Category: News
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Fuel marketers express concern as FG dismisses potential price increase.
Oil marketers have urged President Bola Tinubu to reconsider the decision on subsidy removal for Premium Motor Spirit (petrol), given the challenges faced in obtaining U.S. dollars and the consequent strain on businesses. President Tinubu has ruled out any potential fuel price increase and maintains his stance on subsidy removal. Taking Kenya as an example,…
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EFCC targets dollar speculators as CBN reduces bank allocations.
Banks are grappling with a dollar deficit following the Central Bank of Nigeria’s (CBN) decision to cut their foreign exchange allocations. Several bank representatives expressed their challenges in satisfying forex requirements for purposes like school fees and personal travel. A senior tier-1 bank official mentioned the widening gap between forex demand and supply, hopeful for…
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“Emefiele & allies face Thursday arraignment for N6.9bn fraud.”
The Nigerian Federal Government is preparing to prosecute Godwin Emefiele, the suspended Governor of the Central Bank of Nigeria (CBN), for his involvement in a N6.9 billion procurement scandal. Alongside Emefiele, Sa’adatu Yaro and her firm, April1616 Investment Limited, will also face the court. The trio is charged with procurement fraud, conspiracy, and providing corrupt…
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Uncovered: Suspected Scheme by Governor Fintiri to Provoke Unrest in Adamawa
As the governorship election petition tribunal sitting in Yola, Adamawa State capital is winding up its assignment, indication has on Tuesday, emerged that the governor, Ahmadu Fintiri, is planning mayhem against the tribunal members, lawyers and litigants ahead of the verdict. A highly placed political source in the state has confirmed that the embattled governor,…
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The Court of Appeal sitting in Benin City, Edo State capital has affirmed Comrade (Barrister) Julius Abure as the National Chairman of Labour Party.
FROM Lateef Taiwo The Court of Appeal sitting in Benin City, Edo State capital has affirmed Comrade (Barrister) Julius Abure as the National Chairman of Labour Party. In the case of Mr. Lucky Shaibu v. Julius Abure & 5 ORS (Appeal No: CA/B/93/2023), His Lordships Justices Theresa Ngolika Orji Abadua JCA, Fatima Omoro Akinbami…
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Auchi Ruling House Dispute: Mamudu Ikharo Heads To Appeal Court
FROM Lateef Taiwo Dissatisfied with the May 8, 2023 judgment of the Chief Judge of Edo State, Justice Daniel Okungbowa which struck out the suit between the different sub-ruling houses of Ikelebe Family of Auchi, Edo State, the claimants have headed to the Appeal Court, Benin to challenge the decision of the Benin High…
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Dormant Resources is Capable of Reinvigorating Economy-Kalu
By Lateef Taiwo,Abuja Deputy Speaker, Hon. Benjamin Okezie Kalu has emphasized the need for the country to plough back dormant resources in the form of recovered public funds to boost the economy and create employment. Kalu made the assertion on Monday while declaring open the inaugural session of the House Ad-hoc committee on “Identification…
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FERMA Begins Repairs on Failed Sections of Benin-Sagamu Road
FROM Lateef Taiwo Commuters traveling along the Benin-Sagamu road can now breathe a sigh of relief as the Federal Road Maintenance Agency (FERMA) has embarked on maintenance work to reinstate the failed sections of the expressway. Engr. Muktar Abdulrahim, the Federal Road Maintenance Engineer in Edo State, mentioned that the agency has successfully addressed…
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Work Racketeering: Reps C”ttee Queries JAMB Registrar Over Employment Without Advertising ….mandate immediate submission of nominal role
From Lateef Taiwo The House of Representatives Ad-hoc Committee investigating employment racketeering by Ministries Departments and Agencies and Mismanagement of the Integrated Payroll and Personnel Information System, IPPIS, has grilled the Registrar of the Joint Admissions and Matriculations Board JAMB, Prof Ishaq Oloyede over lopsided employment in the agency. The Chairman of the Committee, Hon.…
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Isese Festival: Stay away from Ilorin, Council of Ulama warns adherents
INTERNSHIP SIGNED COPY Stephen Olufemi Oni, Ilorin The Council of Ulama (Islamic clerics) in Kwara State has warned those planning to celebrate their Isese festival in Ilorin, the state capital, to retrace their steps. The Council warned that Isese festival, under any guise, would not be allowed in any part of Ilorin Emirate, comprising Asa,…