Addressing Naira Depreciation, Bureau De Change Implements ‘No Sales Policy In a swift response to the alarming depreciation of the naira, the Bureau De Change (BDC) union has proactively initiated a ‘no sales policy.’ This pivotal decision, borne out of thorough deliberations, is geared towards curbing the detrimental impacts on the national currency. The implementation…
Chief of Staff’s Femi Gbajabiamila Complaint Femi Gbajabiamila, Chief of Staff to the President, has officially filed a complaint with the State Security Service (SSS) addressing what he deems as a barrage of false allegations and a sustained campaign of calumny against him. The letter, titled “Request for Investigation of False Allegations and Sustained Campaign…
The Ogun State Police Command has taken decisive action by dismissing three officers—Cpl Idowu Sunday, Inspectors Taiwo Kolawole, and John Ogbe—attached to Ijebu Ife in Ijebu East local government. The dismissal follows an ordeal room trial after the officers were found guilty of extorting Three Hundred and Twelve Thousand Naira from a student of Tai…
Vice President Kashim Shettima astounds the nation by revealing Prof. Ishaq Oloyede’s unprecedented achievement as the first Registrar of the Joint Admission and Matriculation Board (JAMB) to generate over N50bn for the Federal Government within a year. Shettima, representing President Bola Tinubu at a public engagement by the Economic and Financial Crimes Commission (EFCC), dropped…
The scourge of kidnappers in Ekiti State and in Nigeria generally has intensified recently. In this particularly recent case, the perpetrators (kidnappers) behind the abduction of five pupils from the Apostolic Faith Group of Schools, Emure Ekiti, and four staff members have demanded a hefty N100 million ransom for their release. Boje Olanireti, the principal…
The Federal Government, through the Ministry of Solid Minerals Development, has granted approval for approximately 499 licenses for the buying and selling of solid minerals in the year 2023. This announcement was made by the Minister of Solid Minerals Development, Dele Alake, during his keynote address at the BusinessDay Solid Mineral Conference held in Abuja…
Governor Usman Ododo’s Denies Alleged Creation of Office Governor Usman Ododo’s: The government of Kogi State has blatantly denied the existence of an office for the immediate past governor, Alhaji Yahaya Bello. In a press release signed by Oladele John NIHI, Chief Press Secretary to Governor Usman Ododo, the government labeled the news as a…
Commendation for Oil Revenue Directive Senate Chief Whip Ali Ndume has praised President Bola Ahmed Tinubu for his recent directive to the Nigerian National Petroleum Corporation Limited (NNPCL) to channel all crude oil proceeds into the Consolidated Revenue Fund at the Central Bank of Nigeria (CBN). Speaking in Abuja, Ndume emphasized the significance of this…
CBN Cracks Down on Misreporting: A Warning to Forex Market Dealers The Central Bank of Nigeria (CBN) has taken a strong stance against authorized dealers in the foreign exchange market, urging them to cease the dissemination of inaccurate and misleading information regarding financial transactions. In a recent circular addressed to all market participants, the Central…
Governor Makinde Unveils Presidential Candidates’ Response to Ibadan Explosion Oyo State Governor Seyi Makinde disclosed that Atiku Abubakar, a key figure in the People’s Democratic Party (PDP), has not reached out to him following the recent explosion in Ibadan. The governor made this statement during a visit by Peter Obi, the presidential candidate of the…
