Search Results for: Abuja

The Federal Government, under the leadership of Minister Adelabu, has issued a stern warning to power Distribution Companies (DisCos) regarding the persistent issues surrounding inadequate power supply across Nigeria. Minister Adelabu’s announcement, delivered during a crucial meeting convened to address the escalating power supply crisis, underscores the gravity of the situation. Despite concerted efforts to…

In response to the alarming surge in food prices and the associated strain on living costs, the Federal Government of Nigeria has escalated its efforts to combat food smuggling activities. Recently announced measures indicate a significant crackdown, with a total of 141 trucks intercepted while attempting to smuggle grains and essential food items to neighboring…

In a bid to combat the rising tide of financial crimes within Nigeria’s banking sector, Mr. Ola Olukoyede, the Executive Chairman of the Economic and Financial Crimes Commission (EFCC), has urged bank audit executives to heighten their vigilance and assertiveness. Speaking at the 2024 Annual retreat of the Association of Chief Audit Executives of Banks…

The Federal Government of Nigeria is intensifying efforts to address the persisting issue of exorbitant ticket prices imposed by international airlines. In response to mounting concerns about the affordability of air travel, especially among the middle-income demographic, the government is contemplating imposing penalties on these airlines. Despite prior warnings and discussions aimed at fostering fair…

Fulfillment and Farewell Portuguese manager, Jose Peseiro, bids farewell to the Nigerian national football team, the Super Eagles, as his contract officially expires. Jose Peseiro, whose tenure culminated in a commendable second-place finish at the 2023 African Cup of Nations, expressed his contentment in coaching the West African nation. In a statement issued on Friday,…

Kaduna State Security Council Issues Stern Warning Against Road Blockades and Citizen Harassment The Kaduna State Security Council has vehemently condemned the obstruction of public roads and the intimidation of innocent civilians by protesters. This declaration follows a recent incident where demonstrators blocked the crucial Gonin Gora section of the Kaduna-Abuja Road, disrupting regular commuter…

In a significant development for Nigeria’s financial sector, the head of the Association of Bureaux De Change Operators of Nigeria (ABCON), Aminu Gwadabe, hinted at the possibility of the Central Bank of Nigeria (CBN) permitting Bureaux De Change Operators to resume foreign exchange activities at the official market. This announcement follows an emergency meeting between…

Championing Fairness: Hon. Dennis Idahosa’s Protest for Transparent Electoral Processes In the aftermath of the APC primary election in Edo State, Hon. Dennis Idahosa has emerged as a leading figure advocating for fairness within the party’s electoral framework. With a bold demonstration staged at the party’s headquarters in Abuja, Idahosa amplifies the urgency of addressing…

In a significant move aimed at fostering regional stability and cooperation, the Economic Community of West African States (ECOWAS) has lifted the economic sanctions imposed on Burkina Faso, Mali, and Niger Republic. The decision was reached during an extraordinary summit held at the State House in Abuja on Saturday, February 24. This decision marks a…