The Central Bank of Nigeria has announced the introduction of an Electronic Foreign Exchange Matching System aimed at transforming the country’s foreign exchange market. This new system is set to be operational in the Nigerian Foreign Exchange Market by 1 December 2024, following a two-week test run scheduled for November. The EFEMS is expected to…
Suspected gunmen killed three policemen and set their vehicle ablaze in Nnewi, Anambra State, early Thursday morning. The attack was confirmed by Tochukwu Ikenga, Superintendent of Police and Public Relations Officer, in a statement. He said: “Joint Security Force, begins manhunt operation on armed men who murdered two police operatives on investigation activities in the…
A viral video circulating on social media has shown thousands of Nigerians struggling to receive loaves of bread distributed by chieftains of the All Progressives Congress (APC) in Lagos State. The incident took place during Nigeria’s 64th Independence Anniversary on Tuesday, sparking widespread reactions about the country’s growing economic hardship. In the video, citizens are…
Hon. Kelvin Solomon Olaolu, the Senior Special Assistant on Student Affairs to the Ondo State Governor extended warm birthday wishes to Dr. Olusegun Mimiko, the former Governor of Ondo State, in celebration of his birthday. In his heartfelt message, the SSA on Student Affairs expressed profound admiration for Dr. Mimiko’s outstanding contributions to the development…
GISTSMATE MEDIA reports that former Senate Majority Leader, Jonathan Zwingina has reportedly passed away. According to Leadership Newspaper, the politician died on Wednesday, October 2, at the age of 70 in Abuja. Zwingina previously served as the Director-General of the MKO Abiola Campaign Organization during the June 12, 1993 presidential election. While his family has…
The Federal Government has unexpectedly paid National Youth Service Corps (NYSC) members their old monthly allowance of ₦33,000 for September, despite the recently approved increase to ₦77,000. This has left many corps members frustrated and disappointed. The Federal Government officially announced an increase in the NYSC monthly allowance from ₦33,000 to ₦77,000, effective from July…
The Abuja Division of the Federal High Court on Wednesday said the Directorate of Road Services (widely known as VIO) should immediately cease confiscating vehicles or imposing fines on Nigerians over road traffic violations. Justice Nkeonye Evelyn Maha said while delivering judgement in FHC/ABJ/CS/1695/2023 on October 2, 2024, that the notorious road traffic inspectorate was…
A high court of the federal capital territory (FCT) in Maitama has issued a public summons to Yahaya Bello, former governor of Kogi state. In the summons issued on Thursday, Maryanne Anenih, presiding judge, ordered Bello to appear before the court on October 24 to be arraigned on a 16-count charge preferred against him by…
Nigeria’s President, Bola Tibubu has written to the National Assembly seeking lawmakers’ consideration for the quick passage of four tax bills. The president in his letter which was read on the floor of the plenary by the Speaker of the House of Representatives, Tajudeen Abbas, said that the proposed tax bills have been designed in…
A High Court of the Federal Capital Territory in Maitama on Thursday granted bail to former Taraba State Governor, Darius Ishaku, in the sum of N150 million. Also granted bail for the same amount was Bello Yero, a former Permanent Secretary at the Bureau for Local Government and Chieftaincy Affairs in Taraba State. Both…