The Central Bank of Nigeria has said it is set to prosecute forex defaulters in the country.The CBN Acting Director of Communication, Mrs. Sidi Ali, disclosed this in a statement in Abuja on Wednesday.Nigeria has nearly $7 billion in forex forwards that have matured, which is a major concern for
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Through the Nigerian Electricity Regulatory Commission (NERC), the Federal Government yesterday approved an upward review of the electricity tariff.NERC Chairman Sanusi Garba, who broke the news in Abuja, said it would cost the government between N120 billion and N130 billion monthly (N1.6 trillion) to subsidise electricity this year.Asked for how
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President Bola Tinubu, on Tuesday night in Abuja, said he benefited immensely from his close relationship with long-time confidant Chief Bisi Akande and that he considered himself lucky to have him.Speaking at a dinner held at the State House Conference Centre to celebrate the 85th birthday of the elder statesman,
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The presiding judge of the Upper Shariah Court sitting in Bauchi, Hussaini Turaki, has issued an arrest warrant on the chief imam of Dusten-Tanshi Jumma'at Mosque, Dr. Idris Abdul'aziz, for his failure to appear before the court.Dr. Abdul'aziz has been on trial in a case bordering on alleged contempt against
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The Rivers State House of Assembly has resolved to stop accepting correspondence from Governor Siminalayi Fubara.The resolution followed observations by the speaker, Hon. Martins Amaewhule, during the 92nd legislative sitting of the House yesterday in Port Harcourt, the state capital.Amaewhule expressed displeasure over the behaviour of the staff of Government
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The Nigerian Army has attributed the death of a soldier deployed for standby duty at Headquarters 81 Division Nigerian Army Cantonment in Abeokuta, Ogun State, to accidental discharge due to negligence.This is contrary to media reports that a soldier of 35 Artillery Brigade terminated his life due to non-payment of
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The Federal Capital Territory (FCT) Christian Pilgrims Welfare Board (CPWB) has commenced the screening of intending pilgrims to the Holy Land.The minister of state for FCT, Mariya Mahmoud, declared open the commencement of the screening exercise yesterday in Abuja.The minister, who was represented by her special assistant on Social Development,
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Abia State has recorded three cases of measles in Umunneochi and Arochukwu local government areas. The cases occurred in the northern part of the state, but the two councils do not share boundaries.The information and strategy commissioner, Okey Kanu, disclosed this along with three of his colleagues who spoke on
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The 31st of December, 2023, marked a significant event in the annals of Aggrey Memorial College Arochukwu as the Alumni Association gathered for their much-anticipated 2023 Annual General Meeting (AGM) at the esteemed Abner Hall. This pivotal assembly was not only a platform for deliberations on pressing issues but also
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The Minister of Aviation and Aerospace Development, Mr. Festus Keyamo, has declared that the Akwa Ibom International Airport, Uyo, has the potential to become the best aviation hub in Africa.He said the feat will be attained when the Maintenance, Repair, and Overhaul (MRO) facility, now at about 95 percent completion,
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