The Naira yesterday appreciated to N1,730 per dollar in the parallel market from N1,740 per dollar last weekend However, the Naira depreciated to N1,681.42 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,681.42 per dollar from […]
Author: Aisha Muhammed
Industrial Court orders firm to pay N41m, directs Ex-Staff to return Lexus Vehicle within 7 days
Hon. Justice Muhammad Hamza of the Portharcourt Judicial Division of the National Industrial Court has declared the non-payment of Mr Ikenna’s salary for the period of October 2021 to January 2022, by Alcon Nigeria Limited as a breach of the contract of employment. The Court ordered Alcon Nigeria Limited to […]
Industrial Court orders Trustees to pay Pastor’s Salary from 2008 year of arrest
Hon. Justice Anthony Ubaka of the Lagos Judicial Division of the National Industrial Court has declared that Pastor Femi remained an employee of the Registered Trustees of Mountain of Fire & Miracle Ministry throughout the period of his arrest till the date of judgment delivery. The Court ordered the Registered […]
Why Tinubu’s Tax Reform Bills Are ‘Dead On Arrival’ In NASS
Ali Ndume, the federal lawmaker representing Borno South Senatorial District in the National Assembly (NASS), has stated that the tax reform bills sent by President Bola Tinubu are “dead on arrival.” Ndume explained, “Our people are saying they don’t want the VAT bill, they don’t even want to hear about […]
NSCDC Shuts Down Illegal Mining Site In Nasarawa, Arrest Operators
Nigeria’s Civil Defence Corps Cracks Down on Illegal Mining, SECURITYNEWSNG.COM reports. In a bold operation, the Nigeria Security and Civil Defence Corps (NSCDC) has shut down an illicit mining site in Nasarawa State. Led by Commander ACC Attah John Onoja, the successful raid follows previous arrests of foreign nationals and locals involved […]
We Don’t Import Adulterated Petrol, Says NNPC
The Nigerian National Petroleum Company (NNPC) Limited says it does not import adulterated premium motor spirit (PMS), also known as petrol. Olufemi Soneye, chief corporate communications officer of NNPC, spoke on Tuesday while responding to protesters demanding the removal of Mele Kyari, the company’s group chief executive officer (CEO). According to NAN, […]
Gombe Signs MoU With Chinese Firm For 100 Megawatt Solar Energy Plant
https://www.youtube.com/watch?v=CL2cxVs7VEg?si=xwQMungx2EN5p1iW NTA News @NTANewsNow Gombe Signs MoU with Chinese Firm for 100 Megawatt Solar Energy Project ” We’re Taking Advantage of New Enacted Electricity Act to Generate, Distribute Our Own Electricity “, [/b]Governor Inuwa Yahaya Gombe State Government has entered into a Memorandum of Understanding (MoU) with China18th Engineering, an […]
Lakurawa: Foreign Armed Group Luring Our Youths With ₦1M – Sokoto LG Chair
The Chairman, Tangaza Local Government Area of Sokoto State, Alhaji Isa Salihu Kalenjeni has raised the alarm over a foreign based armed religious group occupying a forest across five LGAs of the state, saying the group offers “youths N1 million for membership.” The group locally known as Lakurawa was said to have migrated from […]
Nigeria’s Debt Service Ratio Drops From 97% To 65%
President Bola Ahmed Tinubu says in the 17 months of his administration, Nigeria’s revenue-to-debt service ratio has reduced to 65% from 97%. President Tinubu made this known on Monday in his address during the swearing in ceremony of seven newly appointed Ministers, held at the Council Chambers of the State […]
Donald Trump Wins 2024 US Presidential Election – New York Post
Donald Trump was projected to become the 47th president early Wednesday, completing the most incredible political comeback in American history. Trump, 78, was on course for an Electoral College landslide over Vice President Kamala Harris after he reversed his 2020 losses in the crucial states of Georgia, Pennsylvania, and Wisconsin […]