naira fell to […]

The newspaper also reported that the Nigerian government has renewed its call for a permanent seat at the UN Security Council.

….As state opens 42 IDP camps By Boluwaji Obahopo Lokoja—Executive Secretary of Kogi State Emergency Management Agency, Mouktar Atima, has said floods have completely submerged Ibaji Local Government Area of the state, warning communities along the river bank to immediately relocate to safer grounds. The SEMA boss, who led the Emergency Response and Critical team […]

By Godwin Oritse  The Managing Director of the Nigerian Ports Authority (NPA), Dr Abubakar Dantsoho, has said the authority is working to build a globally competitive port system that will enhance trade facilitation, attract Foreign Direct Investment (FDI), and boost investor confidence in Nigeria’s economic future. Dantsoho disclosed this while delivering a paper titled, “Optimising […]

The Financial Reporting Council of Nigeria (FRC) has reaffirmed its commitment to working with civil society organizations (CSOs) to strengthen accountability, transparency, and compliance with financial reporting, corporate governance, and sustainability standards across the country.

Emma Ujah, Abuja Bureau Chief & Favour Isaac As the Yuletide sets in, the Central Bank of Nigeria (CBN) has warned Nigerians against naira abuse and the hoarding of the currency. The CBN, in Abuja yesterday flag off the campaign against the mal handling of naira as it increases the costs of maintaining the currency. Deputy […]

•Directs PFAs to report contributions above $10,000 By Rosemary Iwunze As the pension fund continues to grow, hitting N24.6 trillion by June 2025, Pension Fund Administrators, PFAs, now have authorisation to invest part of the funds in foreign currency-denominated instruments. PenCom also directed all PFAs and Pension Fund Custodians (PFCs) to report foreign currency pension […]

By Emma Una CALABAR—A Junior Secondary School student in Ugboro Secondary School in Bekwara Local Government Area of Cross River State, identified as Ogbeche has hacked a 23-year old man to death. The incident happened in Ugboro at the close of school on Tuesday, when Ogbeche and another student whose name was given as Nicholas […]

By Akpokona Omafuaire, Ochuko Akuopha ASABA—INDUSTRIALIST and Chairman of the Ibru Organisation, Olorogun Oscar Ibru, has reportedly passed on, aged 67. Details of his passage were not immediately available at press time, but multiple sources said his family revealed that he passed on, yesterday, after a brief illness, as the Agbarha-Otor Kingdom in in Ughelli […]

By Jimitota Onoyume An angry mob, yesterday, set ablaze a lady accused in a failed child kidnapping attempt in Agbarho community, Ughelli North Local Government Area of Delta State. An eyewitness, who spoke to Vanguard at the scene of the incident on Ekwvere Road claimed that the lady hid the seven year old boy she […]