The Economic and Financial Crimes Commission, EFCC, has produced the immediate past Governor of Kogi State, Alhaji Yahaya Bello, before a High Court of the Federal Capital Territory sitting at Maitama for arraignment. Bello is billed to enter his plea to a 16-count charge ordering on his alleged complicity in a N110billion fraud. The erstwhile … [Read more…]
The Central Bank of Nigeria has set a minimum trade value of $100,000 for interbank foreign exchange trading via the Electronic Foreign Exchange Matching System. The directive was dated 25 November 2024 and signed by CBN’s Director of the Financial Markets Department Dr Omolara Duke. According to Duke the development is part of efforts to … [Read more…]
Israel issued evacuation orders for parts of Beirut four hours before the ceasefire deadline, striking around an hour before. Hezbollah also fired drones into Israel in the hours before fighting stopped. Within minutes of the ceasefire starting, the Israel Defense Forces (IDF) warned residents of southern Lebanon against “heading towards the villages that the IDF … [Read more…]
The Economic and Financial Crimes Commission (EFCC) has said that the former Kogi State governor, Alh. Yahaya Bello, has been detained by the commission. EFCC’s Head of Media and Publicity, Dele Oyewale, confirmed the arrest of Bello to journalists on Tuesday. He said that Bello was arrested by the commission’s chief security officer. According to … [Read more…]
President Bola Tinubu has commended the Nigeria National Petroleum Company Limited (NNPCL) for successfully reviving the Port Harcourt refinery, which commenced petroleum product loading today, November 26, 2024. Tinubu also urged the firm to expedite the scheduled reactivation of the second Port Harcourt refinery and the Warri and Kaduna refineries. Mr. Bayo Onanuga, the Special … [Read more…]
President Bola Tinubu will depart Abuja on Wednesday to begin a state visit to France in honour of an invitation from President Emmanuel Macron. The Nigerian leader’s three-day visit, which will focus on strengthening political, economic, and cultural relations and establishing more opportunities for partnership, particularly in agriculture, security, education, health, youth engagement and employment, … [Read more…]
…Crashes Recurrent further to 14% at N133.1bn …Capital Expenditure rises to N837.9bn … _Ramps up IGR from N37.4bn to N144.7bn in 2024 …Assembly promises early passage Governor of Enugu State, Dr. Peter Mbah, has proposed a record N971bn budget bill for the 2025 fiscal year to the Enugu State House of Assembly. Presenting the estimates … [Read more…]
Port Harcourt Refinery, one of the oil refineries owned by the Nigerian state, has commenced processing crude oil production. The Chief Corporate Communications Officer of the Nigerian National Petroleum Company Limited (NNPCL) Femi Soneye, disclosed this on Tuesday. Soneye revealed that the refinery has kicked off with 60 percent capacity. “Today marks a monumental achievement … [Read more…]
The Governor of Ebonyi State, Rt. Hon. Francis Nwifuru has suspended the Ebonyi State Commissioner for Housing and Urban Development and the Commissioner for Health. Announcing this as the outcome of the Ebonyi State Executive Council Meeting held on Monday, November 25, 2024 in a press briefing, Engr. Jude Chikadibia Okpor, the Commissioner for Information … [Read more…]
Borno State Governor, Babagana Umara Zulum, was in Ngala Local Government Area on Sunday to assess the destruction caused by flooding in the region. Gamboru Ngala is a market town on the shores of Lake Chad near the Cameroon-Nigeria border. Zulum also shared relief items with victims who were cut off by the high volume … [Read more…]
Governor Ahmed Usman Ododo has convened an emergency security meeting in Lokoja to address the indigenes of Isanlu and the Fulani settlers after the latter alleged that one of them was killed by indigenes of the community. The governor summoned the emergency security meeting to listen to both sides in order to take actions that … [Read more…]
Pacesetter Frontier Magazine, organisers of the Frontier Discourse Annual Public Lecture Series and Awards have disclosed that Femi Adesina, the Spokesman to former President Muhammadu Buhari, will headline the panel discussion which will also have the Keynote Speaker, Dr. Jewel Howard-Taylor, Liberia’s 30th Vice President & Ex-Senate President and other young Africans – Dennis Mugaa, … [Read more…]