FX: EFCC arrests 34 currency speculators in Abuja

Operatives of the Economic and Financial Crimes Commission attached to the Taskforce on Currency mutilation, Dollarization of the Economy and Forex Malpractice,  have arrested 34 suspected currency speculators  for alleged foreign exchange fraud. They were arrested on Friday, April 26, 2024 in a sting operation following credible intelligence about illegal sales of dollars at the … [Read more…]

President Tinubu Appoints Two Chief Executive Officers of Two Agencies, Chairman of the Nigerian Education Loan Fund

President Tinubu Appoints Two Chief Executive Officers of Two Agencies President Bola Tinubu has approved the appointment of Dr. Innocent Bariate Barikor as the Director-General of the National Environmental Standards and Regulation Enforcement Agency (NESREA). The President has also approved the appointment of Prince Ebitimi Amgbare as the Managing Director/CEO of the Niger Delta River … [Read more…]

FCCPC To Review DStv, GOtv Packages New Pricing

The Federal Competition and Consumer Protection Commission (FCCPC) says the recent price increases in MultiChoice cable subscriptions will reviewed by relevant stakeholders to ensure subscribers in Nigeria get value for their money. The Acting CEO of FCCPC, Adamu Abdullahi, spoke exclusively to Channels Television on its Dateline Abuja programme on Thursday. During the interview, he provided … [Read more…]

Late Akeredolu’s former deputy governor, emerges PDP guber candidate in Ondo 

Agboola Ajayi, a former deputy governor to late governor Rotimi Akeredolu, has emerged as the candidate of the Peoples Democratic Party (PDP) for the November 16 gubernatorial election in Ondo State. Ajayi was elected at the delegate election of the opposition party, held on Thursday. He defeated six other aspirants of the opposition party, after … [Read more…]

Ebonyi Governor Slashes Varsity’s Tuition, Increases Emoluments of Staff

The school fees of Ebonyi State University, Abakaliki have been slashed by 10 per cent, while the salaries of Academic Staff and Non Academic Staff were increased to 20 per cent and 10 percent respectively Also, all indigens with first-class honours will be employed in the state varsity as Graduate Assistant Lecturers. Governor Francis Nwifuru … [Read more…]

Gov Mbah Flags Off Another Round Of Palliatives, Cautions Against Politicisation Of Distribution

Governor of Enugu State, Dr. Peter Mbah, on Thursday, flagged off another round of the distribution of palliatives in the state, warning against the politicisation of the exercise to ensure it gets to the independent and vulnerable people across the state. Mbah, however, said that the palliatives were a quick-fix and efforts of the federal … [Read more…]

Fubara-Wike Feud: Finance Commissioner loyal to Wike resigns over redeployment

Issac Kamalum, a loyalist of Nyesom Wike, Minister of Federal Capital Territory, who is a member of Governor Similanayi Fubara’s cabinet, has resigned. Kamalu, Commissioner for Finance, was affected by a minor cabinet reshuffle on Tuesday. He was moved to the ministry of employment and economic generation.  Zacchus Adangor, also a Wike loyalist, was relieved … [Read more…]