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faith Jegede

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CBN Bans Banks From Utilising Naira Devaluation Gains

The Central Bank of Nigeria (CBN) has asked deposit money banks (DMBs) to stop utilizing gains from the revaluation of the naira to pay dividends or finance operations.

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Umahi Tackles Contractor Over Shoddy Job

The new minister of works, Senator Dave Umahi who is on a familiarization tour of the federal roads across Nigeria, slammed a contractor handling roads in the East, for doing shoddy jobs.

faith Jegede -

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FG Hikes Electricity Meters Price By 40%

The Federal Government, on Wednesday, announced an increase in the prices of single-phase and three-phase pre-paid electricity meters and declared that the hike takes effect from September 6, 2023.

faith Jegede -

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NANS Tackles DSS, To Storm UNILAG Tomorrow

The National Association of Nigerian Students has warned the Department of State Services not to try to deter students from exercising their rights to protest, saying this is a universally recognised human right.

faith Jegede -

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Nigerians to Pay for New Multipurpose National ID Card – NIMC

The National Identity Management Commission (NIMC) has revealed that Nigerians will be required to pay for the newly designed multipurpose national identity card due to limited government revenue. The announcement was made during a two-day journalists' roundtable in Lagos, with Dr. Peter Iwegbu, Head of Card Management...

Spain Slams $187m Fine on Five Airlines

Spain’s leftist government said for “abusive practices” such as charging passengers for hand luggage, it has fined five budget airlines including Ryanair and EasyJet 179 million euros ($187 million). The consumer rights ministry said in a statement that carriers, which also included Spanish airlines Volotea and Vueling along...

Enugu to Host 23rd National Sports Festival

The National Sports Commission has announced Enugu State as the host of the 23rd edition of the National Sports Festival in 2026. This statement was disclosed by the NSC Director-General, Bukola Olopade. He said the decision was reached after a top management meeting of the NSC.According to him, the...