More trouble for Emefiele as forensic analyst confirms forgery in $6.2million case
The trial of former Central Bank of Nigeria, CBN, governor, Godwin Emefiele, continued on Thursday before Justice Hamza Muazu of the Federal Capital Territory High Court in Abuja. Emefiele is standing trial before Justice Muazu on 20-count amended charges bordering on corrupt advantages, conspiracy, criminal breach of trust, forgery and obtaining by false pretenses to […]
Passengers Scamper For Safety As Fire Break Out At Lagos Airport
There was pandemonium at the E-Arrival Finger of the Muritala Muhammed International Airport (MMIA), Lagos, as fire broke out at the terminal. The fire outbreak led to power outage at the airport. According to eyewitness, the incident caused panic among workers and passengers at the airport as travelers hastily left the place which was engulfed […]
CBN Printing of N22.7trn Under Buhari Reason For Hardship, Inflation – Finance Minister
Minister of Finance, Olawale Edun, has said the Central Bank of Nigeria printing N22.7 trillion in the name of Ways and Means loan under the government of former president Muhammadu Buhari and ex-CBN governor Godwin Emefiele caused the rising inflation and economic hardship currently being witnessed in the country. Speaking during an interface with the Senate […]
Tinubu Signs Executive Orders On Oil, Gas Reforms
President Bola Tinubu has approved three new directives in the oil and gas sector to introduce fiscal incentives for related projects, reduce contracting costs and timelines, and promote cost efficiency in local content requirements. This followed “extensive engagements, analyses, and benchmarking with other jurisdictions” a statement signed by the President’s Special Adviser on Media and […]
Big trouble for violators of Nigerian Flag as Reps move to raise fine from N100 to N100,000
The House of Representatives is moving to increase the fine for the defacing of Nigerian flag from N100 to N100,000. The House on Wednesday passed for second reading a bill to amend the Flag and Coats of Arms Act.The bill, introduced by Sada Soli, was debated and passed for second reading by the lawmakers. It […]
Reps Seek Decongestion Of Nigeria’s 244 Correctional Centres
The House of Representatives on Wednesday began moves to decongest the 244 correctional centres spread across the country. This is as the lawmakers at a plenary session on Wednesday presided over by the Deputy Speaker, Benjamin Kalu, called for a holistic overhauling of the system, including quick dispensation of justice for awaiting trail inmates as well […]
I will end open grazing in Abuja – Wike
Minister of the Federal Capital Territory (FCT), Nyesom Wike, on Wednesday, March 6, assured that he would put an end to open grazing in Abuja. He expressed displeasure over the movement of cattle within Abuja city and told residents that plans are on to put an end to the roaming of cattle within the city […]
Port Harcourt-Aba train service to begin operation in March – NRC
The Federal Government, on Saturday, said train services on the Port Harcourt to Aba route would commence operations by the end of March.The News Agency of Nigeria reports that the Port Harcourt-Aba rail project is part of the larger Port Harcourt-Maiduguri railroad project initiated by former President Muhammadu Buhari’s administration.The Managing Director, Nigeria Railway Corporation, Mr. […]