Vice President Yemi Osinbajo on Friday said cryptocurrencies should be regulated in Nigeria instead of “killing” it. He made the remarks during a keynote at the CBN/Bankers Committee’s Initiative for Economic Growth. The CBN had recently reaffirmed its oppositional stance towards cryptocurrencies, placing huge restrictions on its trade within Nigeria. According to the CBN, cryptocurrencies […]
Naira on Friday fell at the parallel market below the 480th mark to the dollar, the first time in nearly three months, a day after the government said it would take time to unify multiple exchange rates. At the unofficial market, data from abokiFX.com showed the domestic currency exchanged for the green back at N482, […]
By Foster Obi Emirates SkyCargo is partnering with UNICEF as part of the Humanitarian Airfreight Initiative to expedite transportation of COVID-19 vaccines around the world. UNICEF recently launched the Humanitarian Airfreight Initiative, and Emirates airline was one of the 10 leading airlines to sign agreements with UNICEF to support the prioritization of delivery of COVID-19 […]
The Amalgamated Union of Foodstuff and Cattle Dealers of Nigeria has commenced an indefinite strike, following the failure of the government to address the alleged killings of its members in parts of the country. The union is also stopping its members from moving cattle and foodstuffs to the southern part of the country. A number […]
The federal government has indicated its readiness to end incessant explosions associated with fuel, Liquefied Petroleum Gas (LPG) and other gaseous substances across the country with TK3D Technology. Director-general of National Oil Spill Detection and Response Agency (NOSDRA), Mr Idris Musa, stated this in Abuja yesterday at a virtual meeting on the demonstration of the […]
Zamfara State Governor, Bello Matawalle, has ordered the immediate closure of all boarding schools in the state. The directive was triggered by the abduction of more than 300 students from Government Girls Secondary School in Jangebe, in the early hours of Friday. “As we are making efforts to strengthen security around our schools, I have […]
The Federal Government has signed a memorandum of Action with the Non-Academic Staff Union of Universities and the Senior Staff Association of Nigerian Universities towards ending the ongoing strike by both unions. At a meeting with the government on Thursday, the two parties agreed on all the eight-point demand of the Joint Action Committee of […]
The Managing Director, Nigerian Ports Authority, Hadiza Bala Usman, said some Federal Government agencies operating at the ports disobeyed the directive and executive order signed by Vice-President Yemi Osinbajo on ensuring 24-hour port operations and synergy among such agencies. Usman said this during an interview on Channels Television’s ‘Sunrise Daily’ on Thursday, which was monitored […]
By Foster Obi The Apapa Area Command of the Nigeria Customs Service said through its manifest management system, it was able to track and intercept a container No. 1793504 manifested as ceramic tiles, adding, upon 100% physical examination to ascertain its true contents, it was found to contain 554 cartons of Tramadol capsules (120mg) concealed […]
The Imo State High Court in Owerri on Thursday ordered an interim forfeiture of all properties said to be illegally acquired by a former governor of the state, Rochas Okorocha, while he was in office from 2011 to 2019. Justice Fred Njemanze gave the order following an application brought by a Senior Advocate of Nigeria, […]