NewsReports

• NIIA DG calls for conceptualisation of federalism that works for Nigerian diversity• Sanwo-Olu, Abiodun laud The Guardian at 40   President Bola Tinubu has promised to devolve more powers to the state and local governments as part of the campaign promises enunciated in his “Renewed Hope Agenda.”To achieve this, he said he would soon ask the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) to …

•We must address banks capital adequacy to grow economy – Tinubu’s adviser •Investors inject N110bn in UBA, FBNH, Zenith, Access, other stocks in two days Presidency on Tuesday expressed support for the banking sector consolidation initiative of the Central Bank of Nigeria, saying it would help the country to grow the economy to a new height. This came barely five …

A US military Osprey aircraft crashed off the coast of Japan’s Yakushima Island in southern Kagoshima prefecture on Wednesday, with eight people on board, according to a spokesperson from the Japan Coast Guard. An Osprey aircraft takes off from US military port facilities in Naha, Okinawa Prefecture, Japan on March 20, 2023.Kyodo News/Getty Images/FileTokyoCNN —  The Coast Guard received information about …

•Says his administration tackling with boldness, decisiveness manufacturers’ challenges •Highlights access to low-cost capital, multiple taxation, infrastructure issues, FX scarcity, export obstacles, among impediments  President Bola Tinubu told Nigerians yesterday that he was aware of their current pains, but assured that they were only temporary hardships meant to birth permanent gains. Speaking at the opening ceremony of the 2023 National …

Nigerians kick as Court grants ex-CBN governor, Godwin Emefiele 300m bail While alleging that the actions of the security agencies are a direct affront to the rule of law and amount to disregarding the Order of a competent Court of Law, the petitioner argued that the embattled former CBN Governor is now facing persecution and not prosecution. Abah therefore urged …

The Ondo State House of Assembly has warned against violating the resolutions of President Bola Tinubu’s meeting with the members of the House and other stakeholders over the lingering political crisis in the state. The House held its first plenary session on Tuesday after last Friday’s meeting with Tinubu in Abuja. At the end of Tuesday’s plenary, the Speaker of …

•Revises exchange rate to N750/$, oil benchmark now $77.96  •Okays $1bn AfDB concessionary loan • Oyedele-led tax reforms committee briefs FEC •Council approves Nigeria’s draft human rights report to the UN •Tinubu presents 2024 appropriation bill to N’Assembly tomorrow  •Abbas: We’ll give Nigerians avenue to participate in budget process The Federal Executive Council (FEC) yesterday, rose from its weekly meeting …

Amid controversies trailing judgments of various courts handling election disputes, the Chief Justice of Nigeria, CJN, Justice Olukayode Ariwoola, yesterday, said that public sentiments, and emotions cannot replace the law. “The law remains the law, no matter whose interest is involved. In all we do, as interpreters of the law, we should endeavour to sever the strings of emotion from …

…as Speaker Abbas unveils plans to hold Budget Town Hall meeting President Bola Tinubu is expected to lay the N26 trillion budget estimates for 2024 fiscal year on Wednesday, November 29. In line with legislative practice, the budget estimates is to be laid before the joint session of the National Assembly. President Tinubu is expected to be accompanied by some …

TEL AVIV, Israel — A truce between Israel and Hamas entered its fifth day on Tuesday, with the militant group promising to release more civilian hostages to delay the expected resumption of the war and Israel under growing pressure to spare Palestinian civilians when the fighting resumes. The sides agreed to extend their truce through Wednesday, with another two planned exchanges of …