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faith Jegede

CBN Bans Banks From Utilising Naira Devaluation Gains 

The Central Bank of Nigeria (CBN) has asked deposit money banks (DMBs) to stop utilizing gains from the revaluation of the naira to pay dividends or finance operations.

Umahi Tackles Contractor Over Shoddy Job

The new minister of works, Senator Dave Umahi who is on a familiarization tour of the federal roads across Nigeria, slammed a contractor handling roads in the East, for doing shoddy jobs.

FG Hikes Electricity Meters Price By 40%

The Federal Government, on Wednesday, announced an increase in the prices of single-phase and three-phase pre-paid electricity meters and declared that the hike takes effect from September 6, 2023.

NANS Tackles DSS, To Storm UNILAG Tomorrow

The National Association of Nigerian Students has warned the Department of State Services not to try to deter students from exercising their rights to protest, saying this is a universally recognised human right.

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Why INEC Derecognises David Mark, Aregbesola In ADC Leadership Dispute

The leadership crisis within the African Democratic Congress has intensified following a decision by the Independent National Electoral Commission (INEC) to derecognise key figures within the party’s National Working Committee. The commission removed the names of David Mark and Rauf Aregbesola as National Chairman and National Secretary respectively...

Wike, Bala Mohammed Clash Over PDP Crisis

The political rift between Nyesom Wike and Bala Mohammed has escalated into a heated exchange, as both leaders trade accusations over the crisis rocking the Peoples Democratic Party and speculation surrounding the governor’s possible defection. Governor Mohammed, who currently chairs the PDP Governors’ Forum, has hinted at leaving the party amid its lingering internal...

Tinubu Postpones Ogun Visit, Heads To Jos After Attacks

President Bola Ahmed Tinubu is set to begin a five-state tour across Nigeria, starting with a visit to Jos on Thursday. The Presidency confirmed that the President has postponed his earlier planned trip to Ogun State in order to kick off the nationwide tour. According to officials, details of the other four states on the...