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Governor Umo Eno on Thursday dismissed Engr. Meyen Etukudoh from his role as Managing Director and CEO of Ibom Power Company (IPC), effective immediately. The termination was announced in a statement signed by the Secretary to the State Government, Prince Enobong Uwah, and made available to the press on Thursday evening in Uyo. The decision […]

The Super Eagles of Nigeria and Benin Republic’s Cheetahs settled for draw at the end of Thursday’s game at Stade Felix Houphouet-Boigny in Abidjan. In the first half, Mohammed Tijani scored for Benin Republic. But Victor Osimhen’s equalizing goal in the 81st minute gave the Super Eagles an advantage. Meanwhile, the Super Eagles have qualified […]

Iran and Russia linked their national payment systems on Monday, a significant move to bypass the U.S. dollar in bilateral transactions, Iran’s official news agency IRNA reported. The linkage between Russia’s Mir and Iran’s Shetab payment systems was established in a ceremony attended by the governor of the Central Bank of Iran (CBI), Mohammad-Reza Farzin […]

THE Edo State government and the Peoples Democratic Party (PDP) on Thursday differed on the purported sack of civil servants as made by the party. The immediate past Commissioner for Communication and Orientation, Chris Nehikhare in a statement said many of the purported “dismissed workers” were left in uncertain conditions, plunging numerous families and dependents […]

The Nigerian National Petroleum Company Limited (NNPCL) has described a news report that it has ended the importation of refined petroleum products and is now sourcing from the Dangote Petroleum Refinery and other local refineries as a misrepresentation and misinterpretation of fact. Kyari spoke in Lagos at the Nigerian Association of Petroleum Explorationists conference themed: […]

Key government agencies and stakeholders have expressed differing concerns over the proposed Investment and Securities Bill of 2024. The bill, intended to repeal the Investment and Securities Act of 2007 and introduce new regulations for Nigeria’s capital market, has drawn feedback from the Central Bank of Nigeria and the Ministry of Finance, who caution that […]

The Executive Secretary, Federal Capital Development Authority (FCDA), Engr. Shehu Hadi Ahmad, has been suspended indefinitely. According to a statement on Thursday, by Lere Olayinka, Senior Special Assistant on Public Communications and New Media to the Minister of Federal Capital Territory (FCT), Nyesom Wike, he suspension of Engr Hadi Ahmad is with immediate effect. The […]

The ECOWAS Court of Justice on Thursday dismissed a lawsuit filed by the Socio-Economic Rights and Accountability Project, which sought N50 million in compensation from the Federal Government for each victim of the Abuja-Kaduna train attack. In March 2022, terrorists bombed an Abuja-Kaduna railway near Rigasa, Kaduna, attacking over 970 passengers onboard. The incident led […]

The Federal Executive Council (FEC) has approved a fresh borrowing plan of $2.2b, made up of $1.7b and SUKUK financing of $500 million to strengthen the country’s finances and boost economic reforms. Minister of Finance and Coordinating Minister of the Economy, Wale Edun, disclosed this after the FEC meeting presided over by President Bola Tinubu […]

The Federal Capital Territory (FCT) Minister, Nyesom Wike, has claimed that the houses he built for some Nigerian judges in Abuja was just him implementing President Bola Tinubu’s policy. Wike, a former governor of Rivers State made the claim on Wednesday during a media chat while dismissing allegations that his construction of houses for judges […]

Former Commonwealth Secretary-General, Chief Emeka Anyaoku, Wednesday, warned that if Nigeria refuses to do away with the 1999 Constitution, development will continue to elude the country. While faulting the 99 Constitution which he described as unitary, Anyaoku argued that united and progressive pluralistic countries were those who addressed their diversity with true federal constitutions. The […]

*Criticises Wike’s Demolitions, Says Minister Lacks Authority To Act Unilaterally Human rights lawyer Femi Falana (SAN) has criticised the Federal Capital Territory Minister, Nyesom Wike, over his recent actions concerning the demolition of houses and the provision of housing and cars to judges. Speaking on Channels Television’s Politics Today on Wednesday, Falana argued that Wike’s […]