The Nigerian Senate The Nigerian Senate has uncovered a massive fraud in the Nigerian Postal Service, NIPOST. This followed the discovery of irregularities in the agency’s subsidiaries – NIPOST Properties and Development Company and NIPOST Transport and Logistics Services Limited. In its resolution of December 30, 2023, the Red Chamber said …
Read More »Tinubu’s Loyalist, MC Oluomo Steps Down As Chairman Of Lagos Road Transport Union, NURTW To Vie For National President
MC Oluomo is one of Tinubu’s allies and loyalists, whose association with the President has been questioned by members of the public. Alhaji Musiliu Akinsanya, popularly known as MC Oluomo, has stepped down as the Chairman of the Lagos State chapter of the National Union of Road Transport Workers (NURTW). …
Read More »CBN orders banks to stop cash payment to crypto account operators
CBN Building The Central Bank of Nigeria, CBN, has ordered banks to stop cash payment to crypto bank account operators. Withdrawals from these accounts will only be possible by transfer or through a manager’s cheque, the apex bank explained. It revealed this in a new ‘Guidelines on Operations of Bank Accounts for …
Read More »NERC Denies Approving Electricity Tariff Increase For DisCos
The Nigerian Electricity Regulatory Commission (NERC) says it has not issued any directive on the increase of electricity tariff from January 1, 2023. Media reports had claimed that the commission finalised plans to increase the electricity tariff. The reports also noted that electricity distribution companies (DisCos) would soon inform customers …
Read More »Passport Application Automation Will Begin January 8 — Interior Minister
Olubunmi Tunji-Ojo, the Minister of Interior, on Monday, confirmed that the passport application automation process will begin operation on January 8, 2024. Recall that the minister announced in December that the Federal Government was working to ensure a full automation system of passport application in the country. At the …
Read More »Tinubu Suspends Halima Shehu, Appoints Ondo Born Akindele Egbuwalo As NSIPA National Coordinator
President Bola Ahmed Tinubu has approved the suspension of Dr. Halima Shehu from the office of the national coordinator, national social investment programme agency, over alleged financial impropriety. The president also approved the appointment of Dr. Akindele Egbuwalo as a replacement in acting capacity, it was gathered. The president has …
Read More »Akpabio: Why We Increased 2024 Budget
Senate President Godswill Akpabio has said that there are “verifiable justifications” by the national assembly for increasing the 2024 budget by over N1 trillion. On Saturday, the national assembly passed the budget after increasing its size from N27.5 trillion proposed by President Bola Tinubu to N28.7 trillion. The budget …
Read More »UK Bans Nigerian Students, Others From Bringing Dependants
The Home Office of the United Kingdom on Monday announced that it had commenced the implementation of its policy banning Nigerian students and other overseas students from bringing in dependants via the study visa route. In a post on X (formerly Twitter), the Home Office reiterated that only those …
Read More »Alleged N1.6bn Debt:Nova Bank Asks Court To Wind Up Oil Firm
Nova Merchant Bank Limited has asked the Federal High Court in Lagos to wind up Midwestern Oil and Gas Company Limited following its failure to liquidate an alleged N1,648, 649,286.68 debt. The bank made the prayer in its petition in suit FHC/L/CP/2641/2023 filed on December 19, 2023 by its lawyer …
Read More »Attacks: It’s time for Nigerians to carry higher grades of arms – MBF counters COAS
The Middle Belt Forum, MBF has countered the Chief of Army Staff, Lt. Gen. Taoreed Lagbaja, that Nigerians should not be allowed to carry arms in view of the killings in the country saying the directive would not be in the overall interest of the people. But, the National President of the …
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