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‘We Stand By Our Story’– Daily Trust Replies CBN On Naira Devaluation Report

Daily Trust Newspaper, a Nigerian prominent media platform, says it stands resolutely on its report that the Central Bank of Nigeria (CBN) devalued the naira. On Thursday, the newspaper’s report that the naira traded N631 the dollar on the official widow, caused a stir in the country. The apex bank later debunked the report, adding that such […]

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Tinubu Meets With EFCC Chairman In Aso Rock

President Bola Tinubu yesterday met behind closed doors with the Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa, at the Presidential Villa, Abuja. The meeting comes barely 24 hours after Tinubu directed the Department of State Services, DSS, to vacate the Ikoyi office of the anti-graft commission. Bawa, who arrived at the […]

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Central Bank Of Nigeria ‘Devalues’ Naira To 631/$1

The Central Bank of Nigeria (CBN) has devalued the Naira to N631 to the dollar from N461.6 it sold at the Importers and Exporters (I&E) window the previous day, Daily Trust gathered. The devaluation came 48 hours after President Bola Ahmed Tinubu announced the plans of the federal government to unify the country’s exchange rate to stimulate […]

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NNPC Confirms Petrol Price Hike As Nigerians Lament In Pains

The Nigerian National Petrol Company Limited has confirmed it adjusted pump prices of Premium Motor Spirit known better as petrol across the country. In a statement issued on Wednesday and signed by its Chief Corporate Communications Officer, Garba Deen Muhammad, the national oil company explained that the adjusted pump price was in line with “current […]

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Fuel Subsidy: Don’t Dare Nigerians — NLC warns Tinubu

The Nigeria Labour Congress, NLC, Tuesday, expressed displeasure over the pronouncement by President Bola Tinubu that the subsidy is gone without consulting relevant stakeholders and putting in place adequate measures to cushion its effect on workers. NLC in a statement by its President, Comrade Joe Ajaero noted with regret that a few hours after the […]

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Emefiele Meets Tinubu At Aso Rock

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), met with President Bola Tinubu at the Presidential Villa in Abuja on Tuesday. Tinubu, whose vehicle entered the villa at 2:30pm, inspected a parade by the Guards of Honour. He was later received by Vice-President Kashim Shettima; Emefiele; Mele Kyari, Group Managing Director (GMD) of […]

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Fuel Scarcity: Nigerians Lament Hardship As Tinubu Marks First Day In Office

Less than 24 hours after President Bola Tinubu assumed office, many Nigerians have been groaning over the current fuel crisis, resulting to queues at filling stations. In his inaugural speech, the president had announced that fuel subsidy “is gone”. Shortly after President Tinubu announced the removal of subsidy on petrol otherwise known as fuel, queues […]

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I Won’t Be A Dictator – Tinubu

President Bola Tinubu has assured Nigerians that his administration shall govern on citizens behalf but never rule over them. He said this in his inaugural address at Eagle Square, Abuja, on Monday. He said, “We shall consult and dialogue but never dictate. We shall reach out to all but never put down a single person […]

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Fuel Subsidy Is Gone­ – Tinubu

President Bola Ahmed Tinubu yesterday declared that fuel “subsidy is gone”. He said this at Eagle Square, Abuja, in his speech after he was inaugurated as President and Commander-in-Chief of the Armed Forces of the Federal Republic. In his inauguration speech, Tinubu had said subsidy was benefitting the rich at the expense of poor. “We […]

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I Look Forward To Working With Tinubu, Says Biden

The President of the United States of America, Joe Biden, has expressed the desire to work with the newly sworn-in President of Nigeria, Bola Tinubu. This was disclosed in a statement, on Monday, from Biden to Tinubu while felicitating with the new Nigeria President. The Punch reports  Tinubu and the Vice President, Kashim Shettima were […]

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Nigerians Will Beg Tinubu For Second Term – APC Women Leader

The national women leader of the All Progressives Congress, APC, Betta Edu, has President-elect Bola Tinubu will perform so well that Nigerians will beg him to run for a second term. Tinubu is billed to be inaugurated as the substantive President of the Federal Republic of Nigeria on May 29, 2023. While speaking in an […]

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Tinubu’s Inauguration Will Strengthen Me – Peter Obi

Peter Obi, Presidential Candidate of Labour Party, has said the inauguration of President-elect Bola Tinubu, will strengthen him. Daily Trust reports that Tinubu, who won the February 25, 2023 elections, will be sworn in as Commander-in-Chief and 16th President of the Federal Republic of Nigeria, on Monday. Preparations for the event are in top gear, […]

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You Took Nigeria From Top To Bottom, Ortom Tells Buhari

Governor Samuel Ortom of Benue State, weekend, said the last eight years would be remembered by all as the worst in the history of Nigeria. He said it was a period when a country that was flourishing under then-President Goodluck Jonathan was plunged into unimaginable poverty, insecurity, and general maladministration. He maintained that never in […]

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Nigerian Government Declares Monday, 29th May, Public Holiday

The Federal Government has declared Monday, 29th May 2023 as work-free for all workers in the country. According to the federal government, the decision is to allow Nigerians to commemorate the inauguration of the nation’s 16th democratically elected President. Permanent Secretary in the Ministry of Interior, Dr Shuiab Belgore in a statement on Friday noted […]

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Man Utd Thrash Chelsea To Secure Champions League Return

Manchester United sealed qualification for next season’s Champions League with a 4-1 thrashing of beleaguered Chelsea on Thursday. Casemiro, Anthony Martial, Bruno Fernandes and Marcus Rashford were on target as the Red Devils moved up to third in the Premier League. A miserable night summed up Chelsea’s season despite spending over £500 million in the […]

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I Didn’t Know Anything About Education Sector When Buhari Appointed Me – Adamu

Mallam Adamu Adamu, has confessed that he was novice in education sector when President Muhammadu Buhari appointed him Minister of Education in 2015. Adamu, who is the longest serving minister, stated this at a valedictory session with officials and heads of parastatals of  the Ministry on Thursday. He said he was forced to apply wisdom […]

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I Won’t Disappoint Nigerians, Tinubu Assures

The President-elect Bola Tinubu, on Thursday, in Abuja, said he will not disappoint the trust conferred upon him by the President, Major General Muhammadu Buhari (retd.), and millions of Nigerians. He also affirmed that he understands the magnitude of the honour conferred upon him and the corresponding task ahead. Tinubu made the promise in his […]

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Nigeria Air Fails To Fly 96 Hours To End Of Buhari’s Tenure

The national carrier, Nigeria Air, is yet to begin operations 96 hours to the end of the present administration, Daily Trust reports. The eight-year tenure of President Muhammadu, which commenced on May 29, 2015, comes to an end on Monday, May 29, 2023. Hadi Sirika, Minister of Aviation, had insisted that Nigeria Air will fly […]

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