In a move to increase transparency and efficiency in Nigeria’s foreign exchange market, the Central Bank of Nigeria (CBN) has announced the introduction of the Electronic Foreign Exchange Matching System (EFEMS), set to launch on December 1, 2024. This innovative system aims to improve governance, promote a market-driven exchange rate, and make transactions more accessible…
Over 800 people across Africa have died from mpox, the African Union’s Disease Control Center said Thursday, warning the epidemic “was not under control.” Some 34,297 cases have been recorded across the continent since January, the AU’s Centers for Disease Control and Prevention (Africa CDC) said, adding that the figure included 38 cases in Ghana….
Engr. (Chief) Kehinde Olayinka Akinola has been appointed Chairman of the Governing Council of the Maritime Academy of Nigeria. In his acceptance speech, Akinola expressed gratitude to President Bola Ahmed Tinubu for the appointment and plans to boost maritime education. In his acceptance speech, Akinola pledged to collaborate with council members, staff, and students to…
The Honourable Minister of Marine and Blue Economy, Alhaji Adegboyega Oyetola, has inaugurated the Governing Board of the Maritime Academy of Nigeria (MAN), Oron. The newly appointed board members were chosen for their individual accomplishments and capacity to advance maritime education in Nigeria [2). In his inaugural speech, Oyetola emphasized MAN’s vision to equip youths…
The U.S. government has provided significant support, including 50,000 Mpox vaccine doses to the DRC and 10,000 doses to Nigeria, along with $10 million in funding to battle the deadly disease. President Biden recently pledged an additional 1 million vaccine doses and $500 million to support mpox response across Africa. Despite these efforts, challenges persist,…
The RevolutionNow movement, led by Sunday Oguntola of the National Students, Take It Back Movement, students’ wing, has vowed to continue its daily protests against bad governance and economic hardship in Nigeria. The group, donning identical orange caps, marched from Freedom Park to Olaiya flyover, singing solidarity songs, despite initial resistance from police authorities. Oguntola…
Nigeria marks its 64th Independence Day today, but the celebrations are overshadowed by protests against high living and energy costs. Thousands of citizens gathered in Lagos, the nation’s economic capital, to express their dissatisfaction with the current state of affairs. #FearlessInOctober protests is a continuation of the #EndBadGovernance demonstrations that occurred from August 1 to…
A comprehensive global analysis has revealed a startling rise in childhood myopia, or short-sightedness, with one in three children now affected. Researchers blame increased screen time and decreased outdoor activities, exacerbated by Covid-19 lockdowns. The study, published in the British Journal of Ophthalmology, analyzed data from over five million children across 50 countries. Findings show…
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) is set to launch its Strategic Action Plan for 2024-2028, marking the beginning of a new five-year roadmap. This plan follows the successful implementation of the 2019-2023 plan, and its launch is expected to be attended by notable figures, including Senator George Akume, representing President…
President Bola Tinubu is set to address the nation on Tuesday, October 1, 2024, at 7 a.m. in a nationwide broadcast to commemorate Nigeria’s 64th Independence anniversary. The broadcast is part of the government’s efforts to celebrate this significant milestone. This information was made contained in a press statement released on Monday and signed by…
