The Senate on Thursday approved death penalty for dealers and importers of cocaine, heroin and other hard drugs into the country.
Author: meridianspy
Nigeria’s second largest telecom company, Airtel Africa, has reported significant financial setbacks as a result of currency devaluations in several of its key markets, notably Nigeria and Malawi, resulting in a staggering $1.7 billion in derivative and foreign exchange losses for the fiscal year ending March 31, 2024.
The Nigerian Army (NA) has dismissed claims by a civil society organisation that it forcefully and unlawfully took over a property in Enugu State.
The Federal Government is set to commence a fresh audit of the N2.8tn fuel subsidy claim by the Nigerian National Petroleum Company Limited.
The Military High Command, today, said it has received the delivery of 20 new, improved armored personnel carriers (APCs) to boost troop operations across Nigeria.
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has revealed that his committee will be proposing the removal of Value Added Tax on some basic food, educational and healthcare items.
A member of the Appropriation Committee in the Senate, Jimoh Ibrahim, has asked President Bola Tinubu to dissolve his cabinet and drop some ministers. “You have to dissolve the cabinet. You have to come up with knowledgeable people. The cabinet is too cold,” he said on Channels Television’s Politics Today programme on Wednesday. Ibrahim, who represents Ondo South Senatorial District, regretted that the current crop of ministers don’t fall within the country’s “Grade A” and are not the best for the country as seen so far in the economic situation of the country in about a year since the inauguration…
ALGON) has accused Rivers State governor, Sir Siminalayi Fubara, of withholding statutory allocation due to the 23 local government areas of the state.
Alleged $150m Bribe: Binance’s Claim a Diversionary Tactic, Blackmail – FG The Federal Government of Nigeria is aware of attempts by Binance to launder its impaired image as an organisation that does not play by the rules and laws guiding business conduct in sovereign nations. In a blog post that has now been published by many international media organisations, in an apparent well-coordinated public relations effort, Binance Chief Executive Officer Richard Teng made false allegations of bribery against unidentified Nigerian government officials who he claimed demanded $150m in cryptocurrency payments to resolve the ongoing criminal investigation against the…
A lawyer and former spokesperson of the Atiku/Okowa Presidential Campaign Organisation, Daniel Bwala, has urged Nigerians to adjust to the policies of President Tinubu’s administration. Bwala made this known following the announcement of the implementation of the cybersecurity levy on transactions by the Federal Government on Monday. The Central Bank earlier directed all banks to charge a 0.5 per cent cybersecurity levy on all electronic transactions within the country starting two weeks from May 6. “The levy shall be applied at the point of electronic transfer origination, then deducted and remitted by the financial institution. The deducted amount shall…
By Kabir Abdulsalam The Central Bank of Nigeria (CBN) has called for a renewed focus on monitoring and evaluation (M&E) in project management across West Africa, highlighting its importance during a time of limited resources. The CBN Governor, Mr. Olayemi Cardoso made the call in his opening remarks at a workshop on project management organised by the West African Institute for Financial and Economic Management (WAIFEM) in Abuja. Mr. Cardoso, represented by Dr. Yusuf Bulus, Deputy Director of the Monetary Policy Department at the CBN, emphasised that M&E plays a critical role in ensuring transparency, accountability, and efficient resource utilisation.…
President Bola Ahmed Tinubu has returned to Nigeria after spending two weeks in the Netherlands, and Saudi Arabia.