NewsReports

The Nigerian currency has plummeted further against the United States dollar across both the official and unofficial markets again and again in recent days. The situation has provoked speculations that it will go down to as low as N2500 to the US dollar. According to data published on the Financial Dealers Market Quotations (FMDQ) website, the local currency closed at …

Emir of Gwandu in Kebbi State, Alhaji Muhammad Ilyasu Bashar, on Wednesday appealed to businessmen operating in the state and traditional leaders to help in tackling the menace of  inflation and use their wealth to curb hardship being experienced by the people across the state. Emir Bashar made this appeal during a meeting with businessmen and traditional leaders on the hardship …

All is set as President Bola Ahmed Tinubu is expected to commission the Red Line component of the Lagos Mass Transit Rail (LMTR) today. The first component of the project, popularly called the Blue Line was commissioned by the former President Muhammad Buhari on January 24, last year. President Tinubu during his tour of duty as Governor of Lagos State had in …

SaharaReporters gathered that while the Oronsaye report recommended that PTAD should be placed under the Pension Commission (PenCom) or made to stand alone, the permanent secretaries asked Tinubu to push it under the Federal Ministry of Finance to perfect some hidden corruption motives.  The body of serving Federal Permanent Secretaries which met with President Bola Tinubu last Thursday gave a …

Workers at the National Assembly want their retirement extended to 65 years of age or 40 years of service. Retirement age in the federal civil service is 60 years or 35 years in service, whichever comes first. Mr Sunday Sabiyi, chairman of the Parliamentary Staff Association of Nigeria, the National Assembly workers umbrella body, urged the Senate on Thursday in …

Lagos Governor, Mr Babajide Sanwo-Olu, on Wednesday, said the much-anticipated Red Line Mass transit train is now ready and will be commissioned on February 29, 2024. Sanwo-Olu made the disclosure while speaking at the Lagos State Parking Authority (LASPA) Stakeholders Forum 2024, which took place at GRA, Ikeja, saying that the inauguration would be done by President Bola Ahmed Tinubu. …

• Labour rules out engagements with FG on eve of nationwide actions• Group seeks Ajaero’s resignation over corruption allegation• Hardship may push more people to mental health issues – Psychiatrist After taking the wind off the sail of a well-mobilised protest with an abrupt suspension, president of the Nigeria Labour Congress (NLC), Joe Ajaero, yesterday said that they could not …

By Eben Enasco  For close to a decade, the people of Ogba and neighboring communities have waited to start commercial activities in the 40-Block-Ultra Modern stall market in ward two of Oredo Government Council. The long wait ended on Wednesday when the Oredo Government Council’s Chairman Dr. Tom Obaseki commissioned the building for operations in Benin City as part of …

By Victor Ofure Osehobo A wave of unrest has enveloped the Iguomo and Ikhueniro community, along the Benin-Asaba road, Edo State of Nigeria where vehicular movement has been forcibly halted by irate Hausa youths.  The source of their fury stems from the alleged shooting to death of one of their community members, plunging the area into chaos. At the Igumon …

The House of Representatives, on Wednesday, rejected a bill that sought to make it mandatory for presidential and governorship candidates to secure more than 50 per cent of the total votes cast, to be declared winners. The bill, sponsored by Awaji-inombek Abiante (PDP, Rivers), aimed to amend the 1999 constitution by removing the simple majority rule for presidential and governorship …