archive2023

    The Central Bank of Nigeria (CBN) has said there is no plans for the redenomination of the Naira, set to take effect from January 2023. The response from the CBN comes in light of an assertion implying its intention to redenominate the nation’s official currency. In a statement...

Fidelity Bank Plc’s leadership in the exports space has once again been reaffirmed with the bank’s emergence as the Export Finance Bank of the Year at the BusinessDay and Other Financial Institutions’ (BAFI) Awards 2023. The bank was presented the award at a prestigious dinner event held on Saturday, 28...

Minister of Budget and Economic Planning Atiku Bagudu has stated that N18 billion will be granted to the Independent National Electoral Commission (INEC) for conduct of the governorship elections in Bayelsa, Kogi, and Imo States. He stated this while briefing State House media following the Council meeting, which was presided...

Nigerian singer Abdulazeez Fashola, aka Naira Marley, and his associate, Samson Eletu, popularly called Sam Larry, have filed a suit against the police and a Lagos magistrate, Adeola Olatunbosun. The lawsuit is in response to their prolonged detention, dating back to Wednesday, October 4, on charges related to their alleged...

  Chief of Staff to the Oyo State Governor, Hon Segun Ogunwuyi (second right); Commissioner for Budget and Planning, Prof Musibau Babatunde (right); Director General, Oyo State Investment of Public Private Partnership Agency, Barr Olatilewa Folami (left); presenting dummy Cheque to Mr Fadipe Sunday; one of the beneficiaries of Oyo...

  The Nigerian Police Force says it is aware of the security situation at the Rivers State House of Assembly Complex, adding that it has launched a comprehensive investigation to uncover the circumstances. The police disclosed this in a post on its Facebook page on Monday, assuring that it would...

The Speaker of the House of Representatives, Hon Abbas Tajudeen, on Monday, stressed the need for Nigeria to have a regulatory framework in place for emerging technologies. Speaker Abbas noted that though new technologies such as Artificial Intelligence (AI) and robotics have immense benefits, there is a need to check...

  The Federal Executive Council (FEC) has approved N5.9 billion for the construction of access roads for the light rail system in Abuja. The Minister of the Federal Capital Territory (FCT), Nyesom Wike, made this known on Monday while briefing newsmen on the outcome of the weekly FEC meeting presided...

Apex Igbo socio-cultural organisation, Ohanaeze Ndigbo Worldwide, has decried the ‘disturbing’ lack of interest in joining Nigeria Police Force recruitment by Igbo youths. The President-General of the group, Chief Emmanuel Iwuanyanwu, who expressed disappointment in the nonchalant attitude shown by Igbo youths towards joining the police and other security agencies,...

Ten years after the partial privatisation of the Nigerian Electricity Supply Industry (NESI) the Federal Government, on Monday, admitted that the exercise had failed to meet its objectives. The government described as shameful the current generation, transmission and distribution level of just over 4,000 Megawatts. Speaking in Abuja at the...