The United Nations (UN) has allocated $20 million dollars to urgently ramp up the response to the alarming food security and nutrition crisis in the north-east of Nigeria.UN Deputy Spokesperson Farhan Haq disclosed this at a news conference on Tuesday at UN headquarters in New York.With nine million dollars from the Central Emergency Response Fund…
Abdulrasak Asiru, Yagba East council chair, confirmed the abduction and described it as “very shocking” and “sad.”Mr Asiru said he was in shock over the incident, which had not happened in the area for almost two years.“I, as the council chairman and the people of Yagba East, are in great shock over the kidnap of…
In a highly anticipated announcement, Muhammad Sa’ad Abubakar, the Sultan of Sokoto, declared June 28 as the official date for the celebration of Eid al-Adha, widely known as Sallah. The national moonsighting committee issued a statement on Sunday evening, June 18, 2023, conveying the Sultan’s announcement. In the statement, the Sultan extended his heartfelt wishes…
The Central Bank of Nigeria, CBN has ordered banks to allow customers to have unfettered access to funds in their domiciliary account.According to the CBN, domiciliary account holders are permitted to utilize cash deposits not exceeding $ 10,000 per day or its equivalent via telegraphic transfer.Director, Corporate Communications, Department, CBN, Dr. Isa Abdulmumin, disclosed this…
The Federal Government and the leadership of the Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC) will resume talks on petrol subsidy removal palliatives today, Monday, June 19, 2023. Both parties are expected to resolve and harmonise the demands put forward by the labour unions after the removal of fuel subsidy. Confirming this…
AXA, a global insurance and asset management firm, has launched its medical center plan in Nigeria called OneHealth by AXA.During the launch in Lagos, the AXA OneHealth by AXA would house the range of medical solutions that AXA sought to introduce into the Nigerian marketIt expressed its commitment to provide exceptional healthcare solutions in emerging…
The Naira yesterday lost almost half of its value in the official market as the exchange rate in the Investors and Exporters, I&E window rose to N664.04 per dollar from N471.67 per dollar on Tuesday, as the Central Bank of Nigeria, CBN announced measures to liberalise the market including the elimination of multiple exchange rates,…
The Nigeria Labour Congress has called for policies that would bridge the economic inequality gap to address the increasing rate of child labour across the globe.Mr Joe Ajaero, NLC President said this on Wednesday while addressing journalists at the ongoing 111th Session of the International Labour Conference in Geneva, Switzerland.Ajaero was reacting to the address…
