The naira, on Tuesday, depreciated to N1,185 per dollar at the parallel section of the foreign exchange (FX) market. Naira fell by N35 or 3.04 percent compared to the N1,150 it traded on Monday. The improving fortune of the naira at the parallel market was reversed, ending a two-day rally. On Friday, the dollar […]
The Central Bank of Nigeria (CBN) says there are no plans to redenominate the country’s legal tender, the naira. The development is coming amid speculation that the CBN plans to change the naira notes to support the local currency against international currencies in the foreign exchange market. CBN had previously told Nigerians to ignore […]
The president of the Nigeria Labour Congress (NLC) Comrade Joe Ajaero has been rushed to the Federal Medical Centre (FMC), Owerri where he is receiving medical attention, TheNation reports The NLC head of Information and Publicity, Comrade Benson Upah, disclosed that Ajaero’s right eye is completely shut. The Nation reports Ajaero was whisked away […]
The Kwara State Police Command has arrested a middle aged man who is operating a barbing salon in Ilorin, the state capital, over a girl who allegedly died during a sex romp on Monday. The police who confirmed the incident on Tuesday said that it had commenced investigation into the cause of the death […]
Executive Secretary, National Lottery Trust Fund, NLTF, Bello Maigari, has said more than 65 million Nigerians spend millions on betting, despite worsening economic hardship. Maigari also said the global online betting market had experienced exponential growth, making it worth over $50 billion. The NLTF boss, who made the observation while speaking at the national […]
Huge explosions ripped through Gaza’s largest refugee camp on Tuesday, leaving dozens dead, in strikes the Israeli army said killed a Hamas commander involved in the October 7 attacks. Wails filled the dusty air as volunteers clawed through the concrete blocks and twisted metal at the Jabalia refugee camp in northern Gaza in a […]
The scheduled meeting between the organised labour and Federal Government today, over the 30-day ultimatum to meet the demands of the former as contained in a signed Memorandum of Understanding, has been postponed. A top official of the Nigeria Labour Congress, who spoke with The PUNCH, said the meeting will now hold next Tuesday. […]
The Organised Labour has put workers on alert for an immediate nationwide action if the arrested President of the Nigeria Labour Congress (NLC) is not released by the end of today (Wednesday). Channels Television reported that Ajaero was arrested in Owerri, the capital of Imo State earlier on Wednesday during a protest by workers […]
The Imo State police command has denied arresting the Nigerian Labour Congress ( NLC) president, Comrade Joe Ajaero in Owerri on Wednesday. Earlier, the Head of Information, NLC, Benson Upah, noted that Ajaero was arrested at the state secretariat of the congress and taken to an unknown location. According to Upah, the president of […]
Operatives of the Nigeria Police Force, on Wednesday, arrested the National President of the Nigeria Labour Congress, Joe Ajaero in Owerri, the Imo State capital. The Head of Information, NLC, Benson Upah, who spoke to The PUNCH, noted that Ajaero was picked up at the state secretariat of the congress and taken to an […]
