Femi Falana Urges DSS To Speed Up The Investigation, Arraign Embattled CBN, EFCC Chiefs
Senior Advocate of Nigeria Femi Falana has asked the Department of State Services (DSS) to speed up the investigation into the cases involving the suspended Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, and the embattled Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. While Emefiele was arrested on June […]
Samuel Ortom Denies Ministerial Nomination
The immediate past Governor of Benue State, Samuel Ortom, has debunked reports stating that President Bola Tinubu nominated him for a ministerial appointment. There has been reports all over the social media purporting that the former governor was part of those who made the awaited ministerial list. But in a statement issued by Ortom’s media aide, […]
Eight New Commissioners Of Police Appointed By PSC {Full List}
Eight New Police Commissioners have been appointed and deployed to state commands across the country with the approval of the Police Service Commission (PSC). This was made known to newsmen on Friday. The Commission applauded Kayode Egbetokun, the Acting Inspector General of Police, for following its most recent policy on gender sensitivity in his suggestion. […]
Ex-Service Chiefs Gets Mouth Watering Retirement Package
The outgoing Chief of Defence Staff and service heads in Nigeria will get large retirement benefits, such as armored vehicles, personal assistants, security personnel, and sizable overseas medical allowance. The Terms and Conditions of Service for Officers of the Nigerian Armed Forces were outlined in a restricted document. Along with other top military figures including […]
Republicans Expand Their Hunter Biden Investigation By Seeking An Interview With The Lead Prosecutor
House Republicans on Thursday requested voluntary testimony from nearly a dozen Justice Department officials involved in the investigation of President Joe Biden’s son Hunter as GOP lawmakers widen their scrutiny into what they claim is improper interference by the agency. Leaders of the Republican-controlled House Judiciary, Oversight and Accountability, and Ways and Means committees asked in a […]
Chinese spy balloon did not collect information, says Pentagon
The Chinese balloon that crossed the continental US from Alaska to the east coast in February did not collect any information, the Pentagon says. The US “took steps to mitigate” what intelligence the suspected spy balloon could collect, officials said on Thursday. Debris collected from the balloon after it was shot down is being analysed […]
Operators Of Seaport Terminals Increase Cargo Handling Fees By 45%
The devaluation of the naira by the Central Bank of Nigeria (CBN) from N461 to N631 per US Dollar, which the apex bank sold at the Importers and Exporters (I&E) window, has led to strong indications that terminal operators at the country’s seaports have increased the cargo handling rate by 45%. In line with the […]
Nigeria Naira Moves From Overvalued To Undervalued After Float – Bank Of America
Following the government’s long-awaited foreign exchange reform, the Nigerian naira has moved from being overvalued to being undervalued, according to analysts at US-based Bank of America, as reported by Businessday in a note sent to clients on June 28. “We now see a USDNGN fair value of 680 per USD (previously 580),” the analysts were […]
Tinubu Gives Reasons For Not Asking For His Share Of The Fuel Subsidy Payment
President Bola Tinubu has said that rather than announcing the removal of the subsidy, he could have received his share of the money. The president claimed that in order for his government to fulfill the promises made to Nigerians during the campaign, it is vital for him to refrain from demanding his fair part of […]
FG Approves Land Border Import Of Vehicles
It has been discovered that the federal government may have relaxed the restriction on vehicle importation over land borders. It is anticipated that the development will revitalize the corridor’s economic activities. The previous administration banned the importation of vehicles along that axis and blocked the land borders between Nigeria and Cotonou, Benin Republic. However, yesterday […]
