Catholic Bishops in the country, under the auspices of the Catholic Bishops’ Conference of Nigeria (CBCN), have told President Bola Tinubu that his policies are inflicting untold hardship on Nigerians. The Bishops lamented that there is increasing hunger in the country, unemployment, kidnapping, general insecurity and other crimes are …
Read More »NLC declares two-day national protest over hardship
The Nigeria Labour Congress has declared a two -day national protest on 27th and 28th of February to demonstrate outrage on the mounting hardship and insecurity across the country. The NLC said if its demands are not met after the nationwide protests, it would issue a seven-day …
Read More »CBN bars foreign oil firms from repatriating 100% FX proceeds at once
The Central Bank of Nigeria (CBN) has stopped international oil companies from repatriating 100% foreign exchange proceeds to their mother companies overseas at once. The apex bank said international oil companies can repatriate 50% of their proceeds in the first instance and then the other half after 90 …
Read More »FG to borrow N2.5trn through bond, says DMO
The Debt Management Office (DMO) has said that the Federal Government is seeking to raise N2.5 trillion in its second bond auction of the year. In a circular issued on Wednesday, DMO stated that the offerings consisted of N1.25 trillion with a maturity date of February 2031 and another …
Read More »We will resume payment of N35,000 wage awards to workers – FG
The Nigerian federal government has assured the organized labour that it will resume the payment of N35,000 wage awards to public workers this week. The commitment was affirmed by the Minister of State for Labour and Employment, Nkeiruka Onyejeocha, during a meeting with representatives of the Nigeria Labour Congress …
Read More »FG declares CBN staff, others wanted for forging Buhari’s signature to steal $6.2m
The Federal Government yesterday declared a staff of the Central Bank of Nigeria. CBN, Odoh Ocheme, and two other persons are wanted for allegedly forging the signature of former President Muhammadu Buhari to steal $6.2m cash from the apex bank. In a letter addressed to the Assistant Inspector …
Read More »President Bola Tinubu has directed cement companies to revert to old price – David Umahi
Minister of Works, Senator David Umahi has said that President Bola Tinubu has directed cement companies in the country to revert to their old price. Addressing newsmen in Sokoto on Thursday, February 29, Umahi said Tinubu gave the directive to achieve his massive housing programme and concrete roads plan. He …
Read More »President Bola Tinubu suspends Betta Edu over N585million ‘fraud’
President Bola Tinubu has ordered the immediate suspension of the Minister of Humanitarian Affairs and Poverty Alleviation, Dr. Betta Edu, from office. This follows the allege fraud she was embroiled in involving the approval of N585,198,500 to be disbursed into a personal account. Special Assistant to the President on …
Read More »President Tinubu’s New Year’s address to Nigerians contained 13 noteworthy quotes
President Tinubu’s New Year address to Nigerians is filled with messages of hope and encouragement for the year 2024. The president started by highlighting that he understands the plight of Nigerians and that tough times never last. Here are 13 notable quotes from the president’s speech: 1. “Everything I have …
Read More »Aiyedatiwa becomes Ondo governor
The acting governor of Ondo state, Lucky Aiyedatiwa, has been sworn in as the substantive governor of the state. Aiyedatiwa’s swearing in was conducted by the Chief Judge of Ondo state following the demise of late governor Rotimi Akeredolu in the early hours of Wednesday, December 27, in Germany. …
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