January 2024
Senate panel summons CBN Governor over state of economy
The Senate Committee on Banking, Insurance and other Financial Institutions, on Wednesday, summoned the Governor of the Central Bank of Nigeria, Yemi Cardoso, over the state of the nation’s economy. Chairman of the Committee, Adetokunbo Abiru (APC, Lagos East) directed the CBN governor to appear before the lawmakers on Tuesday next week by 3 p.m. […]
‘No going back on FAAN relocation to Lagos’ — Keyamo
Amid the controversy surrounding the move by the Federal Government to relocate the headquarters of the Federal Airports Authority of Nigeria, FAAN from Abuja to Lagos, the Minister of Aviation and Aerospace Development, Festus Keyamo has declared that there is no going back on the decision. The minister spoke on Wednesday when he appeared on […]
Jonathan Leads Commonwealth Mission To Observe Pakistan’s Election
The Commonwealth has appointed former President Goodluck Ebele Jonathan as head of its Election Observation Mission to Pakistan to observe the general elections scheduled for Feb. 8. Ikechukwu Eze, Special Adviser to Jonathan said this in a statement on Wednesday in Abuja. He said that Jonathan would lead a group of multidisciplinary experts from across […]
Navy Destroys 3 Illegal Refineries In Bayelsa
The Nigerian Navy Forward Operating Base, FORMOSO, in Bayelsa, destroyed three illegal refining sites between Sunday and Tuesday, Capt. Murtala Rogo, the Commanding Officer, stated on Wednesday in Brass. He stated that 50,000 litres of products suspected to have been produced from stolen crude oil were recovered from the sites. Rogo added that the operation […]
Ibadan Explosion: Makinde Signs Executive Order Compelling Declaration Of Harmful Substance Within 24 Hours
Governor Seyi Makinde of Oyo State has signed Executive Order 001 of 2024 on the Safe Handling and Storage of Harmful Substances Within Oyo State. The order was signed to prevent the kind of deadly explosion that rocked the state capital, Ibadan, on Tuesday, January 16. It was reported that the explosion left at least […]
BBC documentary: Youtube removes TB Joshua’s Emmanel TV channel
Amid sexual and assault allegations against the founder of the Synagogue Church of All Nation, SCOAN, Prophet TB Joshua, YouTube has removed the church’s main channel. Emmanuel TV is used to broadcast the religious activities performed by the church. This is coming on the heels of the controversial documentary reports by the British Broadcasting Corporation […]
Femi Otedola appointed as new chairman of FBN Holdings
FBN Holdings Plc, a leading financial institution in Nigeria, has announced the appointment of Mr. Olufemi Peter Otedola, CON, as its new Chairman of the Board of Directors. This appointment, effective January 31, 2024, follows a recent meeting of the board where Mr. Otedola succeeds Alhaji Ahmad Abdullahi. Mr. Otedola, a renowned business mogul with […]
BREAKING: Court Orders Arrest Of Fubara’s Chief Of Staff For ‘Terrorism’
A Federal High Court in Abuja has issued a bench warrant against the Chief of Staff to Governor Siminalayi Fubara, Edison Ehie, over the burning of the Rivers State House of Assembly complex. Justice Emeka Nwite on Wednesday also ordered the arrest, investigation and trial of Jinjiri Bala, Happy Benedict, Progress Joseph, Adokiye Oyagiri, and […]
CBN Issues Fresh Requirements to Mitigate Foreign Currency Risks
The Central Bank of Nigeria (CBN) Wednesday expressed concern over the growth in foreign currency exposures of banks through their Net Open Position (NOP). The central bank disclosed this in a circular to all banks dated January 31, 2024 and signed jointly by Director, Trade and Exchange, Dr. Hassan Mahmud and Mrs. Rita Ijeoma Sike, […]
Wike won’t stop fighting until you’re impeached, Primate Ayodele tells Fubara
The leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele has revealed that the former governor of Rivers, Nyesom Wike is hellbent on grounding the current governor of the state, Sim Fubara until the latter is disgraced out of office through the minister’s loyalists. In a statement signed by his media aide, Primate Ayodele advised […]