Naira down to N1,495/$ in parallel market
By Elizabeth Adegbesan The Naira yesterday depreciated to N1,495 per dollar in the parallel market from N1,487 per dollar last weekend. Likewise, the naira depreciated to N1,420.5 per dollar in the Nigerian Foreign Exchange Market, NFEM. Data from the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the naira rose to […]
Ogun govt commends Old Students’ Associations for boosting school infrastructure
By James Ogunnaike, Abeokuta The Ogun State government has commended Old Students’ Associations across the state for their consistent and selfless contributions to the improvement of educational facilities in public schools. Speaking at the commissioning of a modern school entrance and gate house at Egba Comprehensive High School, Asero, Abeokuta, the State Commissioner for Education, […]
Group commends Bamidele for sponsoring Terrorism Death Penalty Bill
Advocacy Intelligence and Development Partners (AIDP) has commended the Leader of the Senate, Senator Michael Opeyemi Bamidele, for sponsoring a bill seeking capital punishment for terrorism, describing the move as bold and necessary in the face of Nigeria’s deepening security crisis. In a statement signed by its Convener, Osabinu Olufemi, the group said Senator Bamidele […]
Maduro detention sparks concerns for developing nations, global order – Chinese scholar
By Favour Ulebor, Abuja A Chinese scholar, Professor Hui An, has warned that the reported detention of Venezuela’s President, Nicolás Maduro, by external forces raises serious concerns for developing countries and the future of international law. In a press statement by Hui, a professor at the China Africa Think Tank Research Center, the incident was […]
Access ARM Pensions surpasses N4trn AUM, signals stronger post-merger momentum
Access ARM Pensions has exceeded the ₦4 trillion mark in assets under management (AUM), marking a major milestone and underscoring the strong momentum
VAT on Banking Services: Setting the record straight
By Arabinrin Aderonke In recent days, Nigerians have been inundated with reports suggesting that the Federal Government has introduced Value Added Tax (VAT) on banking services such as electronic transfers, fees and commissions. Understandably, this has triggered anxiety among citizens already grappling with economic pressures.However, the truth is far less dramatic than the headlines suggest. […]
