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  • Naira gains N3 to trade at N1,465/$1 at official windowNaira gains N3 to trade at N1,465/$1 at official window
    The Nigerian currency, the naira, continued its recovery against the dollar on Tuesday May 21, 2024 to trade at N1, 465/$1 data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) has shown. At the end of trading on Tuesday, the naira gained N3 against the dollar when compared to the… Read more »
  • Top 10 stories from across Nigerian Newspapers, Wednesday, May 22, 2024Top 10 stories from across Nigerian Newspapers, Wednesday, May 22, 2024
    Here are the top 10 stories making headlines across the country. 1. Nigerian labour unions threaten strike action over electricity price hike Nigeria’s labour unions, the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC), on Monday, issued a May 31st deadline for the federal government to reverse a… Read more »
  • EFCC arrests woman for naira abuse in GombeEFCC arrests woman for naira abuse in Gombe
    The operatives of the Economic and Financial Crimes Commission (EFCC) on Monday arrested a young woman, Janty Emmanuel, for alleged abuse of the Naira. The EFCC’s Head of Media and Publicity, Dele Oyewale, said in a statement on Tuesday in Abuja, said that the woman was arrested for spraying Naira… Read more »
  • Naira up by 0.22%, trades for N1,465/$ at official marketNaira up by 0.22%, trades for N1,465/$ at official market
    The Naira traded for N1, 465.68 to a dollar at the official market on Tuesday. Data from the FMDQ Exchange revealed that the local currency gained N3.31 or 0.22 percent compared to the N1,468.99 it exchanged for one dollar on Monday. The FMDQ Exchange oversees the Nigerian Autonomous Foreign Exchange… Read more »
  • Suspected bandits kill nine in Plateau communitiesSuspected bandits kill nine in Plateau communities
    Gunmen suspected to be bandits have killed at least nine persons and destroyed six houses in Zurak and Dakai communities of Wase of Local Government Area of Plateau State. The spokesman for the state police command, Mr. Alfred Alabo, said in a statement on Tuesday in Jos the bandits attacked… Read more »
  • NGX: Market index up by 108 basis points as investors gain N61bnNGX: Market index up by 108 basis points as investors gain N61bn
    For the second consecutive day on Tuesday, sentiment in the Nigerian equities market remained positive as investors gained N61 billion at the close of trading. This followed the increase in the share price of Berger Paints, Nestle, and Sovereign Insurance, amongst others on the trading floor today. After five hours… Read more »
  • Organised labour rejects Nigerian govt’s fresh N54K minimum wage proposalOrganised labour rejects Nigerian govt’s fresh N54K minimum wage proposal
    The organised labour has rejected the Federal Government’s fresh proposal of N54,000 as minimum wage. The fresh proposal followed the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) rejection of N48,000 put forward by the federal government last week. The New Minimum Wage committee met again at the Nicon… Read more »
  • Pochettino leaves Chelsea after one seasonPochettino leaves Chelsea after one season
    Mauricio Pochettino has left Chelsea after helping the club finish sixth in the Premier League this season. The 52-year-old leaves by mutual consent after just one season at Stamford Bridge. Pochettino took charge of Chelsea on 1 July, signing a two-year contract with the option of a further year. He… Read more »
  • Senate to convene national summit on farmer/herdsmen conflictsSenate to convene national summit on farmer/herdsmen conflicts
    The Senate has resolved to convene a national summit on farmer/herdsmen conflicts in Nigeria. This followed the adoption of a motion on a matter of urgent importance titled: “Urgent Need for Rehabilitation of Agojeju Odo, Ajokpachi, Bagaji, and Bagana Communities in Omala local government area of Kogi State following gunmen… Read more »
  • Court adjourns ex-NIRSAL MD’s alleged forgery trial to June 8Court adjourns ex-NIRSAL MD’s alleged forgery trial to June 8
    Justice Inyang Ekwo of the Federal High Court, Abuja, on Tuesday, adjourned the trial of a former Managing Directing, Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) Plc, Mr. Aliyu Abdulhameed, for alleged document forgery till June 8. The judge adjourned the case after prosecuting counsel, CSP Celestine Odo,… Read more »

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