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FG Receives $52.88m Recovered Assets Linked To Diezani

The Nigerian government says it has received $52.88m recovered Galactica assets, linked to a former Minister of Petroleum Diezani Alison-Madueke from the USA. The Attorney-General of the Federation and Minister of Justice Lateef Fagbemi disclosed this at the formal signing ceremony of

January 10, 2025

Tinubu Calls For Increase In China-Nigeria Currency Swap

President Bola Tinubu on Thursday urged the government of the People’s Republic of China to increase the $2 billion currency swap between Nigeria and China to enhance trade between the two countries. He also called for an upward review of the $50

January 10, 2025

FBN Holdings Addresses Call for Extraordinary General Meeting, Reassures Stakeholders

FBN Holdings Plc has released a statement to address a media report regarding two of its shareholders’ calls for an Extraordinary General Meeting (EGM). The company has assured its stakeholders that this development will not affect its operations, as all businesses within

January 10, 2025

CNG Kicks Against Tax Reform Bills, Proposed Telecom Tariff Hike

The Coalition of Northern Groups and civil society organizations have rejected the proposed tax reform bills sent to the National Assembly by President Bola Tinubu for legislative approval, stating that the bill and other related policies will deepen economic hardship, marginalize regions,

January 10, 2025

Obi to FG: End Insecurity, Rescue Those In Kidnappers’ Captivity

Former Governor of Anambra State, Peter Obi, has urged the federal government to implement lasting solutions to the increasing insecurity in the country. He also called for the rescue of individuals held captive by kidnappers. Obi expressed his concerns in a post

January 10, 2025

STATE HOUSE PRESS RELEASE: PRESIDENT TINUBU TO HIS AIDE-DE-CAMP: I SEE YOU GOING PLACES IN YOUR MILITARY CAREER

President Bola Tinubu, Thursday in Abuja, congratulated his Aide-de-Camp, Col. Nurudeen Alowonle Yusuf, for his promotion. He described him as a reliable officer, deserving of elevation in rank. Lt. Col. Yusuf was promoted to Colonel by Nigerian Army Promulgation AHQ MS/G1/300/252/2 on

January 9, 2025

Teacher caught on tape assaulting pupil remanded in Kirikiri

. The Lagos State Police Command has arraigned Stella Nwadigbo, aged 45, for indecent treatment and assault of a child. Nwadigbo who was arraigned in Magistrate Court 1, Ogba today, January 9, 2025, went viral on Wednesday, January 8 after a video

January 9, 2025

Navy Destroys Illegal Refineries, Seizes 35,000 Litres Of Crude In Ondo

The Nigerian Navy Forward Operating Base (FOB) in Igbokoda has dismantled nine illegal refining sites and destroyed 20,000 litres of crude oil and 15,000 litres of illegally refined diesel in the Obenla community, Ilaje Local Government Area of Ondo State. The Commander

January 9, 2025

Planned Telecoms Tariff Hike Will Help Reduce Inflation, Says Rewane

The Chief Executive Officer of Financial Derivatives Bismarck Rewane has welcomed the proposed tariff hike by telecoms companies, saying the move will help reduce inflation. Recall, Nigeria’s Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, on Wednesday confirmed plans to increase

January 9, 2025

Alleged Threat To Life: Obi’s Claims Sheer Falsehood, Says APC

The All Progressives Congress (APC) has dismissed Peter Obi’s claims about threats to his life. Obi, the Labour Party (LP) presidential candidate in the 2023 election, had claimed that a comment by the APC spokesman Felix Morka had put him and his

January 9, 2025

Borno Attack: Tinubu Mourns Slain Soldiers, Orders Probe

President Bola Tinubu on Thursday mourned the soldiers who were killed in an attack on an army base in Sabon Gida, Damboa, Borno State. Members of the Islamic State West Africa Province (ISWAP) launched a pre-dawn attack in trucks and on motorcycles

January 9, 2025

JUST IN: Foreign Affairs Minister Tuggar, Chinese FM Wang Yi Meet In Abuja

The Minister of Foreign Affairs, Ambassador Yusuf Tuggar, is currently meeting with his Chinese counterpart, Wang Yi and members of his entourage at the Ministry of Foreign Affairs in Abuja. The meeting aimed at strengthening bilateral relations between Nigeria and China will

January 9, 2025

Youth Confab: Govt Just Wants To Compensate Seyi Tinubu And Friends – Sowore Claims

Presidential candidate of the African Action Congress (AAC), Omoyele Sowore has alleged that the planned national confab to be set up by the Federal Government was to compensate the son of President Bola Tinubu, Seyi, and his friends. He stated that the

January 9, 2025

Zulum Approves N1.4bn For Dualization Of Airport Road

Borno State Governor, Professor Babagana Umara Zulum, has approved the release of N1.4 billion for the immediate dualization of a 1.9km road from Ngomari junction to Muhammadu Buhari International Airport, Maiduguri. The approval was given at the maiden state executive council meeting

January 9, 2025

KPMG Banking Survey: UBA Emerges Top 5 in Customer Experience, Excels in SME, Retail Banking, Other Segments Africa’s Global Bank, United Bank for Africa (UBA) Plc, has cemented its position as a leading customer-centric institution. In the recently released KPMG 2024 West

January 9, 2025

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