NewsReports

The Central Bank of Nigeria (CBN) has dismissed reports suggesting that the old N200, N500, and N1,000 banknotes will cease to be legal tender on December 31, 2024. In an official statement issued on October 24, 2024, and signed by Sidi Ali Hakama, the Acting Director of Corporate Communications, the CBN clarified that these claims are false and aimed at …

The Senate will start the screening of the seven Nigerians who were nominated for appointment as ministers by President Bola Tinubu next Wednesday. Senate President Godswill Akpabio, yesterday read Tinubu’s letter which requested the Red Chamber to consider the nominees for necessary screening and confirmation. The ministerial nominees for Senate’s consideration and approval are: Dr Nentawe Yilwatda (Humanitarian Affairs and …

He said the meeting was convene to bring all the organs together and chart a new course for the party first to win the upcoming governorship election in Ondo State as well as rescuing Nigeria from APC’s misrule in 2027. “We would resist, with all our strength and capacity, any attempt to convert Nigeria into one-party state. “We’ll make sure …

Vice President Kashim Shettima’s trip to Samoa to represent Nigeria at the 2024 Commonwealth Heads Of Government Summit has been cancelled after a foreign object hit his plane during a stopover at JFK Airport in New York, the presidency said Thursday night. A statement by the Special Adviser to the President on Information & Strategy, Bayo Onanuga, said the foreign …

As part of measures to cut the cost of governance, President Bola Tinubu has restricted ministers and heads of agencies of the Federal Government to a maximum of three vehicles in their official convoys. He has directed that no additional vehicles will be assigned to them for movement. The cost-cutting measure was announced in a statement signed by the president …

NSIB investigates helicopter crash The Eastwind Aviation helicopter that crashed into Bonny River, in Rivers State, yesterday, has claimed the lives of its eight occupants. The helicopter, carrying eight persons, six passengers and two crew members, crashed from Port Harcourt Military base to FPSO NUIM ANTAN (offshore Calabar). Rivers State Police Command said all eight persons aboard the helicopter that …

President Bola Tinubu has sacked six Ministers from his cabinet and also forwarded to the National Assembly seven ministerial nominees to take over from the vacant positions.  President Tinubu also appointed Shehu Dikko as Chairman of the National Sports Commission and he will take charge of the activities and programmes of the defunct Ministry of Sports Development. The President appointed …

President Bola Tinubu, on Wednesday, nominated Bianca Odumegu-Ojukwu, Nentawe Yilwatda and five others as Ministers awaiting Senate confirmation. The President also re-assigned 10 ministers to new ministerial portfolios and appointed seven new ministers for Senate confirmation. Tinubu nominated Bianca Odumegu-Ojukwu as the Minister of State Foreign Affairs, while Nentawe Yilwatda as the Minister of Humanitarian Affairs and Poverty Reduction, officially …

* Presides over FEC meeting  * Swears in Bello as new CCB Chair  President Bola Tinubu has scrapped Niger Delta Ministry and the Ministry of Sports Development.  The Special Adviser to the President on Information and Strategy, Bayo Onanuga, in his verified X page on Tuesday, stated that there will now be a ministry of regional development to oversee all …

The Federal Government, on Wednesday, withdrew the money laundering charge filed against the detained Binance Holdings Limited’s executive, Tigran Gambaryan, due to his ill health and diplomatic intervention.  The News Agency of Nigeria (NAN) reports that Gambaryan was the 2nd defendant in the charge preferred against the cryptocurrency platform (1st defendant) by the Economic and Financial Crimes Commission (EFCC). EFCC’s …