FG shuts 18 foreign Universities operating in Nigeria
The Federal Government has banned 18 foreign universities operating in Nigeria, describing them as “degree mills,’’ warning Nigerians to avoid enrolling in them. The directive affected five universities from the United States, six from the United Kingdom, and three Ghanaian tertiary institutions. Also, the Federal Ministry of Education on Tuesday announced the temporary suspension of […]
Nigeria has reaffirmed its commitment to ending gas flaring and focus on natural gas as a transition fuel alongside other renewable energy sources
President Bola Ahmed Tinubu made the declaration at the weekend at the ongoing United Nations Climate Conference (COP28) summit on fossil fuel, financing and other non-greenhouse gases in Dubai, United Arab Emirates (UAE). The President, who shared the platform with the President of COP28, Dr Sultan Ahmed al-Jabar; told the world that Nigeria has already imposed a heavy penalty for defaulters and […]
Nigeria’s Naira weakened across official and unofficial markets as dollar shortages linger on Tuesday and Wednesday on the foreign exchange (FX) market
On Wednesday, Naira fell to N1,150 per dollar, losing 0.43 per cent over N1,145/$1 on Tuesday at the parallel market, also known as the black market. Some street traders bought dollars at N1,145 and sold at N1,150. “There is dollar, but demand is high”, said aboki, a foreign currency trader based in Lagos. At the […]
