News

Trump’s Push to Dismiss Fed Governor Cook Sparks Independence Fears

A former chairman of the Federal Reserve has warned that Donald Trump’s attempt to remove Federal Reserve Governor, Lisa Cook is a “dangerous precedent” that could undermine the central bank’s independence.   The warning came on Wednesday after Trump escalated efforts to oust Cook amid unverified allegations and policy disagreements.   The move has been […]

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Tinubu Departs Brazil for Abuja After Signing Strategic Bilateral Agreements

President Bola Ahmed Tinubu has departed Brazil for Abuja after a three-day official visit that saw Nigeria and Brazil deepen diplomatic and economic ties through a series of high-level engagements and bilateral agreements.   The presidential jet left Brasília International Airport Air Force Base at 12:57 a.m. local time on Wednesday, with top Brazilian officials, […]

Article business News

Access Holdings Director Ogbonna Resigns to Meet CBN Corporate Governance Rules

Access Holdings Plc has announced the resignation of one of its Non-Executive Directors, Roosevelt Ogbonna, from its Board after three and a half years of service, to comply with new regulatory requirements. In a notice to the Nigerian Exchange Limited on Wednesday, the company explained that Ogbonna, who continues to serve as the Managing Director/Chief […]

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Customs Accused of Collusion With Clearing Agents to Shortchange Nigeria

Fresh allegations have emerged against operatives of the Nigerian Customs Service (NCS), who are being accused of colluding with clearing agents to under-declare revenues accruing to the federal government. According to a report by Sahara Reporters, a coalition of civil society groups raised the alarm at a press conference, alleging that some customs officials deliberately […]

Article Foreign News

Tanzania Stops Opposition Candidate From Presidential Race Ahead of October Polls

  Tanzania’s October 29 general elections have taken a dramatic turn after the country’s electoral commission barred key opposition figure, Luhaga Mpina of the Alliance for Change and Transparency (ACT-Wazalendo), from contesting in the presidential race. The Independent National Electoral Commission (INEC) announced the rejection of Mpina’s nomination, citing unresolved internal disputes within his party. […]

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Air Peace Becomes First Nigerian Airline to Operate Direct Flight From Brazil to Lagos

  Nigeria’s leading carrier, Air Peace, has achieved a historic milestone by becoming the first Nigerian airline to operate a direct passenger flight from Brazil to Lagos. The development follows the signing of a Bilateral Air Services Agreement (BASA) between Nigeria and Brazil during President Bola Tinubu’s recent state visit to the South American nation. […]