News

The Central Bank of Nigeria (CBN) has warned the general public to be cautious of fraudulent ‘Swift’ messages and unsubstantiated claims regarding foreign currency transfers allegedly withheld by Nigerian banks or the apex bank itself. The warning follows a surge in petitions from private individuals, law firms, government agencies, and private entities claiming that foreign currency funds sent to their accounts by foreign entities have not been credited.   In […]

The First Lady, Senator Oluremi Tinubu, has called for sustained efforts towards achieving gender equality in the country. She said that gender equality is essential to achieving a peaceful, equitable society and sustainable development. Speaking at the 2024 Gender Conference held on Tuesday at the University of Lagos, she emphasised the significance of justice, equity, and empowerment in advancing society. The First Lady, who was represented by Mrs Maryam Obadina, […]

The Nigerian Meteorological Agency, NiMet, has predicted sunshine and dust haze from Wednesday to Friday across the country. NiMet’s weather outlook released on Tuesday in Abuja envisaged moderate dust haze on Wednesday in the northern region with horizontal visibility of 2km to 5km over Zamfara, Katsina, Kano, Sokoto, Kebbi, Jigawa and Kaduna. The agency expected a slight dust haze over the remaining parts of the region during the forecast period. […]

President Bola Tinubu has written the Senate seeking confirmation of the appointment of commissioners for the Independent National Electoral Commission (INEC). Tinubu’s request is contained in a letter to the President of the Senate, Godswill Akpabio, and read during plenary on Tuesday. The nominees, according to the letter, include: Tukur Yusuf, National Electoral Commissioner, representing North-west; Sunday Aja, National Electoral Commissioner (South-east) and Saseyi Ibiyemi as Resident Electoral Commissioner (REC) for Ondo […]

The Senate will approve the $2.2bn (about N1.77tn) loan request of President Bola Tinubu today (Wednesday). This request, submitted by the President, is part of the external borrowing plan outlined for implementing the N28.7tn 2024 budget. In separate letters read during the Senate and House of Representatives plenary on Tuesday, Tinubu explained that the loan would partially finance the N9.7tn budget deficit for the 2024 fiscal year. After reading the […]

Governor Seyi Makinde of Oyo State has constituted a monitoring team to oversee the payment of compensation to land owners affected by the acquisition of lands on the first segment of the Senator Rashidi Adewolu Ladoja Circular Road.   A letter signed on behalf of Olanike Adeyemo, a Professor and the Secretary to the State Government, indicated that the monitoring team would be headed by Sunday Odukoya, a retired of […]

Ngozi Okonjo-Iweala has been re-appointed as the director-general of the World Trade Organization (WTO). She is now set to serve her second term as the DG of the global trade institution. The WTO had earlier confirmed that Okonjo-Iweala was the sole candidate for the position. A statement by the organisation on Saturday said Okonjo-Iweala, Nigeria’s former finance minister, confirmed her willingness to serve a second four-year term on September 16.