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EFCC Arraigns Two CBEX Scam Promoters for Alleged $1 Billion Investment Fraud

The Economic and Financial Crimes Commission (EFCC) has arraigned Awerusuo Otorudo and Chukwuebuka Ehirim, promoters of Crypto Bridge Exchange (CBEX), before the Federal High Court in Abuja.   The duo faces a three-count amended charge bordering on obtaining by false pretenses, inducement, and misleading the public into a fraudulent investment scam.     The EFCC […]

FG Revokes Development Approvals in Coastal, Highway, Shoreline Setback Zones

The Federal Government has revoked all previously granted development approvals within coastal, highway, and shoreline setback zones across the country. The directive, which took effect from July 2, 2025, is aimed at halting encroachments, protecting national infrastructure, and curbing environmental degradation in federally controlled corridors. According to a statement issued by the Office of the […]

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IMF Proposes Policy Blueprint to Tackle Inflation and Poverty in Nigeria

The International Monetary Fund (IMF) has proposed a set of far-reaching policy recommendations to help Nigeria confront its persistent inflation and deepen efforts to reduce widespread poverty. The proposals came as part of the IMF’s recently concluded Article IV Consultation, which reviewed Nigeria’s macroeconomic outlook and fiscal performance in 2025. According to the IMF, while […]

Suspension Didn’t Stop Me from Serving My Constituents, Explains Natasha

Senator Natasha Akpoti-Uduaghan of the Peoples Democratic Party (PDP), representing Kogi Central Senatorial District, has declared that her suspension from the Senate did not deter her from fulfilling her duties to her constituents. Speaking on Sunday during the official flag-off of two smart market projects in Okene and Okehi Local Government Areas of Kogi State, […]

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National Assembly Works on Audit Bill to Strengthen Public Accountability, Fiscal Oversight

The National Assembly is on the verge of passing a landmark Audit Bill aimed at modernizing Nigeria’s financial oversight system, promoting transparency in the use of public funds, and strengthening the independence of the Office of the Auditor-General for the Federation (OAuGF). The bill, which has lingered in legislative corridors for years, is now receiving […]

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Enugu State Launches “Enugu Air” to Boost Regional Aviation, Economic Growth

In a landmark development for the South-East region of Nigeria, the Enugu State Government has officially launched its state-owned airline, Enugu Air, marking a bold step toward improving regional connectivity, stimulating the local economy, and positioning the state as a hub for aviation and commerce. The inaugural commercial flight of Enugu Air is scheduled to […]

FG Running Nigeria’s Airports At Loss Without Private Investors, Says Keyamo

The Minister of Aviation and Aerospace Development, Festus Keyamo, has revealed that Nigeria’s airports are being operated at a financial loss, stressing that without the involvement of private investors, the federal government will continue to bear unsustainable operational costs. Speaking recently on the state of the country’s aviation infrastructure, Keyamo said only a handful of […]

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YPP’s Bishop Amakiri Slams ADC Coalition Leaders, Says 85% Have Failed Nigerians

The National Chairman of the Young Progressives Party (YPP), Bishop Amakiri, has launched a scathing attack on the recently formed opposition coalition led by the African Democratic Congress (ADC), accusing the group’s leadership of past governance failures and political insincerity. Speaking during an interview on Channels Television’s The Morning Brief, Amakiri stated that a significant […]