Public officers that fail to ensure there is a proper procurement plan before award of contracts will be liable to three years of imprisonment and a fine of N100,000. Under the Finance Bill 2022, which is currently before the National Assembly, a public officer is required to seek administrative approvals and ensure there is an […]
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A disagreement has broken out among members of the Federal Civil Service Pensioners Branch (FCSPB) over claims of unremitted N200 million check-off dues by the Nigerian Union of Pensioners (NUP). While FCSPB’s Chairman Sunday Omezi accused the NUP of refusing to remit an entitled check-off dues totaling N200 million to his branch’s coffers, some members […]
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CBN Governor Emefiele Nigeria’s foreign reserves grew minimally from $36,944,921,325 on December 19 to $36,953,048,723 on December 22, 2022. The growth happened consecutively in the four days, leading up to the Christmas holidays. The Central Bank of Nigeria (CBN) will start recording accruals into the reserves from tomorrow. However, the December 19 to 22 accretions […]
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The National Bureau of Statistics (NBS) yesterday painted a vivid illustration of how Nigerians have been spending more money to meet their basic food items. In its NBS Selected Food Prices Watch Report for November 2022 released yesterday in Abuja, the bureau reported that prices of selected food items increased in November 2022. The report […]
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. Group urges Okowa, Southsouth governors to resign A prominent support group that worked for former President Goodluck Jonathan, Citizens Network for Peace and Development in Nigeria (CNPDN), has begun grassroots mobilisation in the Southeast and the Southsouth for the presidential candidate of the ruling All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu. Last month, […]
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Indigenous People of Biafra (IPOB) Leader Nnamdi Kanu has called on politicians and businessmen in the Southeast to stop all forms of violence and tension in the zone. Kanu, who has been in the Department of State Service (DSS) custody since June 2021, conveyed the message through his lawyers, who visited him last Thursday. The […]
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. Local stocks bullish Nigerians are showing more confidence in domestic stocks as turnover in the stock market has risen by a quarter to more than N2.18 trillion in the past 11 months. Amidst the decline in the global stock market and spiraling inflation, trading data at the Nigerian stock market showed improved momentum, with […]
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. IGP orders swift investigation . . Sanwo-Olu, NBA seek justice . Sister shares deceased’s last words . Police detain officer over man’s killing A female lawyer identified as Mrs Omobolanle Raheem, has been shot dead allegedly by a police officer in the Ajah area of Lagos State. Mrs Raheem, a member of the Lagos […]
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• G-5 governors on retreat to decide on preferred presidential candidate There was disquiet in the Peoples Democratic Party (PDP) yesterday as the five aggrieved governors relocated to London to finalise decision on who to back for the presidency in next year’s general election. Before they left, the governors had foreclosed working for the presidential […]
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• INEC upbeat on exercise, voters demand improved modalities • Residents disagree over allegations of sharp practices Across the country, anxious Nigerians have been heading to offices of the Independent National Electoral Commission (INEC) to pick up their Permanent Voter Cards (PVCs). The experience, however, has meant different strokes for different folks, with some decrying […]
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