The Economic and Financial Crimes Commission (EFCC) has made arrests related to suspected vote-buying during the ongoing Edo State governorship election. The arrests occurred around 10:00 am in Egor Local Government Area, where EFCC officials apprehended two men and one woman; suspected of involvement in vote-buying activities. However, local residents have protested, claiming the suspects […]
FG Signs MoU with Russian Consortium for Ajaokuta Steel Rehabilitation and Completion
The Federal Government of Nigeria, through the Minister of Steel Development, Prince Shuaibu Abubakar Audu, has signed a Memorandum of Understanding (MoU) with the original builders of Ajaokuta Steel Plant, Tyazhpromexport (TPE), and its consortium partners, Novostal M and Proforce Manufacturing Limited. The agreement focuses on the rehabilitation, completion, and operation of the Ajaokuta Steel […]
Tinubu Laments Missed Opportunities by Past Leaders, Vows to Prioritize Infrastructure, Education, and Economic Stability
President Bola Tinubu, on Friday, expressed regret over the failure of past Nigerian leaders to invest in critical sectors like infrastructure, education, and community development during the oil boom. The President made these remarks while hosting a delegation of Former Presiding Officers of the National Assembly, led by former Senate President Ken Nnamani. He reassured […]
Obasanjo says Some Past Government Officials Should Be in Prison
Former Nigerian President Olusegun Obasanjo has asserted that some current government officials should be in prison for their past misconduct and criminal behavior. Obasanjo made this statement on Thursday during a virtual address at the Denis Joseph Slattery memorial lecture in Lagos. He emphasized that individuals with “questionable” integrity cannot make decisions that will benefit […]
FG says Companies that Cannot Pay N70,000 Minimum Wage May Face Imprisonment
The Federal Government has issued a stern warning to private-sector employers, stating that paying wages below the newly established minimum of N70,000 could lead to imprisonment. This announcement was made during the 13th Annual General Meeting of the Employers Association for Private Employment Agencies of Nigeria, held in Ikeja, Lagos. John Nyamali, Director of Employment […]
Yahaya Bello not in our Custody – EFCC
The Economic and Financial Crimes Commission (EFCC) has refuted media reports claiming that former Kogi State Governor, Mr. Yahaya Bello, is in its custody. In a statement dated September 18, 2024, and signed by Dele Oyewale, Head of Media & Publicity, the EFCC clarified that Bello, who has been declared wanted for alleged money laundering […]
Abuja Earth Tremors: NGSA says no Cause for Concern
The Federal Government, through the Nigerian Geological Survey Agency (NGSA), has assured Abuja residents following the recent tremor experienced in Mpape, a suburb of the Federal Capital Territory (FCT). In a statement issued on Wednesday in Abuja, NGSA Director-General, Prof. Olusegun Ige, emphasized that the agency is actively monitoring the tremors and has determined that […]
General Abdulsalami Abubakar Urges Tinubu to Swiftly Address Growing Hardship in Nigeria
Former Military Head of State, General Abdulsalami Abubakar, has called on the Federal Government to find a swift solution to the worsening hardship in the country. He made this appeal on Tuesday in Minna, Niger State, during a meeting with the leadership of the Campaign for Democracy and Human Rights. Speaking from his Hilltop residence, […]
Nigerian Government Issues Flood Alert as Neighbouring Cameroon Plans to Open Lagdo Dam
The Nigeria Hydrological Services Agency (NIHSA) has called for increased vigilance from states along the Benue River due to the planned release of water from the Lagdo Dam in Cameroon. In a statement issued on Tuesday, NIHSA’s Director General, Umar Ibrahim Mohamed, warned that states likely to be affected include Adamawa, Taraba, Benue, Nasarawa, Kogi, […]
Nigeria’s Domestic Prices to Remain High in 2024/2025, Says CBN
The Central Bank of Nigeria (CBN) has projected that domestic prices in Nigeria will remain elevated throughout the 2024/2025 fiscal year. This was disclosed in the bank’s Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines for the upcoming fiscal period. The CBN’s announcement follows consecutive drops in the country’s inflation rate in July and August, […]