CBN: Foreign oil firms prohibited from 100% repatriation of FX revenue
The Central Bank of Nigeria (CBN) has prohibited International Oil Companies (IOCs) from repatriating all their foreign exchange earnings to their parent companies abroad. Commencing immediately, the policy restricts foreign oil firms from repatriating 50 percent of their proceeds in…
Anambra Assembly extends tenure of LG transition committee chairs
The Anambra State House of Assembly on Thursday screened, confirmed and extended the tenure of 21 people nominated by Governor Chukwuma Soludo as the chairs of the Local Government Transition Committee. The House speaker, Somtochukwu Udeze, read a letter dated…
Stop running Rivers without budget- APC to Fubara
The caretaker chairman of the All Progressives Congress (APC) Rivers State chapter, Chief Tony Okocha has urged Governor Siminalaye Fubara to stop running the state without a budget. Okocha also advised the governor to obey the peace agreement of President…
BREAKING: FG, governors agree to establish state police
• As Tinubu directs NSA, DSS DG, IGP to go after food hoarders The federal government and governors of the 36 states of the federation have agreed to set up state police as the nation struggles to curtail insecurity. The…
Ghana’s President Removes Finance Minister In Reshuffle
Ghana’s president removed his finance minister in a sweeping reshuffle on Wednesday ahead of December elections where an economic crisis looks set to take centre stage. Ken Ofori-Atta will be replaced by lawmaker Mohammed Amin Adam, according to a presidency…
UK, Japan economies slip into recession
The United Kingdom’s economy has entered a recession as its gross domestic product (GDP) fell by 0.3 percent in December 2023. According to the UK’s Office for National Statistics (ONS), the fall in GDP was due to a decline in…
Just In: Osun LG Elections Holds February 2025- OSIEC
Osun State Electoral Commission, OSIEC has announced that local government elections in the state will be held on the 22nd of February, 2025. OSIEC Chairman, Barrister Hassim Abioye made this known on Thursday, in Osogbo, the Osun state capital. Details…
NNPP poses for victory in Osun LG election – Odeyemi
As plans are on top gear for the conduct of local government election in Osun State, leadership of New Nigeria Peoples Party (NNPP) has expressed optimism in winning some councils. NNPP chairman, Dr. Tosin Odeyemi made this known after a…
Ondo PDP state chairman is dead
The Ondo State Chairman of the Peoples Democratic Party, Mr Fatai Adams, is dead. Details of his death remained sketchy, but sources told Vanguard that he passed on in the early hours of today( Wednesday). Contacted, the state publicity secretary…
Nwabali begs fans after AFCON final loss
Super Eagles goalkeeper, Stanley Nwabali, has offered an apology to fans following Nigeria’s 2-1 defeat to Ivory Coast in the final of the 2023 Africa Cup of Nations at the Alassane Ouattara Stadium in Abidjan on Sunday. William Troost-Ekong’s header…