Mr. Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), provided comprehensive insights to the National Assembly Joint Committees on Banking, Insurance & Other Financial Institutions, and Banking Regulations. The briefing aimed to shed light on the recent activities of the CBN and assess the overall performance of the Nigerian economy. The governor…
The Kano State Government finds itself embroiled in a legal tussle following the unlawful demolition of properties belonging to the Incorporated Trustees of Masallacin Eid Shop Owners and Traders Association. The demolition, executed on Governor Abba Yusuf’s order, led to the filing of a lawsuit by 56 applicants on behalf of the association in the…
Former Nigerian President Olusegun Obasanjo has offered his readiness to provide testimony in any forum regarding the disputed $2.3 billion Mambilla power contract involving former Minister of Power and Steel, Olu Agunloye. This declaration aims to assist the Federal Government in resolving the ongoing arbitration with Sunrise Power at the International Chamber of Commerce (ICC)…
Kizz Daniel, the acclaimed Nigerian singer behind chart-topping hits such as Woju, Mama, Buga, my Gee, etc recently revealed a previously undisclosed layer of his heritage. The revelation, made on Tuesday, sheds light on the artist’s dual heritage, encompassing both Fulani and Yoruba roots. This unexpected disclosure defies prior assumptions that Kizz Daniel’s Fulani lineage…
President Tinubu has recently issued a groundbreaking directive to the Ondo State House of Assembly, commanding the swift transfer of power to Deputy Governor Lucky Aiyedatiwa. This unexpected development has created ripples across Ondo’s political arena, introducing a paradigm shift in leadership dynamics. The President’s call for an immediate and unconditional transfer, anchored in the…
The Federal Government, led by Minister of Power, Mr Adebayo Adelabu, has unveiled plans to restructure the Transmission Company of Nigeria (TCN) in line with the Electricity Act 2023 and industry demands. The proposed restructuring involves creating two distinct entities: the Independent System Operator (ISO) and the Transmission Service Provider (TSP). This move is seen…
Bode George, a prominent figure in the People’s Democratic Party (PDP), emphasized concerns over the Labour Party’s electoral viability. George asserted that the Labour Party lacks the necessary structure to succeed in national elections, describing it as a movement without a solid root. He urged former PDP member Peter Obi to reconsider his affiliation with…
The Fulako Initiative, spearheaded by President Bola Ahmed Tinubu, represents a paradigm shift in addressing the pervasive issues of banditry and kidnapping in Northern Nigeria. This holistic strategy, as outlined by Minister Idris Malagi, covers a spectrum of essential areas, ensuring a multifaceted response. The plan extends its reach across six northern states—Zamfara, Kebbi, Kaduna,…
During Monday’s budget defense session at the National Assembly, the Federal Government openly recognized the adverse outcomes stemming from the previous administration’s naira redesign policy. This admission, delivered by Senator Abubakar Kyari, the Minister of Agriculture and Food Security, sheds light on the profound consequences experienced by farmers. The acknowledgment underscores the pressing need for…
President Tinubu’s Vision boldly laid out in his recent CNN op-ed, and is crucial to highlight some of the key issues encapsulated in the op-ed. President Bola Ahmed Tinubu, leading Nigeria and chairing ECOWAS, outlined a comprehensive vision for addressing climate change and promoting sustainable development in the region. With a population exceeding 200 million,…
