Monday, March 31, 2025
A bill seeking to create a new state in the south-east geopolitical zone has passed second reading at the house of representatives. The proposed legislation, which is co-sponsored by three lawmakers from the region — Amobi Ogah (Abia), Miriam Onuoha (Imo), Kama Nkemkama (Ebonyi), Chinwe Nnabuife (Anambra), and Anayo Onwuegbu (Enugu) […]
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says the country is paying for the consequences of the N27 trillion ways and means loan. On May 23, 2023, the senate approved the N22.7 trillion ways and means loan, thereby securitising the debt following a request by former President […]
The Federal Government said its decision to install electronic gates at all the nation’s international airports would help flag unwanted persons or persons of interest from entering Nigeria. Tunji-Ojo stated that the gates would eliminate the inconveniences associated with clearance at the arrival lounge, noting that travellers arriving in the […]
Nigeria’s FX reserve hit $35.05 billion the highest since Tinubu’s administration today according to data from the Central Bank of Nigeria. The last time the reserve reached this height was May 30 2023, a day after the president’s inauguration when it was $35.09 billion and before the unification of the […]
The supreme court has ruled that the federal government should henceforth pay allocations directly to local government councils from the federation account. Delivering judgment in the suit on Thursday, a seven-member panel of justices held that state governments have continued to abuse their powers by retaining and using the funds […]
At the resumed hearing of the case against former CBN governor, Godwin Emefiele at Lagos High Court, presided over by Justice ABDULRAHMAN Oshodi, the EFCC presented Mrs Ifeoma Ogbonnaya, a graduate of Archeology and Tourism and an account officer at Zenith Bank. The witness was asked by Olalekan Ojo (SAN), […]
How has it been as a member of the Red Chamber of the National Assembly? It has so far been good carrying out our legislative duties in the Senate. I belong to several committees. I am the Chairman, Senate Committee on Niger Delta, and I am also the Vice Chairman, […]
AS Nigerians hit the streets to protest hunger, the Minister of Agriculture and Food Security, Sen Abubakar Kyari, Wednesday, disclosed that in 180 days food prices will crash. Kyari stated this on his social media handle, where he unveiled measures that will be implemented over the next 180 days. He said: […]
Paris Saint-Germain is delighted to announce the arrival of Joe Echegini to its women’s team. The Nigerian international striker has signed with the Parisian club until June 2027.🔴🔵 Jennifer Onyi Echegini (JOE) was the best young player in Serie A last season, despite only arriving at Juventus in January. Before […]
Nigeria’s state-owned oil company, the Nigerian National Petroleum Company (NNPC), is considering securing a new $2 billion loan using crude oil pre-payments as collateral, according to findings by BusinessDay. Mele Kyari the group general manager said the company wanted a loan against 30,000-35,000 barrels per day of crude production, but […]