archiveJanuary 22, 2025

The Central Bank of Nigeria (CBN) has said it has approved the release of the Nigerian Foreign Exchange (FX) Code. The apex bank also announced that the Code would be formally launched next week in Abuja. According to CBN in a statement, the Code serves as a guideline to the...

The value Naira, Nigerian’s currency fell further against the United States dollar on the first day in office for President Donald Trump The value of Nigerian currency depreciated further against the US dollar in the foreign exchange markets on Tuesday. Data from FMDQ securities showed that at the close of...

Mrs Beatrice Ekweremadu, wife of former Deputy Senate President, Senator Ike Ekweremadu is back in Nigeria. DAILY POST quoted a competent source on Wednesday. According to the source, Mrs Ekweremadu returned to Nigeria on Tuesday. It would be recalled that Senator Ekweremadu, the wife and one Dr Obinna Obeta were...

President Bola Ahmed Tinubu has appointed Dr. Kayode Opeifa, former Lagos State Commissioner for Transportation, as the Managing Director of the Nigeria Railway Corporation (NRC). The appointment, according to a statement from the presidency, was based on Opeifa’s extensive expertise and his impactful contributions to transportation reform in Nigeria. The...

The Minister of Aviation and Aerospace Development, Festus Keyamo, has revealed plans by the Federal Government to establish an aircraft manufacturing firm in Nigeria. The facility is a collaboration between XeJet and indigenous banks, aiming to transform Nigeria into a regional hub for aviation services. Keyamo announced this during the...

The Association of Resident Doctors, Federal Capital Territory Administration (ARD FCTA) has commenced a three-day warning strike over unpaid salaries, allowances, and other demands. The strike has grounded activities in government hospitals in Abuja. The President of ARD FCTA, Dr George Ebong, disclosed this in a press briefing in Abuja...