Naira rebounds to N1,400/$ as speculators offload forex
The naira rebounded against the United States dollar on Wednesday at the official and parallel markets, with the local currency recording a significant gain against the greenback at the black market. This came as the Central Bank of Nigeria announced…
Let them work, Tinubu asks N’Assembly to minimize MDA summons
President Bola Tinubu has appealed to members of the National Assembly to exercise restraint in summoning heads of Ministries, Departments, and Agencies before parliamentary committees. The President made the appeal while speaking at the breaking of the Ramadan fast on…
Tinubu approves national honors for 17 slain soldiers
President Bola Tinubu has approved what he called a befitting burial for the 17 soldiers who were killed while on a peacekeeping mission in Delta State last week. This was as he approved the conferment of post-houmous national honors on…
Delta bloodbath: Senate meets service chiefs as troops comb creeks
The Senate Joint Committee on Defence, Army, Navy,, and Air Force, on Wednesday, held a closed-door meeting with the Service Chiefs over the recent killing of 17 officers and troops of the Nigerian Army in Okuoma community, Bomadi Local Government…
Man rapes minor for three months, bags 20-year jail term
A Lagos State High Court sitting in Ikeja on Wednesday convicted and sentenced a man, Dennis Okubiat, to 20 years imprisonment for raping a 12-year-old girl for three months, which caused urinary incontinence. Justice Ismail Ijelu held that the victim…
Tinubu bans foreign-funded trips for ministers, other govt officials
President Tinubu has temporarily banned ministers, heads of agencies, and other government officials from embarking on publicly funded foreign trips. This was contained in a presidential directive dated 12th March signed by the Chief of Staff to the President, Femi…
Tinubu bans foreign-funded trips for ministers, other govt officials
President Tinubu has temporarily banned ministers, heads of agencies, and other government officials from embarking on public funded foreign trips. This was contained in a presidential directive dated 12th March signed by the Chief of Staff to the President, Femi…
Students Loan: What you need to know about the new bill
The National Assembly, on Wednesday, passed the Students Loans (Access to Higher Education) Act (Repeal and Re-Enactment) Bill, 2024. This comes after separate considerations by both the Senate and the House of Representatives of the report of the Committee on…
CDA News Updates you need to know Thursday morning
Good morning dear esteemed readers! Here is today’s summary from Nigerian Newspapers: 1. The Central Bank of Nigeria, CBN, has cleared the $7 billion foreign exchange (FX) backlog inherited by Governor Yemi Cardoso. This move fulfills a key pledge on…