archive2020

  The Senate has called on the Federal Government, to as a matter of urgency, reconstruct and rebuild infrastructure destroyed by hoodlums during the #EndSARS protest in Lagos and Calabar. The upper chamber gave the charge during plenary on Tuesday, following consideration of two separate motions brought to the floor...

The Coalition of Northern Groups (CNG) has reacted to the detention of Senator Ali Ndume and objected to what it called ’biased and dubious legality under the law as well as in practice’. The Coalition described the remand of Senator Ndume as dangerous precedent set by the ‘obvious bias’ in...

The Central Bank Nigeria (CBN), rising from its 276th Monetary Policy Committee (MPC) meeting on Tuesday, decided to retain the benchmark interest rate to allow previous cuts to flow through the economy, saying a recession should be over by the end of the year. All 10 members of the monetary...

The Senate on Tuesday received a request from President Muhammadu Buhari to confirm the Chairman of the Independent National Electoral Commission (INEC), Professor Mahmood Yakubu, for a second and final term in office. The request was contained in a letter dated 21st October, 2020, and read on the floor by...

The Director of Media and Public Affairs to Ooni’s palace, Moses Olafare on Tuesday reacted to the two fake pictures of the newborn prince. Olafare disclosed in a statement that the viral pictures are misrepresenting the newly born heir to the throne of the Ooni. Olafare stated that the picture...

  …confirms Code of Conduct Bureau nominees The Senate on Tuesday approved President Muhammadu Buhari’s request for a refund of N148,141,969,161.24 to Rivers, Bayelsa, Cross River, Osun and Ondo State Governments for projects executed on behalf of the Federal Government. The approval was sequel to the consideration of a report...

The Independent National Electoral Commission (INEC) in Lagos State says a total of 1,168,790 voters will be participating in the Dec. 5 rescheduled Lagos East bye-elections. The Resident Electoral Commissioner of INEC, Sam Olumekun told the News Agency of Nigeria (NAN) in Lagos on Tuesday said that the voters were...

The Economic and Financial Crimes Commission (EFCC) has restated its resolve to wield the big stick against tax evaders, noting that tax evasion is a financial crime that falls within the purview of the Commission. The Head, Kaduna Zonal of the EFCC, Sanusi Abdullahi made the disclosure on Tuesday, November...

 The Senate on Tuesday mandated the committees yet to submit reports on budget defence for MDAs to do so on or before Nov. 27 to the Committee on Appropriation for harmonisation. It disclosed that 22 committees were yet to meet the Nov.18 deadline earlier slated for the submission of reports....

  The Central Bank Governor, Mr Godwin Emefiele, is to present the banking industry’s scorecard for 2020 at the 55th Annual Bankers Dinner organised by the Chartered Institute of Bankers of Nigeria (CIBN), on Nov. 27. Emefiele is also expected to provide economic insight into 2021 monetary policy and regulatory...