Bill on prohibition of foreign currency use in Nigeria scales First Reading in senate

The Senate has initiated steps to restore Nigeria’s monetary sovereignty by outlawing the use of foreign currencies for payments and transactions within the country. The proposed legislation, aimed at ensuring all payments—including salaries and transactions—are conducted in Naira, seeks to eliminate discriminatory practices and strengthen confidence in the local currency. This includes making it mandatory […]

NYSC member slumps, dies in Kebbi

A National Youth Service Corps, NYSC, member deployed to Kebbi State, Tayachibiyacha Ebal, has slumped and died at Dakin Gari Orientation Camp. It was reported that the NYSC member suddenly slumped and was immediately rushed to camp clinic for medical attention. She was later taken to the Federal Medical Centre, Birnin-Kebbi, for advanced medical attention. […]

DAILIES TOP STORIES: FEC orders final adjustments as Tinubu presents 2025 budget Wednesday

Tuesday 17 December 2024 NNPCL supported Dangote refinery establishment with $1bn loan – Official Nation in darkness: Serial grid collapse, huge debts, vandalism hinder Tinubu’s 15,000MW target Lookman wins CAF Player of The Year award Tinubu economic policies have impoverished Nigerians, says Delta gov Again, DHQ denies plan of French military base in Nigeria Tinubu […]

W’Bank plans $1.65bn loans for Nigeria next year

The World Bank is set to decide on three major loan projects for Nigeria in 2025, totalling $1.65bn, as part of efforts to address critical developmental challenges in the country. The loans, currently in the pipeline, will focus on internally displaced persons, education, and nutrition enhancement. According to information obtained from the World Bank’s website, […]

Police Say Nigerian Governors Aware Of Roadblocks They Mount

The Police High Command says state governors are aware of the roadblocks mounted by its personnel either on major highways or some intercity roads in their respective locations. According to DailyTrust, it also said that Nigerians abroad are trooping into the country to enjoy Christmas in their respective communities sequel to improved security situation in […]

EFCC Arraigns Bankers For Currency Racketeering In Enugu

The Enugu Zonal Directorate of the Economic and Financial Crimes Commission, EFCC on Thursday, December 12, 2024 arraigned the duo of Ekpe Anayaoha Okoronkwo and Umeonuoha Onyinye, staff of one of the new generation banks, before Justice Mohammed Garba Umar of the Federal High Court sitting in Independence Layout, Enugu State for allegedly selling newly-minted […]