The Central Bank has technically devalued the naira to exchange to the dollar at N380. The apex bank took this decision after all interventions in the market, such as imposing sanctions on errant operators and use of moral suasion to…
Category: Features
Coronavirus: FG adds Sweden, Austria to restricted countries
The Federal Government has added Sweden and Austria to the list of high-risk countries following the outbreak of coronavirus. Minister of Health, Dr Osagie Ehanire, made the announcement at a media briefing on Friday in Abuja. “We have identified two…
Coronavirus : CBN announces N1.1tn Intervention fund
The Central Bank of Nigeria on Wednesday announced a N1.1tn intervention fund to support critical sectors of the economy.The CBN Governor, Mr Godwin Emefiele said this in a statement made available to journalists. The governor in the statement said the…
Coronavirus: CBN To Create N50 Billion Fund For Affected Families, Businesses
The Central Bank of Nigeria (CBN) has said that N50 billion has been earmarked to support families and businesses affected by the impact of the novel coronavirus in the country. Speaking to journalists in Abuja on Monday, Governor of the…
Daddy Freeze reacts to testimony of man who came in contact with Italian man but tested negative for coronavirus after Pastor Ibiyeomie prayed for him
Daddy Freeze has reacted to the video of a Salvation Ministries member, who testified about testing negative for coronavirus after coming in contact with the Italian man who tested positive for coronavirus in Nigeria. According to man who testified at…
Tinubu speaks on plans to remove Oshiomole as APC National chairman
Bola Tinubu, the APC National leader, has broken his silence on the moves made by some members of the party to remove the National Chairman of the party, Adams Oshiomhole, from office. Recall that on March 4th, Justice Danlami Senchi…
CBN rules out Naira devaluation
The Central bank of Nigeria (CBN), on Thursday, expressed displeasure over the rumours and speculative activities of unscrupulous players in the foreign exchange market, borne out of the impression that the CBN is on the verge of devaluing the Naira,…
Fresh trouble for Oshiomhole, Kano High Court judge dragged to NJC
The embattled national chairman of the ruling All Progressives Congress (APC), Adams Oshiomhole, may be in for fresh trouble in the conflicts ravaging the ruling party. The judgement of the Federal High Court, Kano, has become questionable and the presiding…
FG releases fresh ₦620 million for fight against coronavirus
The Federal government has released N620 million for the fight against coronavirus. Minister of Finance, Zainab Ahmed, in a statement released on Friday March 6th, said the approval and release of the funds by President Buhari was based on…
Daddy Freeze to Kumuyi: You’re wrong saying woman wearing trousers are abomination to God
Controversial founder of Free Nation movement, Daddy Freeze has tackled the General Superintendent of the Deeper Christian Life Ministry, Pastor William Kumuyi for saying that women who put on men’s wears are abomination unto God. Kumuyi had on Sunday…