Nigerians are in for more hardship as the naira has continued to tumble against the dollar at the parallel market.
The naira suffered serious depreciation against the dollar it now exchanges N485 to a dollar and N600 to a pound at the parallel market. At the interbank market, the naira depreciated further from 305 to 315 per dollar, while the pound went for N401.
This is coming at a time when the Central Bank of Nigeria (CBN) is making special forex auction […]
LAGOS State government through the State’s Domestic and Sexual Violence Response Team (DSVRT) is partnering with Access Bank to commemorate 16 days of activism to end all forms of violence against women and children.
According to the state government, over 1,500 children drawn from both public and private schools in the state will receive age appropriate sex education, among others during the period.
DSVRT Coordinator, Titilola Vivour-Adeniyi, who disclosed this on Sunday in a statement, said the team, in partnership with the […]
Aviation unions suspend industrial action against Caverton Helicopters over alleged anti-labour practices
Aviation trade unions have suspended their industrial action against Caverton Helicopters over alleged anti-labour practices.
Mr Olayinka Abioye, General Secretary, the National Union of Air Transport Employees, confirmed the development in an interview with the News Agency of Nigeria on Friday in Lagos.
Abioye said the unions had suspended the action following an invitation by the airline’s management to them to come for a meeting.
He said: “Now we are preparing for a meeting with the management and we are looking forward to […]
A Federal High Court in Lagos on Friday struck out a N1bn fundamental rights enforcement suit filed by a Senior Advocate of Nigeria, Chief Godwin Obla, against the Economic and Financial Crimes Commission.
Obla, who was detained by the EFCC for allegedly offering a N5m gratification to Justice Rita Ofili-Ajumogobia of the Federal High Court, had filed the suit urging the court to declare that his detention beyond 24 hours by the EFCC was unlawful.
He had also, through his lawyer, Mr. […]
Photo of a Kenyan police officer who allowed school girls to hold his firearm while they posed for a snap has been making rounds on social media.
In the photo, the smiling officer is seen posing next to 7 schools girls, while two of them hold firearms, presumably belonging to the officer and a colleague.
It’s believed that the photo was taken during the Kenya Certificate of Secondary Education (KCSE) or Kenya Certificate of Primary Education (KCPE) examinations.
According to the National Police […]
Former Governor of Ekiti State and Minister of Mines and Steel Development, Dr. Kayode Fayemi, has given a seven-day ultimatum to a member of Ekiti State House of Assembly, Dr Samuel Omotoso; and the Special Assistant on New Media and Public Communications to Governor Ayodele Fayose of Ekiti State, Lere Olayinka, to retract libelous statements against him on a live television programme aired on the state television on July 6, 2016.
In a letter on behalf of the Minister from the […]
It was gathered that the Supreme Court on Thursday further validated the candidacy of Mr. Eyitayo Jegede as the PDP flag bearer in Saturday’s governorship election in Ondo State.
This was sequel to the striking out of all the pending interlocutory appeals filed by the Ali Modu Sheriff faction of the party.
Justice Walter Onnoghen, leading four other justices of the apex court, held that Wednesday’s judgment of the Court of Appeal on the main appeals rendered the interlocutory ones academic.
Onnoghen held […]
The Naira on Wednesday appreciated against the dollar at the interbank market.
The Nigerian currency gained 50k to close at N304.50 compared to N305 it traded on Tuesday.
At the Bureau De Change window, the Naira was sold at N400 CBN controlled rate, while the Pound Sterling and the Euro traded at N565 and N500, respectively.
Skeletal but clandestine trading at the parallel market saw the Naira closed at N470 to a dollar, while the Pound Sterling and the Euro closed at N565 […]
Residents of Brown Street in Oshodi yesterday urged the Lagos State Government to draft more security operatives to Oshodi.
This, they said, would scare away hoodlums who disturb the peace of the community.
The residents denied that Tuesday and yesterday clashes that left many injured were between rival groups of the National Union of Road Transport Workers (NURTW).
They said the hoodlums chased away by the Lagos State Taskforce on Environmental and Special Offences have found an haven behind Moyosore Shopping Complex in […]
It was gathered that the Economic and Financial Crimes Commission, (EFCC), is collaborating with the office of the wife of the president, Aisha Buhari, to engage Nigerian women in a nation-wide sustainable fight against corruption.
The programme which is tagged: Nigerian Women Against Corruption, (WAC), was initiated based on the significant role of women in the family and in the society at large.
The programme is scheduled to be flagged off by the wife of the president, Mrs Buhari, in Abuja at […]
According to reports, the Economic and Financial Crimes Commission has filed 30 charges against a Federal High Court judge, Justice Rita Ofili-Ajumogobia; and a Senior Advocate of Nigeria, Mr. Godwin Obla.
The EFCC said about $793,800 passed through the judge’s domiciliary accounts between 2012 and 2015. The judge allegedly used the money to buy a house in London.
The two accounts, Access Bank (0002649223) and Diamond Bank (0032091183) have since been frozen by the EFCC.
The commission is expected to arraign the two […]