Nigeria’s President, Bola Tinubu, made a request to the Senate on Thursday to approve a N62 billion ($800 million) loan from the World Bank. The loan aims to fund a social programme aimed at easing the impact of high fuel prices following the removal of a popular but costly petrol subsidy. In a letter to Read More…
The Debt Management Office (DMO) issued a call to investors on Thursday, urging them to seize the opportunities presented by the Federal Government of Nigeria (FGN) savings bonds, which are offered at a minimum investment amount. The call was made during the FGN Securities Awareness Programme held in Lagos, organized in collaboration with CSL Stockbrokers Read More…
In a significant move towards justice reform and decongestion of custodial centres, the Chief Judge of Lagos State, Justice Kazeem Alogba, granted amnesty to 30 prisoners on Thursday, ordering their reintegration into society. These individuals were among the 40 inmates slated for pardon by the chief judge, while the remaining 10 faced varied outcomes. During Read More…
The Nigerian Naira displayed a positive trend on Wednesday as it witnessed appreciation against the dollar, exchanging at N782.49 at the investors’ and exporters’ window. This marks a gain of 0.75 per cent compared to Tuesday’s exchange rate of N788.42. The open indicative rate, a reference point for currency exchange, closed at N775.75 to one Read More…
Nigeria’s U-19 male cricket team is set to embark on a crucial journey as they depart the country on Thursday for a tour of Kigali, Rwanda. This tour comes as part of their preparations for the upcoming 2024 World Cup U-19 Africa Division One qualifiers, which will be held in Tanzania from July 23 to Read More…
Governor Babajide Sanwo-Olu of Lagos State hailed Prof. Oluwole Soyinka, the renowned Nobel Laureate, as Nigeria’s pride as he turns 89 years old. Prof. Soyinka, who was awarded the Nobel Prize in Literature in 1986 and became the first sub-Saharan African to receive such an honour, marked his birthday on Thursday, July 13. In a Read More…
President Bola Tinubu assured Nigerians on Wednesday in Abuja that the government was working on a framework for palliatives to address the consequences of fuel subsidy removal. He emphasized that the decision to phase out the subsidy was made in the country’s best interest and to secure future prosperity. During a courtesy visit by members Read More…
There will be more African teams in this year’s Women’s World Cup finals in Australia and New Zealand, which might theoretically boost the continent’s chances of doing well, but in reality, those teams may be lucky to go through the first round. There will be 32 teams total, with four coming from Africa, up from Read More…
According to the Lagos State Government’s Domestic and Sexual Violence Agency (DSVA), 75% of survivors were aware of their spouses’ violent behaviours prior to marriage. Mrs Titilola Vivour-Adeniyi, Executive Secretary of the Lagos State Domestic and Sexual Violence Agency (DSVA), stated this at a meeting with members of the Lagos State Association of Professional Wedding Read More…