News

The Central Bank of Nigeria has finally suspended new applications for development financing like the Anchor Borrowers Program (ABP) and Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) among others. The development is a strategic move to discontinue the unorthodox monetary policy regime adopted by the former Governor, Godwin …

Their dismissal was announced in a statement issued by his Special Adviser on Media and Publicity, Ajuri Ngelale, in which it was stated that the two executive officers were sacked because of the President’s decision to restructure critical agencies in the country. The sacked Executive Vice Chairman/Chief Executive Officer (CEO) …

The suspended Humanitarian Affairs and Poverty Alleviation Minister Dr. Betta Edu is currently at the office of the Economic and Financial Crimes Commission (EFCC) Headquarters to be interrogated over the alleged N585 million fraud in her ministry. Edu stands accused of diverting the said amount  which was meant for payment …

Abiola Adebisi, the husband of Deborah Loveth, popularly known as ‘Debbie,’ has expressed his gratitude for the overwhelming support and donations they have received from Nigerians on social media. The couple gained attention after Debbie shared how she wakes up at 4:50 am to cook for her husband, sparking both …

 Beta Edu   Rasheed Zubair, Special Assistant on Media and Publicity to the Minister of Humanitarian Affairs and Poverty Alleviation, Dr Betta Edu, says the disbursed N585,198,500.00 into a personal account is legal and in line with extant civil service rules. Edu in a viral document personally signed by her and directed …

The private account belongs to Oniyelu Bridget Mojisola, identified as a project manager by the minister. Dr Betta Edu, the Minister of Humanitarian Affairs and Poverty Alleviation asked the Accountant General of the Federation, Mrs Oluwatoyin Sakirat Madein to send public funds to a private account, according to a letter …

Kannywood actor and comedian, Saeed Muhammed, popularly known as Funky Mallam has criticised Governor Babajide Sanwo-Olu,l of Lagos State for ordering his police escorts to arrest a “soldier” over a traffic violation. Sanwo-Olu had ordered the arrests of motorcyclists riding against traffic on the Lagos-Badagry expressway on Tuesday. When one …

By Olutayo Irantiola   The unfolding University degree saga in Nigeria has brought to the fore the need for our country to look inward and strengthen our academic heritage. It is pretty unfortunate where we have found ourselves as a country. I am not a beneficiary of the heydays when …

 Tinubu   President Bola Tinubu, has appointed six new executive directors in the Nigerian Ports Authority, NPA, and the Nigerian Maritime Administration and Safety Agency, NIMASA. Both agencies are under the Federal Ministry of Marine and Blue Economy. The Special Adviser to the President on Media and Publicity, Ajuri Ngelale, disclosed this in …

 Halima Shehu   The embattled National Co-ordinator and Chief Executive Officer of the National Social Investment Programme Agency, NSIPA, Halima Shehu, who was arrested in connection with an alleged ₦44billion money laundering, has been released by the Economic and Financial Crimes Commission on bail We learnt that Shehu was released on …