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Cost of import clearance jumps by 23% amid currency fluctuations
2 mn read In the space of 16 days, the cost of clearing imports increased by 23% from ₦1,150.16/$ recorded on April 23, 2024, to ₦1,412.6/$ as of May 8, 2024. Cost of import clearance jumps by 23% [GFE Business] Nigerian manufacturers and importers have seen their import clearance fees increase by 23% as the country battles forex […]
5 common mistakes you should avoid when starting a new job
3 mn read Avoiding these common mistakes when starting a new job sets you on the right path to success. Do not make these mistakes in your new job Searching for a job can be tasking. Most people put in so much effort in getting one and the excitement that comes with that offer letter is worth the […]
Remains of two Uganda Martyrs set to be returned from Rome
2 mn read The Catholic Church in Uganda is preparing to welcome back a significant piece of its history: the remains of two martyrs who were brutally killed in the late 19th century. The remains will be displayed at Uganda Martyrs University alongside other powerful artifacts These martyrs, Charles Lwanga and Matiya Mulumba, were among a group of […]
1 thing you probably should never drink when on a plane
3 mn read The explanation of why you should avoid this drink water during a flight is both simple and surprising. Be careful what you drink! Some flight attendants are happy to share their thoughts about airline passengers and what they should or shouldn’t do online. Former airline employee, Kat Kalamani, took to TikTok to reveal what drinks […]
Top Nollywood Stars Who Have Won Most AMVCA Awards (Full List)
4 mn read Nollywood stars and movie enthusiasts are eager to see who will emerge as winners at the Africa Magic Viewers’ Choice Awards (AMVCA) ceremony, which is scheduled to hold on Saturday, May 11, 2024. Since the inception of the prestigious award ceremony in Lagos, Nigeria, on March 9, 2013, the AMVCAs have become one of the […]
It’s impossible to drown even if you can’t swim in these 5 water bodies
2 mn read It’s impossible to drown even if you can’t swim in these 5 water bodies Did you know that there are some bodies of water that you can’t drown in, even if you can’t swim? Siwa Oasis Water bodies with a high salt content make it almost impossible for people to drown. This is because water […]
The ‘gates to hell’ are opening wider and wider — it’s a warning sign
2 mn read The edges of the sinkhole, one kilometre long and 50-100 metres deep, are constantly crumbling. Batagayka crater in Russia is called the ‘gates to hell’ [Jesse Allen] In northern Yakutia, Russia, there is the world’s largest permafrost depression. Officially, this place is called the Batagajka crater and is located approximately 660 km from Yakutsk, but […]
APC group kicks against NLC’s ₦615k monthly minimum wage demand
2 mn read The demand for a minimum wage of ₦615,000 monthly salary for Nigerian workers by NLC has raised concern as the country is presently at an economic crossroads. Director-General, Confederation of APC Support Groups, Prof. Kailani Muhammed A socio-political group, the Confederation of All Progressives Congress (APC) Support Groups, has urged the Nigeria Labour Congress (NLC) […]
FGN offers ₦450 billion bonds for subscription at ₦1,000/unit
2 mn read All FGN bonds qualify as liquid assets for liquidity ratio calculation for banks. FGN Bonds [Noble Solutions] The Federal Government, through the Debt Management Office (DMO), has offered three FGN bonds valued at ₦150 billion each for subscription at ₦1,000 per unit. According to a release by the DMO, the first offer is the five-year […]
OPay clarifies new CBN directive, reassures customers
< 1 mn read OPay clarifies new CBN directive, reassures customers OPay remains committed to working closely with the Central Bank of Nigeria (CBN) and other regulatory bodies to fight money laundering, fraud, terrorism financing, and other illegal financial activities. As a regulatory-compliant institution, OPay follows the rules set by the CBN and other regulators to ensure the […]
Nigerian workers are 7th most stressed employees in Sub-Saharan Africa
2 mn read At the top three spots were Chad, Uganda and Tanzania with 58%, 57% and 56% respectively. Nigerian workers are 7th most stressed employees in Sub-Saharan Africa A new global workplace report has ranked Nigerian workers in seventh place in the list of countries with the most stressed workers in Sub-Saharan Africa. According to the 2023 […]
Employing people to State’s civil service isn’t my priority – Governor O
2 mn read The governor stated that the issue of employment would arise when the government finished dealing with what it met in the civil service. Abia State Governor, Alex Otti Gov. Alex Otti of Abia says it is not on the front burner of his administration to employ new people into the state’s civil service. The governor […]
Nigerians who take hard drugs can go to prison for 15 yrs if Tinubu signs new law
3 mn read The bill also prescribed not more than 15 years imprisonment without the option of a fine, for conviction on the consumption of hard drugs and substances. Nigerian youths taking hard drugs [The Guardian Nigeria] The Senate on Thursday, prescribed death sentence as penalty for trafficking in hard drugs and other substances in Nigeria. This followed […]
Court dismisses 13-year malicious prosecution case against NCC
3 mn read A movie producer who alleged that NCC maliciously prosecuted him for offences he did not commit. Court dismisses 13-year malicious prosecution case against NCC After 13 years of litigation, a Federal Capital Territory (FCT) High Court has dismissed a case of alleged malicious prosecution filed against the Nigerian Copyright Commission (NCC). The case was filed […]
EFCC arrests 21 suspected ‘Yahoo Yahoo’ boys in Uyo, begins investigations
< 1 mn read The suspects would be charged in court as soon as investigations are concluded. EFCC arrests 21 suspected Yahoo Yahoo boys in Uyo Operatives of the Uyo Zonal Command of the Economic and Financial Crimes Commission (EFCC) have arrested 21 suspected internet fraudsters in Uyo, Akwa Ibom. Its Spokesman, Dele Oyewale, said this in a statement […]
Three Super Eagles Players To Clash In 2023-2024 Europa League Final
< 1 mn read Three Super Eagles of Nigeria players will be on parade during the 2023-2024 UEFA Europa League final at the Aviva Stadium in Dublin on May 22, 2024. For the first time in the history of the tournament, three Nigeria players – Victor Boniface, Ademola Lookman, and Nathan Tella will battle for the Europa League title. […]
Kano Electric Official Found Dead After Phone Call From Friend
2 mn read An employee of Kano Electricity Distribution Company (KEDCO), Bello Bukar Adamu, has been found dead many hours after his sudden disappearance from home. Reports are that Adamu was contacted by his friend, Zubairu Sadiq, who is alleged to be a former coworker at KEDCO. The suspect allegedly lured Adamu out of his home under the […]
Lagos-Kano Rail Begins Freight Operations In June, Says FG
2 mn read The Federal Government is set to initiate freight services on the Lagos-Kano narrow gauge rail line, aiming to enhance commercial operations and reduce the burden on the nation’s highways. Naija News reports that the development was disclosed during an inspection visit by the Minister of Transportation, Saidu Alkali, to the project site in Kano State […]
Junta Leader, Idriss Deby Itno Wins Chad Presidential Election
2 mn read Chad President Mahamat Idriss Deby Itno Chad’s military leader, Mahamat Idriss Deby Itno, has emerged victorious in this week’s presidential election. Naija News understands that Deby Itno secured a first-round win based on preliminary official results announced on Thursday evening. This outcome further solidifies his family’s longstanding control over the Republic of Chad. It is […]
‘My Gov’t Has No Interest In Employing People Into The Civil Service Now’ – Alex Otti
2 mn read The Governor of Abia State, Alex Otti, has stated that his administration’s focus presently is not on hiring new employees for the state’s civil service. Naija News reports that Otti made this remark during the monthly media interaction session held on Thursday in Umuahia, the state’s capital city. Governor Otti mentioned that the issue of […]