Nigeria’s External Reserves Surge to .89 Billion Due to CBN Policy, Says Cardoso

Nigeria’s External Reserves Surge to $36.89 Billion Due to CBN Policy, Says Cardoso

Olayemi Cardoso, the Governor of the Central Bank of Nigeria, has revealed that the country’s external reserve increased to $36.89 billion as of July 16 2024 amid the banks’ policy interventions. Cardoso disclosed this on Friday in Abuja during an engagement with the Senate Committee on Banking, Insurance and Other Financial Institutions. He noted that…

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Popular social media influencer Flag Boy arrested while protesting against hunger in Abuja

Popular social media influencer Flag Boy arrested while protesting against hunger in Abuja

Popular Nigerian social media influencer Flag Boy was arrested on Monday, July 8, while protesting against hunger in Abuja. Flag Boy was seen in a video walking through the streets of Abuja, chanting “Hunger dey.” Shortly before his arrest, he shared another video from the police station, alerting the public about his situation and expressing…

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Fuel Price Surge: Long Queues Form as Petrol Reaches ₦‎1,100/Litre in Abuja and Beyond

Fuel Price Surge: Long Queues Form as Petrol Reaches ₦‎1,100/Litre in Abuja and Beyond

According to a report by Punch, Nigerians have lamented as price of petrol skyrocketed to N1,100/litre. This has resulted in queues for Premium Motor Spirit, popularly called petrol in Abuja, Lagos and other regions across the country. As motorists spend hours in queues at the few filling stations that dispensed the product, black marketers used…

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June 12: Nigerians Protest Hardship, Demand Tinubu’s Resignation (Photos)

June 12: Nigerians Protest Hardship, Demand Tinubu’s Resignation (Photos)

Nigerians have marked June 12 Democracy Day celebration differently by protesting on Wednesday. Some aggrieved Nigerians took to the streets of Lagos to protest hunger. The aggrieved Nigerians took to the streets to protest against hunger and economic hardship. In Lagos State, some protesters who gathered in Ikeja said it’s time for President Bola Tinubu’s…

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Senate supports N64m annual salary for Chief Justice of Nigeria, Supreme Court justices

Senate supports N64m annual salary for Chief Justice of Nigeria, Supreme Court justices

The decision still needs approval of the president. The Nigerian Senate has passed a bill seeking the upward review of salaries, allowances and other fringe benefits of judicial officers in the country. This bill, which was passed on Wednesday, follows the adoption of the report of the Committee on Judiciary, Human Rights and Legal Matters…

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Senate Approves Legislation for Regulation of Cattle Ranching Industry in Nigeria

Senate Approves Legislation for Regulation of Cattle Ranching Industry in Nigeria

The Nigerian Senate has passed a bill to establish the National Animal Husbandry and Ranches Commission after a heated debate on Wednesday. The bill, sponsored by Senator Titus Tartenger Zam representing Benue North West was meant to control and regulate cattle rearing ranching business across the country. Explaining the general principles of the bill, Zam…

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I Was Promised Happiness For All – Toyin Abraham Shares Tinubu’s Plans For Nigerians During Last Meeting

I Was Promised Happiness For All – Toyin Abraham Shares Tinubu’s Plans For Nigerians During Last Meeting

Nollywood actress turned movie producer, Toyin Abraham, has opened up on the plans President Bola Tinubu shared with her after their last meeting in 2023. It can be recalled that Toyin, who is also known as ‘Asiwaju Baby’, paid a courtesy visit to Tinubu and Lagos state governor, Babajide Sanwo-Olu as she shared photos via…

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