The Executive Vice Chairman of the Nigerian Communications Commission, Aminu Maida, has said that the NCC, in collaboration with the Central Bank of Nigeria and the Securities and Exchange Commission, is working to strengthen the regulatory framework governing the financial technology sector in the country. Speaking at the ongoing Nigeria Fintech Week in Lagos on […]

The Senate, on Wednesday, expressed alignment with the Supreme Court judgment of July 11, 2024, which granted financial autonomy to the 774 Local Government Areas across the country. It faulted moves by some governors to enact laws to mandate the local government councils in their states to remit allocations into a joint account. The Anambra […]

The Federal Government, under the leadership of President Bola Tinubu, has secured loans worth $6.45bn from the World Bank in just 16 months. The amount increased to the new figure following the recent approval of three new loans totaling $1.57bn from the World Bank for various projects in Nigeria and is expected to increase further […]

The Presidential Candidate of the Labour Party in the 2023 election, Peter Obi and members of the 29-man caretaker committee set up by stakeholders have announced that they will appeal Tuesday’s judgment affirming Julius Abure as the National Chairman. The move comes a few hours after a Federal High Court sitting in Abuja declared the […]

… and save Africa’s $17bn petrol products imports Nigeria must enhance its crude oil production capacity and effectively manage its crude supply to ensure adequate feedstock for domestic refineries, to transit from a net importer to a net exporter of petroleum products. Chairman of Dangote Refinery and Petrochemicals Company Limited, Aliko Dangote, made this assertion […]

The Supreme Court, on Tuesday, fixed October 22 for the hearing of a suit filed by at least 16 state governments challenging the constitutionality of the laws establishing the Economic and Financial Crimes Commission (EFCC) and two others. A seven-member panel of justices, led by Justice Uwani Abba-Aji, fixed the date after the states were […]

Mr. Peter Obi, the Labour Party’s presidential candidate, has reacted to Julius Abure’s Court victory, stating that they are reviewing recent developments. This comes after Abure was affirmed as the substantive Chairman of the Labour Party by the Federal High Court in Abuja. Abure expressed gratitude and forgiveness, calling the victory “a triumph for justice […]

insists post must go to Benue Zone B A fresh push to remove Ambassador Iliya Damagum from his role as the acting national chairman of the People’s Democratic Party (PDP) has emerged, spearheaded by Engineer Conrad Utaan, a chairmanship aspirant from Benue State. Launching the move in Abuja on Wednesday, he highlighted the party’s longstanding […]