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The Economic and Financial Crimes Commission (EFCC) has apprehended thirty-six (36) individuals suspected of engaging in internet fraud in Abeokuta, Ogun State. The operation, carried out by the Ibadan Zonal Command of the EFCC, unfolded on Monday, February 26, 2024, targeting locations in Gbokoniyin and Yetedo areas of Abeokuta. The arrests came as a […]
Nigerian authorities have detained two senior executives of Binance, a prominent cryptocurrency exchange platform. This crackdown comes amidst heightened concerns over the rapid devaluation of the Nigerian currency and its impact on inflation, which recently soared to nearly three-decade highs at 29.9 percent. The detained executives reportedly flew to Nigeria following the country’s recent ban […]
The House of Representatives has voted against a proposed bill that aimed to amend critical sections of the constitution pertaining to presidential and gubernatorial elections. Sponsored by Awaji-inombek Abiante of the People’s Democratic Party (PDP), the bill sought to make it mandatory for presidential and gubernatorial candidates to secure more than 50 percent of the […]
No fewer than 100 people have so far benefited from the ongoing Free Surgical Intervention Programme initiated by the Ogun State Governor, Prince Dapo Abiodun. The programme kicked off on Monday with the registration of patients, while surgical operations started in earnest on Tuesday. The surgical procedures are taking place across the six State Hospitals […]
The Minister of Information and National Orientation, Mohammed Idris, the Federal Government has moved to allay fears of job losses following the implementation of the long-awaited Oronsaye Report. After twelve years of deliberation, the government has approved certain recommendations from the Oronsaye Report aimed at reducing the nation’s governance costs. This decision entails merging […]
Former Labour Party presidential candidate Peter Obi has lauded President Bola Ahmed Tinubu for his directive to execute the Steve Oronsaye report. President Tinubu’s recent order to fully implement the findings of the Presidential Committee on the Rationalisation and Restructuring of Federal Government Parastatals, Commissions, and Agencies signifies a strategic move towards streamlining governmental operations […]
Renowned lawyer and human rights activist, Mike Ozekhome, SAN, has strongly criticized the current administration led by President Tinubu, stating that it has exacerbated poverty levels in Nigeria. During a live program on Channels TV, Ozekhome emphasized the urgent need for Tinubu and his team to address the economic challenges gripping the nation, especially as […]
In a keynote address at the 2024 Nigeria International Energy Summit (NIES) in Abuja, President Bola Tinubu provided insights into the decision to remove the subsidy on petrol, emphasizing the necessity for transparency and accountability in the energy sector. Acknowledging the hardship caused by the subsidy removal, President Tinubu assured the nation that the decision […]
The Central Bank of Nigeria, CBN has raised its benchmark interest rate, the Monetary Policy Rate MPR to 22.75 per cent. This represents 400 basis points from the current 18.75 percent. CBN Governor, Mr. Olayemi Cardoso disclosed this at the end of the Monetary Policy Committee, MPC meeting held in Abuja today. Recall that […]
Former Kaduna Senator Shehu Sani has issued a stern warning to President Bola Tinubu regarding the looming specter of job losses in the federal civil service as a result of the full implementation of the Oronsaye report. Tinubu recently mandated the complete execution of the report from the Presidential Committee on the Rationalisation and Restructuring […]
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