The Central Bank of Nigeria (CBN) has denied an alleged plan to introduce a new naira policy that will crash the dollar exchange rate to N1.25 kobo.A report circulating online claimed that the CBN was mulling a new FX policy which is scheduled for November 2023 and will “better anchor
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Durojaiye Ogunsanya, a public affairs analyst, on Wednesday, said he was one of the classmates of President Bola Tinubu, at the Chicago State University (CSU).Ogunsanya’s claim is coming amid controversies surrounding Tinubu’s academic records, especially from the Chicago University.Recall that, Atiku Abubakar, Presidential candidate of the Peoples Democratic Party (PDP),
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Nigerian Tonye Solomon has set a new Guinness World Record by climbing 150 steps to the top of a 250-foot (76-meter) tall radio mast while expertly keeping control of a football atop his head.UNITY TIMES reports that the feat, which Solomon achieved on August 10 in Yenagoa, the capital of
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The remains of late Nigerian singer, Ilerioluwa Oladimeji Aloba, aka Mohbad, have been laid to rest.Mohbad was buried in Ikorodu, Lagos on Wednesday, September 13, according to Islamic rites.Mohbad died on Tuesday, September 12, at the age of 27.The late singer’s family had confirmed his death with the brief statement:“It
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The National Emergency Management Agency (NEMA) has issued a warning that 13 states and approximately 50 communities, mainly in the northern regions, may experience heavy rainfall leading to potential flooding from September 13 to 17.Ibrahim Farinloye, the Lagos Territorial Coordinator for NEMA, shared this information in a statement to NAN
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The naira has dropped to N930 per dollar at the parallel section of the foreign exchange (FX) market.According to reports, the plunge was due to the scarcity of the greenback.The traders put the buying price of the dollar at N925 and the selling price at N930 to make a profit
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Telecommunications group MTN Nigeria has secured the approval of the Nigerian Communications Commission (NCC) for the transfer and assignment of the 10 MHz frequency division duplex (FDD) in the 2.6 GHz spectrum band from OpenSkys Services to MTN Nigeria.The additional spectrum, the licence of which is effective September 7 and
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Students of the University of Lagos under the aegis of a group tagged Students Solidarity Group Against Students Hike in collaboration with the National Association of Nigerian Students (NANS) hit the streets on Tuesday morning to protest the increment in tuition fees by the management of the institution.The students of
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