The United States (U.S.) on Thursday condemned the abduction of hundreds of children by gunmen from Government Science Secondary School, Kankara, Katsina State, on Dec. 11 and urged the government to hold those responsible accountable ” to the full extent of the law”. The U.S. Department of State condemned the abduction in …
Read More »FG Tasks Banks to Explore AfCFTA to Capture FDI
The Minister of Finance, Budget and National Planning, Mrs Zainab Shamsuna Ahmed, has advised Nigerian banks and other financial institutions to explore Africa’s market expansion enabled by the AfCFTA to capture trade flows and investment through superior customer value proposition. Stressing the potentials of Nigeria’s market, Ahmed said: “With more …
Read More »344 Kidnapped Kankara Schoolboys Released
Students of Government Secondary School Kankara abducted last Friday, 11 December have been released on Thursday. The schoolboys were released at Tsafe near Zamfara on Thursday, according to reports. Reacting, President Muhammadu Buhari described their safe return as a big relief to their families, the entire country and international community. …
Read More »NIN Now Required for Driver’s Licence Processing
Federal Road Safety Corps has mandated the use of National Identification Number for driver’s licences processing. FRSC made this known in a press statement titled ‘FRSC commences enforcement of National Identification Number in driver’s licence processing’ on Wednesday. “Following the Federal Government’s directives on the harmonisation of citizens’ data by …
Read More »Nigeria Opens Seme, Illela, Maigatari, Mfun Land Borders
President Muhammadu Buhari, on Wednesday, ordered the immediate reopening of four land borders. The Presidency made this known in a tweet today. “President Buhari has directed the immediate opening of four land borders: Seme, Illela, Maigatari, and Mfun,” @NGRPresident tweeted. Nigeria had in August 2019 closed its land borders to …
Read More »Nigeria Needs Restructuring, Not Yoruba Presidency– Makinde
Governor Seyi Makinde of Oyo State has said Nigerians need adequate security and restructuring of the country much more than who occupies the presidency. Makinde, in a statement on Tuesday by his Chief Press Secretary, Taiwo Adisa, was quoted to have spoken in Ibadan at the handover of 33 operational …
Read More »Oil Prices Fall as Inventories Rise
Oil prices declined on Wednesday after API data showed Tuesday that crude inventories unexpectedly rose by 1.97 million barrels in the week ended December 11th, compared to market consensus of a draw of 1.9 million barrels. At around 07:00 GMT, WTI crude fell 0.3% to $47.50 a barrel, Brent crude …
Read More »US Electoral College Confirms Biden Victory
The United States Electoral College has confirmed Joe Biden as the winner of the US 2020 presidential election. This is after electors in all 50 states met to cast their votes on Monday. In the results declared by the Electoral College representatives, Democrat Biden secured over 270 votes to defeat …
Read More »Customs Intercepts ’73 Locally Manufactured Guns, 891 Cartridges in Kebbi’
The Nigeria Customs Service (NCS) says it has intercepted 73 locally manufactured guns and 891 cartridges at Yauri, Zamare waterside in Kebbi. The Customs’ Public Relations Officer, Joseph Attah, announced this in a statement on Monday in Abuja. Mr Attah explained that officers of the NCS, Federal Operation Unit (FOU) zone B, …
Read More »Global Lenders Raise Pressure on Nigeria to Reform Currency
The International Monetary Fund and World Bank have intensified calls on Nigeria to speed up currency reforms without which Africa’s largest economy may fail to achieve the growth it needs to prevent millions more from falling into penury. A unified and flexible exchange rate will ease external imbalances and bolster activity in the OPEC …
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