News

The Central Bank of Nigeria (CBN) says it has ended the sales of forex to Bureau De Change operators, with weekly sales of foreign exchange to henceforth go directly to commercial banks.CBN Governor, GODWIN EMEFIELE, made the announcement while briefing reporters on the outcomes of the Monetary Policy Committee (MPC) meeting in Abuja, the Federal Capital Territory (FCT). The CBN go...

The Police in Benin Republic have dispersed journalists and hundreds of Yoruba Nation activists from the premises of the Cour Deappal De Cotonou on Monday.The officers drove into the venue of the hearing of the case against Sunday Adeyemo, also known as Sunday Igboho, in about seven trucks.They chased away the crowd, who were waiting on the court's verdict.Igboho’s lawyers and his wife, Ropo, were allowed inside the courtroom....

A total of 89 persons lost their lives while 664 others were injured in 342 road crashes between January and May, in Ogun state.The Ogun state Traffic Compliance and Enforcement Corps TRACE disclosed this in a document made available to newsmen.According to the statistics, 79 male and 13 female adults died, while 473 males and 191 females sustained varying degrees of injuries in the accidents.TRACE also revealed that 285 vehicles and 57 mo...

Nigerian athletes PATIENCE OKON-GEORGE and CHIOMA ONYEKWERRE have been confirmed by World Athletics to compete at the delayed 2020 Olympics in Tokyo.World Athletics released the details of all qualified athletes at midnight following the expiration of the deadline for qualification.                          OKON-GEORGE and ONYEKWERRE made the cut via their world ranking in their respective eve...

The Federal Government has said it spends about 30 billion naira to subsidize electricity every month in Nigeria.The government stated this in a document on the progress and overview of Nigeria’s power sector.It disclosed that the government’s subsidy on electricity had been reduced by 20 billion naira monthly following improvements in the collection of power tariffs by distribution companies.In February this year, the Minister...

The Speaker of the House of Representatives, FEMI GBAJABIAMILA says that the House will work to pass the Electoral Act amendment bill and the Petroleum Industry Bill before it embarks on its summer vacation by the middle of July.In his brief remark on resumption of plenary after two weeks break, he said the two legislations were very important to the House hence the need to pass them before the vacation.He said even though the period was very tight for the ...

The House of Representatives has received a request for the consideration of the 2021 supplementary budget from President MUHAMMADU BUHARI.The President is requesting the sum of 895.8 billion naira to supplement the 2021 budget.The proposed supplementary budget is intended to be used to equip the military, fund Covid-19 vaccination programs and the management of HIV.The Senate last week considered the president’s request and passed t...

Oyo State Governor SEYI MAKINDE has announced the dissolution of the state’s Executive Council.The Chief Press Secretary to the governor, TAIWO ADISA, in a statement said that Governor MAKINDE announced the dissolution of the Executive Council after a meeting which lasted about five hours.Those affected include the Chief of Staff to the Governor and 17 Commissioners, while the Secretary to the State Government, the Head of Service, and the Director-Ge...

South Africa’s former President JACOB ZUMA has been sentenced to 15 months in jail for contempt of court following his refusal to appear before an inquiry.A judge at the Constitutional Court, Justice SISI KHAMPEPE said that the sentencing of the former President would send a clear message that the rule of law and the administration of justice prevails.She also ordered that JACOB ZUMA hand himself over within the space of 5 days.79-ye...

Residents living in flood-prone and wetland areas have been urged to make provision for temporary relocation so as to avoid the severe impact of the flash flooding expected between July 8 and July 15.The special adviser to the Ogun state governor on Environment, OLA ORESANYA in a statement, said a high intensity rainfall is being expected in September 2021 that will result into river flood and a rise in the water level as a result of the likely release of water from Oyan Dam...