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Senate To Probe Buhari Govt, Emefiele Over N30tn CBN Loans

The Senate on Tuesday resolved to probe how the N30tn Ways and Means loans of the Central Bank of Nigeria was obtained and spent by the administration of former President Muhammadu Buhari. Ways and Means is a loan facility through which the CBN finances the government’s budget shortfalls. The senate stated that the reckless spending […]

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TUC, NLC split as DSS warns Labour against planned protest

The Trade Union Congress has backed out of the planned two-day nationwide protest declared by the Nigeria Labour Congress over the high cost of living, inflation, insecurity, and hardship in the country. The Vice-President of the TUC, Tommy Etim, told reporters on Wednesday that the decision to protest on February 27 and 28 as announced

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Nigeria Ready To Host African Central Bank, Tinubu Tells AU Leaders

President Bola Tinubu on Saturday said Nigeria is ready to host the African Central Bank in line with the vision of the Abuja Treaty. The Nigerian leader stated this in Addis Ababa, Ethiopia while addressing leaders at the 37th Ordinary Session of the Assembly of Heads of State and Government of the African Union (AU).

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Gov Zulum Declares One-Day Fast Over Economic, Security Issues

Governor Umara Zulum has called on Borno residents to embark on a one-day fast over the economic hardship and security issues plaguing the state. Governor Zulum made this request in a state-wide broadcast on Friday where he said he was ”deeply troubled by the recent hardships faced by our citizens, particularly the high cost of

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60 Lawmakers Seek Transition From Presidential To Parliamentary System

A group of lawmakers in the House of Representatives are seeking amendments to the 1999 Constitution to transition from the current presidential system to the parliamentary system of government. According to the group made up of about 60 lawmakers, the transition has become necessary to reduce the cost of government in the face of dwindling

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Rivers State Community Declares Seven-Day Mourning For Late Access Holdings CEO, Herbert Wigwe

The late Group Chief Executive Officer of Access Holdings PLC, Herbert Wigwe’s hometown in the Ikwerrre Local Government Area of Rivers State, has declared seven days of mourning in honour of their illustrious son.Wigwe died alongside five others including his wife, Chizoba, son, Chizi and Mr. Abimbola Ogunbanjo, the former Group Chairman of the Nigerian

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SERAP sues Akpabio, Abbas over N344.85b National Assembly budget

Socio-Economic Rights and Accountability Project (SERAP) has sued the Senate President, Godswill Akpabio, the Speaker of House of Representatives, Mr Tajudeen Abbas, and the National Assembly at the Federal High Court, Abuja over failure to disclose, clarify and explain the details of N344.85 billion National Assembly budget, and the rationale for several budget items, such

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