The Nigerian currency, the Naira, ended the month of April on a positive note, as it gained ₦28.15 at the official market, trading at ₦1,390.96 to the dollar. According to data from the FMDQ Exchange, this represents a 1.98% appreciation for the Naira, which is a significant increase compared to the previous trading date. the…
he Association of Professional Women Engineers of Nigeria (APWEN) has urged the Federal Government and the Minister of Power, Adebayo Adelabu, to adopt Artificial Intelligence (AI) technologies to overcome the longstanding challenges faced by Nigeria’s power sector. The APWEN President, Dr. Adebisi Osim made the call during the inauguration of the new Chairman of the association’s Ogbomosho…
President Bola Ahmed Tinubu has extended his warmest felicitations to Nigerian workers on the occasion of Workers’ Day, a celebration held annually to honor the contributions of the nation’s workforce. In a statement obtained on Wednesday and signed by Tinubu’s Special Adviser on Media and Publicity, Ajuri Ngelale, the President praised Nigerian workers for their unwavering dedication to…
The Minister of Works, David Umahi, has disclosed that the Federal Government is set to pay ₦2.75 Billion in compensation to those affected by the demolition exercise as a result of the construction of the Lagos-Calabar Coastal Highway. He said the payment would be made today, Wednesday 1, to property owners affected by the demolition necessary…
The Bola Ahmed Tinubu-led Federal Government has disclosed that the new minimum wage will take effect from May 1, 2024. The decision was made despite the Tripartite Committee On National Minimum Wage is yet to conclude its negotiations. The Minister of State Labour, Nkeiruka Onyejeocha, made this known on Wednesday while addressing Nigerian workers at the…
The National Drug Law Enforcement Agency, NDLEA, Kogi Command, on Tuesday said drug abuse is the catalyst to all the insurgencies and kidnappings ravaging society today. The State Commander of the agency, Umar Yahuza, disclosed this to the News Agency of Nigeria, NAN, in Lokoja, stressing that the agency was focused on reducing the circulation…
Justice Inyang Edem Ekwo of the Federal High Court, Abuja, has struck out two separate suits questioning the Peoples Democratic Party, PDP’s primary election that produced Asue Ighodalo as governorship candidate for the coming Edo State gubernatorial poll. The court held that those who instituted the suits from the political camp of former Deputy Governor…
Former presidential candidate of the Labour Party, LP, Mr Peter Obi, has slammed President Bola Tinubu’s administration for going on with the controversial Lagos-Calabar coastal highway project in defiance of public outcry. He expressed displeasure that the government is embarking on a project threatening jobs at a time of rampant unemployment. According to him, it’s…
Nigerians will have to pay more to get electricity meters as the Nigerian Electricity Regulatory Commission has announced deregulation for meters deployed to electricity consumers under the Meter Asset Providers scheme. The Commission disclosed this on Monday in an order signed by its Chairman, Sanusi Garba and Commissioner Legal, Licensing and Compliance, Dafe Akpeneye. The…
A former Director of Information Technology of the Central Bank of Nigeria, CBN, John Ayoh, has explained how he collected $600,000 allegedly for contract gratification for the embattled ex-apex bank governor, Godwin Emefiele. Ayoh, while being led in evidence by the Economic and Financial Crimes Commission (EFCC) counsel, Mr Rotimi Oyedepo (SAN), on Monday, told…
