Category: News
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UN ON THE BRINK: GUTERRES WARNS OF IMMINENT FINANCIAL COLLAPSE
Unpaid dues, outdated rules push the world body toward a cash crunch UN Secretary-General António Guterres has sounded a stark alarm: the United Nations could be heading for financial collapse unless member states urgently clear unpaid dues or agree to overhaul the organisation’s financial rules. In a letter to UN ambassadors, Guterres said the crisis…
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NAIRA ENDS WEEK STRONGER, GAINS AGAINST DOLLAR
CBN reforms boost confidence as local currency posts steady week-long rally The naira wrapped up the week on a positive note, appreciating further against the U.S. dollar at the official market to close at ₦1,386.55/$1 on Friday. Data from the Central Bank of Nigeria (CBN) show the currency gained ₦10.43, a 0.7% improvement from Thursday’s…
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NGX ENDS WEEK MIXED AS MARKET VALUE JUMPS ₦184BN
Fresh share listings lift capitalisation despite a slight dip in the index Trading on the Nigerian Exchange (NGX) closed on a mixed note on Friday, with market capitalisation climbing by ₦184 billion even as the benchmark index slipped slightly. Market value rose 0.17% to ₦106.15 trillion, boosted mainly by Presco’s additional 166.7 million shares and…
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LIRS SHIFTS EMPLOYERS’ TAX FILING DEADLINE TO FEB. 7
More time for businesses as Lagos tax office grants one-week extension The Lagos State Internal Revenue Service (LIRS) has given employers a short breather, extending the deadline for filing annual tax returns from February 1 to February 7. LIRS Chairman, Dr Ayodele Subair, said the move is to help employers submit accurate and complete returns,…
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AVIATION SKILLS GAP? BALAMI’S UNIVERSITY STEPS IN
IBUAM says it’s training the next generation of pilots, engineers and aviation leaders Founder of the Isaac Balami University of Aeronautics and Management (IBUAM), Isaac Balami, says the institution was created to fix Nigeria’s aviation manpower shortage and leadership gaps. Balami spoke in Lagos while hosting a Borno State Government delegation, on a campus visit…
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LOW-INCOME INVESTORS URGED TO PICK SAFE, REGULATED OPTIONS
Experts say low-risk investments are key to protecting income amid Nigeria’s economic challenges Financial and economic specialists are urging Nigerians—especially low-income earners—to prioritise regulated, low-risk investments to safeguard their earnings during tough economic times. Prof. Wale Oni, an agricultural economist at the University of Ibadan, stressed that oversight by the Securities and Exchange Commission (SEC)…
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KOLEOSO MAKES HISTORY, SMASHES 100 MILLION YOUTUBE VIEWS
Iteledicon’s blockbuster just rewrote Nollywood record books Nollywood actor and producer Yekini Ibrahim, better known as Iteledicon, is celebrating a historic moment after his movie “Koleoso” crossed 100 million views on YouTube, a first for any Nollywood or African film released as a single title. Sharing the news on Instagram, an excited Ibrahim called the…
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GROUPS SOUND ALARM OVER SPIKE IN SEXUAL VIOLENCE IN GOMBE
Advocates push tougher prosecutions as fresh data shows worrying trend Civil society groups in Gombe are raising the red flag over a steady rise in sexual and gender-based violence (SGBV), warning that weak prosecution and light sentencing are failing to deter offenders. The Wildan Care Foundation (WCF) and the Advocacy Centre for Development (AC4D) sounded…
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RESERVED SEATS FOR WOMEN: SANI PUSHES CONSTITUTIONAL FIX TO CLOSE GENDER GAP
Kaduna governor says Nigeria’s democracy is losing out by sidelining women Kaduna State Governor Uba Sani has thrown his weight behind a proposed constitutional amendment that would reserve legislative seats for women, arguing that Nigeria’s politics does not reflect women’s population strength or voting power. Speaking at the North-West zonal launch of the Reserved Seats…

