Nigerian Economists Analysis Reveal Nigerian Naira Appreciates Against Us Dollar, But Fails To Slash Food Prices Instantly

Nigerian Economists Analysis Reveal Nigerian Naira Appreciates Against US Dollar, but Fails to Slash Food Prices Instantly

Nigerian Economists reveal, the recent uptick in the value of the Nigerian naira relative to the US dollar has prompted economic analysts to delve into the potential ramifications for consumers, particularly regarding food prices. However, cautionary sentiments prevail among experts who suggest that this currency fluctuation may not directly translate into immediate relief at the…

Continue reading
The Acting Rector Of Nigerian College Of Aviation Technology, Ncat, Zaria, Shaka Imaglighwe Revealed The Unfortunate Sale Of Two Helicopters Meant For Training Purposes

The Acting Rector of Nigerian College of Aviation Technology, NCAT, Zaria, Shaka Imaglighwe revealed the unfortunate sale of two helicopters meant for training purposes

The acting Rector of the Nigerian College of Aviation Technology, NCAT, Zaria, Shaka Imaglighwe , disclosed a concerning revelation during an inquiry into the sale of two helicopters. Imalighwe confirmed that the institution lacks helicopters designated for training purposes. This revelation sheds light on a critical deficiency within the college’s infrastructure, potentially impacting the quality…

Continue reading
Cbn Empowers Nigerian Banks With Dominant Upward Review Of N500Bn, N200Bn Minimum Capital Requirements, Solidifying Financial Stability

CBN Empowers Nigerian Banks with Dominant Upward Review of N500bn, N200bn Minimum Capital Requirements, Solidifying Financial Stability

In a bid to fortify the resilience of Nigeria’s banking sector amidst prevailing macroeconomic challenges, the Central Bank of Nigeria (CBN) has declared an increase in the minimum capital requirements for commercial, merchant, and non-interest banks. The move, as elucidated by Haruna Mustafa, director of the financial policy and regulation department, aims to bolster the…

Continue reading
The Reduction In Air Ticket Prices By 30% Sparks Optimism Amid Decreased International Air Transport Association (Iata) Rates In Nigeria

The Reduction in Air Ticket Prices by 30% Sparks Optimism Amid Decreased International Air Transport Association (IATA) Rates in Nigeria

The reduction in air ticket prices in Nigeria can be attributed to the notable decrease in the International Air Transport Association (IATA) rate for ticket sales. Previously standing at nearly N1,800 per US dollar, the IATA rate has now dropped to N1,468 per US dollar as of Tuesday. This shift in the IATA rate has…

Continue reading
Labour Party Convention In Nnewi, Anambra State, Defiant Amidst Controversy With Nigeria Labor Congress

Labour Party Convention in Nnewi, Anambra State, Defiant Amidst Controversy with Nigeria Labor Congress

The Labour Party (LP) affirms the continuity of its scheduled convention in Nnewi, Anambra State, amid recent controversies. Despite facing scrutiny, the party remains steadfast in its commitment to democratic processes and has diligently prepared for the event. Acting National Publicity Secretary, Obiora Ifoh, has provided assurances regarding the convention’s seamless execution, instilling confidence in…

Continue reading
Minister Of Works, David Umahi'S Proactive Measures Drive Road Infrastructure Overhaul, Saving Over N300B For Nigeria'S Development Agenda

Minister of Works, David Umahi’s Proactive Measures Drive Road Infrastructure Overhaul, Saving Over N300B for Nigeria’s Development Agenda

Minister of Works, David Umahi’s, recently addressed pressing road infrastructure issues in Onitsha, South-east Nigeria. Through his spokesperson Uchenna Orji, Umahi emphasized the government’s commitment to developing durable road networks. He stressed the importance of efficient design and cost-effectiveness in infrastructure projects, aiming to enhance transportation efficiency and safety for citizens. Umahi expressed empathy for…

Continue reading
Nigerian Army Is Set To Release 200 Detainees Cleared Of Boko Haram Ties In Borno State

Nigerian Army is Set to Release 200 Detainees Cleared of Boko Haram Ties in Borno State

The Nigerian army has announced plans to release 200 detainees following extensive investigations that concluded they have no affiliations with the notorious terrorist organization, Boko Haram. This strategic move is part of the military’s ongoing commitment to maintaining justice and equity in its counterinsurgency operations within the region. By releasing these individuals, the army not…

Continue reading
Army War College Nigeria Launches Internal Security Study Tour To Rejigging National Security Architecture And Fostering Military Operational Effectiveness

Army War College Nigeria Launches Internal Security Study Tour to Rejigging National Security Architecture and Fostering Military Operational Effectiveness

The Army War College Nigeria (AWCN) launches a transformative initiative with the commencement of the Internal Security Study Tour (ISST), signaling a significant advancement in the nation’s security architecture. The carefully curated theme of the tour underscores the imperative need for a holistic security strategy, highlighting the complex array of security challenges facing the country….

Continue reading
Nigerian Army Troops And Police Repel Deadly Attack In Tsafe, Zamfara State

Nigerian Army Troops and Police Repel Deadly Attack in Tsafe, Zamfara State

In a display of swift and coordinated action, Nigerian army forces successfully thwarted a potentially catastrophic attack in Tsafe local government area of Zamfara State. Troops from the Joint Task Force Northwest Operation, Hadarin Daji, alongside the Nigerian police, repelled the assault, preventing what could have been a tragic incident targeting the School of Health…

Continue reading
Federal Government Celebrates Team Nigeria'S Triumph In 13Th African Games

Federal Government Celebrates Team Nigeria’s Triumph in 13th African Games

The Federal Government has expressed immense pride and satisfaction with Team Nigeria’s outstanding performance in the recently concluded 13th African Games held in Ghana. With a remarkable haul of 47 gold, 33 silver, and 40 bronze medals, Team Nigeria secured an impressive second place on the medals table. This achievement underscores the nation’s prowess and…

Continue reading