Dr. Olayemi Michael Cardoso, recently nominated by President Bola Ahmed Tinubu, has on Friday, September 22, 2023, formally assumed duty, in an acting capacity, as the Governor of the Central Bank of Nigeria (CBN), pending his confirmation by the Senate. This follows the resignation of Mr. Godwin Emefiele as Governor of the Central Bank of …
Olayemi Cardoso Assumes Duty As Acting CBN Governor Read More »
Joint troops of 82 Division Nigerian Army and the Nigerian Police have neutralised 3 combatants of the Indigenous People of Biafra (IPOB) and its armed affiliate, Eastern Security Network (ESN) in a fierce encounter that ensued during a clearance operation in the early hours of Monday 18 September 2023 at Igboro Forest, between Arochukwu and …
President Bola Tinubu has approved the nomination of Dr. Olayemi Michael Cardoso to serve as the new Governor of the Central Bank of Nigeria (CBN), for a term of five (5) years at the first instance, pending his confirmation by the Nigerian Senate. This directive is in conformity with Section 8 (1) of the Central …
PRESIDENT TINUBU NOMINATES YEMI CARDOSO AS NEW CBN GOVERNOR Read More »
President Bola Ahmed Tinubu and President of the United Arab Emirates, Mohamed bin Zayed Al Nahyan, on Monday in Abu Dhabi, have finalized a historic agreement, which has resulted in the immediate cessation of the visa ban placed on Nigerian travelers. Furthermore, by this historic agreement, both Etihad Airlines and Emirates Airlines are to immediately …
The Department of State Services (DSS) stated that it has uncovered plans by some elements in parts of the country to stage violent protests in order to discredit the Federal Government and security agencies over sundry socioeconomic matters. Intelligence reports have indicated that the plotters include certain politicians who are desperately mobilising unsuspecting student leaders, …
DSS DISCOVERS PLOT TO STAGE VIOLENT PROTESTS IN THE COUNTRY Read More »
The Lagos State Government has announced that the Blue Line Rail will start commercial operations on Monday, September 4th 2023. The Blue Line Rail will move from Marina to Mile 2. Governor of Lagos State, Mr Jide Sanwoolu is expected to be the first passenger at exactly 9am at the Marina Station. From Tuesday, Partial …
Lagos Blue Rail Line To Commence Operation On Monday Read More »
Could this be a relief on Naira? The NNPC Ltd. and @afreximbank have jointly signed a commitment letter and Termsheet for an emergency $3billion crude oil repayment loan. The signing, which took place today at the bank’s headquarters in Cairo, Egypt, will provide some immediate disbursement that will enable the NNPC Ltd. to support …
NNPC Ltd Secures $3billion Emergency Crude Repayment Loan from AFREXIM Bank Read More »
Nigeria’s Intervention Team comprising prominent Islamic scholars in the country, approved by President Bola Tinubu a few days ago met with the coup leaders in Niger where both parties agreed to intensify the option of dialogue in resolving the political crisis in that country. The Islamic Ulammas led by Sheik Abdullahi Bala Lau met with …
NIGER COUP LEADER APOLOGIZES TO TINUBU, AGREES TO PURSUE DIALOGUE Read More »
President Bola Tinubu has approved the establishment of Infrastructure Support Fund (ISF) for the 36 States of the Federation as part of measures to cushion the effects of the petrol subsidy removal on the people. The approval was disclosed at the monthly meeting of the Federation Account Allocation Committee (FAAC), on Thursday July 20, 2023, …
Troops of 192 Battalion Nigerian Army (NA) operating in 81 Division Area of Responsibility have busted an international ammunition smuggling syndicate, while transporting a truck load of smuggled ammunition to Anambra State on Saturday 15 July 2023. The troops, who acted on actionable Intelligence conducted a meticulous and rigorous Stop and Search operation along Ajilete-Owode …
NIGERIAN ARMY INTERCEPT TRUCK LOAD OF AMMUNITION EN ROUTE ANAMBRA STATE Read More »
A Magistrate’s Court in Ibadan, which is hearing the allegations made by the police against Prankster, Abdullahi Adisa popularly known as Trinity Guy, has ordered that the suspect be kept in Agodi correctional facility until next month. Similarly, the court also ordered that the mother and father of the ten-year-old child that appears in a …
COURT SENDS PRANKSTER, MINOR’S PARENTS TO PRISON Read More »
President Bola Ahmed Tinubu, GCFR, has approved the indefinite suspension from office of Mr. AbdulRasheed Bawa, CON, as the Chairman, Economic and Financial Crimes Commission (EFCC) to allow for proper investigation into his conduct while in office. 2. This follows weighty allegations of abuse of office levelled against him. 3. Mr Bawa has been directed …
PRESIDENT TINUBU SUSPENDS EFCC BOSS INDEFINITELY! Read More »