archive2023

The Debt Management Office (DMO) on Tuesday clarified media reports that claimed that the Federal Government of Nigeria had raised the sum of N2.129 trillion between January and February 2023 through the issuance of Domestic FGN Securities. The reports also alleged that government might exceed its domestic deficit funding requirement...

The Minister of Works and Housing, Babatunde Fashola, says the infrastructure development report card of the President Muhammadu Buhari/ APC-led administration places the party’s presidential flag bearer, Bola Tinubu, ahead of other candidates in the February 25 elections. Fashola, also the director of the election planning and monitoring directorate of...

The presidential candidate of the All Progressives Congress (APC), Bola Tinubu, on Tuesday in Lagos, said he would work hard for Nigeria, as President Muhammadu Buhari has “worked hard” to ensure his victory in the February 25 election. He also promised to implement all the promises made in the past...

The Nigeria Economic Summit Group (NESG) has advised the Central Bank of Nigeria to reconsider prolonging the usage of the old notes side-by-side with the newly redesigned notes. In its report titled “Naira Redesign Policy: Caught in the Web”, the group also advised the CBN to expedite the printing of...

The Kaduna State Governor, Nasir El-Rufai, has denied that governors are against the naira redesign because it would prevent them from inducing voters during the forthcoming elections. According to El-Rufai, governors kicked against the policy as a result of the hardship it had brought upon the citizens, adding that the...

First Lady Aisha Buhari has said a fake statement falsely attributed to the Central Bank of Nigeria (CBN), shared via her Instagram handle, was posted by hackers. The President’s wife disowned the post in a statement she released through her Instagram account on Tuesday, February 21. She further disclosed that...

  The Court of Appeal on Tuesday, confirmed the election of Ekiti State Governor, Biodun Oyebanji, in a ruling that affirmed the June 18, 2022, gubernatorial election in the state. While delivering the judgment, a three-member panel of the court dismissed an appeal filed by the candidate of the Social...

The National Christian Elders Forum (NCEF) on Tuesday endorsed the presidential flag-bearer of the Labour Party, Peter Obi. The Christian elders’ forum is piloted by a former Minister of Defence-General Theophilus Danjuma (rtd). The Christian elders officially disclosed their support for Obi in a statement signed by its Secretary, Pastor...

The Central Bank of Nigeria (CBN) says only N200 old notes are to be reissued and circulated concurrently with the new notes in line with the directives of President Muhammadu Buhari. The bank restated this in a statement jointly signed by Edward Adamu, Deputy Governor, Corporate Services, and Osita Nwanisobi,...

Rivers State Governor, Nyesom Wike, has reiterated that he will not join the All Progressives Congress (APC), despite its stance on zoning the presidency to the south. The governor, who described the insinuations that he will defect to the APC as speculative, maintained that he remained an unrepentant member of...