NewsReports

The President-elect Asiwaju Bola Ahmed Tinubu has identified the pending plans to remove petroleum subsidy and end the multiple foreign currency exchange rates as issues that will pose the initial challenge to the in-coming administration. The President-elect noted this while speaking at the public lecture and Jumat Prayer at the National Mosque in Abuja as part of the 2023 Presidential …

Upon leaving office tomorrow, President Muhammadu Buhari, Vice President Yemi Osinbajo and ministers, among others, would go home with billions of naira as severance package. The development happening in a struggling economy has sparked outcry. The funds represent their total disengagement benefits as prescribed by the Revenue Mobilisation and Fiscal Allocation Commission, RMAFAC. Meanwhile,  wife of the President, Aisha Buhari, …

Vice President, Yemi Osinbajo, former Head of State General Yakubu Gowon, wife of the President-elect, Oluremi Tinubu, are at the presidential inauguration interdenominational church service holding at the National Christian Centre, Abuja. Also present at the church service are the Secretary to the Government of the Federation, Mr. Boss Mustapha, Senator-elect Godswill Akpabio, among other dignitaries. It is one of …

Some Yoruba Nation agitators, on Sunday morning, seized Radio Nigeria, Amuludun FM 99.1 in Ibadan, the Oyo State capital, taking over broadcast for more than one hour. A source told The PUNCH Metro that the agitators, who besieged the station around 5:40 am in an 18-seater bus, were armed with dangerous weapons and charms, threatening to deal decisively with any staff member …

• Buhari Says Nigeria’s Diversity Is Strength, Tasks Incoming Govt On Inclusivity• Kenyatta To Tinubu: Be A Rallying Point For National Unity• Akinwumi Seeks Economic Policies That’ll Move Nation Forward• ‘Incoming President Must Rise Above Party Lines, Remove Fuel Subsidy’• India Sends Special Delegation For Inauguration President-elect, Asiwaju Bola Ahmed Tinubu yesterday, underscored the significance of democracy, stating that it …

President Muhammadu Buhari has apologised for some economic policies of his administration that caused suffering to Nigerians. Mr Buhari gave the apology in a farewell speech delivered Sunday morning. “We made some difficult choices,” the Nigerian leader said before apologising for some of the negative impacts of the policies. While he noted that most of the tough choices “yielded the desired results,” …

…approve extension of implementation of supplementary budget to December 31, 2023 …as SDP Rep. defects to APC The federal government has now been legally empowered to request up to 15 percent Ways and Means loans from the Central Bank of Nigeria (CBN). The was made possible by the upward review of the government access to the loans via the expedited …

Regular Counterterrorism Dialogue between the United States of America and the European Union was held in Brussels on Thursday May 25, 2023. According to a joint statement, the United States and the European Union discussed their shared priorities in the global fight against terrorism and their assessment of the threat landscape around the world, including in the Middle East, Afghanistan, …

Austin, Texas (AP) — Texas’ Republican-led House of Representatives impeached state Attorney General Ken Paxton on Saturday on articles including bribery and abuse of public trust, a sudden, historic rebuke of a GOP official who rose to be a star of the conservative legal movement despite years of scandal and alleged crimes. Impeachment triggers Paxton’s immediate suspension from office pending …

Washington (AP) — President Joe Biden and House Speaker Kevin McCarthy reached an “agreement in principle” to raise the nation’s legal debt ceiling late Saturday as they raced to strike a deal to limit federal spending and avert a potentially disastrous U.S. default. However, the agreement risks angering both Democratic and Republican sides with the concessions made to compromise. Negotiators …