Jumoke Salako

Foreign Firms Print Sixty-Five Percent of Nigerian Banknotes -CBN

Foreign Firms Print Sixty-Five Percent of Nigerian Banknotes -CBN

Foreign printers produce nearly two-thirds of Nigeria’s physical currency. A fresh Central Bank report reveals that overseas contractors handled sixty-five percent of approved banknote production. Local printing facilities simply cannot meet national demand for cash. Printing domestic money abroad drains scarce foreign reserves while exposing national currency security to outside risks. The Nigerian Security Printing…

Read More
JAMB Clears 5,000 Complaints After Registrar Resumes

JAMB Clears 5,000 Complaints As Registrar Resumes

Newly appointed JAMB Registrar Segun Aina relocated his desk into the agency’s complaint unit. The direct move cleared over 5,000 backlogged candidate grievances within five days. Bureaucratic sluggishness usually cripples public service delivery across state agencies. Sitting beside frustrated desk officers forces immediate administrative focus on operational failure points. Candidates pay mandatory fees. Executive presence…

Read More
Typhoon Dolphin Hits Okinawa, China Prepares for Landfall

Typhoon Dolphin Hits Okinawa, China Prepares for Landfall

Typhoon Dolphin battered Japan’s southern Okinawa prefecture on Saturday, unleashing destructive winds and torrential rain before heading toward eastern China. The Japan Meteorological Agency reported peak gusts exceeding 180 kilometres per hour, knocking out power to thousands of homes and grounding regional flights. Local authorities urged over 100,000 residents across low-lying coastal zones to seek…

Read More
Telcos to Commit $76bn in Five-Year CapEx

Telcos to Commit $76bn in Five-Year CapEx

African telecom operators will spend $76bn on network hardware over five years. Industry lobby group GSMA expects capital expenditure to peak before 2030. Heavy private spending must boost coverage and service quality across the continent. Mobile networks currently contribute $240bn to African economic output annually. Capital investments drive regional digital expansion. Big corporate bets face…

Read More
Detained Nigerian Travellers Released From Mauritius Airport

Detained Nigerian Travellers Released From Mauritius Airport

A group of young Nigerian women held at Sir Seewoosagur Ramgoolam International Airport in Mauritius since July 31 have regained their freedom. The Nigerians in Diaspora Commission confirmed their release on Monday, stating the travellers are currently returning to Nairobi. Public outrage erupted online after video footage showing their airport detention went viral across social…

Read More
Petrol Hits N1,400 as Global Crude Rallies

Petrol Hits N1,400 as Global Crude Rallies

Nigerian motorists and commuters are facing a severe cost-of-living squeeze as retail petrol prices climbed to fourteen hundred naira per litre across major cities. The surge follows a sharp rally in global benchmark crude prices driven by escalating conflict in the Middle East. Rising international oil prices forced domestic refiners and private importers to hike…

Read More
IMF Urges Nigeria to Enhance Data Transparency, Productivity

IMF Urges Nigeria to Enhance Data Transparency, Productivity

The International Monetary Fund has urged African governments to overhaul statistical gathering and boost productivity. IMF directors warned that poor data transparency damages investor confidence and delays essential structural reforms. The fund highlighted Nigeria alongside regional peers as needing immediate improvements in national economic reporting. Accurate economic indicators remain vital for managing public debt and…

Read More
NCAA Threatens Royal Air Maroc with Fresh Sanctions

NCAA Threatens Royal Air Maroc with Fresh Sanctions

Foreign airlines operating in Nigeria frequently treat regulatory compliance as optional. The Nigeria Civil Aviation Authority has threatened Royal Air Maroc with punitive sanctions following repeated regulatory defiance. Director of Public Affairs Michael Achimugu confirmed the regulator’s stance in a recent statement. The Moroccan flag carrier continues to ignore official directives regarding passenger mistreatment and…

Read More