Philips Shaibu, the reinstated Deputy Governor of Edo State, has set the record straight on his political affiliation. In a recent interview on Arise TV’s morning show, Philips Shaibu revealed that he has been an unofficial member of the All Progressives Congress (APC) for some time. He explained that his formal exit from the Peoples…
The members of the Nigerian House of Representatives have unanimously voted to reduce their salaries by half for a period of six months. This decision, taken as a gesture of solidarity with the Nigerian populace, aims to address the pressing economic challenges and food insecurity faced by the nation. The lawmakers, who currently earn a…
The Central Bank of Nigeria (CBN) has given the green light for the sale of $20,000 to every Bureau de Change (BDC) in the country. This move is aimed at increasing foreign exchange liquidity in the market and reducing the pressure on the naira. The CBN has fixed the exchange rate at N1,450 per US…
President Bola Ahmed Tinubu has announced plans to provide 36 CNG-fueled buses to labour unions to alleviate the financial burden on workers due to the high cost of living. Each bus has a seating capacity of 100, and will be distributed to the Trade Union Congress (TUC) and the Nigeria Labour Congress (NLC). This gesture…
The Federal Government has revealed plans to introduce a 50% tax on banks’ profits from foreign exchange revaluation in 2023, subject to approval by the National Assembly. This windfall tax, outlined in the proposed changes to the 2023 Finance Act, aims to generate funds for vital projects and initiatives under the “Renewed Hope” program, including…
President Bola Ahmed Tinubu has written to the National Assembly requesting a N6.2 trillion increase in the 2024 Appropriation Act. The request was made in a letter read aloud by Senate President Godswill Akpabio during the Wednesday session in the upper legislative chamber. This adjustment raises the 2024 budget to N34.9 trillion, up from the…
Bella Okagbue, the stunning BBNaija star, has revealed the secrets to her healthy lifestyle, and her fans are taking note! In a recent interview, Bella proudly shared that she doesn’t smoke, and her decision to avoid this harmful habit is just one of the ways she prioritizes her well-being. By sharing her health secrets, Bella…
The Federal High Court in Abuja has taken a decisive step by issuing a bench warrant for the arrest of Dr. Abraham Ehizojie, a medical doctor at the Kuje Correctional Centre. The warrant was issued by Justice Emeka Nwite due to Dr. Ehizojie’s failure to provide a medical report on Binance executive Tygran Gambaryan and…
The Economic and Financial Crimes Commission (EFCC) has successfully secured convictions for four individuals involved in internet fraud. Justice Hauwa’u Bello of the Federal High Court, sitting in Kaduna, delivered the verdicts against Daspan Eric Domshak (a.k.a Batshon Abe), David Awu Tanko (a.k.a Sara Khongs), Emmanuel Caesar Yakubu (a.k.a Jessica Simeon), and Tobi Segun Kazeem….
The Rivers State High Court has granted an injunction restraining the People’s Democratic Party (PDP) from conducting any congress in Rivers State. The court’s decision comes as a response to a lawsuit filed before it, seeking to halt the party’s plans to hold a congress in the state. The injunction specifically names the PDP’s National…
