Editor

11 Died In Tanzania Sugar Factory

Eleven people including three foreigners were killed in an accident on Thursday at a major sugar factory in Tanzania, police said.The incident occurred in the pre-dawn hours as technical workers at the privately owned Mtibwa Sugar plant in the east of the country were preparing to restart production after a break, Alex Mkama, police commander…

Read More

Court Grants Interim Forfeiture Of $4.7m, N830m, Multibillion naira assets linked to Emefiele

The Federal High Court sitting in Lagos has ordered an interim forfeiture of the sums of $4,719,054, N830,875,611, ascwelk as several properties linked to the former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. Justice Yellim Bogoro made the order on Thursday following an ex-parte application by the Economic and Financial Crimes Commission…

Read More

CBN Bans Street Trading, Directs Proper Reg

The Central Bank of Nigeria (CBN) has banned street trading of foreign currencies by Bureau de Change (BDC) operators, citing the need to regulate the foreign exchange market properly. CBN’s director of risk management, Blaise Ijebor, said street trading of foreign currencies is not allowed as the apex bank does not want BDCs under trees…

Read More

Buhari’s Tenure Probably The Worst Since 1960 – Olabode George

The former Deputy National Chairman of the Peoples Democratic Party (PDP), Chief Olabode George has expressed deep concerns about the state of Nigeria, stating that the country’s fortunes plummeted under former President Muhammadu Buhari’s administration. Bode George, said that one year is too short to evaluate President Bola Tinubu’s administration, urged the President to communicate…

Read More

President Tinubu mandatated a review of tertiary institutions’ governing councils

President Bola Tinubu, on Thursday, ordered a comprehensive review of the recently announced governing boards for Nigeria’s tertiary institutions. This directive precedes the planned inauguration and retreat for the nominees. President’s Special Adviser on Information and Strategy, Bayo Onanuga, announced in a State House statement titled, ‘President Tinubu Directs Comprehensive Review of Governing Boards of…

Read More