UTME: Minimum age for Varsity admission still 18 – FG The minister of education, Tahir Mamman, has said the minimum age for admission into Nigerian higher institutions of learning is 18 years. Tahir Mamman disclosed this on Monday during a monitoring exercise of the ongoing 2024 Unified Tertiary[Read More…]
Yahaya Bello’s female ADC arrested over allegation of aiding his escape The female Aide De Camp (ADC) of former Governor Yahaya Bello of Kogi State has been reportedly arrested by the police. The unnamed ADC, according to a report by the Daily Post, was picked up alongside other police officers[Read More…]
Nigeria: The Changing Governance Story With a 24-hour news cycle that tends to focus mainly on distasteful narratives, several Nigerians have been made to accept the view that nothing good is happening in their country. Those who rely on the mainstream media and social media[Read More…]
Nigeria’s low tax revenue to GDP is problematic, says IMF The International Monetary Fund (IMF) says Nigeria’s low tax revenue-to-gross domestic product (GDP) ratio is “problematic”. Abebe Aemro Selassie, IMF’s director of the African department, spoke at a news conference on Friday, focusing on the firm’s regional economic[Read More…]
Tinubu appoints Olusegun Omosehin as NAICOM boss President Bola Tinubu has appointed Olusegun Ayo Omosehin as the commissioner for insurance, National Insurance Commission (NAICOM). Tinubu appointed Omosehin to replace Olorundare Thomas. In a statement on Friday, Ajuri Ngelale, Special Adviser to the president, media and publicity, said Tinubu also[Read More…]
Tinubu appoints Emomotimi Agama as New SEC DG, names board President Bola Tinubu has appointed Emomotimi Agama as the director general of the Securities and Exchange Commission (SEC). Ajuri Ngelale, special adviser to the president on media and publicity, disclosed this in a statement on Friday. Agama will take[Read More…]
NNPC, First E&P commence production at OML 85, target 20,000 bpd The Nigerian National Petroleum Company (NNPC) Limited and its joint venture partner in oil mining lease (OML) 85, First Exploration and Petroleum Development Company Limited (First E&P) have commenced oil production from the asset, also known as Madu field.[Read More…]
Customs adjust FX rate for import duties to N1,147/$ The Nigeria Customs Service (NCS) has again adjusted the foreign exchange (FX) rate for duties to N1,147.02 per dollar. This represents a 7.3 percent decrease compared to N1,238.1/$ displayed on April 18. TheCable reports that the rate adopted by customs[Read More…]
Acting PDP National Chairman, Umar Damagum, retains seat The National Caucus of the Peoples Democratic Party (PDP) has extended the tenure of Umar Damagum as the acting National Chairperson of the party. The National Publicity Secretary of the PDP, Debo Ologunagba, disclosed this on Thursday while addressing journalists after the[Read More…]
Wema Bank removes fintech partners from platform over fraud Wema Bank has said that it has removed and suspended about seven fintech partners from its payment gateway platform over fraudulent activities. This is as the bank unveiled an anti-fraud campaign to protect its customers and other Nigerians against[Read More…]
