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President of the Senate, Godswill Akpabio, on Tuesday, alluded to how Godwin Emefiele, former governor of the Central Bank of Nigeria (CBN) attempted to sabotage the 2023 general elections, by replacing the old naira notes with new ones. Akpabio made the allusion on Tuesday when the Senate confirmed nominees for the position of the CBN […]

Preliminary inquiries into the death of late Nigerian singer Ilerioluwa Aloba, known as Mohbad, will commence this Friday, September 29th in Lagos. This was disclosed in a letter from the Lagos State Chief Coroner’s office dated September 26th. The letter addressed to lawyer Festus Ogun stated that Hon. Justice M.A Dada has ordered an inquest […]

*Empower CCTs, Amend Law for Effective Asset Declaration – HEDA The foremost Human Rights Lawyer and Senior Advocate of Nigeria, Femi Falana, SAN has advocated for the establishment of regional Code of Conduct Tribunals to prosecute infractions arising from asset declaration by public office holders. Falana made the call while presenting a keynote address virtually […]

The new Central Bank of Nigeria governor, OLayemi Cardoso has stated how Tinubu’s administration will address Forex scarcity and inflation in the country. The Senate on resumption of plenary on Tuesday confirmed the nomination of Olayemi Cardoso as the Governor of the Central Bank of Nigeria. Four other nominees of President Bola Ahmed Tinubu for […]

Nigeria’s Senate has confirmed the appointment of Dr. Olayemi Cardoso as the new Central Bank of Nigeria (CBN) Governor. Cardoso was screened alongside four CBN Deputy Governor nominees – Mrs. Emem Usoro, Muhammad Dattijo, Philip Ikeazor and Bala Bello. Cardoso had assumed duties as acting CBN Governor last week pending Senate confirmation. With his screening […]

*Says He’ll Return Home To Assist In Investigations Marlian Music record owner, Azeez Fashola, popularly known as Naira Marley, has once again cleared the air about his non-involvement in the death of Nigerian singer, Ilerioluwa Aloba, better known as Mohbad. Naira Marley, in a statement shared on his Instagram handle on Tuesday, expressed his readiness […]

*Slams FG, Lagos for Imposing ‘Unlawful’ Car Ownership Levy The Nigerian Bar Association Section on Public Interest and Development Law (NBA-SPIDEL) has filed a lawsuit against the Federal Government and Lagos State Government over the recently introduced N1,000 yearly vehicle ownership renewal fee. In the suit before a Federal High Court in Lagos, NBA-SPIDEL is […]

The Federal Government of Nigeria has approved the acquisition of an initial 12 MD 530F Cayuse Attack Helicopters for the actualisation of Nigerian Army (NA) Aviation to effectively tackle security challenges bedeviling the country. The Chief of Army Staff (COAS), Lieutenant General Taoreed Lagbaja, disclosed this on Tuesday while declaring open the Nigerian Army maiden […]

The Ondo state House of Assembly has said the ex-parte injunction secured by the deputy governor, Lucky Aiyedatiwa, would not stop it from continuing its legislative functions to investigate allegations levelled against him, describing it as unconstitutional. The Assembly clarified that the impeachment notice outlined 14 specific allegations of gross misconduct, providing detailed particulars, saying […]

Bitcoin, Other Crypto Assets Slump on Retail Selloffs Bitcoin price slowed down by $225.28 or 0.85% to $26,294.47 due to retail selloffs across the cryptocurrency exchange. The largest digital asset is up 1.15% month-to-date. The current market conditions are marked by Bitcoin’s struggle to sustain above the $26,000 support level after a descent from highs […]Read More

GCR Upgrades Lafarge Africa Rating to AA+ With Stable Outlook GCR Ratings has upgraded Lafarge Africa Plc’s national scale long-term issuer rating to AA+ (NG) from AA (NG) previously, according to a recently released rating note. The rating firm also affirmed the short-term issuer rating at A1+ (NG) with a stable outlook. According to GCR, […]

AfDB, Google Collaborate on Digital Transformation in Africa The African Development Bank (AfDB) and Google have formalized cooperation aimed at advancing digital transformation in Africa. The parties signed a Letter of Intent during the Global Africa Business Initiative at the United Nations General Assembly in New York. The agreement underscores a shared commitment to harness […]