The inventive spirit of Nigerians has continued to cushion the effect of continuous increases in prices of goods and services. Nigerians are known to be tough and adapt to changes easily, due to their ability to adapt or create other alternatives. The removal of fuel subsidy, which has resulted in over 100 per cent increase … [Read more…]
The Central Bank of Nigeria (CBN) has declared the removal of cash deposit limitations on domiciliary accounts, saying account holders can withdraw up to $10,000 per day. The apex bank, in a statement made available to Channels Television on Sunday, stated that this followed a June 14 announcement on new guidelines in the foreign exchange … [Read more…]
The Director General of the Department of State Services (DSS) and the DSS has been ordered to immediately grant the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, unrestricted access to his lawyers and family members as it is within his constitutional right. Emefiele was arrested by the DSS on Saturday, hours … [Read more…]
Former President Olusegun Obasanjo, has said that the presidential candidate of the Labour Party in the February 25 presidential election, Peter Obi remains the candidate for a better Nigeria. The Independent National Electoral Commission, INEC in March declared the then-candidate of the ruling All Progressives Congress and now-president, Bola Tinubu, as the winner of the … [Read more…]
Governor of Enugu State, Dr. Peter Mbah, has reiterated his administration’s commitment to accelerated development programmes and digital revolution for Enugu children. Dr. Mbah said it was the priority of the state government under him to initiate and pursue policies that would avail the children of the state the requisite environment to actualise their potentials … [Read more…]
By Uche Anichukwu “Death closes all”, writes Alfred Lord Tennyson. And in that tradition of all mortals, the earthly chapter of Her Excellency, the late Lady Jane Udenwo Nnamani, came to a close on May 4, 2023, albeit unexpectedly. She was someone I was privileged to relate with very closely. Fate brought the family and … [Read more…]
The Labour Party (LP) and its presidential candidate, Mr Peter Obi has tendered eighteen thousand and eighty-eight (18,088) blurred polling unit result sheets among other documents in continuation of the prosecution of their case before the Presidential Election Petition Tribunal (PEPT) in Abuja. Counsel to the Petitioners, Onyechi Ikpeazu tendered the documents through the petitioners’ … [Read more…]
Following a summon issued on him, Chairman of the Independent National Electoral Commission, INEC, Prof. Mahmoud Yakubu, yesterday produced before the Presidential Election Petition Court, PEPC, sitting in Abuja, a document that contained President Bola Tinubu’s age. The document, known as Form EC9, was an affidavit of personal particulars which President Tinubu submitted to the … [Read more…]
President Bola Tinubu has approved the appointment of Mr. Dele Alake as Special Adviser, Special Duties, Communications and Strategy and Mr. Nuhu Ribadu, as Special Adviser, Security. The appointment was contained in a statement issued by Abiodun Oladunjoye, Director Information, State House. Other persons appointed are, Mr. Yau Darazo, Special Adviser, Political and Intergovernmental Affairs, … [Read more…]
Ex-president of the Nigerian Senate, Senator Dr. Ken Nnamani, and family have fixed June 16, 2023 for the burial of his late Wife, Lady Ezinne Jane Udewo Nnamani. The schedule of funeral activities which is to commence with a service of songs today, Thursday, June 15, 2023, by 5pm at Sen. Ken Nnamani’s country home, … [Read more…]
President Bola Tinubu has charged state governors to deliver good governance to the citizens. He gave the charge on Thursday when he inaugurated the National Economic Council (NEC), headed by Vice President Kashim Shettima. All 36 State governors, among other officials, are members of the Council. He said the governors have no excuse for failure … [Read more…]
The Central Bank of Nigeria (CBN) may have embraced the painful, but realistic path to foreign exchange rate convergence, adopting a clean float at the interbank market. The option, a liberalist move that supports the interplay of demand and supply to determine the equilibrium rate, saw the apex bank pulling the trigger on the naira … [Read more…]