News

Senate has embarked on a legislative move to establish the Federal University of Agriculture and Entrepreneurship in Bama, Borno States. The move got overwhelming support from all stakeholders during a public hearing held on Monday in Abuja. At the public hearing organised by the Senate Committee on Tertiary Education and TETFund, the sponsor of the bill, Kaka Lawan said the sad trend of the quest for white-collar jobs with the […]

Governor Alex Otti of Abia State has approved the release and publication of the White Paper report of the full visitation panel of the Abia State University, Uturu. The governor also approved the appointment of a new Vice Chancellor, Ndukwe Okeudo, a new management team and a new governing council for the university. This was made known by the Abia State Commissioner for Information, Okey Kanu, at government house Umuahia […]

The Federal Government has confirmed the arrest of three Chinese nationals and two Nigerians suspected of illegal mining in Nasarawa State. The Minister of Solid Minerals Development, Dele Alake, made the disclosure in a statement by his Special Assistant on Media, Segun Tomori, on Monday in Abuja. Alake said that the suspects were arrested at an illegal mining site located at Rafin-Gabas, Agwada, in Kokona Local Government Area following credible […]

The Federal Capital Territory Police Command disclosed that a member of the House of Representatives, Alex Ikwechegh was interrogated at its Maitama Divisional Headquarters. The command spokesperson, Josephine Adeh disclosed this to newsmen on Monday. Ikwechegh, who represents Aba North & South Federal Constituency, was alleged to have assaulted an e-hailing (Bolt) driver, Stephen Abuwatseya. According to a trending video, the lawmaker slapped the driver When he requested the delivery […]

The International Finance Corporation (IFC), a World Bank Group member, and the Central Bank of Nigeria (CBN) have announced a new agreement to expand local currency financing, aiming to unlock over $1 billion in investments across essential sectors of the Nigerian economy. In a joint statement issued Monday, IFC Managing Director Makhtar Diop and CBN Governor Yemi Cardoso outlined the initiative, which will provide naira-based funding to sectors including agriculture, […]

The Central Bank of Nigeria (CBN) has announced its commitment to facilitating Nigeria's removal from the Financial Action Task Force’s (FATF) "grey list" of jurisdictions under increased monitoring for anti-money laundering, a status the country was placed on as of February 24, 2024. This update was provided by CBN Deputy Governor, Philip Ikeazor during a meeting with Nigerian diaspora members on the sidelines of the IMF meetings in Washington, DC. […]

Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga has refuted claims that the president holds the position of Nigeria's petroleum minister. During an appearance on a interview on Sunday, Onanuga clarified that Tinubu has never assumed the title, emphasizing that the oil sector is managed by two appointed ministers. Onanuga clarified that President Tinubu has never identified himself as the Minister of Petroleum, attributing the title […]

The direct payment of statutory allocations to Local Government Areas is set to kick start by November 2024. This development is coming after barring any last-minute resistance from state governors. The National President, National Union of Local Government Employees, Hakeem Ambali, disclosed the latest information during an exclusive interview with one of our correspondents on Sunday. This was as the Economic and Financial Crimes Commission assured of its commitment to […]

Presidential spokesperson, Bayo Onanuga, has insisted that President Bola Tinubu is deeply aware of the struggles Nigerians face, reacting to accusations that the President is indifferent to citizens’ hardships. Speaking during an interview on Sunday, Onanuga dismissed social media nicknames labelling Tinubu as “T-pain”. He described the nickname as mischievous while reiterating that the President is committed to turning Nigeria’s economic fortunes around. Onanuga’s comments follow criticisms that have berated […]