A new economic review by Quartus Economics has called on the Central Bank of Nigeria (CBN) to introduce higher-value currency notes such as N10,000 and N20,000 to restore the naira’s portability and reduce the rising cost of cash transactions. The report, titled “Is Africa’s Eagle Stuck or Soaring Back to Life?” warned that the continued…
The General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, says he will hold a special prayer for unmarried youths, waiting mothers, and their families. Adeboye made this known in a statement issued by the Special Assistant to the General Overseer, Administration, RCCG, Pastor Oladele Balogun, in Lagos on Thursday. He…
The Federal Government has approved ₦758 billion in bonds to offset long-standing pension liabilities, including pension increases owed since 2007. The Director-General of the National Pension Commission, Omolola Oloworaran, disclosed this on Thursday in Yola at a two-day sensitisation workshop on the workings of the Contributory Pension Scheme for Employees and Pensioners in the North-East….
President Bola Tinubu has decorated the newly appointed service chiefs with their new ranks. The short ceremony took place in the Council Chamber of the Presidential Villa, Abuja. The new Chief of Defence Staff, (formerly Lieutenant General) Olufemi Oluyede, was decorated with the new rank of General. The new Chief of Army Staff, (formerly Major…
Details have begun to emerge about the identities of at least 16 of an unknown number of Nigerian military officers currently being detained over an alleged coup plot. According to sources familiar with the matter, who spoke to PREMIUM TIMES, fourteen of the 16 are from the Nigerian Army, while the remaining two belong to…
A primary school head teacher in Orumba South Local Government Area of Anambra State has been suspended indefinitely for permitting a political rally within the school premises. The state Commissioner for Education, Prof. Ngozi Chuma-Udeh, announced the suspension in a statement issued on Wednesday in Awka. The News Agency of Nigeria reports that the Anambra…
The Civil Defence, Correctional, Fire and Immigration Services Board (CDCFIB) has released the names of candidates shortlisted for the computer-based test (CBT) for the paramilitary agencies’ recruitment. This is contained in a statement by the secretary to the board, retired Maj.-Gen. Abdulmalik Jubril, on Wednesday in Abuja. The agencies are the Nigerian Correctional Service, the…
Fresh clashes have erupted between fighters of Boko Haram’s Jama’atu Ahlis Sunna Lidda’awati wal-Jihad (JAS) faction and the Islamic State West Africa Province (ISWAP), following the collapse of a short-lived truce between the rival terrorist groups. Zagazola Makama, a counter insurgency reporter, the long-standing rivalry between the Bakoura-led Jama’atu Ahlis Sunna Lidda’awati wal-Jihad (JAS) faction…
A tense encounter unfolded at the National Assembly on Wednesday as officials of the Joint Admissions and Matriculation Board walked out of a session convened by the House of Representatives Committee on Basic Education and Examination Bodies. The Committee, led by Bayelsa lawmaker, Oboku Oforji, had summoned the examination body to account for its 2023–2024…
The Lagos State Police Command has apprehended three police inspectors accused of brutally assaulting a 22-year-old man, identified as Jacob Sunday, leaving him in a coma. The incident, it was gathered occurred at the 22 PMF Barracks in Ogudu on Tuesday evening. According to reports obtained, the officers, Inspector John Alom of 63 PMF Ikorodu,…