•CBN Governor Cardoso The Central Bank of Nigeria (CBN) has debunked reports that it is considering a policy to convert foreign currencies in domiciliary accounts of citizens to naira to stabilise the national currency, which earlier this week recorded its worst performance in history. Management of the CBN debunked this news via its official ...
•House of Representatives The House of Representatives at the weekend foiled a plot to convert the N50 billion bailout facility given by the Federal Government to airlines to an intervention fund. The move was frustrated by the House Committee on Public Accounts, chaired by Hon Bamidele Salam during the resumed investigative hearing into the m...
The Ministry of Humanitarian Affairs and Poverty Alleviation has announced plans to employ additional aid workers to improve humanitarian response time. The ministry said the employment would be on a temporal basis as part of the federal government’s commitment to reduce unemployment in the country, reports The PUNCH. It was earlier reported t...
Sixteen days to this year’s Christmas, many Nigerians have said they do not have plans to travel out of their locations to mark the season as a result of insecurity, high cost of transportation and the general economic hardship in the country. They blame the situation on the removal of fuel subsidy and weakening of […]
The President of the Nigeria Football Federation, Ibrahim Gusau, has promised the introduction of the Video Assistant Referee to the Nigeria Football League. VAR is a system that helps referees to decide better about players’ fouls, if a goal was valid, red card decisions, in football matches. Gusau gave the assurance during the maiden retreat...