archiveNovember 5, 2023

The Federal Government has commenced an investigation into the crash of an aircraft conveying the Minister of Power Adebayo Adelabu, which occurred in Ibadan, the Oyo state capital on Friday, November 3. The Director, Public Affairs and Consumer Protection of the Nigerian Safety Investigation Bureau (NSIB) James Odaudu, was quoted...

Uche Rochas, a Peoples Democratic Party (PDP) chieftain, has declared that former Nigerian military dictator Sani Abacha was not a thief. Rochas was reacting to the latest news that France is set to return $150 million to Nigeria, recovered from Abacha. Writing on social media, Rochas stated that the contentious...

  The Non-Academic Staff Union of Educational and Associated Institutions (NASU) has condemned the assault on the president of Nigeria Labour Congress (NLC), Joe Ajaero by alleged thugs in Owerri, the Imo State capital. Ajaero had led a protest against the Imo state government on Wednesday, November 1, which led...

  The Socio-Economic Rights and Accountability Project (SERAP) has filed a suit against Tinubu over missing $15 billion, N200 billion oil revenues. In a November 5, 2023 release, it announced that it has taken legal action against President Bola Tinubu over his failure to probe missing $15 billion and N200...

The Bishop of Sokoto Diocese of Catholic Church, Bishop Matthew Kukah, has declared that the problems of Nigeria are surmountable. He stated that every Nigerian knows the problems facing the country at the moment and it will take the people’s resolve to address the problems. Kukah who spoke as keynote...

Fitch Ratings has affirmed Nigeria’s long-term foreign currency credit default outlook at B- citing recent policies by President Tinubu as responsible for the stable outlook. It also raised concerns over the proposed $10 billion forex loan which the government plans to use to offset forex backlogs and inject liquidity into...

The National Drug Law Enforcement Agency (NDLEA) has confirmed the seizure of N13 billion worth of codeine syrups as well as N14.4 million worth of Tramadol pills, totaling N13.014 billion worth of opioids, in raids in Lagos. The agency revealed that the operation includes three major bursts of drug cartels...

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reiterated that under his leadership, the Bank would focus mainly on the core mandate of price stability. The bank dislosed yesterday that Mr. Cardoso restated the direction of his leadership, while playing host to the Impact Investing...

  The Nigeria Deposit Insurance Corporation (NDIC) has once again demonstrated its unwavering commitment to high ethical standards and compliance with anti-corruption laws and regulations, as it proudly secures the top position in the Independent Corrupt Practices and Other Related Offences Commission (ICPC) 2023 Ethics and Integrity Compliance Scorecard (EICS)....