The Bloggers and Vloggers, Content Creators Association of Nigeria (BAVCCA) has said it is shocking that Nigeria, a major crude oil-producing nation, finds itself in significant debt, particularly with the Nigerian National Petroleum Company Limited (NNPCL) reportedly owing over $6 billion to global suppliers. BAVCCA in a press conference in Abuja, Mr. Adah Onoja, National […]
Category archives: News
Dollar to Naira Black Market Exchange Rate for 7th September 2024
The dollar to naira exchange rate in the black market (parallel market) for today, 7th September 2024, stands as follows: These rates are based on information from Bureau De Change (BDC) sources. It’s important to note that the Central Bank of Nigeria (CBN) does not recognize these parallel market rates and advises individuals to use […]
Fuel Price Hike: Nigerians In Diaspora Demand Restructuring Of NNPCL’s Debts, Reassessment Of FG’s Monetary Policies
Nigerians in the diaspora, under the umbrella of Nigerian Professionals in Diaspora (NPID), has called for an urgent reassessment of the country’s monetary policies, following the recent hike in fuel prices.In a statement released signed by Dr Obiora Okereke, President and Chief Mrs Bukola Shonekan, Secretary on Thursday, NPID expressed deep concern over the current […]
Fuel Crisis: Review Your Economic Team, Probe NNPCL’s $6 Billion Debt – BAVCCA Urges Tinubu
The Bloggers and Vloggers, Content Creators Association of Nigeria (BAVCCA) has said it is shocking that Nigeria, a major crude oil-producing nation, finds itself in significant debt, particularly with the Nigerian National Petroleum Company Limited (NNPCL) reportedly owing over $6 billion to global suppliers. BAVCCA in a press conference in Abuja … said it is […]
EFCC Arrests 44 Suspected Internet Fraudsters in Kwara
The Economic and Financial Crimes Commission (EFCC) has apprehended 44 individuals suspected of internet fraud in Ilorin, Kwara State. The arrests were made at multiple locations, including Sango, Kulende, Taxaco, and Harmony Estate, following credible intelligence. According to a statement shared on the EFCC’s official X handle, the operation took place on Friday, September 6, […]
NIMC Confirms Smooth Operation of NIN-SIM Linkage System Ahead of Deadline
The National Identity Management Commission (NIMC) has announced that its systems for National Identification Number (NIN) enrolment, verification, authentication, and data modification are functioning smoothly as the September 14, 2024 deadline for the NIN-SIM linkage approaches. According to a statement from Kayode Adegoke, Head of Corporate Communications at NIMC, over 10,000 NIN enrolment centres are […]
FG Announces Sale of Subsidised Rice with NIN Requirement
The Federal Government of Nigeria has initiated the sale of 30,000 metric tonnes of milled rice at a subsidised rate of ₦40,000 per 50kg bag. This initiative aims to alleviate the ongoing food crisis and provide affordable rice to Nigerians. President Bola Tinubu, represented by Minister of Agriculture and Food Security Abubakar Kyari, emphasized that […]
NNPC Ties Dangote Petrol Price to Forex Rates, Awaiting September 15 Start
The Nigerian National Petroleum Company Limited (NNPCL) has announced that it will begin lifting petrol from the $20 billion Dangote Petroleum Refinery on September 15. However, the price of the petrol will be influenced by foreign exchange rates and market forces due to the deregulated nature of the market, as stated by NNPC Executive Vice […]
Fire Tragedy at Kenyan School Claims Lives of 17 Children
A tragic fire at Hillside Endarasha Academy in Nyeri County, Central Kenya, has claimed the lives of at least 17 children, aged between five and twelve. The blaze, which erupted around midnight, engulfed a dormitory where the students were sleeping. National police spokesperson Resila Onyango confirmed the fatalities and noted that 16 other children sustained […]
ICPC Denies Arrest of Chris Ngige Amid Fraud Allegations
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has dismissed reports circulating on social media about the arrest of former Minister of Labour and Employment, Chris Ngige. According to ICPC spokesperson Demola Bakare, Ngige was invited for questioning concerning certain activities from his tenure as minister, not arrested. Bakare clarified that after the […]