The Central Bank of Nigeria (CBN) has dismissed reports suggesting that the old N200, N500, and N1,000 banknotes will cease to be legal tender on December 31, 2024. In an official statement issued on October 24, 2024, and signed by Sidi Ali Hakama, the Acting Director of Corporate Communications, the CBN clarified that these claims are false and aimed at disrupting the country’s payment system. The CBN’s clarification comes amidst […]
President Bola Tinubu has restricted ministers, ministers of state, and heads of agencies of the Federal Government to a maximum of three vehicles in their official convoys, saying no additional vehicles would be assigned to them for movement. This came as the Presidency explained that Nigerians’ perception played a key role in the President’s decision to reshape his cabinet. The President’s new directive was contained in his Special Adviser on […]
President Bola Tinubu has extended his heartfelt condolences to the Nigerian National Petroleum Company Board, its staff, and the families affected by the recent helicopter crash off the coast of Bonny Finima in Port-Harcourt. In a Friday statement released by Bayo Onanuga, Special Adviser to the President on Information and Strategy, Tinubu expressed his “deepest sympathies” to the families of those lost, affirming his solidarity with the grieving parties. Tinubu […]
BRICS has officially expanded its alliance, adding 13 new nations as partner countries, though not as full members. The announcement was made during the BRICS summit, held in Kazan, Russia, from October 22 to 24, 2024. The 2024 summit, themed “Strengthening Multilateralism for Fair Global Development and Security,” marked the sixteenth annual gathering of the bloc, with a focus on enhancing economic integration with key emerging nations. A post on […]
A driver has allegedly lost his life along the Lagos-Ibadan Expressway after his white Mazda bus collided with a moving truck near Car Park C, in the Lotto area of the highway on Wednesday. The driver, who was the only occupant of the bus loaded with bags of potatoes, was reportedly heading to Lagos when the incident occurred. According to eyewitnesses, the driver may have dozed off behind the wheel, […]
A former member of the House of Representatives, Farouk Lawan, has said regaining freedom after serving his jail term marks a new chapter in his life. Lawan expressed gratitude to God for releasing him from prison. Speaking after his release from Kuje Correctional Facility, Lawan said: “Alhamdulillah, Alhamdulillah, Alhamdulillah. “Today marks the start of a new chapter in my life as I leave Kuje Custodial Centre. I am immensely thankful […]
The Peoples Democratic Party announced late on Tuesday that its planned National Executive Committee meeting, originally scheduled for Thursday, has been postponed to 28 November 2024. The move is to allow the party to focus on strategising and mobilising for the upcoming Ondo State governorship election, which is set to take place on 16 November 2024. This was disclosed in a communiqué issued by the party’s Governors’ Forum, under the […]
Federal workers on the platform of the Federal Workers Forum (FWF) have appealed to the federal government under the leadership of President Bola Tinubu to pay outstanding salaries and other entitlements for the workers. The union made this appeal during its online meeting held on Monday. The communiqué issued at the end of the meeting was made available to news men on Tuesday. The workers in the communiqué, signed by […]
The Supreme Court has reserved judgment in the suit filed by 16 states challenging the constitutionality of the laws establishing the Economic and Financial Crimes Commission and two other agencies. According to the Supreme Court, the date for the judgment will be communicated to the parties. During the resumed hearing on Tuesday, Imo, Bauchi and Osun states joined the suit as co-plaintiffs while Anambra, Ebonyi and Adamawa states withdrew their […]
