eNaira/Internet The International Monetary Fund (IMF) has advised central banks to manage their digital currency in a manner that promotes financial inclusion. The IMF gave the advice in a document titled, ‘Central Bank Digital Currency—Initial Consideration,’ seen The Washington-based institution said if CBDCs are designed, implemented, and regulated appropriately, it …
Read More »Allegation judges collected $5m bribe to sack me baseless — Plateau gov
Governor Caleb Mutfwang Plateau State Governor, Caleb Mutfwang, on Friday, described as baseless and defamatory allegations that some judges collected the sum of five million dollars as a bribe to sack him from his position. Recall that media reports (Not PUNCH) had on Thursday accused the former Governor of Plateau …
Read More »Impeachment: Akeredolu’s Plea To Vacate Interim Order Declined As Court Adjourns Suit Indefinitely
L-R: Rotimi Akeredolu and Lucky Aiyedatiwa Federal High Court, Abuja on Friday, refused to grant an application by Governor Rotimi Akeredolu of Ondo State asking it to vacate its Sept. 26 interim order for lack of jurisdiction. Justice Emeka Nwite, in a ruling, rather adjourned the suit indefinitely since an …
Read More »Gowon to honour Akume, Wike, others
Former Head of State, Gen Yakubu Gowon (retd.) Former Military Head of State, Gen. Yakubu Gowon (Rtd.) has shifted till next year, planned reception to honour some public office holders in the country. Gowon had planned the banquet to honour the Secretary to the Government of the Federation, George Akume, …
Read More »Nigerian Telecom Operators Plan Increase In Tariffs, Say Current Rates No Longer Sustainable Under Tinubu
The Association of Licensed Telecommunications Operators of Nigeria (ALTON), has said that there might be an increase in telecom tariff in the country as the current tariff regime in the telecom sector is no longer sustainable. This was made known by the Chairman of ALTON, Mr. Gbenga Adebayo, in Lagos …
Read More »Colombian Pop Star, Shakira To Go On Trial In Spain For Alleged £5.8 million Tax Fraud
Colombian music star, Shakira has been hit with another tax fraud case after allegedly failing to pay 6.7 million euros (£5.8 million) in tax on her income in 2018, authorities said. Shakira is expected to stand trial beginning November 20 to defend herself against all tax evasion claims Spanish authorities …
Read More »Don’t Revolt, Accept Court Decisions On Zamfara, Kano – APC Tells Residents
L-R: Kano State governor, Abba Yusuf and APC’s Nasir Ganuwa The All Progressives Congress, APC, has told the people of Zamfara and Kano states to accept the latest court decisions sacking the two state governors in good faith and eschew violence or any contemplation of revolution. The APC stated this …
Read More »After Criticism, Tinubu Cancels 40% Deduction From IGR Of Federal Varsities
President Bola Ahmed Tinubu Following strong resistance from various stakeholders, President Bola Tinubu has ordered the immediate cancellation of a policy empowering the Federal Government to automatically deduct 40% from the internally generated revenues (IGR) of federal universities. The policy was scheduled to commence in November 2023. Critics had deemed …
Read More »Crude Oil Thieves Caught In Rivers As NSCDC Destroys Illegal Refinery
NSCDC CG’s SIS The Nigeria Security and Civil Defence Corps (NSCDC) has destroyed an illegal refinery setup in the Egbede area of Onelga LGA, Rivers State. Two suspects, Joseph Peter from Delta State and Evans Okorie from Imo State, were arrested in connection with the illegal refinery. They were arrested …
Read More »NEPZA MD Urges Owners, Promoters Of Centenary Economic City, Idu Park, Others To Revamp Projects
The new Managing Director of the Nigeria Export Processing Zones Authority (NEPZA),Dr Olufemi Ogunyemi, has called for immediate commencement of infrastructure development in the Centenary Economic City Free Trade Zone, Abuja and the revamping of the Abuja Technology Village to position the Federal Capital City for economic growth and industrialization. …
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