1 day ago
President Bola Tinubu, Vice President Kashim Shettima and military personnel will henceforth pay the required toll fees at all tollgates whenever they drive through and from all the airports in the country. The development came following the resumed Federal Executive Council (FEC) meeting he presided over at the Presidential Villa, Abuja on Tuesday, where the…
1 day ago
Akwa Ibom State Governor, Umo Eno, has directed all 31 local government transition chairmen to submit reports on their achievements in the past six months in office. The governor’s spokesperson, Ekerete Udoh, made the announcement in a statement on Tuesday. Udoh said that these “verifiable” reports will be used for “effective and more robust planning…
1 day ago
The Economic and Financial Crimes Commission (EFCC) will, on May 23, arraign aviation minister, Hadi Sirika and his brother Ahmad before a Federal Capital Territory (FCT), High Court, Garki, on a fresh eight-count charge. They were slated to be arraigned before Justice Suleman Belgore, but the arraignment was stalled due to the absence of Sirika…
1 day ago
The Economic and Financial Crimes Commission (EFCC) has filed new charges against Godwin Emefiele, the former governor of the Central Bank of Nigeria (CBN). EFCC accuses Emefiele of illegally printing naira notes in its fresh charge and approving unauthorised withdrawals from public funds. The four-count charges by EFCC allege that Emefiele “disobeyed the direction of…
1 day ago
The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, said the bank would keep interest rates high until inflation subsides by implementing orthodox policies. Cardoso disclosed this during an interview with the Financial Times. He said that the Monetary Policy Committee (MPC), which he chairs, would do whatever is necessary to tame soaring inflation. This…