Nigeria’s External Reserves add $244m in seven days to cross $40bn
Nigeria’s external reserves increased by $244 million ( $244,727, 958) from $39,832,802,155 on November 1, to $40,077,530,113 on November 7. The external reserves stood at $39.07 billion as of September 19, 2024, an increase of 17.4 percent compared with US$33.28 billion in the corresponding period of 2023. That was 8 months of import cover for…
Mike Tyson And Jake Paul Ready To Fight: Prima Condition After Weighing
JAKARTA The big battle that has been awaited has finally arrived. Mike Tyson, 58-year-old heavyweight boxing legend, and Jake Paul, a 27-year-old young boxer, will face each other in the ring on Friday night November 15 or Saturday morning WIB, at AT&T Stadium, Arlington, Texas. Both have officially weighed weight in a ceremonial weight session…
Tax Reform Bills – 10 Most Frequently Asked Questions | Taiwo Oyedele
It is not unusual for a major reform such as this to elicit keen interest from all stakeholders. This development is necessary to achieve the best outcomes that benefits all as it provides an opportunity for further engagements which is healthy for the system. In this regard, we have collated the most frequently asked questions…
Customs seizes N46bn illicit drugs in Rivers
The Nigeria Customs Service, Area 2 Command Onne, Rivers, has confiscated 21 containers of contraband drugs, donkey skin, and other items valued at over N46 billion. The command’s Comptroller, Mr Muhammad Babandede, disclosed this while briefing newsmen on Monday in Onne, Rivers. Babandede listed the confiscated items to include; cough syrups, Tramadol, fake antibiotics, chilly…
IPMAN Announces Agreement with Dangote Refinery To Reduce Fuel Prices
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has announced a strategic partnership with the Dangote Refinery to directly procure Premium Motor Spirit (PMS) as part of efforts to stabilize and potentially reduce fuel prices across the country. This development was disclosed on Monday by IPMAN’s National President, Abubakar Garima, during a press briefing held…
Playstation 5 Pro Goes On Sale, Will Gamers Pay Hefty Price To Play?
The PlayStation 5 Pro hits shops on Thursday with a price tag that has raised eyebrows among gamers, but growing sticker shocks in the tech industry have yet to deter consumers. The upgraded version of Sony’s flagship gaming console is retailing for $699.99 in the United States — $250 more than the previous PlayStation 5…
Arsenal Ready To Rebound After Troubled Spell, Says Arteta
Mikel Arteta expects Arsenal to bounce back from their nightmare spell in Sunday’s crucial clash with Chelsea after sensing his players’ hunger during a team meeting this week. Arteta’s side are without a victory in their last three Premier League games and have won just three of their last eight in the competition. Beaten 1-0…
Senators Divided Over Funding For Development Commissions
Following the creation of the Ministry of Regional Development by President Bola Tinubu, a slight ruckus ensued on the floor of the Senate on Thursday over the source of funding recommended for regional commissions. This came during a clause-by-clause consideration of the South-South Development Commission Establishment Bill 2024. The Senate Committee on Special Duties had…
Court To Hear Alleged Misappropriation Case Against Ganduje Nov 20
A Kano State High Court has scheduled Nov. 20 for the hearing of all pending applications in the ongoing case of alleged bribery and misappropriation of public funds against the National Chairman of the All Progressives Congress (APC), Dr Abdullahi Ganduje, and seven others. Ganduje, his wife Hafsat Umar, Abubakar Bawuro, Umar Abdullahi Umar, Jibrilla…
Extortion: IGP Orders ‘Severe’ Punishment For Corrupt Officers
The Inspector-General of Police, IGP Kayode Egbetokun has condemned alleged extortions by some officers of the force in some areas within the country, and has ordered “severe” punishment for corrupt officers. He referenced the case involving officers of the Zone 16 Zonal Headquarters, Yenegoa, identified as ASP Emmanuel Ubong, Inspector Nse Okon, Inspector Adiewere Collins,…
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