The central parity rate of the Chinese currency renminbi, or the Yuan, weakened 24 pips to 7.1935 against the dollar on Wednesday. This is according to the China Foreign Exchange Trade System. In China’s spot foreign exchange market, the Yuan is allowed to rise or fall by two per cent from the central parity rate…
Personnel of the Nigeria Navy Ship (NNS) Delta have apprehended three suspected pipeline vandals and recovered six crude-laden boats. Parading the two suspects and recovered items at the Warri Naval Base on Wednesday, the Commander of NNS Delta, Commodore Abdulazeez Zubairu, said that the suspects were arrested by the Forward Operating Base (FOB) Escravos anti-crude…
The All Progressives Congress (APC) has peacefully conducted its Wards and Local Governments congresses across all the 147 political wards and 14 LGAs of Zamfara. The News Agency of Nigeria (NAN) reports that the party’s executives produced by the congresses emerged through consensus in a peaceful exercise. Addressing newsmen in Gusau on Sunday, the Chairman…
The Federal High Court in Abujato hear the contempt charge filed by the Senate President, Godswill Akpabio, against Sen. Natasha Akpoti-Uduaghan over alleged social media post in breach of the court order. Justice Binta Nyako, who adjourned the matter until Tuesday by noon, also said she would hear the earlier contempt charge filed by Akpoti-Uduaghan…
The House of Representatives Committee on Basic Education and Examination Bodies has pledged collaboration with relevant agencies to improve the standard of education in the country. Chairman of the committee, Rep. Oboku Oforji (PDP-Bayelsa), made the pledge in an interview with newsmen on Tuesday. The News Agency of Nigeria (NAN) reports that Oforji spoke the…
The Nigerian Senate has given the green light for President Bola Tinubu to send troops to Benin Republic following an attempted coup that threatens the neighbouring nation’s democratic institutions. The approval came swiftly on Tuesday after the Senate reviewed Tinubu’s letter at the Committee of the Whole, The News Agency of Nigeria (NAN) reports. The…
The Police Command in Anambra has detained a suspected 63-year-old woman, Ngozi Muotuanya, over alleged involvement in inter-state child trafficking. The suspect was arrested by police operatives attached to Oba Division, following credible intelligence. Police Public Relations Officer (PPRO), SP Tochukwu Ikenga, disclosed this in a statement on Wednesday in Awka. “In a decisive move…
Governor Uba Sani of Kaduna State has urged newly deployed members of Nigeria’s National Youth Service Corps (NYSC) to carry out their service year with dedication, integrity and respect for their host communities. Delivering the governor’s message at the closing of the 2025 Batch ‘B’ Stream 1 orientation in Kaduna, Commissioner for Human Services and…
Chief Bisi Akande, the pioneer National Chairman of the All Progressives Congress (APC) and former Governor of Osun State, believes Nigeria’s long history of state creation has eroded the foundation of federalism and fuelled inefficiency. At the Southwest Stakeholders’ Dialogue organised by Afenifere, the DAWN Commission and the region’s governors on Wednesday, Akande traced the…
Dr Titus Okunrounmu, former Director, Research Department, Central Bank of Nigeria (CBN), has lauded the Monetary Policy Committee (MPC) for cutting interest rate by 50 basis points. Okunrounmu gave the commendation in an interview with the News Agency of Nigeria (NAN) on Wednesday in Ota. He said that the MPC’s decision to lower the rates…
