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Following the  death of Queen Elizabeth II on Thursday, September 8, the Bank of England has said its banknotes featuring the image of the monarch remained legal tender The Statement reads; “Current banknotes featuring the image of Her Majesty The Queen will continue to be legal tender. A further announcement regarding existing Bank of England […]

The death of Queen Elizabeth II marks a monumental and disruptive moment in the history of the nation. For many decades, there has been one consistent face on all over stamps, coins and notes, and her initials adorn postboxes, uniforms and government signage all across the UK. Thus, changing all this will be a huge […]

The Naira, Nigeria’s local currency, is likely to weaken further over time, despite signs of recovery from a record low on Thursday, according to the country’s finance minister. Reports from Bloomberg News indicts that the naira gained 0.0367% to 435.84 on the spot market as of 5:30 p.m. in Lagos on Thursday, following a recovery […]

The Nigerian stock Market closed the day positive as key market indicator inched up by 52.52bps. The NGX All-Share Index inched up by 0.11% to close at 49,652.25 basis points as against 0.09% loss recorded previously to close at 49,599.73 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records N28.33bn […]

Queen Elizabeth II of England has died at the age of 96 on Thursday. The queen was said to have died peacefully. Crowd had gathered at the Buckingham Palace residence in London on Thursday as concern was growing over the Queen’s health. Around 100 people braved torrential rain to stand at the palace gates, according […]

US government has granted the appeal of Nigerian internet fraudster facing trial in the United States of America, Ramon Abbas, popularly known as Hushpuppi as his jail term reduced to 11 years.  Hushpuppi’s jail’s term reduction comes on the heels of his record which was revealed as part of his memorandum countering sentencing recommendations of […]

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has warned that increasing oil theft is forcing its members to lose jobs in Nigeria’s oil servicing industry. This was disclosed by PENGASSAN President, Mr Festus Osifo, who made the call on Wednesday, in Abuja at a news conference heralding its new Advocacy Programme […]

The Federal Executive Council (FEC) has approved the signing of a Bilateral Air Services Agreement (BASA) between Kuwait and Nigeria. This was disclosed by Hadi Sirika, the Aviation minister on Wednesday shortly after the FEC meeting in Abuja. The minister noted that the signing will be done in line with the provisions of the International […]

The Independent National Electoral Commission has said its portal for recruitment of ad-hoc staff for the 2023 general elections would be opened from September 14. According to punch, the commission disclosed this in a letter signed by A.T Yusuf, for the INEC Secretary, on Wednesday. Yusuf said the portal would be closed on December 14, […]

According to the Minister of Aviation, Senator Hadi Sirika, federal government has directed the Nigeria Civil Aviation Authority (NCAA) to sanction international airlines said to be refusing to sell tickets in naira. He announced this on Wednesday while fielding questions after the Federal Executive Council (FEC) meeting presided over by President Muhammadu Buhari at the […]


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