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Economy

Nigeria’s external reserves surge to $34.66 billion, highest level in 13 months

Nigeria’s external reserves have increased yet again, this time by $1.88 billion to $34.66 billion as of July 4, 2024, marking a 13-month high. This is according to Nairametrics historical records of the central bank’s external reserve data for the…

Hajj 2024: NAHCON airlifts 32,836 pilgrims from Saudi Arabia

The National Hajj Commission of Nigeria (NAHCON) has said a total of 32,836 Nigerians who participated in the 2024 pilgrimage have been airlifted from Saudi Arabia. The commission said the pilgrims were from 13 states as well as from the…

Feature

Suspension of taxes on importation of food commodities not yet official – President

The presidency says the suspension of taxes on importation of food commodities is not yet official. In a chat with TheCable on Monday, Bayo Onanuga, presidential spokesman, said the measures are still under consideration. “The measures are not yet official,”…

Apprehension as Hyena escapes from Jos Wildlife Park

There is apprehension in Dong Community of Jos North Local Government Area after a hyena escaped from the local wildlife park. It was gathered the hyena escaped from its enclosure at the community wildlife park on Sunday, triggering panic among…

Biden not undergoing Parkinson’s disease treatment – Presidency

United States President Joe Biden is not being treated for Parkinson’s disease, his spokeswoman said on Monday after reports that an expert in the condition visited the White House eight times. “Has the President been treated for Parkinson’s? No. Is…

Police Arrest Man Who Attempted Suicide Over Insecurity, Others In Abuja 

The Nigeria Police Force (NPF) has arrested Shuaibu Alhaji Yushau for attempted suicide after climbing the Aso Radio broadcast mast in Abuja, threatening to kill himself if certain demands were not met by the federal government. Earlier on Monday morning,…

News

Ondo electoral commission postpones LG election indefinitely

The Ondo State Independent Electoral Commission (ODIEC) has postponed the local government election in the state indefinitely. The chairman of ODIEC, Joseph Aremo, stated this at a stakeholders’ meeting on Monday in Akure. The election into the 18 local government…

World Bank appoints New Country Director for Nigeria

The World Bank has appointed Dr Ndiamé Diop as the new Country Director for Nigeria, a statement by the Bank said. The statement obtained by the News Agency of Nigeria (NAN) said Diop assumed his new position in Abuja on…

N80.2Billion Fraud: Court Rejects Ex-Governor Yahaya Bello’s Bid To Transfer Case to Kogi

Justice John Tsoho, Chief Judge of the Federal High Court, has rejected a request by former Kogi State Governor, Yahaya Bello, to transfer his N80.2 billion fraud case from Abuja to the Kogi division of the court. The Chief Judge…

FG Removes Tariffs On Rice Importation, Set To Import 500,000 Metric Tonnes Of Maize, Wheat To Tackle Food Inflation

The President Bola Tinubu-led Nigerian government has announced measures to tackle the skyrocketing food prices nationwide. The Minister of Agriculture and Food Security, Senator Abubakar Kyari, said  the measures would be implemented over the next 180 days. “A 150-Day Duty-Free…