Naira appreciates to N306.95/$ at interbank market

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The local currency, naira appreciated against the dollar at the interbank segment of the foreign exchange market to N306.95 on Thursday from N307 against the dollar it opened this month. Our correspondent gathered that dollar suffered the marginal loss against the local currency towards the end of September amid the[…]

Budget: 85% VAT going to states, LGAs –Fashola

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The Minister of Works and Housing, Babatunde Fashola, has said that 85 per cent of the Value Added Tax to be raised in the 2020 budget will go back to the states and local governments areas to take care of salaries and infrastructure investment. According to him, the remaining 15[…]

BREAKING: Dino Melaye loses at Appeal Court

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The Appeal Court on Friday sacked the Senator representing Kogi West, in Kogi State, Dino Melaye. He said this in a tweet on his official Twitter handle. Melaye said that the court had ordered fresh elections in his senatorial constituency. He went on to call on his supporters to be[…]

Rights violation: Family sues Kebbi govt, DSS

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A family in Kebbi State has sued the state government and the Department of State Services for their alleged arrest and detention for 13 days without trial by the DSS. The complainants – Abdulrahman Jato, Hadiza Jato, Aisha Zakari and a six-month-old baby – who are residents of Yauri town,[…]

Reps to review FG directive on repair of federal roads

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The Chairman, House of Representatives Committee on Federal Road Maintenance Agency, Femi Bamisile, said on Friday that the present financial incapability of the Federal Government to maintain federal roads made the review of the recent directive to state government not to repair the roads imperative. Bamisile, who lamented the deplorable[…]