PRESS RELEASE: LP Raises Concern Over Supreme Court’s Refusal to Provide Party’s CTC of Judgment

1. The Supreme Court issued a hearing notice dated 25th October 2023, notifying the Labour Party (LP) and its candidate in the Presidential Election, Mr Peter Obi, that judgment would be delivered in their appeal to the Supreme Court in Appeal No. SC/CV/937/2023 on Thursday, 26th October, 2023. 2. On the 26th of October, 2023, … [Read more…]

EFCC Alerts Public on ATM Swapping Fraud

The Economic and Financial Crimes Commission, EFCC, has been inundated with barrage of complaints from well-meaning Nigerians concerning unauthorized withdrawals from their bank accounts, which investigations by the Commission have linked to Automated Teller Machine, ATM, Debit Card swapping or fraud. The modus operandi of fraudsters involved in this nefarious practice involves keeping a debit … [Read more…]

FEC approves budget support loan of $1bn from AfDB, revises 2024 budget from N26trn to N27.5trn

Nigeria’s Federal Government has increased the 2024 budget proposal from the initial N26 trillion to N27.500 trillion to meet present economic realities. It also revised the Medium Term Expenditure Framework, MTEF and Fiscal Strategy Papers, FSP, which initially had N700 per dollar as exchange rate to N750 per dollar, while oil benchmark was reviewed from the initial … [Read more…]

Rivers: Court of Appeal Dismisses Tonye Cole’s Petition Against Gov. Fubara

An Appeal Court sitting in Lagos State on Tuesday dismissed the petition filed by the governorship candidate of the All Progressives Congress (APC) in Rivers State, Patrick Tonye-Cole, against Governor Siminalayi Fubara of the Peoples Democratic Party (PDP) and the Independent National Electoral Commission (INEC). The APC candidate, who was present in the courtroom on … [Read more…]

Full Text of Speech Delivered By Sen. Dr. Adolphus Wabara, Ex Nigerian Senate President at the 3rd Frontier Discourse Annual Public Lecture and Awards

Frontier Discourse Annual Public Lecture Series and Awards, Pacesetter Frontier Magazine

A SPEECH DELIVERED BY HIS EXCELLENCY: DISTINGUISHED SENATOR WABARA, ADOLPHUS N., PH.D. AT THE 3RD EDITION OF FRONTIER DISCOURSE, AN ANNUAL PUBLIC LECTURE SERIES AND AWARD. THEME: POST SUBSIDY ECONOMY EXPLORING BOLD INITIATIVES FOR ECONOMIC RECOVERY IN NIGERIA, ON 18TH NOVEMBER, 2023. Your Excellences, Distinguished guests, Ladies and gentlemen, I stand before you today to … [Read more…]

Economists Caution CBN Gov on Repeating Mistakes of 2005 Recapitalisation 

With plans by the Central Bank of Nigeria (CBN) to introduce a new capital base for deposit money banks in Nigeria, economists have cautioned the apex bank from making some mistakes made during the last recapitalisation of commercial banks in the country. The Founder of Centre for Promotion of Private Enterprise, Muda Yusuf; and Prof Segun … [Read more…]

[PRESS RELEASE] Umahi reels out FG intervention plans on roads, clarifies use of concrete, asphalt in roads construction

1. The attention of the Federal Ministry of Works has been drawn to the concerns of the public on the deplorable situations of some sections of the Federal roads throughout the Federation as reported in many media platforms, especially social media, the front page, pages 4,5,6 and 14 of the publication of Sun Newspaper of … [Read more…]

Nigerian Senate to Review Cybercrime Act 2015 as Online Losses Exceed $500 million

The Nigerian Senate has begun the process of reviewing and modifying the Cybercrime (Prohibition and Prevention) Act of 2015 with a view to taming cybercriminals and reducing the losses to online crimes estimated at over $500 million per year by the Nigerian Communications Commission (NCC). The Senate President Godswill Akpabio, during a recent public hearing … [Read more…]

Full Text of Speech Delivered By Barr. Ifeanyi Ossai, Deputy Governor of Enugu State at the 3rd Frontier Discourse Annual Public Lecture and Awards

Barr. Ifeanyi Ossai

SPEECH DELIVERED BY HIS EXCELENCY, BARR IFEANYI OSSAI, DEPUTY GOVERNOR, ENUGU STATE ON THE OCCASION OF THE THIRD FRONTIER DISCOURSE ANNUAL PUBLIC LECTURE SERIES AND AWARDS TAGGED “THE POST SUBSIDY ECONOMY – EXPLORING BOLD INITIATIVES FOR ECONOMIC RECOVERY IN NIGERIA”  ORGANISED BY PACESETTER FRONTIER MAGAZINE ON SATURDAY NOV 18. 2023 AT HOTEL SUNSHINE PRESIDENTIAL ROAD … [Read more…]