On Friday, the naira depreciated against the dollar, exchanging at N803.90 at the investors and exporters window. According to Financial statistics, the Naira decreased by 7.72 per cent when compared with N746.28 for which it exchanged for the dollar on Thursday, July 13. The open indicative rate closed at N763.36 to one dollar on Friday. A spot exchange rate of N829 to the dollar was the highest rate recorded within the day’s trading before it settled at N803.90. The Naira sold for as low as N689.34 to the dollar within the day’s trading. On Friday, July 14, a total of…
Author: Lilian Azuh
The Lagos Waste Management Authority (LAWMA) has organised a freemedical screening, for over 1000 sanitation workers (street sweepers) atthe Authority’s headquarters, Ijora Olopa. Speaking at the event, the Acting Managing Director of LAWMA, Mr. KunleAdebiyi, noted that the exercise was a testament to the commitment ofGovernor Babajide Sanwo-Olu’s administration, to prioritise the wellnessof LAWMA sweepers. He said, “Your well-being is our priority. Whatever happens to yourhealth, will affect us in one way or the other. Therefore, we don’t wantany ill-health to befall you. Today, your blood pressure, sugar level,urine and eye and hepatitis will be checked for proper diagnosis. Theaim…
On Friday, His Royal Majesty Omon’Oba N’Edo Uku’Akpolokpolo Ewuare II, the Oba of Benin paid a visit to President Bola Tinubu at the State House. The basis for the meeting is unclear, but it is believed that the visit was to formally congratulate Tinubu on his inauguration as president and to discuss issues related to the Nigerian people, Channels TV reports. In May, the Federal Government appointed the Oba of Benin, Ewuare II, as the Chancellor of the National Open University of Nigeria. During a courtesy visit by the management of the university to the Oba in Benin City, Edo…
An environmentalist, Dr Nnimmo Bassey, has berated the military and the Nigerian National Petroleum Company Limited for setting ablaze a vessel said to have been seized with 800,000 litres of stolen crude. Bassey, who is the Executive Director, Health of Mother Earth Foundation, described the action as economic waste and ecological assault. The NNPCL recently intercepted an 800,000-litre vessel, MT Tura II, conveying stolen crude offshore while heading to Cameroon, and it was later set ablaze to serve as deterrent to oil thieves. Bassey while speaking with newsmen in Port Harcourt stated that security agencies must be educated on the…
President Bola Tinubu is set to travel to Nairobi, Kenya on Saturday July 15, to participate in the Fifth Mid-Year Coordination Meeting (5thMYCM) of the African Union (AU), the Regional Economic Communities (RECs), the Regional Mechanisms (RMs), and the African Union Member States. As the Chairperson of ECOWAS, the Nigerian leader will join Heads of State and Government, Foreign Ministers of the AU Member-States, and high-level dignitaries at the mid-year meeting which will take place on Sunday, July 16. The President will present a report on the status of regional integration in ECOWAS, highlighting actions carried out during the period…
Veteran Nollywood actress and one of Nollywood’s finest, Rita Dominic, celebrated her birthday on Wednesday, July 12, 2023. The pretty actress expressed her unwavering gratitude to God in lovely selfie photo on her Instagram page. Dominic expressed gratitude to God for all that He had given her as she turns a new age. She wrote “For all I am and I have is yours, God. Thank you. 12/07Happy birthday Ree Dee.Zamundans let’s celebrate”.
LAGOS, Nigeria: July 13, 2023: Polaris Bank, Nigeria’s leading Digital Retail Bank, has received immense commendation from Small and Medium-sized Enterprises (SMEs) and customers for its invaluable sponsorship of The Fashion Souk event. Without a doubt, this commitment to enterprise growth has earned appreciation and testimonials from fashion enthusiasts, industry experts and style icons at the just-concluded Fashion Souk 2023, held at Harbour Point, Victoria Island, Lagos. The 2023 Fashion Souk which held last Saturday and Sunday, July 8th and 9th 2023, surpassed all expectations with its dynamic display of innovative fabric designs, leather works, trendsetting collections and fashion concepts…
Mavin Records executive has revealed why he did not sign Wizkid and Davido to Mo’ Hits, the now-defunct record label. Don Jazzy, alongside D’banj, co-founded Mo’ Hits Records in 2006 but the label dissolved in 2012. In a podcast interview with Fisayo Fosudo, Don Jazzy said he could not sign Wizkid because Banky W’s EME got to him first. He said it could have been “amazing” if he had signed Wizkid to his label. “Wizkid, obviously, I could not (sign), because Banky got to him first. That would have been amazing,” he said. The record label boss also listed some…
President Bola Tinubu, N500 billion palliative to cushion the effects of the petrol subsidy removal has continued to generate mixed reactions. On Wednesday, the President wrote to the House of Representatives seeking approval for N500bn to cushion the effects of petrol subsidy removal. On Thursday, in a swift response, the House approved the request, calling for proper utilisation of the funds for the purpose it was meant for. On May 29, 2023, President Bola Tinubu, announced petrol subsidy removal during his inaugural address, in response to claims that the subsidy regime favoured the rich more than the average Nigerians, among other reasons. Here…
The Department of Security Services (DSS) has charged the suspended Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele to Court. Peter Afunanya, DSS spokesma in a statement, said the decision to charge Emefiele was in compliance with the order of the Federal Capital Territory High Court.