Senate Proposes Bill to Ban Foreign Currency Use, Boost Naira Dominance
The Senate has advanced efforts to strengthen Nigeria’s monetary sovereignty by introducing a bill to prohibit the use of foreign currencies for payments and transactions within the country. The proposed legislation, titled “A Bill for an Act to Alter the Central Bank of Nigeria Act, 2007, No. 7, to Prohibit the Use of Foreign Currencies for […]
Tinubu Appoints Aisha Garba as UBEC Executive Secretary
President Bola Ahmed Tinubu has named Aisha Garba, an international development expert, as the Executive Secretary of the Universal Basic Education Commission (UBEC). Garba, a Senior Education Specialist at the World Bank, has over 24 years of experience implementing transformative education programs across Nigeria, Ghana, Somalia, Kenya, the USA, and the UK. Bayo Onanuga, Special […]
Ghana’s President-Elect, John Mahama, Visits Tinubu in Abuja
John Mahama, the President-Elect of Ghana, visited President Bola Tinubu at the Presidential Villa in Abuja on Monday. The visit was revealed by Dada Olusegun, Tinubu’s Special Assistant on Social Media, in a post shared on X (formerly Twitter) on Tuesday. “The President-Elect of Ghana, H.E John Dramani Mahama, paid a courtesy visit to President […]
Edo Governor Dissolves State Commissions
Edo State Governor, Senator Monday Okpebholo, has dissolved all commissions in the state public service, effective immediately. The dissolution was announced in a statement on Tuesday by the Secretary to the State Government, Umar Musa Ikhilo. The affected commissions include the Edo State Independent Electoral Commission (EDSIEC), the Civil Service Commission, the Edo State Oil […]
Governor Uba Sani Reinstates Two Parcels of Land Previously Revoked from Abacha Family
Kaduna State Governor Uba Sani has restored two parcels of land to the family of late Head of State, General Sani Abacha, two years after their revocation by former Governor Nasir El-Rufai. The properties, located at No. 9 Abakpa GRA and No. 1 Degel Road, Ungwan Rimi GRA, were initially seized in 2022 over alleged […]
Oyo State to Implement N80,000 Minimum Wage from January 2025
The Oyo State Government has announced plans to begin payment of the approved N80,000 minimum wage for workers starting January 2025. Prince Dotun Oyelade, the Commissioner for Information and Orientation, disclosed this in a statement on Tuesday, following an agreement reached between the government and organized labour. Key government officials, including the Secretary to the […]
CBN Imposes ₦150m Fine on Banks to Halt Naira Note Hawking
The Central Bank of Nigeria (CBN) has announced stringent measures to combat the hawking of mint naira notes, introducing a hefty ₦150 million fine for Deposit Money Banks (DMBs) found guilty of facilitating the practice. In a circular dated December 13, 2024, Mohammed Olayemi, Acting Director of the CBN’s Currency Operations Department, condemned the illegal […]
ASUU Warns Against Scrapping TETFund Through Tax Reform Bill
The Academic Staff Union of Universities (ASUU) has expressed alarm over the potential elimination of the Tertiary Education Trust Fund (TETFund) under the proposed Tax Reform Bill 2024, currently before the National Assembly. In a statement signed by ASUU President, Prof. Emmanuel Osodeke, and made available on Tuesday, the union called on Senate President Godswill […]
Canada in Disarray After Finance Minister Chrystia Freeland’s Sudden Resignation
Canada’s government has been thrown into turmoil following the sudden resignation of Finance Minister Chrystia Freeland on Monday, just weeks ahead of US President-elect Donald Trump’s inauguration. Freeland’s departure raises concerns over Canada’s ability to navigate looming economic challenges, including Trump’s threatened tariffs that could severely impact Canadian exports. Freeland, a key figure in managing […]
Judge Rules Supreme Court Immunity Decision Does Not Apply to Trump Hush Money Case
A New York judge has rejected President-elect Donald Trump’s attempt to dismiss his criminal conviction in the hush money case, ruling that the Supreme Court’s presidential immunity decision does not apply. Judge Juan Merchan stated Monday that the evidence presented in Trump’s trial related “entirely to unofficial conduct” and posed no threat to the authority […]
