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Senator Nwoye Condemns Gunmen Attacks on Anambra Vigilantes, Calls for Peaceful Resolution

The senator denounced the attack by unidentified gunmen on vigilante groups in Ukpo, Dunukofia Local Government Area, and Abatete, Idemmili North Local Government Area, Anambra State, calling it "utterly senseless." Senator Tony Nwoye, representing Anambra North Senatorial District, has condemned the recent attacks by gunmen on vigilante groups in Anambra…

Naira Depreciation Costs Nigerian Manufacturers N792 Billion as Forex, Infrastructure Issues Deepen Challenges

Reflecting Nigeria's ongoing economic hurdles, George Onafowokan, chairman of the Ogun State chapter of the Manufacturers Association of Nigeria (MAN), revealed that 16 major manufacturing companies have collectively incurred losses of N792 billion due to the naira's sharp depreciation. Onafowokan attributed this loss primarily to the government’s decision to float…

WTO Sets Special Meeting to Confirm Ngozi Okonjo-Iweala as Sole Candidate for Second Term as Director-General

The World Trade Organization (WTO) has announced a special General Council meeting set for November 28-29, 2024, to proceed with the selection of the next Director-General. In a statement, the Council Chair, Ambassador Petter Ølberg of Norway, explained that this meeting follows the recent announcement that no candidates emerged by…

Seplat Energy Announces Naira Exchange Rate for Q3 Dividends, Highlights Transformative Impact of Mobil Nigeria Acquisition

Seplat Energy Plc has announced the exchange rate for determining its third-quarter 2024 dividend payout for shareholders who opt to receive payments in naira. According to a corporate disclosure accessed by *The Whistler*, the applicable rate will be N1,681.42 per $1, based on the NAFEM closing rate as of November…