Author: NPO Admin I
The Central Bank of Nigeria (CBN) has restated commitment to boost liquidity in the Foreign Exchange (FX) market. CBN’s Director, Corporate Communications, Dr Isa AbdulMumin, made this known on Thursday in Marrakech. AbdulMumin also announced that Importers of all the 43 items previously restricted in 2015 are now allowed to purchase foreign exchange in the Nigerian FX market. He said that the apex bank would continue to promote orderliness and professional conduct by all participants in the market. According to him, the idea is to ensure that market forces determined exchange rates on a “Willing Buyer-Willing Seller” principle. “The CBN…
Kano State has at least 989,234 out-of-school children, UNICEF’s Country Representative in Nigeria, Ms Cristian Munduate, said in Kano on Thursday. She told a news conference that the almost one million out-of-school children in the state are of both gender. Munduate said Nigeria needed to redouble efforts in addressing the critical issue of out-of-school children and improve investments in the education sector. “There is the need for every child to have access to education,’’ she said. The country representative added that 1.5 million girls were enrolled in schools under UNICEF’s Girls’ Education Project Phase 3, implemented between 2012 and 2022.…
The International Olympic Committee’s executive board has suspended the Russian Olympic Committee “with immediate effect until further notice”. The move comes after the ROC recognised regional organisations from four Ukrainian territories illegally annexed by Russia since its full-scale invasion began in 2022. The IOC said last Thursday’s recognition was “a breach of the Olympic Charter because it violates the territorial integrity of the National Olympic Committee of Ukraine”. The suspension means the ROC “is no longer entitled to operate as a National Olympic Committee” and “cannot receive any funding from the Olympic movement”. Olympic Councils from the regions of Luhansk,…
Gaza’s only power plant ran out of fuel on Wednesday, and back-up generators could stop working in hours, it adds. Medical centres have been overwhelmed after Israel imposed a “complete siege” on Gaza and pounded the territory with air and artillery strikes. Hamas launched an unprecedented attack on southern Israel on Saturday. Israel has vowed not to restore electricity or allow basic resources and humanitarian aid into Gaza until Hamas releases around 150 hostages it abducted during its attacks on Saturday. “As Gaza loses power, hospitals lose power, putting newborns in incubators and elderly patients on oxygen at risk. Kidney…
By Kamil Opeyemi The Defence Headquarters says troops of Operation Delta Safe have uncovered and deactivated 53 illegal refining sites, recovered stolen products and apprehended 19 suspected oil thieves in one week. The Director, Defence Media Operations, Maj.-Gen. Edward Buba, disclosed this while briefing newsmen on the operations of the Armed Forces of Nigeria across the country on Thursday in Abuja. Buba said the troops had sustained momentum against crude oil theft in the Niger Delta region. He said the troops discovered and destroyed 54 dugout pits, 66 boats, 138 storage tanks, 253 cooking ovens, two pumping machines, eight…
By Kamil Opeyemi President Bola Tinubu has asked the Supreme Court to dismiss the appeal filed by former Vice President Atiku Abubakar and the Peoples Democratic Party (PDP) challenging his victory in the 2023 presidential election. The President described the appeal as abusive in nature and prayed for its dismissal. The President insisted that the PDP presidential candidate (Atiku) and his party failed to prove all their allegations and submissions at the Tribunal. Tinubu submitted that the tribunal was correct in arriving at its verdict and affirming his election. He described Abubakar’s application granted at the US court as…
By Kamil Opeyemi The House of Representatives has screened the Board and Management of the Niger Delta Development Commission (NDDC). The nominees appeared before the ad hoc committee mandated to conduct the screening in Abuja on Thursday. Rep. Erhiatake Ibori-Suenu, the Chairman of the committee, charged the designates to justify the confidence reposed in them by President Bola Tinubu. She said more than ever before, the NDDC needed visionary leaders with integrity to drive the discharge of the commission’s mandate. This, according to her, is to translate to tangible impact on the lives of the people and communities in…
By Kamil Opeyemi The Lagos State government has announced that it is shutting down services for the Lagos Rail Mass Transit (LRMT) Blue Line on Saturday after the morning peak service and for the entire day on Sunday. According to Governor Babajide Sanwo-Olu who disclosed this in a post on X, formerly Twitter on Wednesday, the suspension of services for the two days is to allow for increase in train trips from 12 to 54. Noting that the plan is to achieve 74 trips by the end of November, Sanwo-Olu added that the momentary shut down which will allow…
By Halimah Olamide An opposition element raises objection to President Bola Tinubu’s choice of a lawyer whom he said lacks the requisite criteria for the position of the chairman of the country’s anti-graft body, EFCC A spokesman of the former Vice President Alhaji Atiku Abubakar, Daniel Bwala, has faulted President Bola Tinubu in his choice of Mr. Ola Olukoyede as the new chairman of the Economic and Financial Crimes Commission. Bwala’s condemnation of Tinubu’s choice came barely an hour after the presidency on Thursday announced the new EFCC boss who succeeds AbdulRasheed Bawa. Bwala said the law setting the commission…
By Kamil Opeyemi Sen.Ifeanyi Ubah has on Thursday announced his decision defect from the Young Progressive Party (YPP) to the All Progressives Congress (APC). Ubah, who made his decision known in a letter read by President of Senate, Godswill Akpabio at plenary said that he decided to join the APC because of some irreconcilable differences in the YPP. “I am writing to formally notify and inform you that due to irreconcilable differences, I have resolved to move from the Young Progressives Party (YPP) to the All Progressives Congress (APC). “As a dedicated politician and a representative of the people, I…