DAS
4 Aug
The Central Bank of Nigeria (CBN) says it has concluded plans to undertake a Retail Dutch Auction System (DAS) to mitigate foreign exchange demand for eligible transactions through authorised dealers. The bank, in a recent circular, directed all deposit money banks (DMB) in the country to furnish it with a comprehensive list of outstanding legitimate…
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29 mins ago
Russia has been looking to hit Ukraine with a ballistic missile "for months", UK Defence Secretary John Healey said on Thursday, without confirming Kyiv's claim of a strike. "There are unconfirmed but media reports today of Russia firing a new ballistic missile into Ukraine, which we know they have been preparing for months," he told…
38 mins ago
The House of Representatives on Wednesday rejected a bill seeking a six-year single term for Nigeria’s presidency.
38 mins ago
Dr. Abisoye Fagade, the newly appointed Director-General (D-G) of the National Institute for Hospitality and Tourism (NIHOTOUR), has promised to reposition the institute. Fagade made the promise when he assumed duty at the head office of the institute on Thursday in Abuja. The News Agency of Nigeria (NAN) reports that Fagade was recently appointed as…
39 mins ago
Dozens of people were killed or unaccounted for after Israeli strikes on the Gaza Strip, a hospital director and the civil defence agency said Thursday. One strike near the Kamal Adwan hospital in the north of the territory left "dozens of people" dead or missing, the facility's director Hossam Abu Safiya told AFP. The process…
47 mins ago
Britain has imposed a travel ban and an asset freeze on Angolan billionaire Isabel dos Santos under its global anti-corruption sanctions regime, the British government said on Thursday. Dos Santos, whose father Jose Eduardo dos Santos ruled Angola for 38 years until 2017, has faced corruption accusations in Angola and elsewhere for years. Africa’s first…
49 mins ago
Nigerian farmers have disclosed how they suffered huge losses due to delays in rainfall and flooding in this year's farming season.
1 hour ago
The Nasarawa State Police Command has confirmed that three persons lost their lives in a clash between farmers and herders in the state. Mr. Umar Nadada, Commissioner of Police in the state made the disclosure while briefing newsmen on Thursday in Lafia. He said that the incident happened in Dogon Duste community, a community between…
1 hour ago
In a bid to ensure speedy dispensation of Justice, the House of Representatives at the plenary on Thursday passed through a second reading