• CBN warns against warehousing illicit funds • Move welcome development –Experts BY OUR REPORTER When the Central Bank of Nigeria (CBN) Governor, Dr Yemi Cardoso, amplified President Bola Tinubu’s call for the upgrade of the Nigerian economy to $1 trillion GDP at the 58th annual bankers’ dinner last November,Continue Reading
BY GODWIN OBI A member of the All Progressives Congress (APC) National Working Committee (NWC), Nze Chidi Duru, has frowned at the report that the Federal Government subsidised religious pilgrimage with N90 billion, warning that such should not have any place in present day Nigeria. Duru, the Deputy National OrganisingContinue Reading
Empty tomb of Jesus at sunrise with crosses in background By Our Reporters Governors and other eminent Nigerians, yesterday, urged citizens to see the significance of the Easter celebration as a reason to persevere and make sacrifices for the growth and development of the nation. They noted that despite theContinue Reading
•Allows CPs to query their orders, State Police Commission to break deadlock •By contrast, President granted total control of the IG of the Federal Police BY GODWIN OBI State Police appears to be on the way to becoming a reality after President Bola Tinubu and state governors agreed to workContinue Reading
BY GODWIN OBI The Nigerian Shippers’ Council (NSC) has approved negotiated and reviewed haulage rates from Eastern ports to various destinations in the country. The rates approved were in consideration of cost moderation and cargo transport issues. The negotiations were harmonious and the rates agreed upon were acceptable by allContinue Reading
BY OUR REPORTER Hoodlums have attacked and razed the Neni Divisional Police station in Anaocha Local Government Area of Anambra State. Emerging reports suggest that the attackers numbering about thirty stormed the area at about 2am in the morning on Thursday, wreaking havoc on several buildings. The State Police PublicContinue Reading
BY GODWIN OBI The Central Bank of Nigeria (CBN) has unveiled new minimum capital requirements for banks, pegging the minimum capital base for commercial banks with international authorisation at ₦500 billion. A circular signed by the Director, Financial Policy and Regulation Department, Haruna Mustafa, to all commercial, merchant, and non-interestContinue Reading
BY GODWIN OBI The latest data from the Nigerian Bureau of Statistics says Nigeria’s public debt stock rose from N87.91 trillion (114.35 billion dollars) in the third quarter of 2023 to N97.34 trillion (108.23 billion dollars) in the fourth quarter of 2023 In its Nigerian Domestic and Foreign Debt ReportContinue Reading
BY GODWIN OBI It was an emotional evening on Wednesday as grieving families and friends of 17 gallant military personnel gruesomely murdered in Delta State laid wreaths in honour of the slain officers and soldiers. After the wreath laying ceremony, tears freely flowed as the white caskets draped in sparklingContinue Reading
BY GODWIN OBI Igbo Cultural Association –Ohanaeze Ndigbo, yesterday, demanded the devolution of power in the ongoing constitutional review by the National Assembly. This is as Enugu State Governor, Peter Mbah, charged Ndigbo to rediscover their innate economic potential and avoid acts capable of self-destruction. President General of Ohanaeze, ChiefContinue Reading