archiveAugust 6, 2023

Socio-Economic Rights and Accountability Project (SERAP) has sued President Bola Ahmed Tinubu over the failure to disclose spending details of about N400 billion saved from the removal of subsidy on Premium Motor Spirit (PMS), commonly known as petrol. The organisation disclosed this via its Twitter handle on Sunday, August 6....

Following recent developments that have temporarily halted Ukraine’s grains to other countries through the Black Sea, the United States Agency for International Development (USAID) has warned Nigeria and other African countries to brace up for higher food prices. Russia had earlier exited the Black Sea deal after the expiration on...

President Bola Tinubu administration is mandatorily required to seek the approval of both houses of the National Assembly, notwithstanding the resolution of the Economic Community of West African States (ECOWAS) to resort to the use of force to flush the military junta in Niger in a bid to restore ousted...

    Vice-President Kashim Shettima says the Federal Government has partnered with Wema Bank to establish micro, small and medium enterprise (MSME) digital hubs in seven states. In a statement signed by Olusola Abiola, Director of Information in the Office of the Vice-President, Shettima said the hub will empower one...

Nigerian shareholders have demanded fair compensation for their investment, as the Nigerian subsidiary of the British pharmaceutical company, GlaxoSmithKline Consumer Nigeria Plc, plans to close operations in the country. Three days ago the company said it had concluded arrangements to shut down its operations in Nigeria. The company said it...

  The Senate has written to President Bola Tinubu to immediately appoint an Auditor General for the Federation (AuGF) in line with Section 86 of the 1999 constitution. According to Thisday, the upper chamber maintained that the absence of an auditor-general for the federation for almost 10 months had opened...

The Nigeria Deposit Insurance Commission (NDIC) has begun the process of payment of depositors in 179 microfinance banks and four primary mortgage banks across the country. This was contained in a statement on the commission’s website where it listed all micro-finance banks and mortgage banks involved. The commission called on...