A new bill aimed at banning the use of foreign currencies, including the US Dollar and British Pound Sterling, for domestic transactions in Nigeria has passed its first reading in the Senate. The bill, titled “A Bill for an Act to Alter the Central Bank of Nigeria Act, 2007, No. 7, […]

The Transmission Company of Nigeria (TCN), Port Harcourt Region, has announced the restoration of electricity to most parts of Bayelsa following a four-month blackout. The region covers Abia, Akwa Ibom, Bayelsa, Cross River, Imo, and Rivers states. The General Manager of TCN’s Port Harcourt Region, Emmanuel Anyaegbulem, made this known […]

The Edo State House of Assembly, Tuesday, suspended all the Chairmen and Vice Chairmen of the 18 Local Government Councils over allegation of ‘misappropriation of funds’. The decision to suspend the local council administrators was taken during the plenary, after a heated debate by the various lawmakers representing the local […]

The Edo State Governor, Senator Monday Okpebholo has approved the dissolution of all Commissions in Edo State Public Service with immediate effect. The news of the dissolution was contained in a statement on Tuesday morning signed by the Secretary to the State Government, Barr. Umar Musa Ikhilor. He listed the […]

The significant increase in Value Added Tax (VAT) collections in Q3’24 compared with the previous quarter partly mirrors the impact of the naira’s depreciation as well as the persistently high cost of living in the country, analysts at CSL Research have said. The analysts stated this in a report which focused […]

Out of the N5.718 trillion distributable Value Added Tax (VAT) revenue shared by the Federation Accounts Allocation Committee (FAAC) between January and November 2024, three states and the FCT earned N4.183 trillion as their share, leaving the remaining 33 states to share the remaining N1.534 trillion. Based on the current […]

More than 200 suspects who were linked with the terrorism activities in different parts of the country have been convicted by the Federal High Courts (FHC) in the country after they were found guilty of the offences, Daily Trust reports. Some of the suspects, according to the National Counter-Terrorism Centre […]

A former Kano State governor, Ibrahim Shekarau, has said that Nigerians should not be bothered about zones but should place priority on credibility ahead of the 2027 presidential election. The debates about power returning to the northern part of the country in 2027 have been going on for a while […]

The ongoing construction of the federal government’s multi-billion Naira “Renewed Hope” Bio-Methanol Pilot Plant in Akpugo, Enugu State, has been halted by the Chairmen of Nkanu West and Nkanu East Local Governments, Mr. John Ogbodo and Mr. Sidney Edeh, respectively. Reports indicate that the two council leaders, accompanied by police […]

The People’s Democratic Party (PDP) has denied reports that it invited former President Goodluck Jonathan to join the 2027 presidential race on its platform. Deputy National Publicity Secretary of the PDP, Ibrahim Abdullahi, denied the reports in an interview with BBC Hausa, saying the party did not issue its presidential […]