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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by Uchechukwu Okoroafor, AbujaThe recent judgements of the election petition tribunals, in the country, especially, the judgement of the Presidential Election Petition Tribunal (PEPT) on Wednesday September 6, has brought to the fore the danger that corruption in the judiciary poses to sustenance of democracy in Nigeria.This is more so
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Federal Capital Territory (FCT) minister, Nyesom Wike has vowed to collect over N34 billion owed the FCT administration.Wike made the vow while speaking to members of the House of Representatives Adhoc Committee to Investigate Failure of Mass Transportation in Nigeria, during a working visit in his office, yesterday.The minister warned
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The Department of State Services (DSS), is reported to have arrest the deputy governor of the Central Bank of Nigeria (CBN) in charge of Financial System Stability, Aisha Ahmad.It was alleged that Ahmad was brought in by the DSS over the alleged fraudulent acquisition of shares in Polaris Bank, Titan
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Nigerian referees have been snubbed for the upcoming Africa Cup of Nations (AFCON) in Ivory Coast in 2024.UNITY TIMES reports that the Confederation of African Football (CAF) released a list of 32 centre referees, 33 assistant referees, and 2 VAR officials for the tournament on its website, but no Nigerian
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UBA Foundation, the corporate social responsibility arm of the United Bank for Africa (UBA) Plc, has commenced the 2023 edition of its annual National Essay Competition (NEC) in Nigeria, with a call for entries.Now in its 13th year, the annual National Essay Competition is part of UBA Foundation’s education initiative
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The Minister of Education, Prof. Tahir Mamman, has revealed that the Federal Government intends to increase funding for the education sector by 25%.He made this revelation as he declared open the 2021 and 2022 Nigeria Annual Education Conference (NAEC) with the theme “Implementation of Education 2030 Agenda for Sustainable Development
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The National Assembly Election Petitions Tribunal sitting in Umuahia, on Tuesday, upholds the election of Senator Orji Uzor Kalu of the All Progressives Congress, APC, as senator representing Abia North senatorial district.Delivering the judgment on the petitions filed by both Candidates of the Peoples Democratic Party, PDP and Labour Party,
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