Music

PRESIDENT TINUBU TO 36 STATE GOVERNORS: THERE MUST BE ZERO TOLERANCE FOR INCOMPETENCE; SUPPORT LOCAL FARMERS TO BOOST FOOD PRODUCTION AND REMOVE RENT SEEKERS

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President Bola Tinubu says his administration is evolving home-grown solutions to address the nation’s food security challenges by setting up schemes to support local production and discourage all forms of rent-seeking that are associated with food importation. The President made the declaration at a meeting with 36 state governors, attended by Vice-President Kashim Shettima, the…

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Foreign

Idaho has moved forward with legislation aimed at rendering sex crimes against children subject to the death penalty.

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A new bill passed by Idaho House Republican legislators on Tuesday, February 13, proposes making sex crimes against children punishable by death. House Bill 515 seeks to authorize the death penalty in cases of lewd conduct involving children under the age of 12, particularly those with aggravating circumstances. According to co-sponsor Rep. Bruce Skaug, R-Nampa,…

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Business

Once more, the (CBN) has increased the forex rate for import duties, marking the fourth adjustment in just 10 days.

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Once again, on Wednesday, February 14, the Central Bank of Nigeria (CBN) revised the Customs exchange rate from N1444.56/$1 to N1,481.482/$1. This latest adjustment represents an increase of N36.922, equivalent to 2.56 percent, compared to the previous increment. Remarkably, this marks the fifth adjustment within a span of 12 days and the ninth since the…

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Business

The UK economy has slipped into a recession.

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The UK economy has officially entered a recession following two consecutive quarters of negative economic growth in the latter half of last year. According to the Office for National Statistics (ONS), gross domestic product (GDP) contracted by a larger-than-anticipated 0.3% in the three months to December, following a 0.1% decline between July and September. Expectations…

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Business

Following the footsteps of the (CBN)and (FAAN), the Nigerian Upstream Petroleum Regulatory Commission is contemplating relocating its office to Lagos.

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Similar to the Central Bank of Nigeria (CBN) and the Federal Airports Authority of Nigeria (FAAN), the Nigerian Upstream Petroleum Regulatory Commission is contemplating relocating some of its units to Lagos state. In a circular dated February 14, 2024, the agency stated that the decision is motivated by the desire to improve service delivery, lower…

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News

President Tinubu has left Nigeria for Addis Ababa.

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President Bola Tinubu is set to depart Abuja for Addis Ababa, Ethiopia, on Thursday, February 15, to attend the 37th Ordinary Session of the Assembly of the African Union (AU) Heads of State and Government. The theme of this year’s summit is “Educate an African Fit for the 21st Century: Building Resilient Education Systems for…

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Sports

The lineup AFCON team of the tournament has been unveiled, with notable player Victor Osimhen notably absent from the selection.

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The Confederation of African Football has unveiled its 2023 Africa Cup of Nations Team of the Tournament following Ivory Coast’s triumph as champions, defeating Nigeria 2-1 in the final match. The selection features the top 11 players from the recently concluded AFCON, with notable omission Victor Osimhen from the list. Despite his significant…

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Health

During this heatwave, not everyone visiting the bank is there to withdraw or deposit money. Some of us just want to seek refuge and enjoy the cool air from the air conditioner – a Nigerian man remarks.

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Amidst the current severe heatwave in Nigeria, Ezebunwo Ichemati observed that some individuals are now frequenting banks solely to seek respite from the scorching temperatures by enjoying the cool air from the air conditioners, rather than for financial transactions such as withdrawals or deposits. Nigeria is currently grappling with soaring temperatures exceeding 40°C in certain…

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