News

The Federal Government has announced its qualification for a loan from the World Bank, totaling 2.25 billion dollars.The Minister of Finance, Wale Edun announced this during a joint press conference held by the Ministry of Finance and the Central Bank of Nigeria (CBN) at the spring meetings of the International Monetary Fund (IMF) and the World Bank in Washington D.C.He said the package, approved by the Bo...

The Minister of Solid Minerals Development, Dele Alake has said that the federal government would investigate the alleged illegal mining operations in Benue state.He also vowed that those found culpable will face the full wrath of the law.The minister spoke after listening to submissions from representatives of the affected mining operators and relevant mines inspectorate officials from the state....

The Central Bank of Nigeria (CBN) Governor, Yemi Cardoso, has said that the volatility in the foreign exchange (FX) rate cannot end overnight, adding that there will be continuous ups and downs in the market.He, however, assured Nigerians that the CBN is doing everything possible to ensure that Nigeria achieves a stable exchange rate.Cardoso spoke in a joint briefing on the sidelines of the just-concluded ...

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The National Drug Law Enforcement Agency (NDLEA) says its operatives have arrested three members of an organized criminal organization which specializes in illicit drug trafficking across Nigeria, South Africa, Mozambique, Europe and America following the recent seizure of the single largest consignment of heroin at the Murtala Muhammed International Airport, MMIA Ikeja Lagos.The NDLEA in a statement signed by its spokesper...

President BOLA TINUBU will open the African Counter-Terrorism Summit in Abuja today....

The Nigeria Labour Congress has listed seven demands from the Federal Government ahead of the May 1, 2024 Workers’ Day....

Two aspirants and the agents of two other contestants have raised concerns about the conduct of the All Progressives Congress (APC) primary for the Ondo governorship elections....

President Bola Tinubu has commended Chess master, Tunde Onakoya, on setting a new world chess record.President Tinubu thanked Onakoya for sounding the gong of Nigeria’s resilience, sel...

The Nigerian Navy Ship Delta has warned criminals to steer clear of its areas of operation or get prepared for the consequences.This was as the Navy admonished its personnel to stay out of t...