News

Buhari and Omokri   A former presidential spokesman, Reno Omokri on Tuesday said Nigeria is broke and experiencing hardship because former President, Muhammadu Buhari borrowed more than all previous administrations combined. Omokri, in a tweet said things are hard in Nigeria because fuel subsidy had been ended, and the Naira …

Ned Nwoko and image of firearms A bill seeking to amend the Firearms Act and allow civilians to own and carry firearms for self-defence has scaled first reading at the Nigerian Senate. The bill, sponsored by Senator Ned Nwoko, representing Delta North, comes in response to the rising insecurity in …

CBN Headquarters In Abuja The federal government on Tuesday unveiled plans to audit the N22.7trn Ways and Means debt to the Central Bank of Nigeria. The Minister of Finance and Coordinating Minister for the Economy, Wale Edun, disclosed this at the opening of the Public Wealth Management Conference today in …

Ogun House of Assembly   Ogun House of Assembly Committee on Public Accounts and Anti-Corruption has invited a former Commissioner for Information and Strategy in the state, Waheed Odusile, a former Permanent Secretary, Mr. Abiodun Awere and the Director of Finance and Accounts for clarification of some financial infractions. contained …

Managing Director/Chief Executive of MOFI, Mr Amstrong Takang The Ministry of Finance Incorporated (MOFI) has launched a N100bn project preparation fund to stimulate investments in Nigeria. The Managing Director/Chief Executive of MOFI, Mr Amstrong Takang said this on Tuesday at the Public Wealth Management Conference in Abuja. The conference which …

  Lion kills Olawuyi at OAU A lion has mauled and killed a Veterinary Technologist, Olabode Olawuyi at one of Nigeria’s foremost institution, Obafemi Awolowo University (OAU). The incident occurred on Monday while Olawuyi was feeding the lion at the Zoological garden of the university. OAU‘s Public Relations Officer, Abiodun …

WACOT Rice Limited, a member of the Tropical General Investments (TGI) Group, has successfully concluded the Argungu Outgrower Expansion Programme (AOEP), a collaborative initiative with the USAID-funded West Africa Trade and Investment Hub aimed at enhancing rice production in Nigeria.   The outgrower expansion programme, initiated in 2020, was designed …

Abdulfatah Ahmed, Former Kwara State Governor The Economic and Financial Crimes Commission (EFCC) has invited Abdulfatah Ahmed, a former Governor of Kwara State in connection with financial misappropriation. According to a source within the EFCC who craved anonymity, Ahmed was invited for questioning over an alleged N3b that went unaccounted …

Some economic experts have urged the Nigerian Labour Congress, (NLC) to take into consideration the capacity of the private Sector in the discussion of the National Minimum Wage. The Registrar of the Chartered Institute of Finance and Control of Nigeria, Godwin Eohoi disclosed this while speaking to THE WHISTLER on the N1m minimum …

The liquidity challenges in the forex exchange market continued on Monday with the parallel market rate recording its weakest decline as the naira exchanged for as low as N2,040 to a Great Britain Pound. The record decline of the naira to N2,040 is caused by the persistent demand in the …