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Electricity Tariff Hike The Chairman of the Nigeria Electricity Regulatory Commission, Sanusi Garba, stated on Thursday in Abuja that the Federal Government of Nigeria would need to allocate N3.2 trillion in 2024 to undo the recent increase in electricity tariffs. During a stakeholders meeting hosted by the House of Representatives Committee on Power, Garba acknowledged […]
Chairman, RMFAC, Mohammed Bello The Revenue Mobilization Allocation and Fiscal Commission has revealed that a total of N7.3 trillion was deposited into the Federation Account between July and December 2023, indicating an increased revenue flow. The Federation Account Allocation Committee shared the amount, which was remitted to the Central Bank of Nigeria under the title […]
Chief Osita Chidoka A chieftain of the Peoples Democratic Party (PDP) and former Minister of Aviation, Osita Chidoka, has cautioned that poor decisions made at the National Executive Committee (NEC) meeting could significantly impact the party’s future. Scheduled for today (Thursday), the PDP NEC meeting will address key issues, including whether current acting National […]
Governor Yahaya Bello of Kogi State The Economic and Financial Crimes Commission (EFCC) informed the Federal High Court in Abuja on Thursday that it is determined to arrest and prosecute former Governor of Kogi State, Alhaji Yahaya Bello, for his alleged involvement in money laundering. The EFCC stated that it would not hesitate to execute […]
Victor Antai The Niger Delta Development Commission (NDDC) has confirmed the completion and connection of its newly constructed 132/33kv electricity substation in Ode-Erinje, Okitipupa Local Government Area of Ondo State, to the national grid. During an inspection of the project, Victor Antai, the NDDC’s Executive Director of Projects, hailed the substation as a landmark initiative […]
The World Health Organization logo is pictured at the entrance of the WHO building, in Geneva, Switzerland, December 20, 2021. REUTERS/Denis Balibouse/File Photo Purchase Licensing Rights “World’s First: Nigeria Leads with Groundbreaking Men5CV Meningitis Vaccine Rollout, WHO Confirms Nigeria, a Meningitis Hotspot in Africa, Pioneers Revolutionary Vaccine Deployment In a significant stride towards eradicating meningitis, Nigeria […]
National Chairman, APC, Abdullahi Ganduje The APC has inaugurated a seven-member committee tasked with overseeing the screening process for the 16 governorship aspirants who have purchased the N50 million nomination forms for the upcoming primary election in Ondo State. The ceremony, held at the national headquarters of the APC in Abuja on Friday, saw […]
NAFDAC DG, Prof. Mojisola Adeyeye NAFDAC Bans Turkey-Made Dex Luxury Bar Soap, Alerts Public on Counterfeit Indian Injection Powder The National Agency for Food and Drug Administration and Control (NAFDAC) has enforced a ban on the sale of Dex Luxury Bar Soap manufactured in Turkey. This decision comes in response to findings that the soap […]
Junior Pope “Anambra State Police Recover Bodies from Recent Boat Accident as Nollywood Mourns Another Loss The Anambra State Police Command has retrieved the remaining three bodies of victims from the recent tragic boat accident along the River Niger coastline. SP Tochukwu Ikenga, the state police spokesman, underscored the importance of safety awareness among water […]
Late Herbert Wigwe, wife and Abimbola Ogunbanjo. Photo Credit: Google Family of Late Nigerian Exchange Group Chairman Sues US Helicopter Company Over Fatal Crash The family of the late former Chairman of the Nigerian Exchange Group, Abimbola Ogunbanjo, who perished in a Southern California helicopter crash in February, filed a lawsuit on Wednesday against the […]
“He served as a minister under former President Muhammadu Buhari but resigned to vie for the APC presidential primary.” Former Minister of Science and Technology, Ogbonnaya Onu, has passed away at the age of 72. His death was confirmed by Ebonyi State Governor Francis Nwifuru, his Imo State counterpart Hope Uzodimma, and the All Progressives […]
The 37-year-old poverty alleviation minister denied any wrongdoing when she was suspended in January.GETTY IMAGES Nigeria Recovers 30 Billion Naira in Corruption Probe, Over 50 Bank Accounts Traced In an ongoing corruption investigation, Nigeria has reclaimed 30 billion naira ($24 million; £19 million), which was found across more than 50 bank accounts, according to […]
Nigeria’s Central Bank Intensifies Efforts to Boost Foreign Exchange Liquidity, Mandates Banks to Halt Forex-Backed Loans within 90 Days In an ongoing bid to bolster foreign exchange liquidity within the economy, the Central Bank of Nigeria (CBN) issued a new directive on Monday instructing Deposit Money Banks to cease accepting foreign currencies as collateral for […]
Governor Obaseki praised the removal of Mr. Shaibu from office, asserting that the state assembly fulfilled its constitutional duty of ensuring checks and balances. Governor Godwin Obaseki of Edo State has commended the removal of his former deputy, Philip Shaibu, from office, stating that the state House of Assembly fulfilled its constitutional obligation of providing […]
Breaking: Court remands Binance executive in prison custody over money laundering Federal High Court Detains Binance Executive, Tigran Gambaryan, in Kuje Prison Tigran Gambaryan, a top official of Binance Holdings Limited, was remanded in Kuje prison by the Federal High Court sitting in Abuja on Monday. Trial Justice Emeka Nwite ordered his detention after Gambaryan […]
Breaking News: Emefiele Remanded in EFCC Custody for Alleged Abuse of Office A former Governor of the Central Bank of Nigeria, Godwin Emefiele, was remanded in the custody of the Economic and Financial Crimes Commission (EFCC) by a Lagos State Special Offences Court sitting in Ikeja on Monday. This followed his arraignment for alleged abuse […]
Anger flared this week as Nigerians took to the streets to protest a staggering 240% increase in electricity tariffs imposed by the Federal Government. Meanwhile, the Debt Management Office remains under scrutiny as several state governors challenge its debt report, claiming inaccuracies. In another development, the impeachment proceedings against Philip Shaibu, the Deputy Governor of […]
Popular cross-dresser Idris Olanrewaju Okuneye, famously known as Bobrisky, faced arraignment by the Economic and Financial Crimes Commission (EFCC) at the Federal High Court in Lagos. During the proceedings, Bobrisky admitted guilt to the first four counts related to Naira abuse. The EFCC’s counsel, Suleiman Suleiman, requested the court to dismiss counts five and six, […]
Bobrisky, seen here in 2016, has more than five million followers on Instagram Bobrisky, a prominent Nigerian celebrity known as a transgender woman, has been apprehended on accusations of mishandling banknotes. The individual, whose legal name is Idris Okuneye, reportedly engaged in the act of “spraying” banknotes during a film premiere held in Lagos, as […]
Edo State Deputy Governor, Philip Shaibu The seven-member panel, headed by retired Justice S.A. Omonuwa and appointed by Edo State’s Chief Judge, Justice Daniel Okungbowa, opted on Wednesday to proceed with its investigation into allegations of gross misconduct against Deputy Governor Philip Shaibu. Despite objections raised by Shaibu’s counsel, Prof Oladoyin Awoyale (SAN), citing an […]