Following the floodwaters that covered major highways in Lagos on Wednesday as a result of heavy downpour, the Minister of Work, Sen David Umahi, has directed the desilting of drains along federal roads in the state with the view to deflood the highways Already, the ministry’s teams have been deployed to assess the situation while […]
The Federal government, in collaboration with UNICEF and other partners, is to introduce the Universal Child Benefit and increase public spending on social protection by 2 percent, aiming to reduce multidimensional poverty and promote equitable development. The Universal Child Benefit is to provide financial support to all children, reduce childhood poverty, promote equitable development opportunities, […]
Analysts at Proshare Nigeria, an online news media, have projected increased bank loans and advances among other things following banks’ recapitalization. Presenting a book, “ Beyond Profit: How a Nigerian company built a culture of credibility”, in Lagos Mr. Teslim Shitta-Bey, Managing Editor/Chief Economist, Proshare Nigeria, said: “Banks will increase loans and advances. Those will result […]
The Naira yesterday depreciated in the parallel market to N1,520 per dollar from N1,515 per dollar on Tuesday. Similarly, the Naira depreciated to N1,512.61 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,512.61 per dollar from N1,509.45 per dollar on […]
Former Super Eagles coach, Finidi George has been unveiled as the new technical manager of Rivers United. The club made the announcement in a post on its X account on Wednesday. “Rivers United Football Club is pleased to announce the appointment of Finidi George as our new Technical Manager,” the club said in a statement […]
An operative of the Economic and Financial Crimes Commission (EFCC) has died by suicide at his residence in Abuja, Nigeria’s capital city. The deceased, a member of Course 5, was described as diligent, efficient, and unassuming. A source at the headquarters of the commission said, “The deceased was a diligent and efficient operative, known for […]
The high cost of drugs in the country would persist, as local production of the products is near total collapse due to inconsistencies in government policies. Though the Nigerian pharmaceutical market boasts over 200 manufacturing and packaging companies made up of three dominant segments of readily available over-the-counter drugs (43.1 per cent), affordable generics (38.9 […]
IT was confusion and lamentation galore in Lagos, yesterday, as activities in most parts of the state were paralysed following early morning rains that left many neighbourhoods heavily flooded, with motorists trapped along major roads, including the ever-busy Third Mainland Bridge. It was also blame galore, with many pointing accusing fingers at the state government […]
A final year student of the Tai Solarin University of Education (TASUED), Ijagun, Ogun State, Ahmed Ayinla Fabiyi has been killed by suspected cultists. Fabiyi, a student of History and Diplomatic Studies Department, who was seated for his final paper, was dragged out of the examination hall by the cult group. It was gathered that […]
Famous Nigerian musician, Burna Boy has set tongues wagging following the celebration of his birthday with his parents. In a now controversial video on social media, Burna Boy celebrated his 33rd birthday with his mother, Bose Ogulu, and his father at a nightclub. The clip, which quickly captured netizens’ attention on the internet, sparked hilarious […]
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