The Central Bank of Nigeria (CBN) has approved the inclusion of the CFA franc on Nigeria’s export proceeds (NXP) form, enabling Nigerian exporters to repatriate proceeds from transactions conducted in the currency. Nonye Ayeni, executive director of the Nigeria Export Promotion Council (NEPC), announced the development on Friday while addressing the media on the…
I’ve been recommending “The Alabama Solution” to everyone I meet since I landed at the Sundance Film Festival last week — but only under my breath. That’s because Andrew Jarecki and Charlotte Kaufman’s bombshell investigation of the Alabama prison system, which premiered here Tuesday, was screened in advance for press under strict embargo. Understandable, once…
A major rift has emerged between Nigerian telecom workers and the Nigeria Labour Congress (NLC) over the recently approved 50% increase in telecom tariffs, with the industry union rejecting the NLC’s planned nationwide protest and warning of a looming crisis in the telecom sector. The Private Telecommunications and Communications Senior Staff Association of Nigeria (PTECSSAN),…
Ousmane Touré, the United Nations Office on Drugs and Crime (UNODC) country representative for Nigeria, has revealed that drug trafficking generates an estimated $400 billion annually for criminal networks operating in the Sahel and Lake Chad Basin regions. Touré disclosed this during a panel session on curbing illicit drug trafficking and drug abuse to…
Veteran Nollywood actor Chiwetalu Agu has warned that marriage is not a do or die affair and has also advised couples with abusive partners to run for their lives. Chiwetalu Agu who shared the counsel in a video post shared on Instagram said that if one discovers that he or she is not happy in…
