BY GODWIN OBI The International Monetary Fund (IMF) has reduced Nigeria’s growth prospects over low crude oil production and severe flooding among other challenges currently bedevilling the country’s economy. The fund, in its recently published World Economic Outlook (WEO), noted that “Nigeria’s growth prospects for 2024 dropped to 2.9% fromContinue Reading
BY GODWIN OBI A Kano State High Court has scheduled Nov. 20 for the hearing of all pending applications in the ongoing case of alleged bribery and misappropriation of public funds against the National Chairman of the All Progressives Congress (APC), Dr Abdullahi Ganduje, and seven others. Ganduje, his wifeContinue Reading
President Bola Tinubu wielded his big stick on Wednesday, and like a surgeon in a theatre, he used his surgical knife, yanked off five ministers, redeployed 10 and appointed seven fresh nominees as ministers to replace the sacked ones as well as two others — Betta Edu who was initiallyContinue Reading
BY GODWIN OBIThe Tin Can Island Port Command of the Nigeria Customs Service (NCS) on Tuesday said it has recorded a revenue generation of N986.3bn between January and October 22, 2024.Customs Controller, Compt. Edera Nnadi, who disclosed this described the figure as very significant considering the fact that the entireContinue Reading
BY GODWIN OBI Nigeria’s engagement with the global debt market remains vibrant despite challenges posed by high borrowing costs, the International Monetary Fund has said. During a press conference on the global financial stability report at the IMF/World Bank annual meetings in Washington DC, the IMF’s Financial Counsellor and DirectorContinue Reading
R-L: Honourable Minister of Marine and Blue Economy, Adegboyega Oyetola, CON; Secretary General, International Maritime Organisation, IMO, Arsenio Dominguez; Minister of Transport and Sustainable Mobility, Government of Spain, Oscar Puente and others during the 2024 World Maritime Day Parallel Event, held in Barcelona, Spain. BY GODWIN OBIThe Minister of MarineContinue Reading
The Port Terminal Multiservices Limited (PTML) Command of Nigeria Customs Service, between January and September 2024, collected a total of N239,233,530,265.48. The Customs Area Command Controller, Tenny Mankini Daniyan who disclosed this, also noted that the figure was N53,448,500,240 higher than the N185,785,030,025.47 collected for January to September 2023, asContinue Reading
BY GODWIN OBI The Chief Justice of Nigeria (CJN), Justice Kudirat Kekere-Ekun, says the construction of 40 Judges’ Quarters in the Katampe District in the nation’s capital, Abuja, will boost the performance of judicial officers in the Federal Capital Territory (FCT). The CJN, who spoke on Monday at the flag-offContinue Reading
BY GODWIN OBI The Nigeria Immigration Service (NIS) has confirmed the arrest of controversial crossdresser Idris Okuneye also known as Bobrisky at the Seme Border. The Service in a statement on Monday night said the social media sensation was arrested while trying to flee Nigeria. A spokesman for the Service,Continue Reading
BY GODWIN OBI The Economic and Financial Crimes Commission (EFCC) has recovered over N200bn and made about 3,000 convictions in one year under the leadership of Ola Olukoyede. President Bola Tinubu appointed Olukoyede as the chairman of the anti-graft agency in October 2023. Since then, the spokesman of the EFCCContinue Reading