Prices of banking stocks tumbled at the close of trading, as the impact of the recent Cash Reserve Requirement (CRR) adjustment by the Central Bank of Nigeria (CBN) at its Monetary Policy Committee (MPC) meeting continued to hit hard on ...
Read More »Labour condemns planned review of political office holders’ pay as cleric canvasses wage cut
The Trade Union Congress of Nigeria (TUC) has condemned the plan by the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) to review the remuneration of political officeholders. The move, TUC said, was a conspiracy that must not be allowed to ...
Read More »Why Nigeria can’t produce typhoid vaccine locally, by NOTAP
Director-General, National Office for Technology Acquisition and Promotion (NOTAP), Dr. DanAzumi Ibrahim, has described lack of institutional framework by the Federal Government as a major challenge in the production of typhoid fever vaccine in the country. Ibrahim disclosed this during ...
Read More »Buhari seeks confirmation of Obiora, Akande, Nuhu
President Muhammadu Buhari has asked the Senate to confirm Dr. Kingsley Obiora as Deputy Governor of the Central Bank of Nigeria (CBN) and Prof. Adeola Akande as chairman of the Nigerian Communications Commission (NCC). Both requests were contained in a ...
Read More »Senate to probe Omo-Agege’s alleged conviction in U.S.
Against speculations, the Senate has expressed its intention not to sweep the allegations of forgery and perjury against its number two officer, Ovie Omo-Agege, but to investigate him. At a media briefing in the National Assembly, Senate spokesman, Godiya Akwashiki, ...
Read More »Absence of witness stalls Offa robbery case
Absence of prosecution witnesses in court stalled the continuation of hearing in the April 5, 2018 bloody Offa banks robbery case in Ilorin, Kwara State. Prosecution counsel, Bola Gold, told the court that police officers who were the prosecution witnesses ...
Read More »Nigerian Army reopens Maiduguri/Damboa/Biu road
Chief of Army Staff (COAS), Lt-Gen. Tukur Buratai, has re-opened the Maiduguri/Damboa/Biu road in Borno State for motorists. The army closed the 187-kilometre road in November 2018 due to insecurity to lives and property. Opening the road yesterday, Buratai said ...
Read More »FG set to construct Port Harcourt, Maiduguri rail line, approves Bonny, Warri seaports
Minister of Transportation, Chibuike Rotimi Amaechi, has disclosed that the Federal Government is ready to construct the Port Harcourt-Maiduguri lail line. He said President Muhammadu Buhari has also approved the building of two new seaports in Bonny, Rivers State and ...
Read More »Lalong spits fire over Jos killings as Reps accuse FG of complacency, gov orders arrest of Fulani leaders
Plateau State Governor, Simon Bako Lalong, yesterday spat fire over the recent killings in the state, declaring that he is not taking the matter lying low. He stated this during a stakeholders meeting at Little Rayfield, Government House, Jos following ...
Read More »Imo Speaker, seven other PDP members defect to APC
Speaker of the Imo State House of Assembly, Dr. Chiji Collins (Isiala Mbano Constituency) and seven other PDP lawmakers have defected to the All Progressives Congress (APC). By the latest development, Collins had defected twice in eight months as he ...
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