My policies are strategic, Nigeria is on path to prosperity — Tinubu

President Bola Tinubu has assured Nigerians that his administration’s policies are carefully designed to foster long-term national wealth and prosperity. Delivering a message through the Minister of Information and National Orientation, Mohammed Idris, at the 2024 Nigerian Media Merit Awards held at the Muson Centre, Lagos, Tinubu highlighted the critical role of reforms in reshaping […]

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Bill to ban use of dollars, foreign currencies in Nigeria passes first reading at Senate

A bill seeking to prohibit the use of foreign currency in Nigeria has passed first reading in the House of Senate. The bill was sponsored by the Chairman of the Senate Committee on Reparations and Repatriation, Senator Ned Nwoko. The bill, titled “A Bill for an Act to Alter the Central Bank of Nigeria Act, […]

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EFCC arraigns bankers for ‘selling N500k’ mint notes

The Economic and Financial Crimes Commission (EFCC) Enugu zone, says it has arraigned two bankers for allegedly selling mint naira notes (valued at N500,000) to customers. In a statement on X on Tuesday, the EFCC said the bankers, Ekpe Okoronkwo and Umeonuoha Onyinye, staff of one of the new generation banks. The commission said the […]

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Garba Shehu slams Obasanjo in birthday tribute to Buhari

Former presidential spokesman Garba Shehu has taken a swipe at former President Olusegun Obasanjo in a birthday tribute to former President Muhammadu Buhari, who turns 82 today. In his birthday message to his former boss, Shehu criticised Obasanjo for undermining his successors while praising Buhari for staying away from Abuja to give the new administration […]

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We deceived Nigerians, Buhari’s ex-minister makes startling confession

Ex-minister of Youth and Sports, Solomon Dalung, has admitted that the immediate-past Muhammadu Buhari-led administration deceived Nigerians during its eight-year tenure. He made the revelation during an interview on the ‘Mic On Podcast’ with popular TV achor, Seun Okinboloye. Dalung, a member of the Federal Executive Council (FEC) during Buhari’s first term in office between […]

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No chance for APC in Rivers, Fubara will be reelected – PDP

The Edwin Woko-led faction of the Peoples Democratic Party (PDP) in Rivers State, has boasted that the All Progressive Congress (APC) stands no chance of being elected in the 2027 governorship election. The PDP’s statement was in reaction to APC chairman, Abdullahi Ganduje, who declared his party’s readiness to unseat Governor Sminilayi Fubara in the […]

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Senate passes 2024 Nigerian Insurance Industry Reform Bill

The Senate has passed the 2024 Nigerian Insurance Industry Reform Bill. This followed the adoption of the report from the Committee on Banking, Insurance, and Other Financial Institutions at plenary on Tuesday. The report was presented by the Chairman of the Committee, Senator Abiru Adetokunbo (APC-Lagos). Senator Adetokunbo, while presenting the report, noted that the […]

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Senate passes 2024 Nigerian Insurance Industry Reform Bill

The Senate has passed the 2024 Nigerian Insurance Industry Reform Bill. This followed the adoption of the report from the Committee on Banking, Insurance, and Other Financial Institutions at plenary on Tuesday. The report was presented by the Chairman of the Committee, Senator Abiru Adetokunbo (APC-Lagos). Senator Adetokunbo, while presenting the report, noted that the […]

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Recurrent cash scarcity is unacceptable

NIGERIA is grappling with another severe cash scarcity, disrupting daily life and economic activities nationwide. The acute cash shortage across all states is compounding the hardship facing Nigerians who have endured an unprecedented price spike over the past 18 months. Despite the CBN’s assurance regarding sufficient cash supply, the scarcity has persisted, with millions of […]

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Yuletide: Tinubu approves free train rides for two weeks

President Bola Tinubu has approved free train rides nationwide from December 20, 2024, to January 5, 2025. This is part of measures to ease transportation costs during the Christmas and New Year celebrations, the Minister of Information and National Orientation, Mohammed Idris, told State House correspondents in Abuja. Idris explained, “As we did last year, […]

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