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The Federal Government has announced a significant salary increase ranging from 25% to 35% for civil servants under six Consolidated Salary Structures, effective from January 1st, 2024.
This decision, disclosed by Emmanuel Njoku, Head of Press at the National Salaries, Incomes and Wages...
Former Vice President Atiku Abubakar has condemned the recent tariff increases implemented by the Nigerian government, alleging that they unfairly burden Nigerian citizens and subsidize government inefficiencies.
In a statement issued in Abuja, Atiku criticized the government's failure to...
![Today's Naira Rate [30-04-2024]: Naira Remains Firm at 1,350 as CBN Implements Measures to Attract FX Inflows](/data/attachments/203/203480-8457c57119a478bc5717b11aa4a694ef.jpg?hash=hFfFcRmkeL)
Nigeria
Today's Naira Rate [30-04-2024]: Naira Remains Firm at 1,350 as CBN Implements Measures to Attract FX Inflows
The Nigerian naira maintained its position at 1,350 against the US dollar on the parallel market, signaling stability amidst recent economic fluctuations. While the official exchange rate at the Nigerian Autonomous Foreign Exchange Market (NAFEM) saw a decline to 1,419.11 per dollar, the Central...
In the latest assessment by VisaGuide’s World Passport Index, the Nigerian passport has retained its position among the bottom ten globally, currently ranking at 191 out of 199 countries. The passport's stagnant value places it alongside nations like North Korea, Iraq, Libya, and others...
Bayo Onanuga, the special adviser on information and strategy to President Bola Tinubu, has deleted a tweet after falsely claiming that the president secured a $600 million investment commitment from Maersk, a global shipping firm.
The erroneous statement was made following discussions between...
Nigeria
FG's Credibility Questioned Again: Maersk Refutes $600 Million Investment Claim Made by Presidency
In a twist of events, Robert Maersk Uggla, chair of Danish shipping giant A.P. Moller-Maersk, refuted claims of signing a $600 million investment deal with the Nigerian government. The denial comes after a statement attributed to Mr. Uggla surfaced, indicating plans for substantial investments...
Dangote Sugar Refinery Plc (DSR) has announced ambitious plans to ramp up local sugar production through its Backward Integration Programme (BIP), aiming to produce 700,000 metric tonnes of refined sugar from locally grown sugarcane within the next four years. Aliko Dangote, Chairman of DSR...
Nigeria
Nigerians Ridicule Minister of Power as Power Outage Allegedly Hits National Assembly During His Presence
In an unexpected turn of events, power reportedly went off at the National Assembly while the Minister of Power was present in the building. This incident sparked a flurry of reactions on social media platforms, ranging from humor to cynicism.
Some users found irony in the situation...
As fuel scarcity intensifies across Nigeria, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has escalated tensions by threatening to disrupt the supply of Premium Motor Spirit (PMS), commonly known as petrol. The catalyst for this drastic action is the alleged non-payment of...
In a startling revelation, Madam Alimot, a woman in her 50s, has unveiled a clandestine operation she participated in, in collusion with a pastor based in a southern state of Nigeria.
Their modus operandi centered on orchestrating sham spiritual healings during church services, preying on the...
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