Naira Slides Further Against Dollar

LAGOS NOVEMBER 11TH (NEWSRANGERS)-Nigeria’s currency, the Naira, slumped further against the US Dollar in the foreign exchange markets on Thursday. Data from the official FMDQ market indicated that the Naira closed on Wednesday at 996.75 Naira per US Dollar, reflecting a decrease of 122.01 Naira from the previous day when it traded at 874.71 Naira…

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Court Aborts NLC, TUC Proposed Strike

LAGOS NOVEMBER 11TH (NEWSRANGERS)-The National Industrial Court has restrained the Nigeria Labour Congress, Trade Union Congress  as well as their affiliates from embarking on any strike or industrial action. The unions had after an extraordinary National Executive Council meeting on Tuesday in Abuja declared a total nationwide strike from November 14, 2023. The unions took…

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No Electronic Collation Of Results In Imo, Kogi, Bayelsa Gov’ship Election-INEC

LAGOS NOVEMBER 9TH (NEWSRANGERS)-The Independent National Electoral Commission has insisted that electronic collation of results is illegal in Nigeria. The commission said this against the backdrop of expectations that the results of Saturday’s off-cycle governorship elections in Imo, Kogi, and Bayelsa states would be transmitted electronically. The Chief Press Secretary to the INEC chairman, Rotimi…

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Nigeria’s Ex-Central Bank Gov Released On Bail After Five Months In Jail

LAGOS NOVEMBER 9TH (NEWSRANGERS)-Nigeria’s former central bank governor was freed on bail after spending the past five months in prison. A court in the capital, Abuja, released Godwin Emefiele on Wednesday, his lawyer Johnson Usman said by phone. The court ordered Emefiele to surrender his travel documents, Lagos-based newspaper Punch reported. Emefiele, 62, has been…

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FG N2.17trn Supplementary Budget Is Insensitive To Suffering Of Nigerians-Peter Obi

LAGOS NOVEMBER 9TH (NEWSRANGERS)-A day after President Bola Tinubu signed into law the N2.17trn supplementary budget, the presidential candidate of the Labour Party, Peter Obi, has accused the Federal Government of being uncaring and insensitive to the suffering Nigerians. Tinubu had on Wednesday assented to the Supplementary Appropriation Act in Abuja to strengthen Nigeria’s security…

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