Samsung Chairman Kim expressed the company’s interest in expanding its presence in Nigeria. President Bola Tinubu emphasized Nigeria’s commitment to a fair and open investment environment based on the principle of ‘willing-buyer and willing-seller,’ ensuring investors have smooth access to capital from both domestic and international sources. The president provided this assurance during a meeting […]
Politics
politics
VAT revenue increased from N347 billion to N549 billion under Tinubu’s administration, according to FAAC report.
President Bola Tinubu Between October 2023 and March 2024, the government’s revenue from Value Added Tax (VAT) rose by 58%, according to an investigation. This information is based on financial reports from the Federation Account Allocation Committee (FAAC) during the specified period. In a statement on November 22, 2023, from the Ministry of Finance’s […]
The Federal Government has announced that the NCAA will audit all local airlines. This decision comes after Dana Airlines was suspended when one of its planes skidded off the runway at Lagos airport.
Photo illustration of Aviation Minister, Festus Keyamo, and an airport The Federal Government has announced that the Nigerian Civil Aviation Authority (NCAA) will conduct a thorough audit of all local airlines across the country. Aviation and Aerospace Development Minister Festus Keyamo revealed this during an interview on Channels Television’s “Politics Today” on Thursday. He emphasized […]
“Court Orders Arrest of Former NILS Director General for Ignoring ICPC Summons”
Prof. Ladi Hamalai A Federal High Court in Apo, Abuja, has issued an arrest warrant for Professor Ladi Hamalai, former Director General of the National Institute for Legislative and Democratic Studies. This decision stems from Hamalai’s repeated failure to appear in a corruption case brought against her by the Independent Corrupt Practices and Other Related […]
“Lukman: Kwankwaso’s Presidential Ambitions in NNPP Unlikely”
Salihu Lukman, a former National Vice Chairman of the All Progressives Congress (APC), has dismissed Rabiu Kwankwaso’s presidential aspirations as a ‘mirage.’ Kwankwaso, the former governor of Kano and 2023 presidential candidate of the New Nigeria People’s Party (NNPP), lacks the nationwide support necessary for a successful bid for the presidency, Lukman stated in an […]
President Bola Tinubu calls for significant reforms in Nigeria’s justice sector.
President Bola Tinubu President Bola Tinubu has called for reforms to help Nigerians benefit more fully from the justice sector. Tinubu made these remarks on Wednesday in Abuja at the opening of the two-day National Summit on Justice 2024, hosted by the Federal Ministry of Justice in partnership with the European Union, International IDEA, UNICEF, […]
Nigeria Air: Former Aviation Minister Sirika Arrested by EFCC for N8bn Fraud
Hadi Sirika The Economic and Financial Crimes Commission (EFCC) has arrested Hadi Sirika, former Minister of Aviation under President Muhammadu Buhari’s administration, in connection with an ongoing N8 billion money laundering investigation related to Nigeria Air. Sirika arrived at the EFCC’s Federal Capital Territory Command around 1:00 pm on Tuesday. He is currently under questioning […]
“Banks Withholding N530bn of CBN Funds; Cardoso May Order Refund in Emefiele’s Social Programmes”
Ex-CBN Governor Godwin Emefiele Approximately N531.4 billion in Central Bank of Nigeria intervention funds remains unused within the accounts of nine deposit money banks, according to findings . The situation follows the suspension of all CBN intervention funds by the current governor of the apex bank, Olayemi Cardoso. Upon taking office, Cardoso ceased all development […]
“APC Labels Anti-Ganduje ‘Ward Excos’ as Impostors”
APC National Chairman, Ganduje The Executive Committee members of the All Progressives Congress (APC) in Ganduje Ward of Dawakin Tofa local government area in Kano state have labeled as impostors the individuals who announced the “suspension” of APC National Chairman Dr. Abdullahi Umar Ganduje on Sunday. According to the party, after an unsuccessful attempt to […]
“President Tinubu to Inaugurate African Counter-Terrorism Summit in Abuja”
President Bola Tinubu will kick off the African Counter-Terrorism Summit in Abuja on Monday, April 22. Supported by the United Nations Office of Counter-Terrorism (UNOCT), Nigeria is hosting a high-level summit themed “Strengthening Regional Cooperation and Institution Building to Address the Evolving Threat of Terrorism” from April 22 to April 23. The summit aims to […]
“First Bank Names New Managing Director and CEO”
First Bank First Bank of Nigeria has appointed Olusegun Alebiosu as its acting managing director. Alebiosu has served as the bank’s executive director and chief risk officer since 2022 and has been with the bank for nearly 30 years. His extensive experience includes credit marketing, trade, corporate and commercial banking, and credit risk management. He […]
Musicians support EFCC, endorse ban on spraying naira
Some musicians have expressed support for the recent enforcement by the Economic and Financial Crimes Commission (EFCC) to ban the abuse of the Naira. While the ban on spraying money at parties was initially perceived as potentially affecting musicians, several artists, including Wasiu Alabi (Pasuma), Saheed Osupa, and Adewale Ayuba, see it as a positive […]
Ribadu accuses Tinubu of strategically appointing Northerners to key positions.
National Security Adviser Malam Nuhu Ribadu stated that President Bola Tinubu deliberately appointed northerners to key positions to address challenges in the region. Ribadu made this statement during a lecture on “Navigating The Maze: Addressing Multi-Dimensional Insecurity Challenges In Northern Nigeria” at Usmanu Danfordiyo University, Sokoto’s combined convocation. Ribadu emphasized that the North […]
N7.3tn Remitted to Federation Account in Six Months – RMAFC
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 […]
“Osita Chidoka Warns PDP NEC Meeting Decisions Could Endanger Party’s Future”
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 […]
“Ex-Gov Bello Skips Court Appearance as EFCC Considers Military Aid for Arrest”
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 […]
“NDDC Links Sub-Station to Provide Power to Five Local Government Areas in Ondo”
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 […]
“WHO Commends Nigeria as First to Deploy Latest Meningitis Vaccine”
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 […]
Ganduje Missing as APC Inaugurates Screening Panel for Ondo Governorship
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 […]
“Former Minister Ogbonnaya Onu Passes Away”
“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 […]