Israel’s military says it has ringed the Hamas stronghold of Gaza City as it continues its assault on the Gaza Strip. According to the IDF, soldiers were engaged in close quarters fighting with Hamas fighters executing hit-and-run attacks from tunnels. The UN said four of its schools that were being utilized as shelters had been …
Read more “Israel vs Palestine war: IDF Soldiers totally encircle Gaza city”
A Federal Capital Territory (FCT) High Court in Abuja has ordered the unconditional and immediate release of former Central Bank of Nigeria (CBN) Governor Godwin Emefiele. The court issued the ruling after Emefiele filed a Motion Ex-parte seeking his release from the custody of the Economic and Financial Crimes Commission (EFCC) awaiting the hearing and …
Read more “Court gives EFCC fresh order to immediately release ex-CBN gov, Emefiele”
The Central Bank of Nigeria (CBN) has informed Nigerians that the country has an adequate supply of Naira notes. Isa AbdulMumin, the bank’s Director of Corporate Communications, stated this in an Abuja statement on Thursday. Recently, several bank clients have complained about a lack of Naira notes at counters, Automated Teller Machines (ATMs), Points of …
Read more “CBN breaks silence on Naira scarcity in banks, PoS, others”
Hope Uzodimma, governor of Imo state, has accused Joe Ajaero, president of the Nigeria Labour Congress (NLC), of interfering in state politics. According to reports, Uzodimma was accused by organized labour of collaborating with the state’s Commissioner of Police, Muhammed Barde, to “abduct” their president. Earlier in the week, Ajaero accused the Imo State administration …
Read more “Gov Uzodimma finally reacts to ‘attack’ on NLC president, Ajaero”
The Economic and Financial Crimes Commission (EFCC) will arraign Cletus Ibeto, Chairman/Chief Executive Officer of Ibeto Energy Development Company, before the Lagos State High Court sitting in Ikeja on Friday for an alleged N4.8 billion scam. Following the businessman’s inability to appear in court for his arraignment, trial judge Justice Ismail Ijelu set October 5, …
Read more “EFCC sets Nov 3rd to arraign billionaire businessman, Ibeto, companies”
President Bola Tinubu on Thursday in Abuja urged all candidates and voters in the November 11 gubernatorial elections in Bayelsa, Imo, and Kogi States to ensure free and fair elections. The President made the request during the presentation of the flags of the All Progressives Congress (APC) to the candidates for the 2019 elections. He …
Read more “Guber polls: Tinubu hands APC flags to Uzodimma, Ododo, Sylva”
The House of Representatives has removed President Bola Tinubu’s proposed N5 billion presidential yacht from the 2023 supplementary budget. Abubakar Bichi (APC, Kano), the head of the House Committee on Appropriation, declared this on Thursday after the House passed the N2.17 trillion supplementary budget. Mr Bichi told journalists that the committee eliminated the item and …
Read more “Reps shatter Tinubu’s hopes, remove N5billion presidential yacht from budget”
The Central Bank of Nigeria, CBN, reportedly “cleared” the foreign exchange backlogs of airlines and institutions. According to sources with knowledge of the situation who were interviewed by Nairametrics, institutions are asserting that the central bank is clearing backlogs. Additionally, they reveal that airlines are experiencing the resolution of their backlogs. The origin of the …
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