•Lagdo-dam Following torrential rains and the recent devastation of Maiduguri, the Borno State capital, due to the collapse of Alau Dam, Nigerians in littoral states of the country are currently on edge over a possible re-enactment of similar tragedies in the wake of the reported release of excess water from Lagdo Dam in Cameroun. Recall [&hel...
•Abuja The Nigerian Geological Survey Agency, NGSA, has allayed fears over earth tremors experienced in the Federal Capital Territory urging residents not to panic. A statement by the Director-General of the agency, Professor Olusegun Ige disclosed that NGSA monitored the tremors and found them to be low and did not pose any threat to the [&he...
•Petrol scarcity Many oil marketers have shut their filling stations, as panic buying continues in Lagos and its environs. This is even as the petrol supply challenges facing the Federal Capital Territory, FCT, eased slightly following the supply of the product to many oil marketers. However, checks by our correspondent indicated that many mar...
•CBN headquarters, Abuja Some bank customers have expressed panic as the Central Bank of Nigeria bans mobile money operators including fintech firms from onboarding new customers. However, the Bank Customers Association of Nigeria backed the CBN directive, reports The PUNCH.A The new directive will affect fintech companies such as OPay, Palmpa...
•Troops Igbomotoru community in the Southern Ijaw Local Government Area of Bayelsa State has been deserted by the people following alleged attack on the community by several armed soldiers yesterday. Though the reason for the alleged military invasion of the community could not be confirmed, it was gathered today that the soldiers were reporte...
Natives and residents of Iddo-Sarki community along Airport Road, Abuja, were gripped with panic following the mounting of demolition signposts by the Nigerian Navy (NN) in the area. Our correspondent who visited the community observed that the signposts had an inscription which read: “This land belongs to the Nigerian Navy, Park and leave. Al...
•Duty exchange rate under Tinubu The adoption of the spot foreign exchange (FX) rate in computing duty on imported commodities has thrown importers and the entire business community into a panic mode. For the first time, the Nigeria Customs Service (NCS) raised the import duty exchange twice within 24 hours on Friday under the guise […]...
•Explosion Heavy explosion has rocked Maitama, the heart of Abuja. News of the incident had sent panic around the city. The FCT police command has however urged citizens not to panic as blast was due to an over-heated Refuse bin. FCT police command in a statement said the explosion occurred at about 11:45 pm, near […]
•CBN Governor Yemi Cardoso Financial experts and seasoned economists have sued for caution in the way and manner the Special investigation report on the Central Bank of Nigeria (CBN) is being handled to forestall the possibility of eroding public confidence in the institution. The leaked report raises serious allegations against various offici...
A veil of anxiety appears to have been flung over university camÂpuses in Nigeria in the wake of academics leaving the country amid the japa wave. University administrators have been thrown into panic as the number of lecturers available for teaching is fast diminishing, reports Sunday Independent. According to Statista Research Department, as...
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