archiveOctober 2021

The World Bank has blacklisted 18 Nigerian individuals and firms for engaging in corrupt practices, fraud and collusive practices in its 2021 fiscal year, a new report has revealed. A list of debarred individuals and firms was presented in a new annual report titled World Bank Group Sanctions System FY21....

  If care is not taken, Nigeria and Nigerians will be going to the U.K. in the future to get information pertaining to their country. “Very soon we will be going to the U.K. to get information pertaining to us,’’ the Minister of Information and Culture, Alhaji Lai Mohammed, warned...

  The Central Bank of Nigeria (CBN) has announced a new financial instrument which it says will support companies to boost local productivity, create wealth and stave off importation responsible for Nigeria’s foreign exchange crisis. The 100 for 100 PPP initiative, explained as Policy on Production and Productivity, will empower...

The Minister of Interior, Rauf Aregbesola, has vowed to recapture all inmates who escaped from the Nigeria Correctional Service Custodial Centre, Abolongo, Oyo, saying the Federal Government has enlisted the service of the Interpol to nab fleeing prisoners. A statement by the minister’s media aide, Sola Fasure, stated that Aregbesola...

President Muhammadu Buhari says the adoption of Central Bank Digital Currency(CBDC) can increase Nigeria’s Gross Domestic Product(GDP) by 29 billion dollars over the next 10 years. Buhari made this submission on Monday while performing the formal Unveiling of Central Bank of Nigeria (CBN) Digital Currency, eNaira at the Presidential Villa,...

Gov. Nyesom Wike of Rivers says the state is not fighting the Federal Government or any of its agencies over collection of Value Added Tax (VAT) as being insinuated in some quarters. Speaking on Sunday in Abuja at a public lecture entitled: “Taxing Powers in a Federal System” to mark...

 Gov. Seyi Makinde of Oyo State has ordered that Closed-Circuit Television (CCTV) cameras be installed in all the correctional facilities in the state.Makinde gave the order on Sunday when he visited the Abolongo Correctional Centre, Oyo, that was attacked on Friday night by unknown gunmen, where majority of the inmates...

  The President, Nigerian Guild of Editors (NGE), Mr Mustapha Isah, has called for insurance cover for journalists in the country to encourage them carry out thier duties effectively. Isah made the call in in an interview with the News Agency of Nigeria (NAN) on Sunday in Abuja. He said...

The Nigerian Air Force (NAF) aircraft under Operation Hadin Kai have continued onslaught on terrorists and insurgents on islands and localities around the Lake Chad. The latest assault has led to the decimation of dozens of terrorists converging in a boat around the area. NAF spokesman, Air Commodore Edward Gabkwet,...

36 House of Assembly Speakers have called on President Muhammadu Buhari to declare bandits as terrorists and enemies of the nation. This was their resolution at a Conference of Speakers of State Houses of Assembly in Katsina on Sunday. The Chairman of the Conference, who is also Bauchi Speaker, Abubakar...