The Central Bank of Nigeria (CBN) has introduced two new account types— the Non-Resident Nigerian Ordinary Account (NRNOA) and the Non-Resident Nigerian Investment Account (NRNIA)—designed to attract diaspora investments and remittances, thereby boosting foreign capital inflows into the country.   The NRNOA allows Nigerians living abroad to remit foreign earnings to Nigeria and manage funds in both foreign and local currencies. In contrast, the NRNIA enables them to invest in Nigerian…

The management of Christ Mitots Nursery and Primary School, Ikorodu, Lagos has shit down the school following the outcry that greeted the assault on a pupil of the school by a teacher.This is just as the Lagos State government has invoked the Child Rights Act and its policy on Safeguarding and Child Protection against the teacher alleged to have assaulted the pupil.In a statement by the spokesperson.of the Ministry of…

NYSC denies claims of issuing queries to 200 Oyo corps members, clarifying allegations about a Christmas carol are false and baseless. The organization clarified that the accusations are baseless and unrelated to religious activities. Recent reports, particularly from some online platforms, claimed that the corps members serving in Atiba Local Government Area were penalized for not attending a Christmas carol held on December 20, 2024. However, NYSC spokesperson Eddy Megwa…

Labour opens door to scrapping free prescriptions for over-60s The government has left the door open to ending free prescriptions for people over 60, as part of efforts to raise additional funds for the NHS. Ministers have not ruled out a future change that could see the qualifying age increased to align with the state pension age of 66. Critics have accused the government of targeting older people through cuts…

A devastating attack by suspected bandits has left 21 people dead and several others missing in Baure village, Safana Local Government Area of Katsina State. The village, notorious for being a bandits’ den, witnessed a rampage by the hoodlums on Tuesday, with the attackers visiting house to house, leaving a trail of death and destruction in their wake. According to eyewitnesses, about 15 people died on the spot, while others…

Ogun State Governor, Dapo Abiodun, has announced plans to expand the Ogun Teach initiative by increasing the number of interns from 4,000 to 6,000.  The governor said the move was aimed at addressing the gap in the student-to-teacher ratio across the state. He disclosed this at his Oke-Mosan office while receiving the management team of Teach For All and Teach For Nigeria, who were in the state for their retreat. …

Edo State Governor, Monday Okpebholo, has assured 167 medical graduates of Ambrose Alli University (AAU), Ekpoma, that his administration will resolve the issues delaying their induction into the medical profession.   The governor addressed the 2015 set of medical students during a stopover at the institution’s gate on his way from Irrua. The students, who graduated in August 2024 after spending 10 years in medical school, had been protesting the delay…

The Minister of State for Labour and Employment, Nkeiruka Onyejeocha, has revealed that the new minimum wage will be reviewed in less than two years. Speaking in Umuahia, Abia State capital, on Thursday, she made this announcement after meeting with labour leaders in the state. Onyejeocha assured that President Bola Tinubu is committed to fulfilling his promise to Nigerian workers by ensuring a review of the minimum wage within three…

The victims of the tragic stampede that occurred during a Christmas rice distribution in Okija, Ihiala Local Government Area of Anambra State, have been laid to rest. The incident, which took place on December 21, 2024, claimed the lives of at least 21 people, primarily women and children, during a palliative distribution organised by Chief Ernest Azudialu Obiejesi through his Obijackson Foundation. An inter-denominational burial service was held on Friday…

Raheem Okoya, son of billionaire businessman Chief Razaq Okoya, has issued a public apology to Nigerians following his involvement in a viral video that showed the abuse of naira notes. The video, which also featured his brother Wahab and an unidentified police officer, has sparked outrage across the country and led to the detention of the officer. In a statement shared on Friday via X (formerly Twitter), Raheem expressed regret,…

Oyo State Governor, Seyi Makinde, has issued a stern warning to individuals engaging in land grabbing and unlawful cattle grazing within the state. The Governor announced that anyone forcibly encroaching on land or property will now face the full force of the law, as stipulated under the Rule of Law Enforcement Authority and the newly established Anti-Land Grabbing Agency. Makinde, who was represented by his Deputy, Adebayo Lawal, made this…

The Federal Fire Service (FFS) has revealed that Nigeria suffered the loss of 100 lives and property worth a staggering N67.1 billion due to fire outbreaks in 2024. However, the service also highlighted its significant success in mitigating the damage, saving 30,890 lives and property valued at N1.94 trillion. The Controller General of the Federal Fire Service, Abdulganiyu Jaji, made these disclosures during a press briefing held in Abuja on…