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Military neutralizes 140 terrorists, prevents N1.75b oil theft in one week
The Defence Headquarters has confirmed it troops operating across various theaters in the country neutralized 140 terrorists, rescued 76 kidnapped hostages and thwarted an attempt at oil theft, preventing losses estimated at over ₦1.75 billion . Speaking on Thursday during the biweekly media briefing at the Defence Headquarters in Abuja,…
Read More »CBN Strengthens Diaspora Ties to Boost Nigeria’s Economic Growth
In a strategic move to harness the economic potential of Nigeria’s diaspora, the Central Bank of Nigeria (CBN) has led a combined team of the Nigeria Inter-Bank Settlement System (NIBSS), major Nigerian banking institutions, and International Money Transfer Operators (IMTOs), to engage with the Nigerian Diaspora community in Houston, Texas,…
Read More »No Deadline on Circulation of Old Naira Banknotes – CBN
The Central Bank of Nigeria (CBN) has clarified that there is no deadline for the use of the old N200, N500, and N1,000 banknotes, debunking rumors that these denominations will cease to be legal tender by December 31, 2024. In a statement released on Friday and signed by Acting Director…
Read More »MOURINHO SEEKS WINNER’S MEDAL AND BONUS IF MAN CITY ARE STRIPPED OF TITLES
Jose Mourinho cheekily said he is looking to add a fourth Premier League medal to his glittering cabinet if Manchester City are stripped of their titles and rivals Manchester United are awarded the Premier League trophy for the 2017-18 season. Mourinho, who won three titles with Chelsea, guided United to…
Read More »Tinubu scraps Niger Delta Ministry, others
The Federal Executive Council (FEC) on Wednesday scrapped the Niger Delta Ministry and the Ministry of Sports Development. “There will now be a ministry of regional development to oversee all the regional development commissions, such as Niger Delta Development Commission, North West Development Commission, South West Development Commission , North…
Read More »Nigerian Army says COAS, Taoreed Lagbaja is alive
The Nigerian Army has dismissed the rumoured death of the Chief of Army Staff (COAS), Lt.-Gen. Taoreed Lagbaja, by some individuals on social platforms. The army debunked the rumour in a post on its official X Handle on Sunday, tagging a post by one Jackson Ude as: “Fake News”. The…
Read More »Cardoso Restates CBN’s Commitment To Youth Development
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reiterated the Bank’s commitment to developing the next generation of leaders in the financial and social sciences sectors. He has also emphasised the necessity of addressing the scarcity of skilled professionals in finance-related fields in Nigerian universities.…
Read More »FG, states, LGs share N1.298trn for September
Federal Accounts Allocation Committee (FAAC), has shared N1.298 trillion among the Federal Government, states, and the Local Government Councils (LGCs) for September. A communique issued at the end of FAAC meeting for October held on Thursday in Abuja said N1.298 trillion total distributable revenue comprised distributable statutory revenue of N124.716…
Read More »INEC Confirms Ondo Election Preparedness, Sets Anambra Governorship Poll for November 2025
The Independent National Electoral Commission (INEC) has confirmed that the Anambra State Governorship election will be held on November 8, 2025, while preparations are in full swing for the Ondo State Governorship election, which is scheduled to take place in just 29 days. Speaking at the fourth regular consultative meeting…
Read More »Public Private Partnership Model- A necessity for Maritime Infrastructural development in Nigeria – Mobereola
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola, has said that adopting the Public Private Partnership (PPP) model is essential for the infrastructural development of Nigeria’s maritime sector. The Director General, who made this statement while hosting Dr. Jobson Oseodion Ewalefoh, the Director…
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