Financial Inclusion: FG Moves To Accelerate Cash Transfers To 15 Million Households

The federal government has commenced the implementation phase of its economic and financial inclusion strategy, which aims to improve access to economic opportunities for Nigerians. To this end, the government has established an inter-agency task force to address challenges delaying President Bola Tinubu’s approved conditional cash transfers to 15 million vulnerable households. Speaking yesterday, at…

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FLASH: FG Scraps Foreign Scholarships, Tags Scheme Waste Of Resources

The Federal Government on Tuesday announced the cancellation of the Bilateral Education Agreement, describing the scheme as a “waste of resources.” The development followed cries by previous beneficiaries of the scheme who accused the government of neglect. The BEA Programme, established through strong diplomatic ties and mutual cooperation, enabled Nigerian students to study in partner…

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BREAKING: FG Seeks Court Order For Binance To Pay Nigeria $79 Billion Economic Loss Fine, $2 Billion Tax

The Nigerian government, through the Federal Inland Revenue Service (FIRS), has asked the Federal High Court in Abuja to order Binance Holdings Limited to pay $79,514,055,594.40 and N231 million for economic losses allegedly caused by its operations in Nigeria, as well as $2,001,000,000 in income tax for 2022 and 2023. These monetary demands and alleged…

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BREAKING: NLC To Halt Telecoms Tariff Hike Protest After FG Intervention

The Nigeria Labour Congress (NLC) has reached an agreement with the federal government to temporarily suspend its planned nationwide protest against the 50 percent increase in telecommunications tariffs. Following a meeting on Monday with government representatives, NLC leadership, led Joe Ajaero, president of the congress, agreed to delay the protest for two weeks. As part…

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