admin

President Bola Tinubu’s government is targeting $10 billion in revenue generation to increase foreign exchange liquidity and stabilize the naira, Vice President Kashim Shettima disclosed on Tuesday. Addressing the inaugural Public Wealth Management Conference in Abuja, Shettima outlined the administration’s plans to optimize management of federal assets and investments towards unlocking their revenue potential. The […]

A 300-Level Student at a Private Tertiary Institution In Abeokuta, Ogun State, Simply Identified As Ajoke, has reportedly committed suicide. Our correspondent gathered that Ajoke, a student of Basic Medical Science at Havarde College of Science, Business and Management Studies, Abeokuta, on Monday evening, drank poisonous substance, suspected to be Sniper. Her body was discovered […]

The Attorney General of the Federation and the Minister of Justice, Lateef Fagbemi (SAN), on Tuesday, called on the Economic Community of West African States Court of Justice to refrain from issuing orders and judgments that are impossible to enforce. But human rights lawyer and a former President of the West African Bar Association, Femi […]

Former Presidential Spokesman, Mr. Laolu Akande, on Tuesday averred that Nigeria is at war and the country’s leaders must be ready to fight the economic and security challenges confronting the nation. In a string of posts on X, Mr. Akande lamented the rate of the American dollar to the Nigerian naira which has climbed to […]

The Senate on Tuesday urged the Medical and Dental Council of Nigeria (MDCN) to allow Nigerian medical graduates from Ukraine and Sudan, where the war did not affect their academic activities, to sit for MDCN exams in July and November. The Red Chamber advised the MDCN to devise means to decentralise the body exams in […]

Former Attorney-General of the Federation and Minister of Justice, Michael Aondoakaa has said the main problem Nigerians are faced with, is the issue of insecurity, adding that once that is fixed, the citizens would be able to feed themselves. Aondoakaa said this in an interview with ARISE NEWS on Tuesday, while discussing the current state […]

During a Senate session on Tuesday, President of the Senate Godswill Akpabio stated that many of the recent protests over Nigeria’s economic hardship have been sponsored campaigns. “You can see a lot of sponsored protests here and there. Most of those sponsored protests are not aware of the kind of efforts being made by this […]

Anambra State Governor, Chukwuma Soludo, has terminated a road contract awarded to a contracting firm, NBHH Engineering Company. Governor Soludo lambasted the company over negligence and delay in delivering nine roads totaling 14.053km in Okpoko. The Governor announced the immediate termination of the road project contract when he visited the site unannounced on Tuesday, February […]

The Lagos State Government has said the Ikeja Computer Village is a residential area, hence the reason for the proposed relocation of the electronic gadgets village to Katangua in Abule-Egba area of the state. The Special Adviser to the Governor on e-GIS and Urban Development, Dr Olajide Babatunde, disclosed this on Tuesday, during a visit […]

Federal Capital Territory (FCT), minister, Barrister Nyesom Wike, has warned that he would not allow anyone to slow down the development of rural communities in the nation’s capital, Abuja. The minister said any director who refuses to act on files that he has already approved, is a saboteur, warning directors in the Administration against sitting […]

NGX Loses N1.8T as Investors Reduce Interest in Dangote, MTNN The equities market capitalisation of the Nigerian Exchange (NGX) lost more than N1.82 trillion due to a sell order executed on Dangote cement, MTN Nigeria among others. The bearish trade reduced more than N2.1 trillion gained recorded last week amidst inflation worries. Today’s negative market […]

Yuan Strengthens 7.1032 Against Dollar The central parity rate of the Chinese currency renminbi or the Yuan strengthened four pips to 7.1032 against the dollar on Monday, according to the China Foreign Exchange Trade System. In China’s spot foreign exchange market, the Yuan is allowed to rise or fall by two per cent from the […]