Headlines

Buhari’s Signature Forged To Move $6.2m Out Of CBN

Tuesday, February 13, 2024
Boss Mustapha, Former Secretary to the Government of the Federation, has told the Federal Capital Territory High Court that former president Muhammadu Buhari never approved $6,230,000 as payment for election observers. Mustapha appeared as second prosecution witness on Tuesday against a former Go ...

Tinubu Signs Electricity Act Amendment Bill Into Law

Friday, February 9, 2024
President Bola Tinubu has okayed the Electricity Act (Amendment) Bill, signing into law. The bill, which was passed by the House of Representatives on July 27, 2023, and the Senate on November 14, 2023, was sponsored by Honourable Babajimi Benson, who represents Ikorodu Federal Constituency of La ...

CBN Ban Banks, Fintechs From International Money Transfer Services

Friday, February 2, 2024
The Central Bank of Nigeria (CBN) has banned commercial banks and financial technology companies (fintechs) from international money transfer services. The apex bank announced the new development in the revised guidelines for the operations of IMTOs, which were officially released on January 31, ...

CBN Injects $500m into Forex Market To Clear Backlog 

Monday, January 29, 2024
The Central Bank of Nigeria (CBN) has injected the sum of $500 million into forex market in a move to address the persistent backlog of verified foreign exchange (forex) transactions. This comes barely a week after the bank injected approximately $2 billion to settle outstanding commitments acros ...

Abducted Lagos PDP Chairman Regains Freedom

Monday, January 29, 2024
The Chairman of the Lagos State chapter of the Peoples Democratic Party, Philip Aivoji, who was abducted along the Lagos-Ibadan Expressway, has regained his freedom. Aivoji was released four days after he was abducted by unknown gunmen on Thursday. Aivoji and some other party chieftains were a ...

Niger, Mali and Burkina Faso Military Governments Quit ECOWAS Regional Bloc

Sunday, January 28, 2024
The military leadership in Mali, Burkina Faso, and Niger have announced their immediate withdrawal from the Economic Community of West African States (ECOWAS). The countries rsquo; military regimes announced withdrawal from the regional bloc on Sunday in a joint statement read out on Niger nation ...

Firstbank Decemberissavybe: Asake Kicks Off 2023 Superstar Concerts, Events

Wednesday, December 13, 2023
FirstBank, Nigeria 39;s premier financial institution, is set to ignite the annual DecemberIssaVybe fun time energy with the sponsorship of heavyweight sensational Nigerian singer, Asake 39;s super star musical concerts in Abuja and Lagos. Asake also known as Mr Money, an award-winning singer a ...

Ban Your Ministers From Traveling During Budget Defence— Akpabio Says As Tinubu

Wednesday, November 29, 2023
Senate President Godswill Akpabio urged President Bola Tinubu not to allow his cabinet members travel during the defence of the 2024 budget before the National Assembly. He said this when the president presented N27.5trn budget proposal before a joint session of the National Assembly, on Wednesda ...

Police Debunks Attack, Officers’ Killing In Imo

Saturday, November 18, 2023
The Imo State Police Command has debunked the video claiming that there was an attack and killing of police officers at Emekuku in Owerri North LGA of Imo State on November 17, 2023. In a statement issued in Owerri on Saturday, the Imo State Police Public Relations Officer, ASP Henry Okoye said t ...

NLC, TUC Insist On Nationwide Strike Despite Court Order

Monday, November 13, 2023
The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have insisted on its decision to proceed on November 14 nationwide strike. This is despite a restraining order from the National Industrial Court. It could be recalled that Justice Benedict Bakwaph Kanyip of the court, follow ...
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