News at its Zenith
News at its Zenith
Dollar Dollar at N876. The naira continued to depreciate against the dollar on Sunday, trading for 876/$ in the black market. Some Bureau de Change employees who talked with The PUNCH claimed that a week ago, the local currency had swapped to the dollar at a rate of 820. The Central Bank of Nigeria […]
David Adeleke Davido deletes music video over pressure. David Adeleke, better known by his stage name Davido, is a Nigerian Afrobeat musician who received criticism from Islamists over a controversial music video that he erased. The Davido Music Worldwide label head and his signee, Olamilekan Taiwo, alias Logos Olori, reportedly made a commotion online after […]
Twitter new logo Elon Musk unveils new name for Twitter. Elon Musk, the owner of Twitter, and its new CEO announced on Sunday that the social media platform would get rid of its bird emblem, change its name to X, and soon enter the payment, banking, and commerce sectors. According to the design website Creative […]
LASTMA LASTMA and NPA clean up plan. The Lagos State Traffic Management Authority (LASTMA) in conjunction with the Nigerian Port Authority has embarked on a seven-day clean-up exercise to tackle environmental degradation in the Apapa area of the state. In a statement issued by the agency’s Director, Public Affairs and Enlightenment Department, Taofiq Adebayo, […]
NNPC Non-oil sector records decrease in the last 6 months. According to Ezra Yukusak, Executive Director/CEO of the Nigerian Export Promotion Council, Nigeria’s non-oil industry experienced a modest fall in the value of exports to $2.54 billion, reflecting a 0.09 percent drop in the first half of 2023. Yukusak made the remarks at a presentation […]
NBS Foreign investments drops by 35%-NBS. Foreign investments in the manufacturing sector fell 35% from $392.5 million in the fourth quarter of 2022 to $256 million in the first quarter of 2022, according to the National Bureau of Statistics’ capital importation report for 2023 Q1. According to the report, total capital inflow into Nigeria in […]
Oba Otudeko SEC investigates Otudeko’s FBN acquisition. According to The PUNCH, the Securities and Exchange Commission is currently examining the acquisition of 4.7 billion shares of FBN Holdings by a former Chairman of the bank, Oba Otudeko. A source within the commission, who requested anonymity, confirmed to our correspondent that an investigation into the contentious […]
Pregnancies Unwanted pregnancies in Nigeria at 2023-UNDP. According to the United Nations Population Fund, the country’s inability to fund family planning may lead to an increase in undesired pregnancies and abortions. On Tuesday, the National Population Commission held a ceremony in Abuja to commemorate World Population Day 2023. During a panel discussion titled ‘Dialogue on […]
Custom intercept N1.3b smuggled goods Custom arrest seven, intercept N1.3b goods. The Nigeria Customs Service’s Ogun 1 Area Command caught 22,526 bags of foreign parboiled rice weighing 50kg on Tuesday and seized 392 items, including five exotic luxury buses smuggled into the country through the Ohumbe land border between January and June 2023. Bamidele Makinde, […]
Carbide ripened fruits NAFDAC says Carbide ripened fruits are bad. Prof Mojisola Adeyeye, Director General of the National Agency for Food and Drug Administration and Control, stated that eating fruits ripened with calcium carbide may cause cancer, heart failure, renal failure, and liver failure. Prof Adeyeye further stated that fruits ripened with calcium carbide might […]
