archiveAugust 2023

    The Department of State Services (DSS) has arrested Abbas Umar Masanawa, the Chief Executive Officer of Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), for his alleged role in the ongoing corruption probe of Godwin Emefiele, the suspended governor of the Central Bank of Nigeria (CBN). According...

The Central Bank of Nigeria (CBN) has launched a new portal called the Foreign Exchange (FX) Price Verification System (PVS), designed for importers to have access to forex. The bank made this announcement on Thursday night from their Trade and Exchange Department. “Following the successful conduct of the pilot run...

In another remarkable strategic maneuver that solidifies Transcorp’s dominant position in Nigeria’s power sector, Christopher Ezeafulukwe, the intelligent and astute Managing Director/CEO of Transcorp Power Limited, has been entrusted by the Board of the Abuja Electricity Distribution Company (AEDC) to lead the charge as the new Managing Director/CEO of AEDC....

  The Defence Headquarters (DHQ) has provided detail on the soldiers killed in an ambush and the crash of the Nigerian Air Force (NAF) MI17 helicopter on Monday in Niger State. The Director, Defence Media Operations, Major General Edward Buba, while briefing journalists on Thursday, said that a total of...

Oun State said the attention of the Executive Governor of the state, Senator Ademola Adeleke, has been drawn to a “deliberate, mischievous misrepresentation and misinterpretation of the appointments of Senior Special Assistant on Government House Pool and Oranmiyan new town. “We appreciate those who truly need to be educated on...

Nigerian human right lawyer, Femi Falana (SAN), has sued the Central Bank of Nigeria (CBN), for allegedly  floating  the naira. Falana, who disclosed this on Friday, when he was featured on Channels Television’s Sunrise Daily, said the decision of the CBN under President Bola Tinubu to float the naira is...

  Oyo State governor, ‘Seyi Makinde, has approved that Sunday, August 20 of every year as Isese Day in the state. According to a press statement signed by Mr. Sulaimon Olanrewaju, the Chief Press Secretary to Oyo State Governor, “To this end, the governor has declared Monday, August 21, 2023...

Governor Ademola Adeleke of Osun State has issued five-point admonitions to newly inaugurated local government Caretaker Chairmen, directing them to compete through developmental initiatives for their various areas. Inaugurating the Caretaker Chairpersons in Osogbo on Wednesday, Governor Adeleke who justified his action on the need to fill an existing vacuum...

  Below is the list of the ministers and their assigned portfolios, as reported by Channels TV. Minister of Communications, Innovation and Digital Economy, Bosun Tijani Minister of State, Environment and Ecological Management, Ishak Salaco Minister of Finance and Coordinating Minister of the Economy Wale Edun Minister of Marine and...

  The former Emir of Kano, Sanusi Lamido Sanusi II, has urged Nigerians not to be intimidated by politicians because they are governors or President Sanusi said Nigerians take too much rubbish from political leaders and are too afraid in their comfort zones. He urged Nigerians to hold those in...