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CBN acting Governor, Shonubi explains why Naira has been fallingwhy Naira has been falling

The acting governor of the Central Bank of Nigeria (CBN), Folashodun Shonubi, on Thursday, attributed the continuous of fall of Naira against dollar to present unofficial diaspora remittances. Shonubi stated this at the National Institute for Security Studies, Abuja where he delivered Distinguished Personality lecture titled: “Diaspora Remittances and Nigeria …

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Petrol pump price may jump to N750/litre — IPMAN

The pump price of the Premium Motor Spirit (PMS) may yet increase to about N750 per litre, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has hinted. This is even as the association urged the government to initiate policies that would save the naira from further depreciation. The association’s national …

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Tribunal sacks popular rep member over certificate forgery

The national and state house of assembly elections petition tribunal in Kano has sacked Muktar Yarima, candidate of the New Nigeria Peoples Party (NNPP), as a member representing Tarauni federal constituency. In a judgement delivered on Thursday, the three-member tribunal ruled that the primary school certificate submitted by Yarima to …

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