politics

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“Government Resumes Cash Transfers to Alleviate Hardship: 12 Million Nigerians to Benefit” 2 / 2

During a retreat held by the Ministry of Finance in Uyo, Akwa Ibom state on Wednesday, Minister Wale Edun announced President Bola Tinubu’s administration’s decision to reintroduce direct cash transfers aimed at aiding 12 million Nigerians amidst the prevailing hardship in the country. Originally designed to assist 3 million citizens, the project’s scope has been […]

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“Cement Manufacturers Slash Prices in Agreement””Federal Government and Cement Manufacturers Strike Price Reduction Deal at Abuja Meeting”

  File photo combo of bags of cement Nigerian Cement Manufacturers Commit to Price Reduction, With Federal Government Intervention Cement manufacturers in Nigeria have pledged to lower the price of their product, targeting a range between N7,000 and N8,000 per 50kg bag, varying by location nationwide. This agreement, struck between the manufacturers and the Federal […]

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“Central Bank of Nigeria Restricts Foreign Oil Firms from Repatriating 100% FX Proceeds Instantaneously”The central bank announced that international oil companies are permitted to repatriate 50% of their proceeds initially, with the remaining half available for repatriation after a 90-day period.

The Central Bank of Nigeria (CBN) has implemented new regulations preventing international oil companies from transferring 100% of their foreign exchange proceeds to their parent companies overseas in a single transaction. Instead, the apex bank has directed that these companies can initially repatriate 50% of their proceeds, with the remaining half available for repatriation after […]

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“N3.5 Billion Scandal: Peter Obi Calls for Investigation into Labour Party Campaign Funds”

  Peter Obi Labour Party Presidential Candidate, Peter Obi, Urges Probe into Alleged Financial Misconduct Peter Obi, the presidential candidate of the Labour Party (LP), has called for a comprehensive investigation into the accusations of financial impropriety directed at the National Chairman of the Party, Comrade Julius Abure. Obi made this appeal during a media […]

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Following the passing of Wigwe: Access Holdings Names Agbede as Interim CEO.The appointment hinges on approval from the Central Bank of Nigeria.”

A photo combination of Bolaji Agbede (left) and Herbert Wigwe. Access Holdings Plc has named Bolaji Agbede as the Acting Group Chief Executive Officer in the wake of Herbert Wigwe’s passing. Wigwe, who previously held the position of Group Chief Executive Officer, tragically lost his life in a helicopter accident in the US over the […]

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12 Newly Elected Representatives Sworn In

Twelve Fresh Representatives Take Oaths of Office in the House of Representatives Following their triumphs in the recent parliamentary re-run elections, twelve newly elected members from diverse federal constituencies have officially assumed their duties in the House of Representatives. The swearing-in ceremony, overseen by Speaker Abbas Tajudeen, saw the attendance of twelve out of the […]

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Potential Trouble Looms for Former Kogi Governor, Yahaya Bello

Governor Yahaya Bello Signs of Trouble Ahead for Former Kogi Governor Yahaya Bello Recent developments suggest that Yahaya Bello, the immediate past governor of Kogi State, may be facing challenges from influential figures within the All Progressives Congress (APC), just weeks after leaving office. Sources reveal dissatisfaction within the party regarding Bello’s past decisions and […]

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Bola Tinubu Refutes Allegations of Contemplating Relocation of Nigeria’s Capital from Abuja to Lagos

Nigeria’s President, Bola Tinubu, has refuted any intentions to relocate the country’s capital from Abuja to Lagos, dismissing such rumors as baseless and attributing them to political opponents. The speculation gained momentum before Tinubu assumed office in May and intensified following the announcement of the relocation of the airports agency and a central bank department […]

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Akeredolu’s Burial Scheduled for February 23, Announces Family

Rotimi Akeredolu. Photo/faceboo/rotimiaketi The family of the late Rotimi Akeredolu, former Governor of Ondo State, has announced that his burial is scheduled for February 23. The details were released in a burial arrangement by Mr. Oluwarotimi Akeredolu, the deceased’s eldest son, in Ondo on Monday. Rotimi Akeredolu passed away on December 27, 2023, at a […]

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High-Level Diplomatic Encounter: Blinken and Tinubu Confer at Aso Rock Summit

“Antony Blinken, U.S. Secretary of State, Engages in High-Level Talks with President Bola Tinubu in Abuja The United States Secretary of State, Antony Blinken, commenced a crucial diplomatic meeting with President Bola Tinubu at the Presidential Villa in Abuja. Blinken’s arrival at the State House, around 6:50 pm, was marked by a warm reception at […]

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More than 90% of Ibadan explosion victims released, confirms Governor Makinde.

Oyo State Governor Seyi Makinde has reported that over 90% of the victims affected by the explosion in the Adeyi area of Old Bodija in Ibadan have been discharged. The incident on Dejo Oyelese Street claimed five lives, and ongoing investigations are being conducted. The governor expressed gratitude to residents for their cooperation with security […]

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Armed Assailants Request N20 Million Ransom Following Abduction of Travelers on Benin-Ore Expressway

A distressing incident unfolded in the Ofosu area along the Benin-Ore Expressway, where Safiu Kareem raised an alarm regarding the abduction of his father, Akeem Kareem, along with several other individuals whose identities remain unknown. The perpetrators, who seized the victims on Wednesday afternoon, have reportedly initiated ransom demands. Safiu shared that his father and […]

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Cardoso Set to Chair Inaugural MPC Meeting at CBN in February

The declaration comes after a two-day strategic gathering of the Monetary Policy Committee (MPC) members, gearing up for the upcoming February meeting Photo illustration of CBN Governor, Yemi Cardoso, and CBN logo The Central Bank of Nigeria (CBN) has announced that its Monetary Policy Committee (MPC) is set to convene its inaugural meeting under the […]

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Honoring the Sacrifice of Our Past Heroes on Armed Forces Remembrance Day

Commemorating Armed Forces Remembrance Day: A Reflection on Sacrifices, Commitment, and Future Endeavors Every year on January 15, the nation observes the Armed Forces Celebration and Remembrance Day, a solemn occasion dedicated to honoring fallen heroes and acknowledging the ongoing commitment of those in active service. This poignant day serves as a platform for the […]

Issues News Politics

BREAKING: Tinubu Trims Foreign Trip Entourage to 20 Officials

  President Bola Tinubu has taken decisive steps to curb expenses by implementing a 60% reduction in official entourages during both local and international travels. The announcement was made by the Special Adviser to the President on Media and Publicity, Ajuri Ngelale, during a briefing at the Presidential Villa in Abuja on Tuesday. Ngelale explained […]

Issues News Politics

Nigeria’s President Takes Action: Humanitarian Minister Suspended Amidst Corruption Allegations

Betta Edu and her predecessor face scrutiny over questionable financial transactions within the Ministry of Humanitarian Affairs.   Nigeria’s president took swift action on Monday, suspending the Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, due to the use of a private bank account for financial transactions related to the government’s social welfare program. […]

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Babalola encourages Tinubu to tackle the escalating issues of poverty, insecurity, and other pressing concerns.

Former Kwara State governorship aspirant, Engineer Sunday Adebayo Babalola. A former gubernatorial aspirant in Kwara State, Engineer Sunday Adebayo Babalola, has called upon President Bola Tinubu’s administration to address the escalating challenges of poverty and food insecurity in Nigeria. In a conversation with journalists in Lagos on Wednesday, Babalola urged President Tinubu to implement effective […]

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Adeleke Announces the Removal of Curfew in Osun Communities

Osun State Governor, Ademola Adeleke Osun State Governor, Ademola Adeleke, has instructed the removal of the curfew imposed on Irepodun and Orolu Local Government Areas starting from Wednesday. The decision, announced by the Commissioner for Information and Public Enlightenment, Mr. Kolapo Alimi, in Osogbo on Tuesday, follows a reassessment of the situation. Adeleke had implemented […]

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“Exploring Seven Key Climate Challenges and Noteworthy Developments Unveiled at the COP28 Summit in Dubai”

President Bola Tinubu (third right), flanked by world leaders on the sideline on the COP28 Climate Summit in Dubai. The COP28 climate summit in Dubai witnessed a series of groundbreaking announcements aimed at addressing global warming, spearheaded by the host nation, the United Arab Emirates. Amidst the urgency of what is anticipated to be the […]

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Assessing Akeredolu’s Governance Aptitude: Concerns Raised by Ondo Residents

File image of Governor Rotimi Akeredolu The indigenes of Ondo State home and abroad have charged the state’s Chief Justice, Honourable Justice Ayedun Olusegun Odusola to enforce the law of the land to compel the Ondo State EXCO to act in line with Section 189 of the 1999 Constitution to request that the Speaker of […]