Tinubu Congratulates Pope Leo XIV, Hails Catholic Church
President Bola Tinubu has rejoiced with the Roman Catholic Church on the emergence of Pope Leo XIV as the Bishop of Rome and the new leader of the church. In a statement on Thursday, presidential spokesman, Bayo Onanuga, said his principal also prayed for the successful tenure of the newContinue Reading
Rising insecurity: NASS, ex-generals demand urgent military re-armament
•Senate moves to tackle killings as retired military chiefs, Reps lament insurgents’ use of sophisticated arms Retired military generals have again called on the Federal Government to urgently equip the Nigerian Armed Forces, amid growing concerns over the resurgence of terrorists’ attacks and killings in the North-East. This comes asContinue Reading
N4.7tn debt: Gencos demand date to meet Tinubu
Electricity generation companies want President Bola Tinubu to hasten the plan of meeting with the firms over the N4.7tn power sector debt to the Gencos. While saying there is no date fixed for the meeting yet, the Gencos want the meeting to take place as soon as possible. In aContinue Reading
Eight Reps members dump parties for APC, PDP
Eight members of the House of Representatives on Tuesday announced their defection from their political parties to new ones. Six lawmakers from Delta State formally dumped the Peoples Democratic Party (PDP) for the All Progressives Congress (APC), while two lawmakers from Enugu State left the Labour Party to join theContinue Reading
Maritime Editors Urge FG to Grant Autonomy, Fixed Tenure for Customs Leadership
The League of Maritime Editors (LOME) has called on the Federal Government to grant the Nigeria Customs Service (NCS) full autonomy and introduce a fixed tenure for its leadership to strengthen governance and reform efforts. In a statement signed by its President, Mrs. Remi Itie, and Public Relations Officer, Mr.Continue Reading
House of Reps sued over probe of bank accounts
The Federal High Court in Lagos will on July 18 hear a suit by Sterling Bank and its subsidiaries challenging the House of Representatives’ authority to investigate the management of funds in the accounts of two of its customers – Dr. Innocent Usoro and Miden Systems Limited. The plaintiffs –Continue Reading
FEC Approves ‘Nigeria First’ Policy To Support Local Industry
The Federal Executive Council (FEC) has approved a Nigeria First economic policy targeted at prioritising the use of locally manufactured goods and services in all government procurements. Nigeria’s Minister of Information and National Orientation, Mohammed Idris, said this on Monday after the FEC meeting in Abuja. Mohammed said the policyContinue Reading
Dangote Commends Tinubu For ‘Revolutionary Change’ In Oil Sector
President of Dangote Group, Aliko Dangote, at the weekend visited President Bola Tinubu in Abuja, lauding him for what he described as assembling a ‘capable leadership team’ at the Nigerian National Petroleum Company Limited. During the visit, Dangote highlighted the appointments of Bashir Ojulari as Group Chief Executive Officer andContinue Reading
How Sterling Bank ‘ll pay Nigerians ₦1m extra monthly
Lagos, Nigeria: Leading commercial bank and Africa’s most agile company, Sterling Bank has announced the introduction of AlwaysOn by Sterling, a bold new feature on its OneBank platform that will give eligible customers up to ₦1 million extra every month -even when their account balances are running low. Launched onContinue Reading
Fed Govt allays fear over threat to Budget 2025 implementation
Despite headwinds, Budget 2025 will be implemented to achieve its objectives, Federal Government sources said yesterday. A drastic drop in oil price and delayed take-off, among other factors, are threatening the N54.99 trillion Appropriation Act. An official said there was no cause for worry because the government can easily adjustContinue Reading