The Federal Government of Nigeria is set to enact a groundbreaking economic measure designed to invigorate revenue streams beyond the oil sector. In a strategic move to mitigate the nation’s reliance on oil, subject to volatile global prices, this initiative marks a pivotal shift towards economic diversification. Wale Edun, serving as both the Minister of…
In a notable moment during Eid-al-Fitr prayers in Lagos, President Bola Ahmed Tinubu delivered a compelling address, emphasizing the importance of unwavering faith in his administration and fostering a strong sense of patriotism among Nigerians. His direct engagement with citizens during religious celebrations underscores his dedication to transparent leadership and strengthens the connection between the…
The All Progressives Congress (APC) has demonstrated its dedication to transparent and equitable electoral processes by rescheduling the Ondo State gubernatorial aspirants’ screening. The decision, prompted by the Federal Government’s declaration of a recent public holiday, underscores the party’s commitment to upholding democratic principles. By prioritizing fairness and inclusivity, the APC aims to provide a…
In a recent development concerning the Lagos-Calabar Coastal Road project, the Minister of Works, Dave Umahi, has vehemently refuted claims made by former Vice President Alhaji Atiku Abubakar regarding the project’s scope and economic significance. Dave Umahi, while visiting the ongoing rehabilitation of the Enugu-Port Harcourt dual carriageway, criticized Atiku’s analysis as a distortion of…
The Arewa Group, a prominent socio-political organization in Northern Nigeria, has publicly condemned the actions of Peter Obi, a political figure from the Southern region. The group expressed strong disapproval of Obi’s recent endeavor to construct a borehole in a Northern community, citing its substandard quality and the inclusion of Obi’s name on the project…
The Economic and Financial Crimes Commission (EFCC) has issued a stern warning to establishments across Nigeria, cautioning against the unlawful practice of demanding payments in dollars from local customers. The chairman of the EFCC, Ola Olukoyede, made this announcement in the latest edition of the commission’s monthly e-magazine, EFCC Alert, on Monday. Olukoyede emphasized that…
In a dramatic turn of events, the Nigeria Labour Congress (NLC) has declared the Labour Party nationwide convention that reinstated Julius Abure and his National Working Committee as null and void. This decision, announced on Monday, has sent shockwaves through the political landscape, throwing the Labour Party into disarray. According to a statement released by…
Tensions within the People’s Democratic Party (PDP) have reached a boiling point as a group of sixty lawmakers has signaled their potential departure from the party unless significant changes are made at the leadership level. Led by Hon. Ikenga Ugochinyere, a representative from Imo State, and five other legislators, the group aired their grievances during…
The Economic and Financial Crimes Commission (EFCC) takes a crucial step by arraigning Binance Holdings Ltd and one of its executives, Tigran Gambaryan, before Justice Emeka Nwite of a Federal High Court in Abuja. The charges brought against them, totaling $34.4 million, include tax evasion, currency speculation, and money laundering. This high-profile case underscores the…
The Economic and Financial Crimes Commission (EFCC) has made significant strides in its investigation into the suspended Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, and the former CEO of the National Social Investment Programme (NSIPA), Halima Shehu. Under the leadership of Executive Chairman Ola Olukoyede, the EFCC has recovered a staggering N30 billion…
