The planned arraignment of the suspended Governor of the Central Bank of Nigeria CBN, Godwin Emefiele was on Thursday stalled at the Federal Capital Territory High Court, Abuja. Though Emefiele was in Court, the second defendant, Saadat Yaro was absent in Court prompting the arraignment to be shifted till August 23. The prosecution counsel and Director of Public Prosecution of …
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Illicit Financial Flows Threatening Economic Stability, Says Tinubu’s Aide
The Special Adviser to the President on Revenue, Dr. Adelabu Adedeji, has revealed that illicit financial flows if not checked will continue to significantly erode domestic revenues, enable corruption, and threaten economic stability and sustainable development. Special Adviser to the President on Revenue, Dr. Adelabu Adedeji He made this known in Abuja on Thursday at a one-day hybrid sensitisation workshop …
Read More »Naira Appreciates As NNPCL boosts forex Supply With $3bn Loan
l Presidency explains disbursement, benefits of loan l NECA lists measures to reduce forex pressures The Naira yesterday recorded significant gain against the dollar in the parallel market and the official Investors and Exporters, I&E window even as the forex market received a major supply boost as the NNPC Limited secured a $3 billion facility from the AfreximBank aimed at stabilising the exchange rate. …
Read More »Holiday Enjoyment Allowance: Lawmakers Play Ostrich As Subsidy Pains Bite Harder
In the fast-paced world of politics, a single misstep can reverberate far beyond its initial utterance. Such was the case when the Senate President, Godswill Akpabio, made a seemingly innocuous statement that set off a firestorm of controversy. Akpabio, on August 7, before the Senate adjourned for a seven-week annual recess, told his colleagues that money had been sent to …
Read More »‘Nigerians Take Too Much Rubbish From Politicians’ — Sanusi Lamido
The former Emir of Kano, Sanusi Lamido Sanusi II, has said Nigerians take too much rubbish from politicians, encouraging the masses not to be intimidated by political leaders. According to Sanusi, if the politicians are not held to account, coming generations might have no country to call theirs. Sanusi, a former Central Bank of Nigeria, CBN, governor, said that most …
Read More »Tinubu Releases Ministerial Portfolios, Assigns FCT To Wike, Labour To Lalong
President Bola Tinubu has assigned portfolios to the ministerial nominees recently cleared for appointment by the Senate of the National Assembly. Appointing the portfolios, President Bola Ahmed Tinubu named former Nyesom Wike as Minister of the Federal Capital Territory (FCT). Other portfolios as released by the President on Wednesday are as follows: Ministers of Defence Mohammed Badaru, Housing and Urban …
Read More »Breaking: Octogenarian Kills Wife Over Sexual Starvation In Benin
…Says he regrets afterwards BY MIKE OSAROGIAGBON Benin City, Edo, Nigeria – An 85-year-old man has allegedly hacked his wife to death for persistently refusing him sexual intercourse in Benin City. Detectives in the homicide section of the Criminal Investigation Department (CID), Edo State Police Command have taken into their custody the suspect and the machete used for the killing. …
Read More »FG Lauds Google’s N1.2b Grant Initiative To Nigeria
Federal Government, yesterday, lauded Google’s N1.2 billion grant initiative to facilitate the one million jobs scheme of the President Bola Tinubu administration. Vice President Kashim Shettima spoke, when he received in audience some executives of Google – a leading global technology company, at the Presidential Villa, Abuja. According to Shettima, the announcement of the grant to support government’s digital jobs …
Read More »Appeal Court Strikes Out Adebutu’s Appeal On Vote Buying
…. described the appeal as belated and an afterthought A special panel of the Court of Appeal sitting in Abuja on Wednesday affirmed the decision of the Ogun State Governorship Election Petition Tribunal, which had earlier struck out all allegations of vote-buying and voter inducement made by the Ogun State chapter of the People’s Democratic Party (PDP) and its guber …
Read More »Survey Ranks Nigeria Second In Global Malnutrition Prevalence
The United States Agency for International Development, on Wednesday, said that a new survey has rated Nigeria as the country with the second-highest malnutrition rate in the world. FILE PHOTO: Malnutrition The Director, USAID Mission, Anne Patterson disclosed this at the Trade Fair for Ready-to-Use Therapeutic Foods and Other Life-Saving Nutrition Commodities in Abuja. Citing the most recent Food Consumption …
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