Former Vice President Atiku Abubakar has, in his scathing criticism, blamed the government of President Bola Tinubu for the ongoing killings across Nigeria, attributing it to what he referred to as “a failed security architecture.” The criticism by Atiku is at a time of increased violent attacks, the latest of which was the recent […]
The naira depreciated has depreciated hitting N1,600 per United States dollar at the official Foreign Exchange Market (NFEM), a significant decline from the N1,569 per dollar rate yesterday. The depreciation is a N31 fall in the value of the naira in one day, sparking worry over the country’s currency stability. At the parallel market, […]
The Chairman of the Kosofe Local Government in Lagos State, Moyosore Adedoyin Ogunlewe, has denied allegations of financial impropriety, including misappropriation of billions of naira and contract padding. The allegations were made in October 2024 when Ganiyu Olamiji Oyebanjo, Special Adviser on Boundary Affairs in the council, submitted a petition to the Independent Corrupt […]
President Donald Trump has granted TikTok a 75-day relief, delaying the potential ban on the popular social media app moments before the deadline of April 5, 2025. The relief extends to the Chinese parent company of the app, ByteDance, allowing additional time to find a solution for national security concerns and potentially offloading its […]
The Forum of Economic Rights Activists (FERA) has criticized Peter Obi, Labour Party (LP) 2023 presidential aspirant, for his recent outburst on the economic situation in Nigeria. Obi, who is a vocal critic of the current administration of the economy, had previously made a profound issue of the economic performance of the country, especially […]
Following an upsurge in suicide cases on the Third Mainland Bridge in Lagos, the Minister of Works and Housing, David Umahi said the federal government will install Closed-Circuit Television (CCTV) cameras across the bridge to monitor activities and deter acts of suicide. Umahi made the revelation at a recent briefing, adding that the installation […]
Senate Leader, Opeyemi Bamidele, has indicated that it will examine and consider key tax reform bills when it returns from the Easter and Eid-El-Fitr recess. Already passed by the House of Representatives, the bills are expected to reshape Nigeria’s fiscal landscape with remedies to current systemic issues of the country’s tax code. The reforms […]
Nigeria will host the first Africa Chiefs of Defence Staff (ACDS) summit in June 2025, in Abuja, Nigeria’s capital. The first-ever summit in Africa will bring together Africa’s defence chiefs for the first time, with the aim of encouraging more cooperation and enhancing defense strategies. Nigerian Defence Chief of Staff (CDS) Gen. Christopher Musa […]
Prices of oil crashed to $65 per barrel, the lowest they have been since April 2021, in a stunning flip. This has been brought about by a confluence of events, most of which are being attributed to an enormous increase in oil supply plus increasing global trade tensions, both of which caused crude oil […]
President Bola Ahmed Tinubu, GCFR, has approved the appointment of Nasir Naeem Abdulsalam as the Managing Director, Ajaokuta Steel Company. The appointment takes effect from 3rd April, 2025 and is in accordance with the provisions of the Certain Political and Judicial Office Holders (Salaries and Allowances, etc) Act 2008 as amended. Until his appointment, […]
