Banks are seeking customers to buy surplus foreign currencies they hold following the flooding of the banks with dollars by the Central Bank of Nigeria (CBN). In an effort to support and shore-up the value of Naira, CBN resolved to flood commercial banks with dollars. The banks are reported to be holding excess forex and
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Banks are seeking customers to buy surplus
FEMI ADESINA, Abuja; President Muhammadu Buhari today resumed duties after his vacation. In compliance with Section 145 of the 1999 Constitution (as amended), the President has formally transmitted letters to the Senate and the House of Representatives, intimating the National Assembly “that I have resumed my functions as the President of the Federal Republic of
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Joint Admission and Matriculations Board (JAMB) will begin the sale of the 2017 Unified Tertiary Matriculation Examination ,UTME forms on March 20. Dr Fabian Benjamin, JAMB’s Head of Public Relations, told the News Agency of Nigeria (NAN) on Monday in Bwari, that the date was fixed following an agreement that was reached on the harmonization
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Joint Admission and Matriculations
President Buhari Appreciates Renowned Poet, Niyi Osundare at 70 President Muhammadu Buhari has joined the literary world in congratulating renowned academic, poet, columnist and dramatist, Professor Niyi Osundare, as he turns 70. Femi Adesina, Special Adviser to the President on Media and Publicity, says the President believes the septuagenarian’s sacrifices over the years can only
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NAN: Nigeria’s foreign exchange (FOREX) reserves rose above $30 billion as of March 8 to its highest level since October 2015, central bank data showed on Friday. Nigeria’s dollar reserves have increased by 15.02 percent since the start of the year, data showed, but were far off their peak of $64 billion hit in August 2008.
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NAN: Nigeria’s foreign exchange (FOREX) reserves rose
Zambia beat Senegal 2-0 in the final on Sunday in Lusaka to be crowned champions of the Total U-20 Africa Cup of Nations Zambia 2017. First half goals from Patson Daka and Edward Chilufya was all the Junior Chipolopolo needed to claim their first ever title in the history of the biennial competition. Besides being
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Zambia beat Senegal 2-0 in the
Governor Godwin Obaseki of Edo State has met with the Ogbemudia family on Saturday to pay condolence to the family as well as to discuss plans for the former governor’s state burial. In addition, Edo and Delta states are collaborating to give the ex-Bendel state Military and democratic Governor a state burial, it was learnt.
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Governor Godwin Obaseki of Edo State has met with
The inventor of the World Wide Web, and British computer scientist, Sir Tim Berners-Lee, has raised concern on three new trends that have negatively impacted the world wide web over the years. The three major concerns are fake news, “unethical” political advertising and data mining. Sir Berners-Lee in an open letter to mark 28 years anniversary of
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Femi Adesina, Abuja: President Muhammadu Buhari joins the literary world in congratulating renowned academic, poet, columnist and dramatist, Prof. Niyi Osundare, as he turns 70. President Buhari felicitates with all the friends, colleagues and family members of the literary icon, who through courage and the power of the pen has contributed immensely to the political
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Minister of water resources, Suleimen Adamu visited Zauro polder project- one of the platforms for dry-season farming in Kebbi state, and partnership project between Kebbi state and the federal government to boost all year round farming in the state. In Nigeria lake rice is fast gaining grounds as a competitive alternative to imported rice. It
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Head of Bundestrat, the upper chamber of the German Parliament, Ms Malu Dreyer, has said that Nigeria as the leading country in Africa must be economically strong and therefore deserved the support of a European giant like her country. Dreyer who spoke at the weekend while receiving a delegation of the Senate led by its
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Head of Bundestrat,
SK Usman, Abuja: The military has in recent times stepped up its campaign against the Boko Haram Terrorists in the North East forests. The range of operations are aimed at routing the remnants of Boko Haram terrorists who are seeking refuge in some remote locations in the forests. One of these operations carried out by
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SK Usman, Abuja:
Borno State Governor, Kashim Shettima has explained that his administration named an estate after Asiwaju Bola Ahmed Tinubu in order to appreciate him for freeing the State’s APC from the hands of a ‘tyrant’ who made frantic efforts to hijack the party’s machinery ahead of the 2015 Governorship, National and State Assembly elections in Borno
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Gunners are through to a record 29th Emirates FA Cup semi-final after overcoming a vibrant Lincoln City side at Emirates Stadium. Arsenal.com report, Theo Walcott and Aaron Ramsey both went close during the opening stages, but we were indebted to Petr Cech, who made a big save to deny Nathan Arnold. Lincoln on the other
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Gunners are through to a record
United State Congress has passed a huge funding bill that gives NASA $19.5 billion for space exploration and has presented it to the president. The NASA Authorization Act of 2017 is focused on transforming NASA back into the great scientific organization it was during the Apollo Program. The bill authorizes NASA programs like the Space
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The Police on Saturday has started 24-hour air surveillance on Abuja-Kaduna highway following increase of traffic on the road. The Assistant Inspector-General of Police, Zone 7, Abuja, Alhaji Salisu Fagge, told the News Agency of Nigeria (NAN) in Minna on Saturday that the measure was part of efforts at ensuring safety of travellers on the
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The Peoples Democratic Party (PDP) has described the death of Dr Samuel Ogbemudia, former Military Governor of defunct Mid-West and Bendel State, as a lost icon. The party stated this in a statement signed by its Deputy National Chairman, Dr Cairo Ojougboh. Ojougboh said late Ogbemudia was a “caterpillar”. “As a military governor of defunct
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The Peoples Democratic
The Federal Government has commenced the payment of compensation to the 98 communities affected by the Zungeru Hydroelectric Power Dam Project in Niger. Alhaji Abdulmalik Cheche, Chairman, Compensation and Relocation Committee of the project, said on Saturday in Minna when he addressed the people of the affected communities on how to go about documentation and
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President of the Nigerian Senate, Dr. Bukola Saraki says the National Assembly will have to amend the laws on power generation, transmission and distribution. According to Saraki, this will enable Nigeria replicate the feat recorded by the German Village, Feldheim, where residents combined efforts and local resources to produce clean and renewable energy. Senator Saraki
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Meanwhile, President Muhammadu Buhari has extended his heartfelt condolences to the Ogbemudia family as well as the government and people of Edo state on the death of Dr. Samuel Ogbemudia. Presidential spokesman Femi Adesina says president Buhari joins them and other admirers in mourning the elder statesman who diligently served the country with courage and
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