News

The Central Bank of Nigeria has set a minimum trade value of $100,000 for interbank foreign exchange trading via the Electronic Foreign Exchange Matching System. The directive was dated 25 November 2024 and signed by CBN’s Director of the Financial Markets Department Dr Omolara Duke. According to Duke the development is part of efforts to … [Read more…]

The Economic and Financial Crimes Commission (EFCC) has said that the former Kogi State governor, Alh. Yahaya Bello, has been detained by the commission. EFCC’s Head of Media and Publicity, Dele Oyewale, confirmed the arrest of Bello to journalists on Tuesday. He said that Bello was arrested by the commission’s chief security officer. According to … [Read more…]

President Bola Tinubu has commended the Nigeria National Petroleum Company Limited (NNPCL) for successfully reviving the Port Harcourt refinery, which commenced petroleum product loading today, November 26, 2024. Tinubu also urged the firm to expedite the scheduled reactivation of the second Port Harcourt refinery and the Warri and Kaduna refineries. Mr. Bayo Onanuga, the Special … [Read more…]

President Bola Tinubu will depart Abuja on Wednesday to begin a state visit to France in honour of an invitation from President Emmanuel Macron. The Nigerian leader’s three-day visit, which will focus on strengthening political, economic, and cultural relations and establishing more opportunities for partnership, particularly in agriculture, security, education, health, youth engagement and employment, … [Read more…]

…Crashes Recurrent further to 14% at N133.1bn …Capital Expenditure rises to N837.9bn … _Ramps up IGR from N37.4bn to N144.7bn in 2024 …Assembly promises early passage Governor of Enugu State, Dr. Peter Mbah, has proposed a record N971bn budget bill for the 2025 fiscal year to the Enugu State House of Assembly. Presenting the estimates … [Read more…]

Borno State Governor, Babagana Umara Zulum, was in Ngala Local Government Area on Sunday to assess the destruction caused by flooding in the region. Gamboru Ngala is a market town on the shores of Lake Chad near the Cameroon-Nigeria border. Zulum also shared relief items with victims who were cut off by the high volume … [Read more…]

Governor Ahmed Usman Ododo has convened an emergency security meeting in Lokoja to address the indigenes of Isanlu and the Fulani settlers after the latter alleged that one of them was killed by indigenes of the community. The governor summoned the emergency security meeting to listen to both sides in order to take actions that … [Read more…]

Pacesetter Frontier Magazine, organisers of the Frontier Discourse Annual Public Lecture Series and Awards have disclosed that Femi Adesina, the Spokesman to former President Muhammadu Buhari, will headline the panel discussion which will also have the Keynote Speaker, Dr. Jewel Howard-Taylor, Liberia’s 30th Vice President & Ex-Senate President and other young Africans – Dennis Mugaa, … [Read more…]

Ebonyi State Governor, Chief Francis Ogbonna Nwifuru has ordered arrests and prosecution of one Mr Ndukwe Ayansi and five others for allegedly diverting materials meant for the state’s Ministry of Health. The Governor on his way to project inspection sighted a Toyota Dyana truck loading registers, books and other materials from the warehouse in the … [Read more…]

Abia State Governor, Dr. Alex Otti says his government has resolved to rejig the security architecture of the State. Addressing the press after an emergency security council meeting in response to the recent attacks on security personnel in the State, Governor Otti said that they have taken a decision to smoke out criminal elements in … [Read more…]

…State set to host 23rd National Sports Festival Enugu State will host the 23rd edition of the National Sports Festival after clinching the hosting rights following competitive bids by many states of the federation. This is even as the state governor, Dr Peter Mbah, has been scheduled to present the much anticipated 2025 budget at … [Read more…]