Filling Stations Slash Petrol Pump Price As Naira Appreciates to 7-Month High Against US Dollar
Some filling stations have decided to adjust their petrol pump prices downwards amid the appreciation of the naira against the US dollar.
This development could potentially lead to reduced transportation costs and alleviate inflationary pressures on households.
The Nigerian currency is currentl...
Educate me, how do I know the band I am on. I am obviously not on band A, because we hardly have light for 2 hours daily here. Is there a code or website for checking one's band category?
In light of the recent tragic incidents of drowning in State, the Lagos State Government is issuing an urgent advisory to all public facilities, including beaches and swimming pools, to adhere strictly to the Lagos State Swimming Pool Regulations of 2021. This measure is to ensure the safety of all residents and visitors engaging in aquatic activities.
The Director General, Safety Commission,Mr...
Members of staff of the Central Bank of Nigeria (CBN) have disclosed they are living in constant fear over the ongoing sacking since the appointment of Dr Olayemi Cardoso as the Governor.
The CBN workers who spoke with Daily Trust said no department can be spared in the continued sacking ravaging the apex bank.
The country's apex bank staff said this in reaction to disengagement of another 5...
Across the world, various countries enjoy a multitude of public holidays, each reflecting their cultural, religious, and historical diversity.
Public holidays, also known as national holidays, are specific days in a year set aside by law for non-working purposes.
These days commemorate significant historical events, religious observances, or adhere to a particular calendar system.
However...
MINISTRY OF INTERIOR
PRESS STATEMENT
The Federal Government has approved Thursday 11th April, 2024 as an additional public holiday to celebrate this year's Eid -El-Fitr.
The Honourable Minister of Interior, Dr Olubunmi Tunji Ojo, while congratulating the muslim Ummah for a successful completion of a month of spiritual rejuvenation, reiterates President Bola Ahmed Tinubu's (GCFR) firm comm...
Achina Community in Aguata Local Government Area of Anambra State may not be blessed with vast land mass like its neighbors, but that is the least of the worries of members of the community.
A major challenge also contributing to the shrinking of the inadequate land space, is the menace of erosion, which has eaten deep into the people’s lands, vacated homesteads, and separated families from the...
The Federal Government has declared Tuesday and Wednesday, April 9 and 10, 2024, as public holidays to mark the Eid-el-Fitr celebration.
The Minister of Interior, Olubunmi Tunji-Ojo, disclosed this in a statement on Sunday by the ministry’s permanent secretary, Aishetu Ndayako.
The minister congratulated all Muslims for the successful completion of the fasting in the holy month of Ramadan....
The Central Bank of Nigeria (CBN) has continued with the disengagement of staff in furtherance of its ongoing restructuring as it sacked a fresh batch of 40 staff mostly from the development finance department (DFD).
Because the sack letters were released late Friday, details of those affected are sketchy but our reporter learnt that Musa Zgabawa Bulus, an Assistant Director of the CBN, heading...
The Nigerian Navy said its men have arrested 14 persons for their alleged involvement in illegal oil bunkering in the Elem Krakama community in Degema Local Government Area of Rivers State.
Also, the Navy said an illegal oil refining site with a capacity to produce over 9.6 million litres of Automotive Gas Oil popularity called diesel per day was uncovered.
The Navy added that in an operatio...
Sell-offs in the shares of Tier-one banks on Thursday contributed to a 0.32 per cent decline in the Nigerian Exchange Ltd. (NGX) market indices.
Specifically, losses in the share prices of FBN Holdings, Access Corporation, Guaranty Trust Holding Company (GTCO), Zenith Bank and StanbicIBTC Bank, among others, dragged down the market performance.
Consequently, investors saw a decrease of N190...
A strong earthquake rattled New York City and the surrounding area Friday morning.
It happened at approximately 10:20 a.m.
The quake - which the USGS has said was either 4.7 or 4.8 - was centered near Whitehouse Station, New Jersey, 40 miles west of New York City, according to the U.S. Geological Survey.
So far, there have been no reports of damage.
The impact was felt throughout the T...
Tinubu Government Raises Electricity Tariff For Nigerians From N66 To N225 Kilowatt Per Hour
The President Bola Tinubu-led Nigerian government has approved N225 ($0.15) per kilowatt-hour tariff increment for Band A electricity consumers in the country.
The Vice Chairman of the Nigerian Electricity Regulatory Commission (NERC), Musliu Oseni, who made this known at a press briefing in Abuja on...
Following the approval of a 300 per cent electricity tariff hike by the Nigerian Electricity Regulatory Commission on Wednesday, DAILY POST outlines what Nigerians should know about the hike.
Recall that NERC approved 225 per Kilowatt for ‘Band A’ electricity customers in Nigeria.
The development represents a significant shift from electricity subsidy in the Nigeria Electricity Supply Indust...