Home Topics Naira

Naira

‘Mama Boko Haram’ sent to prison over ‘N111m fraud’

A high court in Maiduguri, Borno state capital, remanded Aisha Wakil, better known as “Mama Boko Haram”, to a custodial centre in the state on Monday.

Cowry Asset: Forex market to witness stability in 2020

The foreign exchange (forex) market will witness stability in 2020, while the Central Bank of Nigeria (CBN) will continue to sustain its Open Market Operation (OMO) sales at high interest to continue to attract foreign investors.

Central bank defends naira with $16.56 billion In 12 months

Analysis of the regulator’s half year report showed that the apex bank defended the local currency with $8.28 billion through its direct intervention within the first six months of 2019. Financial analysis estimated that the same level of intervention, or even higher amount applied in accompanying six months ended December 2019.
Lagos lawyer and human rights activist, Femi Falana

Femi Falana: Use of presidential jet for private event by President Buhari’s family illegal

Femi Falana, senior advocate of Nigeria (SAN), has asked President Muhammadu Buhari to stop members of his family from using aircraft in the presidential fleet.

Nigerians spent N7 billion on movies in cinemas in 2019

Nigerians spent almost N7 billion (N6,976,882,087) to watch films in the cinemas in 2019.
Operatives of the Abuja Zonal Office of the Economic and Financial Crimes Commission, EFCC have arrested Badamasi Sule and Muhammad Muhammad, suspected money-doublers, for being in possession of counterfeit Naira notes totaling about N45million.

EFCC nabs currency counterfeiters, seizes N45 million fake notes

Operatives of the Abuja Zonal Office of the Economic and Financial Crimes Commission, EFCC, have arrested Badamasi Sule and Muhammad Muhammad, suspected money-doublers, for being in possession of counterfeit Naira notes totaling about N45million.
Deeply worried by the spread of arms among bandits in Zamfara State, Governor Bello Mohammed Matawalle said he was taking the option of instructing the security to invite former governor Abdulaziz Yari to explain the whereabouts of about 1000 AK47, he, the former governor allegedly purchased with the state’s funds in 2013.

2020 budget: Zamfara government to spend N7 billion on science schools

Zamfara Government has earmarked N7 billion for total renovation of its science schools and training of science teachers in 2020.
Aminu Waziri Tambuwal

Sokoto governor warns against shortchanging beneficiaries of his empowerment programme

Sokoto State Governor, Rt. Hon. Aminu Waziri Tambuwal, has warned the officials handling the disbursement of funds under the Sokoto State Government youths and women empowerment programme against shortchanging its beneficiaries

Cross River governor signs N1.1 trillion 2020 appropriation bill into law

Cross River Governor Ben Ayade on Tuesday signed the 2020 appropriation bill into law.

Central bank releases framework to address payment system

The Central Bank of Nigeria on Monday released the Nigerian Payments System Risk and Information Security Management Framework to guide the management of risks associated with the payments system in Nigeria.
The Kaduna State Government has condoled with the families of those who died following a gas explosion that occurred at about 2pm on Saturday in Kaduna.

Death toll in Kaduna gas explosion rises to six

The death toll from the gas explosion in Kaduna State has increased to six, the police have said.
Professor Raphael Afonja

Fire incidents: Oyo government to buy 10 fire-fighting trucks

The Government of Oyo State said on Sunday that it was set to acquire 10 modern fire-fighting equipment through a competitive bidding process.
Defending champions the Olympic Eagles of Nigeria got off their campaign at the 2019 U-23 Africa Cup of Nations on a dour note following a 1-0 loss to Cote d’Ivoire at the Al Salam Stadium, Cairo, on Saturday evening.

NFF send warning to federal government about 2022 World Cup qualifiers

President of the Nigeria Football Federation (NFF) has sent a warning to Federal Government about Super Eagles could boycott the 2022 World Cup qualifiers over unpaid bonuses and allowances.
Gov. Abubakar Sani-Bello of Niger has urged the Muslim Ummah to pray for peace, unity and security for meaningful development in the country.

Niger spends N20 billion on pensions, gratuities

The Niger State Government has said that it has expended well over N20 billion on the payment of pensions and retirement benefits to retirees in the state in the last four years.
The acting Registrar-General of the Corporate Affairs Commission, Lady Azuka Obiageli Azinge, was yesterday arraigned before the Code of Conduct Tribunal.

CAC chief docked at CCT, gets bail on self-recognizance

The acting Registrar-General of the Corporate Affairs Commission, Lady Azuka Obiageli Azinge, was yesterday arraigned before the Code of Conduct Tribunal.

Looters return loot to Benin market fearing curse of juju priests

Fearing being struck dead by the dreaded Ayelala juju deity, looters of goods at the burnt Ekiosa market in Benin City are said to be returning the stolen wares to the market.

Slash in bank charges excite Nigerians

Banks customers on Monday commended the Central Bank of Nigeria (CBN) for its move in slashing various banks charges.
Governor Seyi Makinde

We are on same page with civil servants on new minimum wage – Oyo...

Oyo State Governor, Engineer Seyi Makinde, said on Saturday that his government was on the same page with civil servants on the new N30,000 minimum wage for workers.

Recent Stories

Boko Haram insurgents have killed Lawan Andimi, chairman of the Christian Association of Nigeria (CAN) in Michika local government area of Adamawa state.

Disquiet in Adamawa as Boko Haram snubs N50 ransom, kills CAN chair, pastor

Details emerging from the beheading of Michika local government Christian Association of Nigeria (CAN) chairman, Rev. Lawan Andimi, suggests that Boko Haram fighters turned down an offer of N50 million during negotiators before beheading the Christian community leader, who they abducted in the early days of January, the state CAN chairman, Bishop Dani Mamza has revealed.
A Federal High court sitting in Osogbo, Osun State has convicted a 21-year-old internet fraudster, Arowolo Ariremako, for defrauding an American $200.

Court convict ‘yahoo boy’ for defrauding American of $200

A Federal High court sitting in Osogbo, Osun State has convicted a 21-year-old internet fraudster, Arowolo Ariremako, for defrauding an American $200.
Frank Lampard looks on during the Premier League match between Everton and Chelsea at Goodison Park. (Photo by Clive Brunskill-Getty Images)

Frank Lampard determined to make his tenure successful

Frank Lampard is determined to make his tenure at Chelsea a successful one in order to silence the doubters who have criticised the Blues’ string of bad results.
29 Nigerian words and expressions were added in the latest (January 2020) updates of Oxford English Dictionary.

Full list of Nigerian words in Oxford dictionary latest update

29 Nigerian words and expressions were added in the latest (January 2020) updates of Oxford English Dictionary.
Ibrahim Magu

EFCC chief decries UK’s refusal to extradite Diezani Alison-Madueke

The acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, has decried the refusal of the United Kingdom to extradite a former Minister of Petroleum Resources, Diezani Allison-Madueke, to face trial for alleged money laundering in Nigeria.