“Nigerian roads are bad, we want something we can maintain for 4 years” —Senate speaks on exotic vehicles for members The Senate has justified the purchase of 360 Sports Utility Vehicles for its members. The Red Chamber was, however, silent on the actual cost of each vehicle but explained that members preferred the imported SUVs...
Dollar May Hit N2,000 Before Christmas — Atiku’s Aide Warns As Naira Crashes To N1,310 Daniel Bwala, one of the spokespersons for former Vice President Atiku Abubakar, has expressed concerns that the Nigerian Naira may face a daunting depreciation, possibly reaching an alarming exchange rate of N2,000 to a US dollar before the upcoming Christmas...
Naira hits 1060/$ as MAN kicks at policy reversal The crises festering in Nigeria’s currency exchange market doubled down yesterday with the local currency depreciating further across all segments of the market. The market yesterday indicated that the Naira went down from N1,100 to USD1.0 mid-day in the parallel market before settling at N1,060 in...
Bola Tinubu sets to block FBI, CIA, other U.S. agencies from releasing confidential files as October ending deadline looms It was reported in September that from October, the FBI would start releasing approximately 2,500 documents relating to President Tinubu in its database. According to The Gazette, Christopher Carmichael, one of the lawyers who represented Mr...
Maiduguri Prostitutes set to embrace remote-work as Governor orders demolition of brothels, others The Executive Governor of Borno State, Babagana Zulum, has ordered the demolition of illegal brothels and criminal dens notorious for prostitution , gangsterism and other illicit activities in Maiduguri, the state capital. The governor gave the order during a visit to ‘Bayan...
Federal Government Gets $400m Loan From World Bank For Conditional Transfer To 15million Households Federal Government has approached the World Bank for a fresh loan of $400m for the conditional cash transfer to 15 million households as one of the measures to cushion the effects of petrol subsidy removal on Nigerians, according to The Punch....
President Tinubu Appoints Omotola Odeyemi Postmaster General Of Nigeria One of the most deliberate yet worthy appointments by President Bola Ahmed Tinubu is the appointment of Omolola Odeyemi. Fittingly appointed as the Postmaster General of the Federal Republic of Nigeria, the young, savvy and intelligent Odeyemi has been tasked with the duty to serve as...
Tinubu Removes FCTA Out Of TSA, Allows Wike Generate IGR President Bola Tinubu has pulled the Federal Capital Territory Administration ( Facts) out of the Treasury Single Account (TSA). This, he said, would allow Nyesom Wike-led FCTA to use the territory’s Internally Generated Revenue IGR for the development of the nation’s capital. on Friday, also...
Army general bags seven years imprisonment for stealing $2.1m, N1.65b funds A Nigerian Army Special Court-martial sitting in Abuja on Tuesday, October 10, sentenced a former Group Managing Director, Nigerian Army Properties Limited, Maj.-Gen. Umar Mohammed, to seven years imprisonment for stealing the sum of $2,178,900 and N1.65 billion belonging to the Nigerian Army Property...
We caught two suspected fraudsters in Skales’ residence — EFCC Confirms Arrest Of 2 Suspected Internet Fraudsters At Singer Skales’ Residence The Lagos Zonal Command of the Economic and Financial Crimes Commission (EFCC) has confirmed the arrest of two suspected internet fraudsters at House F10, Victoria Crest 4, Lekki, Lagos. In a statement issued by...
