The Central Bank of Nigeria (CBN) has debunked a report by a national daily that it has devalued the naira to N631 per dollar at the importers and exporters’ (I&E) window. The apex bank said this in a tweet on Thursday. CBN Has Not Devalued The Naira pic.twitter.com/O9DCB4lQYj — Central […]
Wilfrey Morena
The Central Bank of Nigeria (CBN) has devalued the Naira to N631 to the dollar from N461.6 it sold at the Importers and Exporters (I&E) window the previous day. The devaluation came 48 hours after President Bola Ahmed Tinubu announced the plans of the federal government to unify the country’s […]
Passengers who boarded United Nigeria have expressed gratitude to God for being alive after the plane crash-lands at the Lagos airport. According to reports, the tragic incident happened on Wednesday, May 31st when the plane reportedly crashed-landed at the Murtala Muhammed International Airport (MMIA) in Ikeja, Lagos State. The plane […]
The Nigeria Labour Congress(NLC) has rejected the new pump prices for petroleum products announced by the Nigerian National Petroleum Company Limited (NNPCL), saying it was against the interest of deregulation. The Labour movement noted that the oil giant couldn’t be talking of deregulation in one breathe and Price fixing in […]
Governor Mohammed Umaru Bago has ordered that anyone found selling along the suleja-madala road would henceforth be arrested and prosecuted for breaking a law. The Governor, who insisted the road is no longer a trading post or market centre for anyone, also maintained thet cars parked along the road would […]
President Tinubu is in a meeting with the chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, at the Presidential Villa, Abuja. The agenda of the meeting could not be ascertained but it would be recalled there was a situation, just about 24 hours ago at the Lagos […]
Panic has gripped senators in the camp of a former Governor of Akwa Ibom State, Senator Godswill Akpabio as information filtered out that the President, Asiwaju Bola Ahmed Tinubu is withdrawing his support for him in the contest for the Senate President of the 10th National Assembly. Consequently, the senators […]
The presidential candidate of the Labour Party, LP, Peter Obi, has persuaded the Presidential Election Petition Court, PEPC, sitting in Abuja, to adjourn further proceedings on the case he filed to challenge the outcome of the presidential election that held on February 25. Obi, through his team of lawyers […]
Festus Keyamo, former Minister of State for Labour and Employment, slammed a section of the media on Tuesday for reporting that President Bola Tinubu had removed fuel subsidies. He described the reports as shady. Tinubu’s administration, according to Keyamo, simply inherited a regime in which there was no provision for […]
Social media platform Twitter has removed the verification badge attached to the personal account of President Bola Tinubu. This came hours after the verification badge of immediate past Vice-President Yemi Osinbajo was removed. News Direct believes the “Blue checkmark” was removed so an official grey checkmark used to distinguish Government accounts can […]