News
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Palliative palaver: Govs tackle Akpabio, deny receiving FG N1tn lifeline
Governors on Thursday denied a claim by Senate President Godswill Akpabio that the Federal Government disbursed N1.08tn to states to address the food crisis in the country. During the inauguration of the renovated central mosque in the Iseyin area of Oyo State on Thursday, the state Governor, Seyi Makinde, said…
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Court orders CBN to pay German ₦63.7m, $10,000 for illegal detention
The Federal High Court in Abuja has ordered the Central Bank of Nigeria to pay a German, Martin Gegenheimer, the sums of ₦63.7m and $10,000 for illegal arrest and detention by the Nigerian Immigration Service in 2020 during the COVID-19 period. According to a report on Channels Television, the court…
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Despite FG’s Clampdown: Dollar Hits N1,900; Pound, N2,250
The naira Tuesday slid further at the parallel market in spite of the clampdown the federal government ordered on foreign exchange market speculators. Bureau De Change (BDC) hubs were raided in Abuja, Lagos and Kano and some operators were arrested. Despite the raids, however, the naira plunged further with a…
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Herbert Wigwe: Let Siju Iluyomade Be! Nigerians Spar As Pastor Iluyomade’s Wife, Siju, Hosts Lavish 60th Anniversary Amid Tragedy
Death is the clearest mirror of perfidy. It reveals the spread and tincture of its toxins. Only after a man’s death would he know the true value of his human relationships. But then, he’d be sadly on the other side. So, it was for Herbert Wigwe, whose friends and worship…
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We lost 46 members to economic hardship – ASUU
The Academic Staff Union of Universities (ASUU), Abuja zone, said it has lost 46 members due to the current economic hardship in the country, alongside poor remuneration of academicians and universities in the zone. The Abuja Zonal Coordinator of ASUU, Salihu Muhammed Lawal, who disclosed this while briefing journalists on…
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AFCON 2025: Preliminary round draw holds today
Preliminary draw for the 2025 Africa Cup of Nations will be held today at the Confederations of African Football headquarters in Cairo, Egypt. CAF made this known in a statement released on its official website by its Communication Department on Monday. According to the governing body, following the conclusion of…
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Navy intercepted N95bn stolen crude in 10 months – Commander
The Eastern Naval Command of the Nigerian Navy says the Navy saved the nation of N95bn through the operations of the command between April 2023 and February 2024. This was disclosed in Calabar, on Monday, by Rear Admiral Olusola Oluwagbire, during a parade to mark the end of his tour…
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Forex crises: 2024 Budget suffers major dislocations
THERE are indications that the Federal Government may be forced to review the 2024 Appropriation Act as recent developments in the foreign exchange market may have put the financial assumptions in complete disarray. Sources close to the Finance Ministry told Vanguard that all the major components of the budget has…
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Labour mobilises for protest, tanker drivers strike triggers fuel queues
The organised Labour on Monday began mobilising its members for a nationwide protest slated for February 27 and 28 over the cost of living crisis in the country. Sources in the leadership of the Nigeria Labour Congress told our correspondents that the National Executive Council met via Zoom on Friday,…
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SSANU threatens protest as FG pays ASUU withheld salaries
The Senior Staff Association of Nigerian Universities has said it will ground activities in universities across the country if the withheld salaries of its members are not paid. This was in reaction to the exclusion of members of SSANU from the payment of the withheld salaries by the Federal Government…