Day: January 24, 2024

How FG, others gain N1.05trn from Naira depreciation

The three tiers of government recorded N1.05 trillion in income from exchange rate gains into the Federation Account, in nine months to September 30th, 2023, triggered by the 71 per cent depreciation of the naira during the period. This represents a 10,400 per cent increase when compared with the N10.35 billion income from exchange rate […]

Japa: 32,462 Nigerians apply for passports in two weeks

The rush by Nigerians to leave the country for greener pasture reached its crescendo in the new year as 32,462 persons have so far applied for international passports and uploaded their documents from the Nigeria Immigration Service site between January 8 and 21,2024. Of these applications, 15,113 have reportedly been approved for biometric capture and […]

Lagos Plastic Ban: US-Nigeria Trade Council Warns Of Financial Strain On SMEs

The U.S.-Nigeria Trade Council (USTC) has raised alarms, stating that the abrupt prohibition of single-use plastic containers by the Lagos State Government will pose a significant financial burden on Small and Medium Scale Enterprises (SMEs) within the state. Mr. Titus Olowokere, the President of the council, expressed these concerns in a statement released on Tuesday […]

WAEC Holds First CBT Mock Exam On Tuesday

The West African Examinations Council (WAEC) has announced it will conduct the first-ever free computer-based mock exam for private candidates gearing up for the 2024 first-series West African Senior Secondary School Examination (WASSCE). The Acting Head of Public Affairs at WAEC national office in Lagos, Moyosola Adesina, disclosed this in a statement on the regulator’s […]

Lagos shuts Tunpinse Herbal Home, Mercy Clinic, others

The Lagos State Traditional Medicine Board has begun the sealing up of premises of traditional birth attendants and unauthorized maternity homes as part of effort to sanitise the traditional medicine practice in the state. The exercise was carried out in Ebute-Metta, Agege and Dopemu environs in collaboration with the Lagos Neighbourhood Safety Corps. The board’s […]

Police nab Lagos couple, others for self-kidnapping, issue warning

The Police have warned that self-kidnapping (false kidnapping) is a criminal offence punishable under the Nigerian laws and as such, there will be legal consequences for anyone involved in the act. The Police issued the warning following observed incidents of self-kidnapping in various locations, with suspects apprehended in Lagos and Abuja as narrated by Force […]

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