archiveJune 2023

The current Speaker of the House of Representatives, Femi Gbajabiamila, has been chosen to take on the role of Chief of Staff to President Bola Ahmed Tinubu. By this appointment, he has been effectively removed from the upcoming 10th National Assembly. Gbajabiamila, who secured a 6th term as the representative...

The Central Bank of Nigeria (CBN) has denied a news report by Daily Trust Newspaper of June 1, 2023, titled “CBN Devalues Naira To 630/$1”.thus giving a wrong impression it has devalued the Naira. The CBN, acting Director, Corporate Communications, Isa AbdulMumin, reacting to the report said, “We wish to...

Talks between the Federal Government and organised labour over the removal of fuel subsidy ended in a deadlock on Wednesday as they failed to reach a consensus following the hike in petrol pump prices to over N700 from N195 per litre by oil marketers. The hours-long meeting which was held...