Naira weakened significantly against the United States dollar on the Investors and Exporters (I&E) window on Wednesday, data posted on the FMDQ securities exchange window where forex is officially traded showed. The decline occurred as foreign exchange supply within the market segment plummeted substantially. According to the FMDQ data published, the naira closed at N763.17 … [Read more…]
Amid rising burden of removing subsidy on Premium Motor Spirit (PMS) on civil servants, self-employed, private sector workers and the unemployed, the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has proposed to raise the salaries of public office holders by 114 per cent, setting the stage for a more complex minimum wage negotiation process. The … [Read more…]
… as Mbah swears in Head of Service, Principal Secretary Governor Peter Mbah of Enugu State has reiterated the determination of the administration to migrate the state’s civil service from manual means of operations to e-governance. Governor Mbah said this would be made possible through training of the workforce on digital transformation and other innovative … [Read more…]
The frosty relationship between Governor Rotimi Akeredolu of Ondo State, and his Deputy, Mr. Lucky Aiyedatiwa, yesterday, took a new twist, as there are alleged plans to supplant the governor. Akeredolu transmitted power to the deputy governor, after embarking on medical treatment, and is expected back in the country on July 6. But fresh facts … [Read more…]
The Nigerian Navy on Wednesday debunked reports that the former Chief of Naval Staff, Vice Admiral Awwal Gambo, has refused to hand over to his successor, Rear Admiral Ikechukwu Ogalla. A statement signed by the Spokesman of the Nigerian Navy, Commodore Adedotun Ayo-Vaughan, said the alleged development was untrue. According to him, the Navy, like … [Read more…]
Britain has applauded the ongoing economic reforms being carried out by the administration of President Bola Tinubu. British High Commissioner to Nigeria, Richard Montgomery who stated his home government’s position on Wednesday while on a courtesy visit to Vice President Kashim Shettima at the State House, Abuja, commended Nigeria for its economic decisions, including subsidy … [Read more…]
The Federal High Court, Abuja, has fixed 23 October for hearing a suit filed by former Minister of Petroleum Resources, Diezani Alison-Madueke, challenging the order obtained by the EFCC for final forfeiture of her seized assets. The judge, Inyang Ekwo, fixed the date on Wednesday after Mrs Alison-Madueke’s lawyer, Benson Igbanoi, and EFCC’s counsel, M.D. … [Read more…]
FOLLOWING the conclusion of the 2023 general elections, new governors were sworn in in eighteen states across the country. Saturday, June 17, makes it 20 days since the inauguration. Here is a look at their activities. Benue, Plateau, Sokoto governors revoke appointments Upon assumption of office, Benue state governor Hyacinth Alia and his counterpart in … [Read more…]
The Department of State Services (DSS) and the office of the Attorney-General of the Federation (OAGF) have defended the detention of the suspended CBN governor Godwin Emefiele. Both parties warned against his release in separate counter-affidavits. The DSS told the court on Tuesday, June 20, that Emefiele would flee if the court granted him bail. … [Read more…]
The Enugu State Government says it plans to earmark over 100,000 hectares of land to boost cassava production for export, even as the Federal Government has expressed its desire to collaborate with the state government on agriculture. This was disclosed by the state governor, Dr. Peter Mbah during a courtesy visit to his office by … [Read more…]
The Governor of Kano State, Alhaji Kabir Yusuf has directed all the 19 Commissioner nominees must comply with code of conduct rules. According to the governor, by this announcement, the nominees are expected to declare assets within the best possible time before their onward screening at the State Assembly. The governor in a brief communique … [Read more…]
A Federal High Court Sitting in Abuja has fixed the July 20 for ruling on the application filed by the counsel for Nnamdi Kanu asking the court to compel the Department Of State Services (DSS) to allow him access a medical doctor of his choice. At the hearing of the suit, the lawyer to the … [Read more…]