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  Six students from three secondary schools in Nigeria have received Top in the World Outstanding Cambridge Learners awards for the June and November 2023 Cambridge exam series. This was announced by the British Council Nigeria Country Director, Mrs Lucy Pearson, at the British Council Recognition and Outstanding Cambridge Learners Awards ceremony held in Lagos on Thursday evening. The News …

Former Kaduna State Governor Nasir El-Rufai last week sued the state House of Representatives following the lawmakers’ determination to investigate the alleged misuse of N432 billion ($1 billion) in public funds by his administration. In the same week, former Federal Commissioner for Information, Chief Edwin Clark, appealed to President Bola Tinubu to urgently address the escalating political crisis in Rivers …

The Enugu State Command has arrested two suspects for the theft of a rickshaw at Achara Layout. The command spokesperson, DSP Daniel Ndukwe, who made the announcement in a statement on Thursday, July 4, 2024, said the suspects were charged and remanded in custody. “One Friday, Ogbu “m” aged 31 years and Onovo on Sunday, Udochukwu “m” aged 34 years, …

Here are the top 10 stories making headlines across the country. 1. PDP insists Ighodalo as Edo governor candidate despite court ruling The Peoples Democratic Party (PDP) said on Thursday that Asue Ighodalo remains its candidate in the September 21 governorship election in Edo State.Read more 2. NLC condemns further electricity tariff hike, demands cancellation Nigerian Labour Congress (NLC) condemns …

The Court of Appeal, Abuja, on Thursday, stayed judgment in an appeal filed by the Social Democratic Party (SDP) candidate, Muritala Ajaka, and his party challenging the results of the November 11, 2023 governorship election in Kogi State. The Constitutional Court (Court) ruled that Usman Ododo of the All Progressives Congress (APC) was elected governor of the state after sitting …

KuCoin, a leading cryptocurrency exchange, has announced that it will begin collecting a 7.5% Value Added Tax (VAT) on transaction fees for its users in Nigeria. The move follows a recent regulatory update in the country, which prompted KuCoin to introduce VAT. In a statement released on July 3, KuCoin confirmed that the VAT deduction will take effect from July …

Tech startups in Nigeria, Kenya and other African countries saw a massive 57% drop in fundraising in the first half of 2024. Funding analysis firm Africa The Big Deal revealed this in a report released on Thursday. The report revealed that around $780 million will flow into African startups in the first half of 2024. However, the figure is 57% …

Jimoh Ibrahim, a senator representing Ondo South, says a software on his mobile phone, which detects the number of guns around him, detected over 277 guns in the Senate chamber. Ibrahim spoke on the Senate floor on Wednesday, July 3, while contributing to a motion sponsored by Ali Ndume, a senator representing Borno South. Ndume had been addressing the recent …

Investors in the Nigerian equity market lost N133 billion at the end of trading on Thursday. This follows the decline in the prices of stocks such as DAARCOMM, UPDCREDIT, and GUINEAINS among others on the trading floor today. After five hours of trading in the capital market, equity capitalization plunged to N56.6 trillion from N56.7 trillion posted by the exchange …

The naira continued its depreciation against the US dollar on Thursday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the local currency fell by N8 to trade at N1,520/$1 on the official exchange today. This is higher than the N1,512/$1 it was trading at on Wednesday. The intraday high and low prices recorded during the day were …