NewsReports

President Bola Tinubu has approved the appointment of new Chief Executive Officers, CEOs, of several agencies and parastatals under the Federal Ministry of Industry, Trade and Investment. A statement issued by the Special Adviser to the President on Media and Publicity, Ajuri Ngelale, said the appointments were in line with his resolve to base Nigeria’s economic revival on the foundation …

• Presidency: Why Olukoyede is qualified to be anti-graft agency boss• HURIWA, Arewa youths slam Tinubu over ethnicity, tribalism in appointment• Idoko: Olukoyede cleared of allegations in Bawa’s probe by Salami panel Controversies, yesterday, trailed President Bola Tinubu’s appointment of Olanipekun Olukoyede as Chairman of the Economic and Financial Crimes Commission (EFCC). The president tapped Olukoyede to serve as the EFCC substantive chairman …

President Bola Tinubu has pulled the Federal Capital Territory Administration, FCTA, out of the Treasury Single Account, TSA, effectively paving way for the Nyesom Wike-led FCTA to utilize the territory’s Internally Generated Revenue IGR for the development of the nation’s capital. At a news conference Friday in Abuja, Wike also disclosed that the President has approved the creation of the …

The Central Bank of Nigeria has finally lifted the foreign exchange restrictions it placed on importers of 43 items eight years ago, The PUNCH reports. In a statement signed by CBN’s Director of Corporate Communications, Dr. Isa AbdulMumin, the bank said this is a significant change to the foreign exchange market policy. According to the central bank, this action will …

By Eben Enasco . Days after scores of people lost their lives on Independence Day as a result of a fuel tanker explosion between ologbo and Koko communities in Edo and Delta states, Nigerians have continued to register their displeasure. The news first trended across media platforms of the tragedy that struck when some persons resorted to scooping petroleum products …

Nigeria’s former Vice President, Prof Yemi Osinbajo has said that with the largest renewable energy potential and critical minerals located in the global South, the global North must collaborate with the South with openness and transparency, rather than merely seeking influence and leadership of the South.  Doing otherwise, he noted, “will waste this crucial opportunity for effective global action for climate, …

Representatives of different religions and philosophies gather by the peace flame in front of the Peace Palace during an evening prayer for peace in The Hague on October 11, 2023, following October 7 surprise attack on Israel launched by Palestinian Hamas militants from Gaza. (Photo by Phil Nijhuis / ANP / AFP) / Netherlands OUT / NETHERLANDS OUT Israeli Prime …

…As abandoned vehicles liter workshops As the Nigerian economy bites harder following policies introduced by the Bola Tinubu administration, automobile mechanics have described the development as “worrisome,” saying they are the worst affected. To them, the subsidy removal, which skyrock-eted the pump price of the premium motor spirit (PMS), popularly known as petrol has forced alot of car owners to …

The Economic and Financial Crimes Commission, EFCC, yesterday, disclosed that following petitions received by the commission, some former governors, former ministers and some ministry officials are under investigation, adding that details of their involvement will soon be made public. Spokesman of the commission, Mr. Dele Oyewale, also disclosed that the EFCC has recovered N27 billion and $19 million in three …

The Benue State Government celebrated the International Day of the Girl Child by appointing a teenager, Rita Shamiga, as the acting governor for one day. The International Day of the Girl Child, celebrated every October 11,  is observed to support more opportunities for girls and increase awareness of gender inequality faced by girls worldwide. The state government, on its X …