BREAKING: Labour Party Appoints New National Chairperson, Secretary

GISTSMATE MEDIA reports that the Labour Party (LP) has appointed Senator Esther Nenadi Usman as the Chairperson of its Caretaker Committee. Usman’s appointment was announced during a stakeholders’ meeting held in Umuahia, the capital of Abia State, on Wednesday. The new leadership is tasked with resolving the party’s ongoing leadership crisis. Senator Usman, a former…

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Nigeria’s Net Reserve Hits $23bn, Highest In Over Three Years — CBN

Nigeria’s Net Foreign Exchange Reserve (NFER) as of the end of 2024 stood at $23.11 billion, the highest level in over three years, reflecting a substantial improvement in the country’s external liquidity, reduced short-term obligations, and renewed investor confidence. A statement by the Central Bank of Nigeria (CBN), the increase marked an increase from $3.99…

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BREAKING: Ex-AGF Granted Bail In N1.96bn Fraud Case

The Federal High Court in Abuja has granted former Accountant-General of the Federation, Chukwunyere Anamekwe Nwabuoku, bail in the sum of N500 million. The development comes as Nwabuoku faces charges of alleged N1.96 billion fraud. Justice James Omotosho, in his ruling, stipulated that Nwabuoku’s bail be secured with two sureties, each providing a guarantee of…

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