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The Supreme Court on Wednesday ordered that the old N200, N500, N1000 notes should continue to co-exist with the new notes till further notice. The apex court ruled that both old and new notes should continue to remain legal tender until the Federal Government put a process in place for its replacement or redesign after … [Read more…]
President Bola Tinubu has arrived at the National Assembly (NASS) for the presentation of the 2024 budget estimates of N27.5trn. It’s the President’s first budget presentation before the joint session of the National Assembly since he assumed office on May 29, 2023. The President arrived at the NASS Complex around 11:10am alongside his entourage including … [Read more…]
President Bola Tinubu will, on Wednesday, depart Abuja for Dubai, United Arab Emirates, to attend the COP28 Climate Summit, also known as the 28th United Nations Climate Change Conference, or Conference of the Parties of the UNFCCC (COP28). At the World Leaders’ Summit, which takes place on 1 and 2 December, under the theme, “Unite, Act, … [Read more…]
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…]
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…]
The Nigeria Civil Aviation Authority (NCAA) has commenced investigation into the circumstances surrounding the diversion of a Lagos-Abuja bound flight to Asaba on Sunday. To this end the authority has suspended the operations of two wet-leased aircraft in the fleet of the airline. It was learnt that the suspension was communicated to the airline via … [Read more…]
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…]
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…]
The Chief Justice Nigeria (CJN), Justice Olukayode Ariwoola, has reiterated the judiciary’s determination not to be overwhelmed by the sentiments of the “mob” in their decisions. Following the rulings on electoral disputes, which led to the sacking of some governors and lawmakers, many have accused judges of bias. But speaking at the opening of the … [Read more…]
…Nigeria Has The Potential to Become a Major Player in the Global Economy – Enugu State Deputy Governor Barr. Ifeanyi Ossai …Nigeria’s Post Subsidy Economy not viable without combating corruption, nepotism – Ike Neliaku …We cannot have answers from outside, we must develop answers from inside – Msgr. Prof. Obiora Ike …We must do away … [Read more…]
A joint Police and Department of State Service operatives, today, 26/11/2023 at about 1 p.m., neutralized three (3) male armed robbery suspects at Second Avenue, Independence Layout, Enugu, after a gunfight. The feat led to the recovery of two (2) locally-made revolver pistols, six (6) live rounds of .9mm calibre ammunition, the gang’s operational tricycle … [Read more…]
The Nigerian Navy Friday deployed 4,000 of its personnel, 13 warships, 88 boats and two helicopters, among others, ahead of the Chief of Naval Staff 2023 Sea Inspection exercise. Also deployed include two special boat service elements, four maritime domain awareness facilities, four operation bases, two support units, as well as 4 platforms belonging to … [Read more…]