• President says Nigeria’s financial system under ex-CBN boss rotten • God gave me courage to stop subsidy, a 40-year-old scam BY GODWIN OBI Two weeks after the suspension and the arrest of former Governor of the Central Bank of Nigeria, Godwin Emefiele, President Bola Tinubu has finally spoken onContinue Reading
BY GODWIN OBI The Central Bank of Nigeria (CBN) on Wednesday informed all authorised dealers and the general public of immediate changes to operations in the Nigerian Foreign Exchange (FX) Market. This will involve the unification of all segments of the forex market collapsing all previous windows into one, saidContinue Reading
GODWIN OBI The Executive Secretary of the Nigerian Shippers’ Council (NSC); Mr Emmanuel Jime has confirmed the presence of rivalry among government agencies in the maritime sector. Jime while speaking during the Maritime Appreciation Dinner organised by the League of Maritime Editors in honour of the immediate past Minister of Transportation;Continue Reading
BY GODWIN OBI The Southern Elders Forum (SEF) has thrown their weight behind the joint ticket of former governors of Abia and Zamfara states, Dr. Orji Uzor Kalu and Abdullaziz Yari for the Senate presiding offices. Rising from a crucial meeting in Abuja which was attended by members drawn fromContinue Reading
By Godwin Obi President Bola Tinubu has signed into law the Student Loan Bill in fulfilment of a promise he made during his campaign. This was announced on Monday by the spokesperson to the Federal Government Mister Dele Alake, saying that the funds will be domiciled in the Ministry ofContinue Reading
BY GODWIN OBI The Imo State Police Command says it will ensure it apprehends the killers of one of its officers, Inspector Charles. Charles whose surname was not disclosed, served as orderly to a former Speaker of the State House of Assembly, Chiji Collins. Charles had been kidnapped last monthContinue Reading
By Godwin Obi The suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, is in the custody of the Department of State Services (DSS) custody, the secret police has confirmed. This is according to a statement by the Public Relations Officer (PRO), Peter Afunanya, on Saturday. “The DepartmentContinue Reading
BY GODWIN OBI Governor Abdullahi Sule of Nassarawa State says the government of ex-President Muhammadu Buhari spent more than the $19 billion used in building the Dangote Refinery in the maintenance of the country’s refineries. Nigeria has refineries in Kaduna, Port Harcourt, and Warri but none is functioning with expertsContinue Reading
BY GODWIN OBI Two officials of the Independent National Electoral Commission (INEC), on Thursday, told the Presidential Election Petitions Court that they could not upload the February 25 presidential election results on the Result Viewing Portal (IReV) even though they were able to upload the Senatorial and House of RepresentativesContinue Reading
BY GODWIN OBI ABUJA-Five ad hoc staff of the Independent National Electoral Commission, INEC, have been okayed to testify as special witnesses in the petition that a former vice president and candidate of the Peoples Democratic Party, PDP, Alhaji Atiku Abubakar, filed to challenge the outcome of the 2023 presidentialContinue Reading