Author: Amina Mohammed

The Naira depreciated on Tuesday to N1,600 per dollar in the parallel market, down from N1,590 per dollar last weekend. In contrast, the Naira appreciated to N1,579.22 per dollar in the Nigerian Autonomous Foreign Exchange Market. NAFEM is the trading segment for investors, exporters, and end-users where forex transactions are conducted at exchange rates determined by current market conditions. Data from FMDQ indicated that the indicative exchange rate for NAFEM fell to N1,579.22 per dollar from N1,579.89 per dollar last Friday, marking a 67 kobo gain for the Naira. The volume of dollars traded in the market surged by 41.4…

Following cases of fake certification recently detected by the Joint Admission Matriculation Board (JAMB), examination boards in Kenya and Uganda are now writing Nigeria to verify records presented by Nigerian candidates seeking admissions into tertiary institutions in their respective countries. JAMB made this known in a document ‘Registrar’s Report on 2023 ADMISSION & 2024 UTME Policy Meeting’ document obtained by Channels Television on Wednesday. According to the document, JAMB stressed the need to protect Nigeria’s tertiary institutions from international disrepute, adding that it would not falsify the records of any students. “Uganda and Kenya examination boards are now writing to…

President Bola Tinubu has appointed Mr. Daser David as the new President/Chief Executive Officer of the Digital Bridge Institute. He has also appointed two new executive directors for Nigerian Communications Satellite Limited. The Presidency announced the appointments on Monday in a statement signed by Tinubu’s Special Adviser on Media and Publicity, Ajuri Ngelale, titled ‘President Tinubu Appoints New Chief Executive Officer of Digital Bridge Institute and Executive Directors of NIGCOMSAT.’ David, described by Ngelale as “an academic and industry expert with a deep understanding of digital technologies and educational leadership,” succeeds Prof. Mohammed Ajiya. At NIGCOMSAT, President Tinubu has also…

The Inspector General of Police, Kayode Egbetokun, on Tuesday, said President Bola Tinubu made a significant impact in his life and career. Egbetokun, who said that he met the President in 1998, said his life was transformed within 24 hours of meeting Tinubu. The IG spoke at the unveiling of a book in his honour titled, “Readings in Policing, Peace, and Security” in Abuja. He said, “I thank the Almighty God by whose grace I’m alive today to receive this incredible honour. My life and career are testaments to God’s infinite mercy. It has been God all the way for…

The National Drug Law Enforcement Agency (NDLEA) has explained why the anti-narcotics agency is proposing a drug test for students of tertiary institutions. On Tuesday, NDLEA Director of Media and Advocacy, Femi Babafemi, who spoke on Channels Television’s Morning Brief, said that the agency is treating drugs as a public health issue and not a criminal offence “We’re treating this as a public health issue, not a crime, let me quickly put that in perspective,” he said. According to the NDLEA spokesman, students who test positive for hard drugs should be given the necessary support to thrive on school grounds.…

Paris Saint-Germain are at risk of being banned from the Champions League after Kylian Mbappe reported the club to the French Professional Football League and UEFA over unpaid wages. The French superstar, who left PSG for Real Madrid earlier this year after seven successful years in Paris, claims the club owes him a substantial sum of money from the final year of his contract. According to Le Monde, Mbappe is still owed £46.8 million by PSG, which includes three months of unpaid wages and a £30.6 million signing bonus that should have been paid in February. Additionally, the forward is…

Flutterwave, Africa’s leading payments technology company, has announced today that its online merchants in Nigeria can now accept American Express payments. American Express Card Members – with consumer, business, or corporate cards – will be able to make payments directly to e-commerce businesses using Flutterwave in Nigeria. This service will also be available to Flutterwave merchants in other countries including Tanzania, Rwanda, Ghana and Uganda in the near future. This collaboration facilitates online transactions and offers a range of benefits for both merchants and online shoppers: Flutterwave merchants can attract business from a new customer base of American Express Card…

Barack Obama will hail Kamala Harris as the future of the Democratic Party on Tuesday as she is formally crowned its presidential nominee after a roller-coaster ride in US campaign politics. Former president Obama, still hugely popular and an influential figure in the party, will tell delegates at the Democratic National Convention in Chicago that Harris is the right person to lead the country into an “ambitious future.” Obama’s comments will draw a line under President Joe Biden’s tenure following his stunning departure from his party’s ticket last month. “It’s good to be home in Chicago,” Obama posted on X…

The United States Mission in Nigeria has announced a $27 million aid allocation for Nigeria as part of a larger $536 million humanitarian aid package for Sub-Saharan Africa. This aid is intended to support vulnerable populations and host communities throughout the continent. U.S. Ambassador to Nigeria, Richard Mills, stated, “This assistance will make a real difference in the lives of those most in need in Nigeria and across the continent.” Mills highlighted the U.S.’s ongoing commitment to helping Nigeria address humanitarian challenges such as food insecurity and climate change impacts. The comprehensive aid package, unveiled by Under Secretary of State…

To end banditry in the Tureta Local Government Area and other adjoining villages, the Sokoto State Government has approved the construction of the Tureta-Gidan Kare road to make bandits’ dens more accessible. Governor Ahmed Aliyu revealed this during his visit to Tureta Local Government on Monday as part of his state-wide tour of the 23 local governments of the state. According to him, the road, when completed, will provide security agencies with easy access to the forests that serve as hideouts for bandits in the area. “As a government, we are committed to providing all that is necessary to make…