Former Vice President, Atiku Abubakar, has kicked against the recent directive by President Bola Tinubu for the Central Bank of Nigeria (CBN) to take over the responsibility for crude oil sales from Nigerian National Petroleum Company Limited (NNPCL), describing it Read more…
Month: February 2024
Amid the ongoing debate on what should be the right minimum wage that will be commensurate with the prevailing harsh economic realities the Nigerian workers currently grapple with in the country, former Anambra State governor, Peter Obi, has relayed how the free fall Read more…
The Economic and Financial Crimes Commission (EFCC) has clarified a statement made by its chairman, Ola Olukoyede, that a religious sect was laundering money for terrorists, saying the group referred to was neither a church or mosque in particular. The Read more…
Gunmen, on Thursday evening, invaded Koro town in Ekiti Local Government Area of Kwara State, killing the traditional ruler, Oba Segun Aremu-Cole. It was gathered that the gunmen stormed the palace of the monarch around 7 pm, fired gunshots which Read more…
A Houthi anti-ship cruise missile fired into the Red Sea came within a mile of a US Navy destroyer on Tuesday, a report said, close enough that the American warship turned to its close-in weapons system — a last line Read more…
Ukrainian President Vladimir Zelensky has been unable to fire the nation’s top general, Valery Zaluzhny, because both replacements under consideration refused the job, the tabloid Bild reported on Thursday. A host of Western and Ukrainian media previously claimed, citing anonymous Read more…
Minister of Aviation and Aerospace Development, Festus Keyamo, recently disclosed that the Economic and Financial Crimes Commission (EFCC) is currently investigating the former minister, Hadi Sirika, in connection with the controversial Nigeria Air deal. The Nigeria Air project, unveiled just Read more…
Federal Capital Territory (FCT) Minister, Barrister Nyesom Wike, has assured that President Bola Tinubu will commission Abuja light rail on May 29. Wike stated this on Wednesday during a tour of some ongoing projects in Abuja with a promise to Read more…
The President of the Court of Appeal, Hon. Justice Monica Dongban-Mensem, has established special panels aimed at clearing the backlog of pending appeals before the court. Presiding over one of the panels on Tuesday in Abuja, Justice Dongban-Mensem welcomed counsel Read more…
A Rivers State High Court sitting in Port Harcourt, yesterday, restrained the police from arresting Chief of Staff to the Rivers Government House, Edison Ehie, the immediate past factional Speaker of the Rivers State House of Assembly. On the same Read more…
In a move to further boost liquidity in the foreign exchange market, the Central Bank of Nigeria, CBN, has ordered banks to limit the Net Open Position, NOP, of their foreign currency assets and liabilities to 20 per cent of Read more…
U.S. officials are revising their preliminary findings on what happened to two Navy SEALs who died during a mission to board an unflagged ship that was carrying illicit Iranian-made weapons to Yemen. Based on further review and interviews with personnel Read more…