BY GODWIN OBI The United Nations Resident and Humanitarian Coordinator for Nigeria, Mohammed Fall, has said about 5.9 million Nigerian children face severe food and nutrition crisis, the highest globally. The UN resident coordinator disclosed this at the launch of 2024 the Lean Season Food Security and Nutrition Crisis multi-sectorContinue Reading
BY GODWIN OBI Rivers State Governor, Siminalayi Fubara, has decried the substantial debt burden inherited from the previous administration of Nyesom Wike, saying most of the projects commissioned in the state were not fully funded. Governor Fubara stated this during the commissioning of the Aleto-Ogale-Ebubu-Eteo Road, also known as OldContinue Reading
BY GODWIN OBI The Federal Government has suspended the controversial cybersecurity levy on electronic banking transactions. Nigeria’s Minister of Information and National Orientation Mohammed Idris disclosed this while briefing State House Correspondents after the Federal Executive Council (FEC) meeting at the State House in Abuja on Tuesday. He said theContinue Reading
BY GODWIN OBI, GIFT ADAEZE OBI, EFE MODESTUS, JAMES AKINOLA AND DURU MARTINS Organized Labour yesterday shut down the headquarters of the Nigeria Electricity Regulatory Commission, NERC, the Transmission Company of Nigeria, TCN, and Abuja Electricity Distribution Company, AEDC, headquarters over the recent hike in electricity tariff. Under the aegisContinue Reading
Yemi Cardoso, CBN Governor •Analysts give mixed reactions BY GODWIN OBI The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has hinted that the apex bank will keep interest rates high until inflation subsides by implementing orthodox policies. Inflation in Nigeria remains stubbornly high at 33.2 per cent,Continue Reading
BY GODWIN OBI Experts and stakeholders have praised the recent Securities and Exchange Commission (SEC) regulations governing the issuance and allotment of securities for private companies emphasizing the regulations’ focus on bolstering investor protection. The SEC last Thursday announced the new rules which declares that “Any person who issues orContinue Reading
BY GODWIN OBI The presidential candidate of the Labour Party, LP, in the 2023 presidential elections, Peter Obi, on Monday, paid a visit to former Vice President, Atiku Abubakar and former Jugawa State governor, Sule Lamido, in their Abuja homes. The outcome of the meeting was not revealed to theContinue Reading
BY GODWIN OBI Rivers State Governor Siminalayi Fubara has announced a plan by his administration to set up a panel of inquiry into the governance of the state. Governor Fubara stated this on Monday after swearing in Dagogo Iboroma as the Attorney General of the state shortly after the SeniorContinue Reading
BY GODWIN OBI Nigeria’s Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar, has reaffirmed Canada’s commitment to strengthening ties with Nigeria. During a working visit to Canada, Tuggar engaged with various stakeholders to advance bilateral relations. In a meeting with Canadian Foreign Minister Mélanie Joly, Tuggar highlighted Nigeria’s position asContinue Reading
BY GODWIN OBI The Nigeria Customs Service (NCS) has signed a Memorandum of Understanding (MOU) with the General Administration of Customs of the People’s Republic of China (GACC) to foster bilateral relationship for the enhancement of economic growth. The Comptroller-General of Customs (CGC) Adewale Adeniyi led some of his managementContinue Reading