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Nigeria’s Central Bank to Automate FX Trades from December

The Central Bank of Nigeria is set to automate foreign exchange trades by December 2024. This move could enhance transparency, stabilize the naira, and boost investor confidence in Nigeria’s economy.

Nigerian Student Breaks Record for Longest Catwalk

Ololade Ayelabola sets a new world record for the longest catwalk, covering 130.62km to elevate Nigeria's fashion industry on the global stage.

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Tinubu Dedicates Key Abuja Road to Nobel Laureate Soyinka

President Bola Tinubu honors Nobel Laureate Wole Soyinka by renaming a key road in Abuja, highlighting his contributions and the government’s commitment to cultural recognition.

Invalid LASU Degree Certificate Surfaces at Suya Stand

A mishandled and invalid degree certificate from Lagos State University was recently found at a local suya spot, prompting an immediate response from the university to prevent future incidents.

NLC Defends Grid Shutdown Over Nationwide Strike

NLC defends decision to shut down Nigeria's national grid during strike, disputing TCN's claims and calling for fair wages and better working conditions.

NLC Raises Alarm Over Soldier Deployment to Institutions Amid Strike

The NLC has condemned the government's deployment of soldiers to institutions amid a nationwide strike, calling it an act of intimidation against protesting workers.

Mbappe Secures a Five-Year, €150 Million Deal With Real Madrid

Kylian Mbappe joins Real Madrid in a €150 million deal, setting the stage for an exciting future with the La Liga champions.

Nigeria Advances in Global Markets with Key Economic Reforms

Nigeria's President Bola Tinubu's recent executive orders aim to elevate the country's petroleum sector to global competitiveness.

N44bn Fraud Scandal Rocks First Bank, Police Assistance Sought

A massive N44 billion fraud scandal has rocked First Bank of Nigeria, prompting police involvement and raising significant concerns over internal controls.

Looming Strike Threatens to Deepen Economic Hardship

Nigerian rights group CERON warns the government of a looming labor strike that could worsen the nation's economic hardship. The group urges renewed negotiations between the government and labor unions to reach a compromise on a new minimum wage. With Nigerians already struggling, a strike would further erode purchasing power and potentially lead to social unrest.

IBEDC Sacks Kingsley Achife as Acting Managing Director, Appoints Francis Agoha

IBEDC appoints Francis Agoha as new Acting Managing Director, replacing Kingsley Achife to drive improvements in electricity distribution and service reliability.

Nigeria’s Labor Unions Announce Indefinite Strike

Nigeria's labor unions declare an indefinite strike from June 3, 2024, over unresolved wage and working condition issues, impacting public services nationwide.

Tinubu Launches Initiative to Bridge Gap, Empower Vulnerable Nigerians

In a move to bridge the gap between the government and local communities, Nigerian...

WHO Urges Protection for Youth from Tobacco on World No Tobacco Day

On World No Tobacco Day, WHO emphasizes the need to shield youth from tobacco industry's harmful influence and manipulative marketing.

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Nigeria’s Central Bank to Automate FX Trades from December

The Central Bank of Nigeria is set to automate foreign exchange trades by December 2024. This move could enhance transparency, stabilize the naira, and boost investor confidence in Nigeria’s economy.

Nigerian Student Breaks Record for Longest Catwalk

Ololade Ayelabola sets a new world record for the longest catwalk, covering 130.62km to elevate Nigeria's fashion industry on the global stage.

Nigeria Pledges 25% Cut in Post-Harvest Losses for Food Security

Nigeria commits to reducing post-harvest losses by 25%, boosting food security and jobs through the Special Agro-Industrial Processing Zones initiative.

Dangote Refinery Set to Take 400,000 Barrels of Nigerian Crude Per Day

Dangote Refinery is set to process 400,000 barrels of Nigerian crude oil per day, marking a significant step toward reducing the country’s dependence on imported refined fuel and improving energy security.