Cooking gas price jumps by 83% in one year –NBS report
THE average retail price for cooking gas increased by 83.62 per cent from N2057.71 in March 2021, according to a new report by the National Bureau of Statistics. The report titled, “Liquefied Petroleum Gas (Cooking Gas) Price Watch (March 2022),” indicated that the average price for refilling a 5kg cylinder
Why CBN can’t float exchange rate –Emefiele
The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said that despite calls and recommendations by the International Monetary Fund, the World Bank and other global financial institutions, Nigeria cannot afford to operate a floated exchange rate system. Emefiele made this known at the IMF/World Bank Spring Meetings
Eight arrested for vandalism and illegal bunkering
Eight members of a syndicate which specializes in pipeline vandalism and illegal bunkering have been arrested by Ondo State Command of the Nigeria Security and Civil Defence Corps. Spokesperson of the command, Mr Daniel Aidamenbor said the suspects were arrested in Olowo community in Odigbo Local Government Area
Married woman narrowly escapes death after being attacked by boyfriend during visit to his house
A married woman, Funmilola Osundare has landed in the hospital after her boyfriend suspected to be a ritualist macheted her in Akure. The unfortunate incident occurred at her boyfriend’s rented apartment in ljapo, GRA, Akure, the Ondo State capital. It was learnt that the woman was saved by neighbours
Binance recovers $5.8m from North Korean cryptocurrency hackers, Lazarus Group
The founder of Binance, Changpeng Zhao, on Friday, said the cryptocurrency exchange had recovered some funds stolen by North Korean hackers, the Lazarus Group. Zhao revealed that the DPRK Group used Binance blockchain system to move part of the funds, spreading the crypto funds across over 86 accounts on the
Insecurity: NAF partners British military to train 150 Special Forces
The Nigerian Air Force, in partnership with the British Military Advisory Training Team, has trained 150 Advanced Special Forces operatives to be deployed to troubled areas to help in tackling security challenges bedevilling the country. The Air Officer Commanding, Ground Training Command, Air Vice Marshal Ibukunle Daramola, in a welcome
Russian invasion: We ‘re committed to supporting Ukraine – IMF
The Managing director of the International Monetary Fund (IMF) Ms. Kristalina Georgieva, has restated the firm commitment of her organization to supporting Ukraine in the current war occasioned by the invasion of that country by Russia. She spoke, yesterday, during a meeting hosted by Ukraine, on the sidelines of the
Cultism: Police storm cultists den in Ikorodu, arrests three
Acting upon intelligence provided by civic-minded Lagosians, operatives of the CP Special Squad of the Command stormed some cultists’ den in Isawo, Ikorodu on April 16, 2022 and arrested three suspected cultists. The timely raid led to the arrest of some suspected cultists and the recovery of 2
Lagos Governor, Sanwo-Olu asks aides, others seeking elective positions in 2023 to resign
Lagos State Governor, Babajide Sanwo-Olu, has directed all political appointees and other public servants aspiring for elective positions in 2023 to resign. The directive was contained in a circular dated April 14 by the state Head of Service, Hakeem Muri-Okunola, who hinged the decision on the provision of the
Nigerian man dies after allegedly jumping from 21st floor apartment in Malaysia
A 27-year-old Nigerian man identified as Victory has died after he allegedly jumped from 21st floor of his condominium in Malaysia. It was gathered that the incident happened at Mutiara ville (21st floor. Block F2) in Cyberjaya on Tuesday afternoon, April 19, 2022. The reasons for his action