PZ Cussons Nigeria Plc has announced plans to sell its African subsidiaries in response to significant financial challenges, particularly the 70% devaluation of the naira. The multinational consumer goods company stated that it is considering both partial and full sales to mitigate exposure to currency fluctuations. In its preliminary results for the year ending May […]
Author archives: Gloria
Nigerians Disappointed Over Dangote Refinery Fuel Prices
Nigerians expressed frustration after the first batch of petrol from the Dangote Refinery hit the market, as prices exceeded expectations. Many hoped for a price reduction with local refining, but the Nigerian National Petroleum Company Limited (NNPCL) priced the fuel higher than imported petrol, with prices ranging from N855 to N950 per liter, depending on […]
Nigerians Disappointed Over Dangote Refinery Fuel Prices
Nigerians expressed frustration after the first batch of petrol from the Dangote Refinery hit the market, as prices exceeded expectations. Many hoped for a price reduction with local refining, but the Nigerian National Petroleum Company Limited (NNPCL) priced the fuel higher than imported petrol, with prices ranging from N855 to N950 per liter, depending on […]
Senate Plans Constitutional Amendment to Ensure Local Government Autonomy Implementation
President of the Senate, Godswill Akpabio, has revealed that the Senate will amend the 1999 Constitution to implement the Supreme Court’s ruling on local government autonomy. The court had granted autonomy to all 774 local governments in Nigeria following a lawsuit by the federal government against state governors. Akpabio made this statement during a visit […]
EFCC Intensifies Efforts to Arrest Ex-Kogi Governor Yahaya Bello Amid Immunity Concerns
Fresh drama unfolded on Wednesday as the Economic and Financial Crimes Commission (EFCC) attempted but failed to arrest former Kogi State Governor, Yahaya Bello, at the state government lodge in Abuja, where he was reportedly hiding. Despite surrounding the lodge, the EFCC operatives were unable to apprehend the ex-governor, who had earlier claimed he had […]
Black Market Dollar to Naira Exchange Rate and Updates on Nigeria’s $550M Ubeta Gas Project
Dollar to Naira Exchange Rate in the Black Market – 20th September 2024 As of Thursday, September 19, 2024, the black market exchange rate for the dollar to naira stood at N1655 for buying and N1665 for selling at the Lagos Parallel Market. The rates are provided by Bureau De Change (BDC) operators. It is […]
Former Arsenal Striker Jay Emmanuel-Thomas Arrested for Alleged £600,000 Cannabis Smuggling
Former Arsenal striker Jay Emmanuel-Thomas, 33, has been arrested and charged with smuggling cannabis valued at £600,000 into the UK. The drugs, weighing approximately 60 kilograms, were discovered by UK Border Force officials at Stansted Airport in two suitcases arriving from Bangkok on September 2. Emmanuel-Thomas, currently playing for Greenock Morton, was taken into custody […]
APC Claims Victory in Edo North and Central, Focuses on Edo South in Upcoming Governorship Election
The All Progressives Congress (APC) claims to have secured victories in Edo North and Edo Central senatorial zones ahead of the Saturday governorship election. Nobert Sochukwuma, Senior Special Assistant on Local Government Affairs to APC National Chairman Umar Ganduje, asserted that the remaining challenge lies in Edo South. Sochukwuma dismissed allegations from Governor Godwin Obaseki […]
VP Shettima to Represent Nigeria at 79th UNGA as President Tinubu Focuses on Domestic Issues
President Bola Ahmed Tinubu will not attend the 79th United Nations General Assembly (UNGA) in New York this year. Instead, Vice President Kashim Shettima will lead Nigeria’s delegation, as announced by the President’s Special Adviser on Information and Strategy, Bayo Onanuga. The decision allows President Tinubu to concentrate on pressing domestic issues, including addressing the […]
Canada Reduces International Student Visa Cap and Tightens Work Permit Rules for 2025
Canada is making significant changes to its temporary residence programs to better manage the influx of international students and temporary workers. Starting in 2025, the intake cap for international student study permits will be reduced by 10%, from 485,000 to 437,000. This cap will be maintained for 2026. The government is also implementing stricter eligibility […]