The Judicial Council of the Economic Community of West African States (ECOWAS) has announced plans to reassess its existing laws and evaluate the implementation of past rulings by member states. This decision comes in the wake of recent remarks by Nigeria’s Attorney-General and Minister of Justice, Lateef Fagbemi (SAN), urging …

In a significant legal development, the Federal High Court in Abuja has directed the Central Bank of Nigeria (CBN) to disburse the sums of N63.7 million and $10,000 to a German national, Martin Gegenheimer. The court’s decision stems from a case where Gegenheimer secured a judgment against the Nigerian Government …

Oyo State governor and Vice Chairman of the Nigerian Governors’ Forum, ‘Seyi Makinde, has declared that there is no truth in the claim by the President of the Senate, Godswill Akpabio, that states of the federation got additional N30 billion each outside of their statutory revenue allocations, to address food …

By Kadiri Abdulrahman Abuja, Feb. 22, 2024 The Federation Account Allocation Committee (FAAC), has shared the sum of N1.149 trillion revenue among the Federal Government, states and Local Government Councils (LGCs) for January. The revenue was shared at the February meeting of FAAC chaired by the Minister of Finance and …

In the grand finale of the 1984 African Nations Cup, Nigeria scored first in the first half and ended up as losers. That was exactly what happened on February 11, 2024. William Troost Ekong’s header was not enough to give the Super Eagles glory. Muda Lawal beat Indomitable Lions goalkeeper, …

President Bola Tinubu says his administration remains steadfast in implementing necessary economic reforms to facilitate business growth and create investment opportunities that support Nigeria’s growing population. Receiving a delegation from the Corporate Council on Africa (CCA) led by Florizelle Liser, CCA’s President and Chief Executive Officer, in Abuja, on Thursday, …

…Sets up open markets for cheap food items, slashes T-fares by 25% on public transport means  …Launches palliative in health, education  Lagos State Governor Babajide Sanwo-Olu has announced sweeping interventions which the State will be implementing in order to reduce the effects of the current economic hardship on its citizens. …

…. Seeks clampdown on hoarders of dollars. The Arewa Economic Forum (AEF), an economic think-tank of intellectuals and business entrepreneurs of Northern Nigeria, has reacted to the financial situation in the country and called on President Bola Ahmed Tinubu to consider reversing the fuel subsidy removal policy and halting the …

President Bola Tinubu has approved the appointment of a new management team for the Asset Management Corporation of Nigeria (AMCON), pending their confirmation by the Nigerian Senate. The team is made up of: (1) Gbenga Alade — Managing Director/CEO (2) Aminu Ismail — Executive Director (3) Adeshola Lamidi — Executive …

By Naomi Sharang Abuja, Feb. 22, 2024 The Senate on Thursday confirmed the Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, as the Chairman of the Monetary Policy Committee (MPC) of the apex bank. The upper legislative chamber also confirmed the appointment of four deputy governors of …

By Patience Yakubu Kaduna, Feb. 22, 2024 The Managing Director of News Agency of Nigeria (NAN), Malam Ali Muhammed Ali, has advised reporters to be passionate about journalism. Ali gave the advice on Thursday in an interview at the just concluded 5-day NAN Editorial Management Retreat in Kaduna. The theme …

Nigerians have been alerted to “a sinister plot being hatched by a group of politicians to execute a campaign of calumny against the Imo State governor, Senator Hope Uzodinma.” A statement by a group in Enugu yesterday, which revealed this plot said that “part of the campaign is to engage …

Gov. Sheriff Oborevwori of Delta has expressed support for financial autonomy for local governments in the country. Oborevwori made the expression on Wednesday during the inauguration of an Ultra Modern Cottage Hospital built by the Warri South Local Government Council. The governor said that financial autonomy for local governments was …

Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu “to publicly instruct Mr. Lateef Fagbemi, SAN, Attorney General of the Federation and Minister of Justice to immediately withdraw his statement purportedly advising the Court of Justice of the Economic Community of West African States (ECOWAS) ‘to refrain from …

  The Presidential Candidate of the Labour Party (LP) in the 2023 general election, Mr. Peter Obi has taken a swipe at the Federal government for their inconsistent duty charges at the nation’s ports. Obi’s views are contained in an X handle message on the various actions and policies by …

San Jose (California), Feb. 22, 2024 U.S. President Joe Biden on Wednesday took a harsh swipe at Russian President Vladimir Putin at an election rally in the western state of California. Biden, during a speech in San Francisco on Wednesday evening, referred to the Russian president as a “crazy SOB.’’ …

Nigeria’s politicians have perfected the art of burying themselves with one foot sticking out. And it appears that the All Progressives Congress (APC) will, once again, stage this rite of self-destruction in the forthcoming governorship election in Edo State. The party’s primaries on Saturday was such a shambles, it has …

The Executive Chairman of the Economic and Financial Crimes Commission,  EFCC,  Mr. Ola Olukoyede has called on Chief Executive Officers, CEOs of banks across the country to always abide by extant regulations and rules in their practices as effective means of tackling economic and financial crimes and other acts of …

. Other Lagos ports roads awarded  .Onne access road to be awarded soon Two months after the minister of Marine and Blue Economy, Adegboyega Oyetola, reached out to his counterpart at the ministry of Works, Dave Umahi, over the need to fix failed portions of ports access roads, the rehabilitation …

Naples (Italy), Feb. 22, 2024 Napoli fought back to hold visitors FC Barcelona to a dour 1-1 draw in their Champions League last-16 first leg on Wednesday as Nigeria’s Victor Osimhen cancelled out Robert Lewandowski’s opener. Last year’s Spanish and Italian champions, both struggling this season, played out a poor …

President Bola Tinubu has approved the appointment of DCG Kemi Nanna Nandap to serve as the Comptroller-General of the Nigeria Immigration Service (NIS), effective from March 1, 2024. DCG Nandap takes over from Mrs. Caroline Wura-Ola Adepoju, whose term in office expires on February 29, 2024. Before her appointment as …

President Bola Tinubu says his administration is strongly committed to providing excellent healthcare facilities for all Nigerians and will continue to prioritize domestic and foreign direct investments in the sector. The President made these remarks at a meeting with Professor Benedict Oramah, President and Chairman of the Board of Directors …

  By Abiodun Azi and Funmilola Gboteku Lagos, Feb. 21, 2024 The Nigeria LNG Limited (NLNG) and  Lagos Chamber of Commerce and Industry (LCCI) have called for increased collaboration between the business community and science and research sector in Nigeria. According to them, this will help to close the gaps …

Abuja: Feb. 21, 2024. Raphael Igbokwe, aka “Trouble”, a Nigerian Diaspora Boxer has expressed his excitement at being back home after 12 years in the United States, saying that being a Nigerian makes him happy. He said this during a courtesy visit to Hon. Abike Dabiri-Erewa, the Chairman/CEO Nigerians in …

By Usman Aliyu Benin, Feb. 21, 2024 Less than three days to the primary election of the Labour Party (LP) for the Governorship election in Edo, operatives of the Zone 5 headquarters of the Nigeria Police have arrested the National Chairman of the party, Mr Julius Abure. The News Agency …