The special investigator appointed by President Tinubu to probe the CBN under Godwin Emefiele’s leadership has submitted his report. President Bola Tinubu on Friday, commended Jim Obazee, former Chief Executive Officer of the Financial Reporting Council of Nigeria (FRC), as he concludes investigations into the activities of the some federal government institutions, including the Central…
The Minister of Power, Mr. Adebayo Adelabu, restate that the federal government’s commitment to continue to subsidise electricity for Nigerians in order to guarantee stable and reliable supply. Adelabu said this Friday in Abuja at the Ministerial Press Briefing Series organised by the Ministry of Information and National Orientation while giving explanations on the April…
The convict was prosecuted by the Economic and Financial Crimes Commission, EFCC. He was convicted after the accused pleaded guilty of the charge, saying he was ignorant of the offence Justice Abimbola Awogboro however reserved ruling on a four-count charge brought against him by the Economic and Financial Crimes Commission (EFCC). The judge ordered that…
The Federal Government has fixed the maximum speed limit for vehicles using the Third Mainland bridge at 80 kilometres per hour. Minister of Works, David Umahi, announced the speed limit during the official opening of the bridge in Thursday. He spoke through the Federal Controller of Works Lagos, Olukorede Kesha. The minister also urged the…
The Economic and Financial Crimes Commission will today arraign a popular cross-dresser, Idris Okuneye aka Bobrisky, before a Federal High Court in Lagos over naira abuse and failure to declare his firm’s activities of N180.7 million. The anti-graft agency filed the charge against the social media celebrity on Thursday. Bobrisky was kept in a separate…
The Governor of Lagos State, Babajide Sanwo-Olu, has expressed his gratitude to President Bola Tinubu and Minister of Works, Dave Umahi, after the full reopening of the Third Mainland Bridge. The governor announced the reopening of the bridge to traffic on Thursday following weeks of serious repair work by the Federal Ministry of Works. In…
The United Kingdom government has increased the general salary threshold for those arriving in the UK on a Skilled Worker visa from £26,200 to £38,700. According to the Home Secretary, James Cleverly, the minimum wage increased by 48 per cent to cut migration and put British workers first in force. Changes that are now in…
In order to train experts, sensitise people, and help in developing mental health care in the country, the Nigeria Mental Health Practitioners (NMHP)-USA Incorporated, has concluded plans to launch the Nigeria-American Institute for Mental Health in Enugu. Addressing the press in Umuahia on Wednesday, the President of the group, Dr Azubuike Aliche, said: “We decided…
The recent decision by the Federal Government to implement a staggering 240 percent hike in electricity tariffs for consumers enjoying a 20-hour power supply has sparked widespread condemnation from manufacturers and organised labour. The move, announced by the Nigerian Electricity Regulatory Commission (NERC) in Abuja, has drawn sharp criticism from industry stakeholders and labor unions…
12 states in Nigeria are forging ahead with plans to start generating power in their respective states in conformity with the Electricity Act 2023. It has been revealed that Lagos, Kano, and 10 other states have made arrangements to commence power generation within their territories in compliance with the Electricity Act of 2023. A consumers…
