archiveJune 2023

Human rights lawyer and social crusader, Inibehe Effiong, has said that the President, Bola Ahmed Tinubu lacks the power to suspend the Governor of the Central Bank of Nigeria, Godwin Emefiele though the later “corrupted the CBN and made nonsense of our exchange rates and forex market. The fiscal and...

A financial expert, Mr. Okechukwu Unegbu, has commended President Bola Tinubu for his choice of Folashodun Shonubi as acting Governor of the Central Bank of Nigeria. The erstwhile CBN governor, Godwin Emefiele, whose suspension was announced on Friday, had been directed to hand over the affairs of his office to...

President Bola Tinubu on Friday evening ordered the suspension of the Central Bank Governor, Godwin Emefiele, from office with immediate effect. The president has also directed that Emefiele hand over to the Deputy Governor (Operations Directorate), Folashodun Adebisi Shonubi. In a statement signed by the director of information at the...

Polaris Bank is pleased to announce the appointment of two new members of its executive leadership team. Chinwe Iloghalu joins the Bank as Executive Director, Lagos and Corporate Banking and Martins Izuogbe joins the Bank as Executive Director, Service and Technology. These appointments are an important landmark in the delivery...

The National University Commission (NUC) has given provisional licences to 37 newly established private universities approved by the Federal Executive Council (FEC) on May 15. The Executive Secretary of NUC, Prof. Abubakar Rasheed, at the presentation of the provisional licences to the universities, said the number of private universities now...

  President Bola Tinubu is currently meeting with Rabiu Kwankwaso, the former governor of Kano state, at the presidential villa in Abuja. Kwankwaso was the presidential candidate of the New Nigeria Peoples Party (NNPP) in the last general election. The NNPP standard bearer arrived at the presidential villa around 5:30pm...

KPMG Nigeria said the economic projection of President Bola Tinubu to increase Nigeria’s Gross Domestic Product (GDP) growth rate by 6 per cent is not feasible. This was disclosed on Friday in KPMG Flashnotes – Issue 8, which defended its statement by noting that Nigeria’s real GDP grew by about...

The West African Examination Council (WAEC) has arrested at least 20 school officials for allegedly aiding and abetting examination malpractice in the ongoing 2023 West African Senior School Certificate Examination (WASSCE). Head of the National Office of the Council, Patrick Areghan, disclosed this in Lagos. Areghan said the culprits were...

  The Nigeria Communication Commission (NCC) has called for exercise of authority as well as control over mining and usage of data to increase value of data and minimise data related costs and risks. The Executive Vice-Chairman (EVC) of NCC, Prof. Umar Danbatta, made the call in his keynote address...

The Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC) have asked the National Industrial Court, Abuja, to set aside its interim order that barred the unions from embarking on their planned strike in protest of the fuel subsidy removal by the Federal Government. The organised labour in a...