Deposit Money Banks are battling dollar shortage after the Central Bank of Nigeria slashed their foreign exchange allocations, The PUNCH has learnt. Multiple bank officials told one of our correspondents they have been unable to meet their customers’ forex demand for school fees,…

The Federal Government on Tuesday applied to withdraw the charge of illegal possession of firearms filed against the suspended governor of the Central Bank of Nigeria, Godwin Emefiele. Director of Public Prosecutions at the Federal Ministry of Justice Mohammed  Bakodo Abubakar who approached the…

Some female students of the Faculty of Law, University of Calabar, Cross River State, have protested against the emergence of the Dean of the faculty, Prof. Cyril Ndifon. In a viral video making rounds on Twitter, the students were seen holding placards with…

A Nigerian Air Force MI-171 Helicopter on a casualty evacuation mission crashed on Monday near Chukuba Village in Niger State. NAF spokesman, Edward Gabkwet, confirmed the accident in a statement. The accident happened at about 1pm and the number of persons onboard or…

The Nigerian National Petroleum Company (NNPC) Limited says it has no plan to raise the pump price per litre of Premium Motor Spirit also known as petrol. In a terse statement on Monday night, the Company urged Nigerians to disregard speculations of a…

More support came yesterday for the actions taken by the Economic Community of West African States (ECOWAS) so far on the military coup in Niger Republic. The United States urged the sub-regional body led by President Bola Ahmed Tinubu, not to put its…

The Nigeria Labour Congress on Monday warned that its members will commence a nationwide strike without any formal notice if marketers increased the pump price of petrol without concluding the ongoing negotiations. The NLC President, Joe Ajaero, admonished the Federal Government to stop…

The Nigerian Army said it would begin a campaign for traffic compliance amongst its officers as no fewer than five yet-to-be-identified soldiers attacked an official of the Lagos State Traffic Management Agency on Monday. A 31-second viral video showed the soldiers with scarves…

Yet to be identified soldiers, in the early hours of today, August 14, pounced on one of the Lagos State Traffic Management Authority, LASTMA, officers, at the Ojota area of the state, beating him to stupor in what appears to be a reprisal…