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Flood Devastates INEC Headquarters in Benin, Damaging CVR Machines

In a distressing turn of events, the Independent National Electoral Commission (INEC) has revealed that its state headquarters in Benin, Edo state, bore the brunt of a ferocious flood unleashed by Friday’s heavy downpour. Sam Olumekun, INEC’s National Commissioner and Chairman of its Information and …

Police Confirm Lightning Strike Tragedy, 2 Women Killed in Lagos

Tragedy struck in the FESTAC area of Lagos State as two women lost their lives after being struck by lightning during a heavy rainstorm. The heartbreaking incident occurred on Friday, as confirmed by SP Benjamin Hundeyin, the Police spokesman in the state. In a post …

Naira Falls to ₦1,495/$ in Parallel Market

Yesterday, the Nigerian Naira experienced mixed fortunes in the foreign exchange markets, with contrasting movements observed in different segments. In the parallel market, the Naira depreciated, reaching N1,495 per dollar compared to N1,470 per dollar recorded on Tuesday. This decline reflects increased demand for foreign …

CBN Mandates Existing BDCs to Reapply for New Licenses

Yesterday, the Central Bank of Nigeria (CBN) issued new operational guidelines for Bureau De Change (BDCs), directing existing operators to reapply for new licenses within a six-month deadline to meet the updated minimum capital requirements. Under the new guidelines, two categories of BDCs, Tier 1 …

Police Rescue Kidnapped Minors in Zamfara After 19-Month Ordeal

In a positive development, the Nigerian Police Force Headquarters announced yesterday that they have successfully rescued two children, Maryam and Nana Asma’u, who were abducted along with their family in 2022. This incident originated in November 2022 when armed bandits attacked the tranquil village of …

Stray Bullet Claims Life of Policeman in Jos

The Federal Government has increased its offer from N54,000 to N57,000 in the ongoing national minimum wage negotiations with organized Labour and the Organized Private Sector (OPS). On Tuesday, the government initially proposed a minimum wage of N54,000. However, after a brief consultation, the government …

Federal Government Raises Minimum Wage Offer to ₦57,000

The Federal Government has increased its offer from N54,000 to N57,000 in the ongoing national minimum wage negotiations with organized Labour and the Organized Private Sector (OPS). On Tuesday, the government initially proposed a minimum wage of N54,000. However, after a brief consultation, the government …