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By Chidi Anselm Odinkalu This past week in Addis Ababa, Ethiopia, the Assembly of Heads of State and Government of the African Union (AU) adopted a new treaty Relating to the Specific Aspects to the Right to a Nationality and the Eradication of Statelessness in Africa. The explanatory memorandum explains that this treaty “seeks to […]

The Economic and Financial Crimes Commission has established a task force to tackle illegal forex trading and naira abuse. The commission is combating illegal forex trading against the backdrop of the continued depreciation of the naira against the US dollar. According to data from the financial market infrastructure group warehousing, also known as FMDQ, the […]

To get an efficient Solar system anywhere in Nigeria; with 25years warranty and “Pay Small Small”, call/chat Solar For All Ltd: 08060266163. Visit: SolarForAll.ng (Abuja) Suite A8, Kenuj O2 Mall ,Behind Games Village. (Lagos) No 113A, Mainland Way, Dolphin Estate, Ikoyi. (Enugu State) Ehalumona Junction, Nsukka. The Solar For All South-East/South-South Nigeria team are grateful […]

Governors elected on the platform of the Peoples Democratic Party (PDP) have advised President Bola Tinubu to throw in the towel if he cannot provide a sustainable solution to the problems plaguing the nation. The PDP Governors who gave the advice in a statement at the weekend reminded the All Progressives Congress (APC)-led government of […]

Senator Monday Okpebholo has been declared the winner of a parallel Edo State All Progressives Congress (APC) governorship primary election. The APC State Returning Officer Ogbuaja Stanley Uzoamaka declared Senator Okpebholo as the winner of the exercise held in Benin City, the Edo State capital, on Saturday. His declaration came just after Governor Hope Uzodimma […]

The immediate past Governor of Sokoto State, Senator Aminu Tambuwal, on Saturday, appeared before the state Judicial Commission of Inquiry investigating some of the actions taken by his administration during his reign as governor. The state governor, Ahmed Sokoto, upon assumption of office, set up the judicial commission of inquiry to investigate his predecessor. The […]

*Says Integrity And Grit Turned My Life Around Prominent Senior Advocate of Nigeria (SAN) Jibrin Samuel Okutepa has shared his personal story of financial struggles as a youth to encourage uprightness in the face of difficulty. In a social media post, Okutepa revealed he could not even get a ₦500 loan in 1988 while a […]

Ruble Reacts as Russia Keeps Key Rate at 16% Russia’s central bank (CBR) Friday said its Board of Directors decided to keep the key rate at 16.00%, as expected. The rate hold follows a slowdown in consumer inflation in the country, and the ruble reacted negatively against the US dollar. Inflationary pressures have eased from […]

FirstBank Rewards 930 Customers in Win Big Promo Draw FirstBank of Nigeria Limited rewarded 930 customers today in the third edition of its ongoing four-month “Win Big Promo” draw, which started on Oct. 23, 2023. The promo, expected to end on Feb. 23, is targeting 1,240 customers with 310 of them winning from the N170 […]

Parallex Bank Introduces Advanced Mobile Banking App Parallex Bank Ltd. says it has introduced an advanced mobile banking application, Mobile App 2.0, aimed at delivering convenience and functionality to its customers for a limitless banking experience. A statement on Friday by the Managing Director of Parallex Bank, Dr Olufemi Bakre, said the updated version reflected […]

US Dollar Strengthens Ahead of Price Index, Data Release The US dollar rose against its major trading partners early Friday, except for a decline versus the euro, ahead of the release of home construction and producer price index data for January, followed by preliminary University of Michigan consumer sentiment data for February. Sterling faces an […]

Bonds Yield Rises to 15.8% as Inflation Provokes Selloffs The benchmark yield on Nigerian government bonds rose moderately to 15.8% as fixed income investors in the secondary market sold down naira assets in reaction to the negative inflation report. The headline inflation rate surged to 29.90% in January, according to an official statement Statistics Bureau. […]