Written by Operatives of the Makurdi Zonal Directorate of the Economic and Financial Crimes Commission have arrested Fanen Ochough, a former Local Government Chairmanship aspirant in Gwer West, Benue State, for impersonation and defrauding victims of N14 million. In a statement shared on Instagram on Tuesday, the EFCC said Ochough was arrested for impersonating the Principal Private […]
The Plateau State House of Assembly, under the leadership of Speaker Daniel Nanlong, has announced the official return of its legislative activities to the newly renovated permanent assembly complex in Jos. The News Agency of Nigeria (NAN) reports that lawmakers had been conducting plenary sessions and other legislative functions at a temporary chamber in the […]
The Oyo State House of Assembly has summoned officials of the Ministry of Lands, Housing, and Urban Development to appear before its Committee on Lands and Survey. The Speaker, Rt. Hon. Adebo Ogundoyin gave the directive at the plenary session on Tuesday. The directive, according to him, became imperative over alleged fraudulent and irregular land […]
Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria (CBN) Governor, Mr. Yemi Cardoso, has emphasized that Nigeria does not need to persuade investors to invest if the nation maintains strong macroeconomic fundamentals. Speaking at the bank’s 2025 Executive Seminar, Cardoso said stability and predictability are crucial to attracting capital. “Stability is at the core of … Continue reading “Macroeconomic stability, predictability key to attracting investors — Cardoso”
By Omolara Ojugbele, Ayomide Kasali & Olaoluwa Olaleye The Nigeria Deposit Insurance Corporation (NDIC) has reiterated its directive to banks to resolve customers’ complaints within two weeks, warning that unresolved cases after the deadline can be escalated directly to the Corporation for intervention. The move, according to the NDIC, is part of its renewed commitment to … Continue reading “NDIC reaffirms 2wks deadline for banks to resolve customers’ complaint”
The Benue State House of Assembly on Tuesday suspended two of its former leaders Mr. Saater Tiseer (APC, Mbagwa), a former Majority Leader, and Mr. Michael Audu (PDP, Adoka-Ugboju), a former Minority Leader over allegations of gross misconduct. The decision followed a motion moved by the current Majority Leader, Mr. Thomas Dugeri (APC, Kwande West), […]
By Victor Ahiuma-Young & Abel Daniel Panic has gripped the Federal Civil Service following the abduction of six Directors of the Federal Ministry of Defence by gunmen along the Kabba-Lokoja highway. This came as no fewer than three Migil youths have been killed by bandits despite the state government’s threat to deal decisively with perpetrators. … Continue reading “Panic as bandits abduct 6 Defence Ministry directors, kill 3 youths in Nasarawa”
Nigeria’s preparations for Thursday’s crucial 2026 FIFA World Cup playoff against Gabon suffered a major setback on Tuesday as the Super Eagles players and officials boycotted training in Rabat over unpaid allowances and bonuses. According to veteran BBC journalist Oluwashina Okeleji, the entire squad, including backroom staff, refused to train due to long-standing financial grievances […]
Nigeria’s digital infrastructure took a significant step forward with the commissioning of Africa’s largest fibre optic cable factory and the continent’s first fibre-reinforced plastic (FRP) manufacturing facility. Industry experts say the plant, built by Coleman Technical Industries Limited (CTIL) in Sagamu, Ogun State, is a strategic asset for national development. Commissioned by President Bola Ahmed Tinubu, … Continue reading “Nigeria unveils Africa’s largest fibre optics factory with local funding”
•As MOFI Real Estate Investment Fund Lists on NGX By Peter Egwuatu The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has assured investors that the Federal Government will revisit provisions on Capital Gains Tax (CGT) in the new tax reform framework to ensure a fair and investor-friendly outcome. Edun made this … Continue reading “Edun pledges review of capital gains tax to boost investor confidence”