The Central Bank of Nigeria (CBN) plans to expand the use of its digital currency, eNaira, to facilitate payments into government accounts and allow Ministries, Departments, and Agencies (MDAs) to initiate vendor and beneficiary payments. This is according to the CBN’s newly released Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines for Fiscal Years 2024-2025…
In the dynamic landscape of governance, where leadership is often defined by the ability to connect with the people and address their needs, Hon Kevin Solomon Olaolu has emerged as a beacon of hope and progress in His Excellency Lucky Orimisan Aiyedatiwa’s administration. As the Senior Special Assistant on Students Affairs, Hon KSO has not…
Over 35 Muslims on their way to Samunaka in Kaduna State, to celebrate Maulud, died in a ghastly motor accident when the J5 bus conveying them had a head-on collision with an articulated vehicle near Samunaka, in Lere Local Government Area of Kaduna State. Although the authorities were yet to react to the incident, one…
The Independent National Electoral Commission (INEC) has directed Julius Abure to cease parading himself as the National Chairman of the Labour Party. This stance was outlined in a counter-affidavit filed by Ayuba Mohammed, an Executive Officer in INEC’s Litigation and Prosecution Department in suit NO. FHC/ABJ/CS/1271/2024, in response to a suit brought by the Labour…
Three students of Iseyin College of Health Science and Technology, Oyo State, have been remanded for allegedly causing the death of their colleague. They were remanded on Tuesday by an Iyaganku Chief Magistrates’ Court in Ibadan. The trio, Shodimu Halima, 18; Agbedun Zainab, 23, and Olaleye Oladunni, 23, are facing a two-count charge bordering on…
President Bola Tinubu has signed into law, a new bill for the Establishment of the National Centre for the Control of Small Arms and Light Weapons. This was disclosed by the National Security Adviser, Nuhu Ribadu at a workshop on Gender Mainstreaming in Preventing the Proliferation of Small Arms and Light Weapons in Nigeria and…
The Central Bank of Nigeria (CBN) has confirmed that it will sustain its Ways and Means Advances to the federal government at a 5 per cent limit for the fiscal years 2024-2025. The latest development is contrary to a bill passed by the National Assembly which raised the maximum borrowing percentage in the Act from…
Nigerian activist Aisha Yesufu has warned Peter Obi, the Labour Party’s presidential candidate from the 2023 election, that she will actively campaign against him if he chooses to run as Vice President under another candidate in the 2027 presidential election. In a video statement released on Monday, Yesufu questioned why Nigerians often seem to settle…
Operatives of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) have arrested a former Commissioner of Finance and Accountant General in Kaduna State, under Nasir el-Rufai’s administration, Shizzer Joy Nasara Bada, at the Lagos Airport. Bada was reportedly travelling out of the country on Sunday when ICPC operatives apprehended her at the Murtala…
The Federal Government has launched an eight-point plan to generate at least $100 billion and create over two million jobs from Nigeria’s creative economy yearly. The plan, unveiled by the Minister of Art, Culture and the Creative Economy, Hannatu Musa Musawa, at a roundtable for local and international investors in Lagos, has the potential to…