The Socialist Movement of Africa (SMA) has commended the Deputy Speaker of the House of Representatives, Rt. Hon. Benjamin Kalu, for advocating for a 50% salary cut among lawmakers to support the government’s efforts in addressing the economic hardship facing Nigerians. In a statement signed by its President, Dr. Apex Segun, the group also applauded…
Nigeria foreign exchange reserve has increased to $35.93bn as of July 18 despite predictions of a slump. This represents a gain of $160 from the previous day’s figure of $35.77bn. The country’s foreign exchange reserves had been steadily increasing over the past two weeks, with a cumulative gain of over $1.2bn. As of July 18,…
As Access Bank UK Limited has concluded arrangements to host its annual Polo Day at Guards Polo Club, Windsor, today, Saturday, July 20. The Access Bank UK Polo Day, an annual charity event, which is part of the bank’s Corporate Social Responsibility (CSR), is the culmination of a year-long fund-raising programme in partnership with UNICEF…
The Borno State Acting Chairman of the Labour Party (LP), Engineer Isiaku Yakubu alongside Obidient Harmonization Committee members (OHC), at the weekend paid a solidarity visit to the residence of the ousted Senate Chief Whip, Mohammed Ali Ndume in Maiduguri. The Team all condemned the removal of Ndume from his position at the Red Chamber…
The highly anticipated Miss Ibadan Beauty Pageant & Awards organized by Aderonke Omo Dairo Foundation has announced their dynamic duo of hosts: Prince Phelar and Adejoke Ewa Ede Yooba. The theme of event this year is “Believe in you… surviving sexual Assault and Rape”. The Event is billed to take place on the 3rd of…
A magistrate court sitting in Umuahia, Abia State, has ordered the remand of a suspected fake lawyer identified as Kenneth Nwuke at the Umuahia correctional centre. The suspected fake lawyer was arrested by the police following a tip-off while he posed as a lawyer representing a client in a murder case at the Zone 9…
President Bola Tinubu has approved N70,000 minimum wage for Nigerian workers with promise to review the national minimum wage law every three years. President Tinubu also promised to find ways to assist the private sector and the sub-nationals to pay the minimum wage. President Tinubu announced the decisions at the meeting held with leaders of…
The Central Bank of Nigeria (CBN) has announced the approval of the sales of FX to eligible Bureau De Change (BDCs) to meet the demand for invisible transactions. In a circular signed by A. A Mahdi, the Acting Director of Trade and Exchange at the CBN, it was disclosed that the sum of $20,000 is to…
Bauchi governor, Bala Mohammed reading the communique joined by other 12 PDP governors. The Peoples Democratic Party Governors’ Forum has expressed strong concerns over the All Progressives Congress-led Federal Government’s mismanagement of the economy. In a communiqué issued at the end of their meeting in Enugu on Wednesday, the 13 governors of the main opposition…
The United Arab Emirates (UAE) says Nigeria has not been exempted from the customary visa application process. On Monday, Nigerians were thrilled to read that the three-year travel ban from the UAE had been lifted. But their joy evaporated when Mohammed Idris, minister of information and national orientation, said the resolution had conditions that were “mutually beneficial”. Part…
