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…
The Federal Government has ordered an immediate suspension of the reconstruction work on the Eleme-Onne section of the East-West Road in Rivers State. Minister of Works, David Umahi, delivered this directive during a media chat in Port Harcourt. Umahi’s decision stemmed from the discovery of sub-standard materials being used by the contractor responsible for the…
Burkina Faso, Mali, and Niger jointly announced their immediate departure from the Economic Community of West African States (ECOWAS) in a press release broadcasted on Niger national television. The joint statement, delivered by Colonel Amadou Abdramane, the spokesman for the Niger junta, revealed that after 49 years of membership, the three nations express regret and…
Kick Off and Early Attempts The Round of 16 match in the ongoing Africa Cup of Nations (AFCON) 2024 kicked off with an intense start. In the 3rd minute, Mohamed Bayo of Guinea attempted a right-footed shot from the right side of the box, narrowly missing the target. Assisted by Morgan Guilavogui, this early attempt…
The federal government has initiated an investigation into serious allegations of corruption leveled against Vice Admiral Emmanuel Ogalla, the Chief of Naval Staff. The accusations suggest his involvement in providing security for oil thieves and receiving substantial sums in return, contradicting the government’s proclaimed war against oil theft. The Ministry of Defence, led by Minister…
In yet another twist of events, the ongoing negotiations between Niger and ECOWAS have hit a roadblock, leaving the citizens disheartened. The hopes, fueled by the anticipation of relief from the ECOWAS and WAEMU sanctions, have once again been dashed. The elusive resolution to the crisis in Niger seems akin to a horizon that continually…
Assessment Preparation for Ministerial Performance In a strategic move, President Tinubu ordered 140 officials to evaluate the performance of ministers and MDs in federal agencies. This proactive measure is in anticipation of the impending first assessment exercise scheduled for the end of the month. The officials, selected from 35 federal government entities, including ministries and…
In a strategic move aimed at solidifying their political dominance in the country, the All Progressives Congress (APC) National Chairman, Abdullahi Ganduje, has made a fervent appeal to Governor Abba Yusuf of Kano to switch allegiance from the NNPP to the APC. This development unfolded during a stakeholders meeting in Kano on Thursday, where All…
