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President Bola Tinubu has established a humanitarian and poverty alleviation trust fund for the country. Betta Edu, the minister of humanitarian affairs and poverty alleviation, made the announcement on Friday at the sidelines of the 78th United Nations General Assembly (UNGA) in New York, United States. Edu said 30 percent of the […]

Vice-President Kashim Shettima says President Bola Tinubu is determined to turn Nigeria’s growing population into economic dividends. Shettima spoke on Friday at the opening of a two-day retreat for the leadership of the national assembly in Ikot Ekpene, Akwa Ibom state. The vice-president said by 2050, Nigeria would be the third most […]

President Bola Tinubu, says food security is affected by bad governance which has led to conflicts and political instability in some of the African countries. Tinubu spoke at a high-level event held on the sidelines of the 78th United Nations General Assembly on Thursday. The event was themed, ‘Attracting Investments in Land […]

The Central Bank of Nigeria (CBN) has officially confirmed the resignation of Godwin Emefiele as the governor of the apex bank. This comes three months after the suspension of the erstwhile central bank governor. Emefiele was suspended on June 9, 2023, by President Bola Tinubu, who also ordered a probe into his […]

Troops of the Nigeria Army (NA) have reportedly rescued six female students of the Federal University of Gusau abducted by bandits in Zamfara. An unspecified number of students of the university were reportedly abducted in the early hours of Friday from their rented lodge in Sabon Gida, Bungudu LGA of the state. […]

Amina Augie, a supreme court justice, has retired from the bench having reached the mandatory retirement age of 70. Augie’s retirement further depletes the number of justices at the apex court to 11. In July, the number of justices at the supreme court was reduced to 12 after the death of Chima […]

The presidency has retracted its previous claim that President Bola Tinubu was the first African leader to ring the National Association of Securities Dealers Automated Quotations (NASDAQ) bell. On September 11, the president was invited by the United States Chamber of Commerce to ring the closing bell at the stock exchange market, based […]

The Central Bank of Nigeria (CBN) said Olayemi Cardoso has assumed office as the acting governor of the apex bank, as he awaits the approval of the senate. In a statement on Friday, Isa AbdulMumin, director, corporate communications at CBN, said Cardoso took the relevant oaths of office at a brief ceremony held […]

The naira has plunged further against the dollar at the parallel section of the foreign exchange (FX) market. Bureaux De Change operators (BDCs), who spoke to TheCable on Friday, quoted the naira at N995 to the greenback at the street market. The figure represents a depreciation of N15 or 1.53 percent from […]

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