Blog masonry

Cardoso pushes for skilled graduates to boost finance sector

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reiterated the Bank’s dedication to fostering the next generation of leaders in the financial and social sciences sectors. Cardoso made this assertion during a recent strategic engagement with the President and Chairman of the Governing Council of the Nigerian Economic Society (NES), Adeola Adenikinju, who led a delegation of NES officials and the Nigerian Economics Students Association (NESA) to the CBN headquarters. According to a statement released on […]

10/21/2024 3

News

Police Condemn Rise in Jungle Justice

The Nigeria Police Force has expressed deep concern over the rising cases of jungle justice across the country, warning of its damaging effects on the criminal justice system, the rule of law, and Nigeria’s global image. In a statement issued on Sunday in Abuja, the Force Public Relations Officer, Olumuyiwa Adejobi, condemned the trend as deplorable and barbaric, and stressed the tragic loss of lives and widespread destruction of property. Adejobi described the act as a grave violation of justice […]

10/21/2024 2

News

Defence headquarters warns against calls for military takeover

The Defence Headquarters (DHQ) has issued a stern warning against calls for a military coup in Nigeria, declaring such actions a treasonable offense. The warning comes in response to a viral video circulating on social media that urges the Nigerian military to seize power from President Bola Tinubu's administration. In a statement released on Monday, Tukur Gusau, the Director of Defence Information, emphasized the military's unwavering commitment to preserving and advancing democracy, reaffirming loyalty to President Bola Ahmed Tinubu. The […]

10/21/2024 2

News

Anambra state government responds to killings

The Anambra State Government has confirmed its awareness of the deadly cult-related killings that occurred on Sunday, October 20, 2024, in Nibo, Awka South Local Government Area. In an official statement released on Monday, the Anambra State Commissioner for Information, Law Mefor, acknowledged the loss of lives and condemned the violence. The statement from the Anambra State Government noted that it was aware of the incident and assured residents that decisive steps are being taken to apprehend the perpetrators and […]

10/21/2024 3

World

Trump and Harris trade bitter attacks as elections near

Kamala Harris and Donald Trump have been ramping up personal attacks on each other as the White House rivals blitzed battleground states 16 days before the election. In Pennsylvania, Trump served fries at a McDonald's as he sought to cast doubt on Harris's biographical detail about having worked decades ago at the fast-food chain. The US vice-president was in Georgia, where she tweeted that Trump was “exhausted, unstable, and unfit to be President of the United States”. Polls show the […]

10/21/2024 3

News

NASS moves to reintroduce 5% excise duty on telecom, betting services

The National Assembly is devising to reinstate a 5% excise duty on telecommunications and betting services in Nigeria, despite the previous exemption granted to the telecom sector by former President Muhammadu Buhari. The proposal seeks to impose the excise duty on telecommunications services, gaming, betting, and lottery activities throughout the country. This reinstatement follows President Bola Tinubu’s executive orders on July 6, 2023, which included a suspension of the 5% excise tax on telecommunications to alleviate the financial burden on […]

10/21/2024 2

News

Reps propose sanctions for gas flaring

A bill seeking to prohibit gas flaring in Nigeria, as well as ensure compliance with international standards and promote environmental sustainability may be listed for a second reading on the floor of the House of Representatives next week. Sponsored by the member representing Ikorodu Federal Constituency of Lagos State, Babajimi Benson, the bill seeks to encourage the utilisation of natural gas resources to promote economic growth and reduce carbon emissions. The Federal Government, in 2022, launched the Nigerian Gas Flare […]

10/21/2024 2

News

Gunmen invade Anambra communities

Not less than 13 persons were killed in separate cult-related clashes in various sections of the Nibo community and Nodu-Okpuno Village, both situated in Awka South Local Government Area of Anambra State, on Sunday. According to report, the killings started when violence erupted and escalated around the community during the Nibo Onwa Asaa festival. Eyewitnesses in the community attributed the violence to rival cult groups who invaded the venue of the festival and began shooting sporadically into the air. This […]

10/21/2024 3

World

Kenyan Senate impeaches Deputy President

The Kenyan Senate has impeached Deputy President Rigathi Gachagua, despite a request from his lawyer to delay the proceedings due to Gachagua's hospitalization, as the lawmakers proceeded with the vote on Thursday evening. Senate Speaker Amason Kingi had set a deadline for Gachagua to appear, but his absence led to the impeachment. Gachagua, aged 59, becomes the first deputy president in Kenya’s history to be impeached as the Senate voted on 11 charges, with five counts leading to his removal […]

10/18/2024 2