The World Bank has listed the Nigerian naira among the worst-performing currencies in Africa.According to World Bank, the naira weakened by nearly 40% against the US dollar since it was devalued in June.It was revealed in the global bank’s report titled, ‘Africa’s Pulse: An analysis of issues shaping Africa’s economic
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The Nigerian Communications Commission (NCC) said the number of active mobile subscriptions in the country has reached 220,715,961 million as of August 2023.The Executive Vice Chairman (EVC) of NCC, Prof. Umar Danbatta, disclosed this at the 18th Abuja International Trade Fair organised by the Abuja Chamber of Commerce and Industry
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The Lagos State Police Command has confirmed that Owodunni Ibrahim aka Primeboy has turned himself in for interrogation over the death of Afrobeats musician Ilerioluwa Oladimeji Aloba, known as Mohbad.The Lagos Police spokesperson, Ben Hundeyin, had on Wednesday declared Primeboy wanted following his failure to honour the invitation successfully sent
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Former Vice President Atiku Abubakar had on Thursday addressed a press conference on issues arising from the controversies surrounding the released documents of President Bola Tinubu by Chicago State University.Atiku, who was the presidential candidate of the Peoples Democratic Party (PDP) in the 2023 general election, questioned the certificates submitted
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The former President of the Nigerian Bar Association (NBA), Olumide Akpata, has joined the Edo State governorship race.Akpata, who declared his intention to vie for the Labour Party ticket on Thursday in Benin City, described the party as the only people-oriented platform in the country.The former NBA president said he
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President Bola Ahmed Tinubu, on Thursday, reiterated his administration’s avowed determination to ensure teachers get their due reward.He regretted the challenges confronting Nigerian teachers, including overcrowded classrooms, scarce resources and limited opportunities for professional development, which he said are the result of prolonged neglect of the noble profession.The President made
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The Senate on Thursday summoned the Inspector General of Police, Kayode Egbetokun, the FCT Minister, Nyesom Wike, and the Minister of Health, Ali Pate, over the death of Ms Greatness Olorunfemi.Ms Olorunfemi died on Tuesday, last week, after she was denied medical attention at the Maitama District Hospital in Abuja.The
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The Federal Government Thursday began opening bids from 47 companies for the supply of 1.25 million electricity smart meters funded by the World Bank’s $155 million loan.The bid opening is part of the Federal Government’s National Mass Metering Programme started in 2021 with the supply of one million meters in
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