Reading Time: < 1 minuteIn a proactive move, the Central Bank of Nigeria (CBN) has disbursed around $2 billion across key sectors, encompassing manufacturing, aviation, and petroleum, as part of a comprehensive strategy to eliminate the backlog of outstanding foreign exchange liabilities. The apex bank has...
Reading Time: < 1 minuteFrench President Emmanuel Macron, in a bold appeal at the World Economic Forum in Davos, urged Europe to embrace collective debt once again, reminiscent of measures taken during the Covid-19 pandemic. In his address, Macron stressed the imperative need for increased European...
Reading Time: < 1 minuteChampioning Change: Former Porto Coach André Villas-Boas Throws His Hat into the Presidential Ring, Eyes Transformation in April Vote. The 46-year-old, famed for securing the Europa League, Portuguese league title, and Portuguese Cup with Porto in 2011, formally declares his candidacy against...
Reading Time: < 1 minuteIn a bold stride towards bolstering Nigeria’s power infrastructure, the Transmission Company of Nigeria (TCN) has achieved a significant feat by energizing a new 60MVA power transformer at the 132/33KV Okenne Transmission Substation in Kogi State. This strategic move has furnished the...
Reading Time: < 1 minuteIn a harrowing revelation, acclaimed Nollywood actress Toyin Abraham disclosed her distressing ordeal that led to her hospitalization, an unexpected consequence of her high-budget movie “Malaika” being illicitly circulated online. The cinematic masterpiece had enjoyed an exclusive theatrical release on December 15,...
Reading Time: < 1 minuteThe Comptroller General of the Nigeria Customs Service (NCS), Adewale Bashir Adeniyi, clarified on Tuesday that the recent adjustment in the exchange rate impacting import and export transactions at the ports was initiated by the Central Bank of Nigeria (CBN) and not...
Reading Time: < 1 minuteThe Nigerian Police Force (NPF) and its spokesperson, Muyiwa Adejobi, face public backlash following pictures posted on the force’s X handle on Monday featuring the Inspector-General of Police, Kayode Egbetokun, alongside military officers during the Armed Forces Remembrance Day in Abuja. In the...
Reading Time: < 1 minuteIn response to the escalating security challenges within the city, Governor Wike expressed his disapproval of the frequent travels undertaken by area council chairmen. The Nation reported that Wike had initiated an emergency closed-door meeting involving heads of security agencies in the...
Reading Time: < 1 minutePresident Bola Tinubu stated on Tuesday that his predecessor, former President Muhammadu Buhari, has refrained from interfering in his administration since leaving office in 2023. Tinubu recalled Buhari’s commitment to staying away from direct involvement, quoting him as saying, “I won’t intrude...
Reading Time: < 1 minuteFormer President Muhammadu Buhari affirmed his commitment to the leadership of President Bola Tinubu and the All Progressives Congress (APC) on Tuesday during a book launch highlighting his eight years in office. The book, titled “Working with Buhari” and “Muhammadu Buhari: The...
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