Maj. Gen. Musa is new Defence Chief, Maj. Gen. Lagbaja new Army Chief, Rear Admiral Ogalla is Chief of Naval Staff, AVM Abubakar is Chief of Air Staff and DIG Egbetokun is Acting IGP. READ ALSO: LASU Record Breaker, Yusuf Aminat, Gets N2 Million Gifts CBN Lifts Restriction On $10k Deposit For Domiciliary Account Holders JUST IN: President Tinubu Jets Out of Nigeria Indefinite Suspension: Tinubu Removes Bawa As EFCC Chairman Nigeria President Bola Ahmed Tinubu, GCFR, has approved the immediate retirement of all Service Chiefs and the Inspector-General of …
Read MoreDay: June 19, 2023
LASU Record Breaker, Yusuf Aminat, Gets N2 Million Gifts
Why we hosted genius Law scholar, gifted her N2 million — Oniba The traditional ruler of Iba Kingdom, Oba Adeshina Suleiman Okikiola Raji Ashade, the Oniba Ekun of Iba, has presented a cheque of N2 million to Aminat Yusuf, the genius Law scholar who emerged the Best Graduating Student in the 40year history of Lagos State University (LASU). Platforms Africa reports that Yusuf emerged the best with a perfect CGPA of 5.0 in the ongoing 26th Convocation Ceremonies of the University, was on Sunday, 18th June 2023. READ ALSO:…
Read MoreCBN Lifts Restriction On $10k Deposit For Domiciliary Account Holders
The Central Bank of Nigeria (CBN) says cash deposits into domiciliary accounts will not be restricted, and customers “shall have unfettered and unrestricted access to funds in their accounts”. The bank spoke in a statement issued after a meeting with the bankers’ committee on Sunday. The meeting was meant to provide further guidance to deposit money banks (DMBs) on the recent operational changes to the foreign exchange market and to discuss the implementation and implications of the policy changes for the banking public. READ ALSO: Subsidy: Labour Threatens Strike, Resumes Talks…
Read MoreSubsidy: Labour Threatens Strike, Resumes Talks With Nigerian Govt
Ahead of the meeting between the Nigwrian Government and the organised labour scheduled to hold today (Monday), the Nigeria Labour Congress has said the government must meet its demands to cushion the effect of the fuel subsidy removal. The union threatened that it would not hesitate to call out workers for industrial action, adding that it only suspended its planned strike. It stated that the high cost of fuel was inflicting unbearable hardship on Nigerians, adding that the government must act fast with respect to providing palliatives, as the NLC…
Read More42 Pupils Murdered In Rebels Attacks On Ugandan School
THE bereaved Ugandan border town of Mpondwe-Lhubiriha began burying the victims of a horrific attack on a school by suspected extremist rebels that claimed the lives of 42 people, mostly students. As security forces increased patrols along the frontier with volatile eastern Congo, the town solemnly laid to rest the victims of the brutal assault. Selevest Mapoze, mayor of Mpondwe-Lhubiriha, announced that one of the eight people wounded in the Friday night attack, which resulted in the deaths of 38 students, passed away overnight. ‘Most of the relatives have come…
Read MoreMarketers Adjust Pumps as Petrol Surges Above N500/Litre In Lagos + REASON
Nigerians have begun to lament the effects of the introduction of a 7.5 per cent Value-Added Tax on the price of premium motor spirit, otherwise known as petrol. This comes barely a month after President Bola Tinubu removed the subsidy on petrol during his inaugural speech on May 29, raising the price of PMS from N188 to about N580 in different states of the federation. Recall that the Minister of Finance, Budget and National Planning, Zainab Ahmed, announced that the Finance Act 2020 raised the previous 5 per cent VAT…
Read MoreJUST IN: President Tinubu Jets Out of Nigeria
President Bola Ahmed Tinubu will on Thursday, June 22, join world leaders in Paris, France, to review and sign a New Global Financial Pact. Platforms Africa reports that the President Tinubu would leave the country on a private jet on Tuesday along with members of the Presidential Policy Advisory Council. He will return on Saturday. His Special Adviser on Special Duties, Communication, and Strategy, Mr. Dele Alake, said that the vulnerable nations will be at the center of the new financial deal that will be signed at the occasion. The…
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