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Reps Pass 1.28 Trillion 2024 FCT Budget

The N1.28 trillion budget earmarked for the Federal Capital Territory (FCT) for the fiscal year 2024, has been approved by the House of Representatives. This significant financial plan was passed on Tuesday, marking a crucial step in the legislative process for the nation’s capital’s annual fiscal planning. The budget was passed after being presented to […]

Wike Presents ₦‎1.1 Trillion FCT Budget To NASS

The Minister of the Federal Capital Territory (FCT), Barrister Nyesom Wike on Monday presented the FCT 2024 Statutory Budget proposalof N1,147,780,61 0,283.00 to the Senate and House of Representatives Committees on FCT. The total sum for the fiscal framework comprises of proposed distributable revenue of N510,364,426,028.00 and non-distributable revenue of N637,416,184,256.00. A break down of […]

Court rejects Nnamdi Kanu’s fresh request for bail

The bail application filed by the embattled leader of the Indigenous People of Biafra, Mazi Nnamdi Kanu was on Tuesday, March 19, rejected by the Federal High Court in Abuja. The trial judge, Justice Binta Nyako, however, granted an accelerated hearing instead. Counsel for the IPOB leader, Alloy Ejimakor, had at the last adjourned date […]

1 Killed, 2 Injured As Suicide Bombing Returns To Borno

The police in Borno on Monday confirmed that a suicide bomber injured two persons in Biu Local Government Area of the state. ASP Daso Nahum, the command’s Public Relations Officer, PPRO, confirmed the incident to the News Agency of Nigeria on Monday. Mr Nahum, said that the incident occurred at about 8pm on Sunday, when the Muslim […]

Commercial Bank Of Ethiopia Glitch Lets Customers Withdraw Millions

Ethiopia’s biggest commercial bank is scrambling to recoup large sums of money withdrawn by customers after a “systems glitch”.The customers discovered early on Saturday that they could take out more cash than they had in their accounts at the Commercial Bank of Ethiopia (CBE). More than $40m (£31m) was withdrawn or transferred to other banks, […]

Undersea cable cut: Service now restored, telcos, NCC confirm

Contrary to the expectation that the undersea cable cut which disrupted banking and telecom services in Nigeria and some parts of Africa, will last for about two weeks more, indications are that services are almost 100 percent back. Confirming the position of the telcos, the regulator, the Nigerian Communications Commission also released a statement, through […]