Dr Olayemi Cardoso, on Friday, formally assumed duty as the acting Governor of the Central Bank of Nigeria (CBN).According to a statement by Isa AbdulMumin, CBN’s Director, Corporate Communications, Cardoso’s resumption in acting capacity is pending his confirmation by the Senate.“This follows the resignation of Mr. Godwin Emefiele as Governor
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The naira traded at N955 to a U.S. dollar on Thursday, according to data captured from AbokiFX, an online application platform that provides daily updates and information on the parallel market.This new rate of N955 to the greenback represents a significant drop in the value of the Nigerian currency, which
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President Bola Tinubu has joined Nigerians, academia, and the scientific community in celebrating Professor Hippolite Amadi for being awarded the 2023 edition of The Nigeria Prize for Science.Recalls that the Advisory Board of The Nigeria Prize for Science on Thursday announced Prof Amadi’s novel scientific work on respiratory technologies for
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The Plateau State Governorship Election Petition Tribunal sitting in Jos on Friday dismissed the petition filed by Dr Nentawe Goshwe Yilwatda of the All Progressives Congress.Goshwe had challenged the election of Caleb Mutfwang of the Peoples Democratic Party as the governor of the state, alleging that Mutfwang was not qualified
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The Trade Union Congress (TUC) has announced that it will mobilise workers for a one-day protest in Lagos State.The protest is scheduled for Monday, September 25.The workers’ union plans to stage the protest ahead of its planned strike against the state government’s ban on the Road Transport Employers Association of
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The Nigeria Labour Congress on Friday confirmed the release of the four leaders of the Nigeria Union Road Transport Workers by the Nigeria Police Force.The NLC President, Mr Joe Ajaero, confirmed the release in a telephone interview with the News Agency of Nigeria in Abuja.Ajaero said that the officials were
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President Bola Tinubu’s was on Wednesday invited by the National Association of Securities Dealers Automatic Quotation System (NASDAQ), in the world’s financial capital, to ring the closing bell.The President, surrounded by Nigerian business leaders and officials of the Nigerian Stock Exchange, in trademark fashion, seized the opportunity to boldly advance
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The deputy speaker of the House of Representatives, Benjamin Okezie Kalu has assured Nigerians that the present National Assembly would work with the executive arm of government to ensure a comprehensive reform of the nation’s tax law and effectively eliminate multiple taxation in Nigeria.Kalu, who spoke at the World Bank
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Ukraine struck the headquarters of Russia’s Black Sea Fleet in a missile attack Friday that left a serviceman missing and the main building smoldering, according to officials on both sides of the conflict and images from the scene in annexed Crimea.The Russian Defense Ministry initially said one service member was
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Judge Nancy Maldonado of a United States court has concurred with delaying an order instructing Chicago State University to provide President Bola Tinubu’s academic documents to former Vice President Atiku Abubakar’s legal team.The hearing occurred late Thursday night when the Tinubu’s lawyers submitted an emergency motion to postpone the enforcement
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