News

Governor of the Central Bank of Nigeria, Olayemi Cardoso, on Wednesday, announced that the Federal Government has cleared the outstanding $7bn foreign exchange following a successful verification exercise by forensic auditors. Cardoso disclosed this at the launch of Nigeria’s Regulatory Policy Framework organised by the Presidential Enabling Business Environment Council. …

Aba Cemetery Market in Abia State notorious for sale of fake bottles of wines and beverages has been shutdown again by the National Agency for Food and Drug Administration and Control (NAFDAC) The shutdown of the the cemetery market regarded as the most dreaded and hitherto safe haven for the …

Sunday Dare, Special Adviser to the President, Media and Public Communication, says access to affordable energy for 300 million Africans by 2030 is possible. Dare said this while speaking with State House correspondents on the sidelines of the Mission 300 Africa Energy Summit, on Monday, in Dar es Salaam, Tanzania. …

A witness in the ongoing trial of former Minister of Aviation, Hadi Sirika, on Monday, informed Justice S. C. Oriji of the Federal Capital Territory High Court, that the company, Al Buraq Global Investment, was not qualified to handle the repairs of Katsina Airport awarded by the former minister. Musa …

Very recently, the iconic Registrar of the Joint Admissions and Matriculation Board, JAMB, Professor Ishaq Oloyede, appeared before the National Assembly to defend the budget of the agency. A lot of revelations came out of that session, especially from the presentation made by the Comrade Senator, Adams Oshiomole, concerning the …

NEITI has announced plans to recover $6 billion and an additional N66 billion owed to the Federal Government by stakeholders in the oil sector. This was disclosed by Mr Ogbonnaya Orji, Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), during the 2025 budget defence session organised by the …

Pastor William Kumuyi, General Superintendent of Deeper Christian Life Ministry, participated in a special programme held ahead of the inauguration of President Donald Trump in the United States. The event, known as the Inauguration Praise and Prayer Convocation, took place at the Greater New Hope Baptist Church and was organised …

Lagos State once again proved why it is the tourism and entertainment capital of Africa with an extraordinary December 2024 season as it generated over $71.6 million in revenue across tourism, hospitality, and entertainment sectors. During the season tagged ‘Detty December’, hotels alone accounted for over $44 million, while short-let …

A former Group Managing Director of First Bank, Dr. Bisi Onasanya has dismissed allegations circulating on social media, suggesting his involvement in a purported commercial loan facility transaction controversy carried out 12 years ago at First Bank. In a statement released to the press over the weekend, Onasanya, who spoke …

The Human Rights Writers Association of Nigeria (HURIWA) has strongly criticised the Nigeria Police and alleged double standards exhibited by the force in handling the leadership crisis within the Peoples Democratic Party (PDP) at the national and state levels. The association accused the police of acting as a partisan tool …