Oyo opens portal to recruit 7,000 teachers

The Oyo State government, on Tuesday, opened a portal for the recruitment of 7,000 teachers for the state’s public primary schools. The Chairman of the Oyo State Universal Basic Education Board, Dr Nureni Adeniran, told newsmen that the job portal was scheduled to come alive at 6 pm on Tuesday. Adeniran said the recruitment was […]

Read more

Student loan: NELFUND postpones application for state varsities

The management of the Nigerian Education Loan Fund, on Tuesday, announced a 14-day postponement of the application process for student loans for state institutions. According to a statement by the agency in Abuja, the development was due to “low data submissions.” NELFUND said the decision was necessitated by the failure of several state-owned institutions to […]

Read more

Court orders Emefiele to forfeit $1.4m bribery proceeds

The Federal High Court in Lagos, on Tuesday, ordered the final forfeiture of the sum of $1,426,175.14 linked to the immediate-past Governor of the Central Bank of Nigeria, Godwin Emefiele. Justice Ayokunle Faji ordered the final forfeiture of the funds to the Federal Government. The final forfeiture order followed an application by the Economic and […]

Read more

Napoli lower Osimhen asking price to £85m

According to Calcio Mercato, Napoli still haven’t received any offers for Nigerian striker, Victor Osimhen, and are now willing to listen to proposals in the region of around £85m instead of the initial £100m release clause as they look to cash in on the striker this summer. Other reports in Italy state that the Serie A […]

Read more

Wire fraud: Court orders Nigerian’s extradition to US

The Federal High Court in Lagos has granted an application by the Attorney General of the Federation to extradite one Samuel Abiodun to the United States of America to face trial for alleged wire fraud and conspiracy to commit money laundering. Justice Akintayo Aluko gave the order on June 14, 2024, following the AGF’s application […]

Read more

Suspected ritualist arrested with human head in Ogun

Ogun State Police Command has arrested a suspected ritualist, Lekan Akinyemi, for unlawful possession of a human head dug from a grave. the arrest was made on Monday at about 3:50pm by the Divisional Police Officer in charge of Adatan Division. The Police Public Relations Officer, SP Omolola Odutola, who confirmed the arrest in Tuesday, […]

Read more

Nigeria’s terms of trade falls 0.12%

All commodity terms of  trade (ToT) declined by 0.12 percentage points in the first quarter of 2024 (Q1’24), just as the value of imports increased by 0.51 percentage points during the period. The National Bureau of Statistics, NBS, disclosed this yesterday in its All Commodity Price Indices and ToT report for Q1’24. The bureau defined ToT […]

Read more

Foreign loans drive up capital importation by 19% to $330m

Increased loan inflows improved capital importation into Nigeria in January 2024 by 19 percent month-on-month, MoM, to $330 million from $280 million in December 2023. The Central Bank of Nigeria, CBN, disclosed this in its Monthly Economic Report for January 2024. CBN said: “Higher inflow of loans boosted foreign capital inflow in the review month.” Giving further […]

Read more
Title
.