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Google has partnered with Verve to make digital transactions on Google Play Store easier for Nigerians. The firm noted that as from Wednesday (today), Nigerians can now use their Verve cards to make purchases on the Google Play Store. It stated that under its new partnership, Google will process Verve transactions within Nigeria and the […]

The national vice chairman (North-West) of the All Progressives Congress (APC), Salihu Moh Lukman, has resigned from his position, citing unjust and illegal actions being taken by the party. In a letter of resignation addressed to the acting national chairman of the party, Senator Abubakar Kyari, Lukman said his resignation was with immediate effect, noting […]

By Hameed Ajibola Jimoh Esq. The rights of Nigerians (in Nigeria as citizens) have been codified and guaranteed under the Constitution of the Federal Republic of Nigeria, 1999 (as amended)-herein after referred to as the Constitution. It is important for Nigerian citizens to be aware of their constitutional rights (which are rights different from statutory […]

Naira Appreciates as Demand Pressures Ease In an effort to gain traction after the devaluation, the Naira on Tuesday appreciated marginally against the United States (US) dollar, exchanging at N791.42 at the Investors and Exporters window. Exchnage was spooked as a result of FX reform in June 2023. At the moment, foreign currency inflows into […]

Tinubu to Submit Ministerial List Thursday -Senate Leader President Bola Tinubu will on Thursday, send the much awaited ministerial list to the Senate, the Senate Leader, Opeyemi Bamidele has said. Bamidele (APC-Ekiti) made this known at the launch of a book he wrote titled: “Leadership Through Communication” (Volumes 1and 2). The senate leader said that […]

Nigerian Exchange Nears N36trn as MTNN, Geregu Rally Equities investors in the Nigerian Exchange (NGX) kept the fire burning as market size jumped near N36 billion Tuesday, according to the trading scorecard. The local bourse started the week positive and continued to rally second day after N1.33 trillion gain last week. Data from the exchange […]

CBN Hikes Benchmark Interest Rate to 18.75% The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) raised the country’s Monetary Policy Rate (MPR) from 18.5 per cent to 18.75 per cent. The Acting Governor of the CBN, Mr Folashodun Shonubi made this known on Tuesday while presenting the communique from the MPC […]

Chinese Yuan Strengthens to 7. 1406 Against the Dollar The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 45 pips to 7.1406 against the dollar on Tuesday, 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 […]

Reps Want Punishment for DisCos for Poor Electricity Supply The House of Representatives has urged the Nigerian Electricity Regulatory Commission (NERC) to compel Distribution Companies (DisCos) to discontinue the alleged extortive practice of estimated/arbitrary billing with immediate effect. The legislators recommended that the companies be reprimanded for the abysmal provisioning of services to Nigerian electricity […]

Court Admits Emefiele to N20m Bail Justice Nicholas Oweibo of a Federal High in Lagos, on Tuesday, admitted the suspended Central Bank of Nigeria, (CBN) Governor, Godwin Emefiele to bail in the sum of N20 million. Emefiele is standing trial on a two-count charge bordering on possession of a single barrel shotgun, as well as […]

Nigeria Mobilises $500m for Food System Transformation – Shettima Vice President Kashim Shettima has disclosed that Nigeria has mobilized more than half a billion dollars for innovative, profitable, equitable, and sustainable food system transformation initiative. Mr Olusola Abiola, Director, Information, Office of the Vice President, in a statement, said that Shettima made this known while […]

Subsidy Removal Palliatives: Ogun Govt. Approves N10,000 for Workers, Pensioners The Ogun government has approved a cash palliative of N10,000 for each of its public servants and pensioners, Mr. Tokunbo Talabi, the Secretary to the State Government (SSG), has announced. Talabi, in a statement released late Monday in Abeokuta, said the measure was designed for […]