Four Judiciary Officers Dismissed Over Failed Promotion Exams
From Victor Osula, Abuja The Niger State Judicial Service Commission (NJSC) has dismissed four officers after they repeatedly failed to …
Read More
Read More
Japan Withdraws JICA ‘Africa Hometown’ Initiative
The Japan International Cooperation Agency (JICA) has announced the withdrawal of its “Africa Hometown” initiative, citing widespread misunderstandings and concerns …
Read More
Read More
Electricity Workers Declare Nationwide Indefinite Strike
From Victor Osula, Abuja he National Union of Electricity Employees (NUEE) has declared a nationwide indefinite strike over unresolved welfare …
Read More
Read More
FG Orders Mandatory Verification Of Academic Credentials Amid Widespread Forgery
From Victor Osula, Abuja The Federal Government has directed all Ministries, Departments, Agencies (MDAs), Military and Paramilitary formations to enforce …
Read More
Read More
UNICEF, EU, ILO Launch €13m Social Protection Initiative In Nigeria
The United Nations Children’s Fund (UNICEF), in partnership with the European Union (EU) and the International Labour Organisation (ILO), on …
Read More
Read More
Tinubu Honours Ogoni Four, Moves To Resume Oil Production in Ogoniland
President Bola Tinubu has conferred posthumous national honours of Commander of the Order of the Niger (CON) on late Ogoni …
Read More
Read More
CBN Cuts Interest Rate to 27% in Policy Adjustment
From Victor Osula, Abuja The Central Bank of Nigeria’s Monetary Policy Committee (MPC) has reduced the Monetary Policy Rate (MPR) by 50 basis points, lowering it from 27.5% to 27%. The announcement was made by CBN Governor, Olayemi Cardoso, during a press briefing on Tuesday in Abuja, following the conclusion of the Committee’s 302nd meeting. Cardoso explained that the MPC also approved other adjustments, including a cut in the Cash Reserve Ratio (CRR) to 45% for commercial banks, while retaining it at 16% for merchant banks. In addition, a 75% CRR was introduced for non-TSA public sector deposits. He said the Liquidity Ratio would be retained at 30%, stressing that the policy shift is aimed at strengthening liquidity management and …
Read More
Read More
UNGA 80: Nigeria Seeks Overhaul Of Global Financial System Governing Africa’s Mineral Resources
By Ayo Kehinde Nigeria has called for an overhaul of the global financial system governing Africa’s mineral resources. Speaking at the Africa Minerals Strategy Group (AMSG) roundtable on the margins of UNGA80, Vice President Kashim Shettima said African nations must finance their mineral sectors and assert control over supply chains to protect sovereignty and secure economic independence. The Nigerian Vice president, while emphasising that Africa must unite to safeguard cobalt, lithium, graphite, gold and rare earths, urged leaders to leverage sovereign funds and innovative tools like the Africa Mineral Token. He outlined four imperatives: climb the value chain, own and standardise Africa’s geological data, accelerate government-led exploration and finance Africa’s mineral future with sovereign and blended funds. The Vice President …
Read More
Read More
Reps Direct AGF To Submit Details of N2.4trn Contractor Payments
The House of Representatives has directed the Accountant-General of the Federation, Shamseldeen Ogunjimi, to provide a detailed breakdown of payments made to contractors from the N2.4 trillion recently released by the Federal Government for project execution nationwide. The directive followed confirmation from the Office of the Accountant-General that the sum had already been approved for disbursement. Deputy Speaker Benjamin Kalu disclosed this after a meeting with the Association of Indigenous Contractors of Nigeria in Abuja. The session came on the heels of earlier protests over delayed payments, which resulted in a partial settlement of 25 per cent in September. The House also warned contractors to ensure authenticity of executed projects, stressing that payments for incomplete or fictitious works would not …
Read More
Read More
FG Revokes 1,263 Mineral Licenses for Annual Service Fees Default
The Federal Government has concluded plans to delete not less than 1,263 mineral licenses from the portal of the Electronic Mining Cadastral system of the Nigerian Mining Cadastral Office, MCO following their revocation by the Federal Government. These include 584 exploration licenses, 65 mining leases, 144 quarry licenses, and 470 small-scale mining leases, according to Segun Tomori Special Assistant on Media to the Minister of Solid Minerals Development, Dele Alake . He said by opening up the areas formerly covered by these licenses, the revocation is expected to spur fresh applications by investors looking for fresh opportunities. “Approving the revocation following the recommendation of the MCO, the Minister of Solid Minerals Development, Dr. Dele Alake said applying the law to …
Read More
Read More
FG Gives Mining Companies Until December 31 to Conclude CDA
Mining and quarrying companies licensed by the Nigerian Mining Cadastral Office since last year are expected to conclude the Community Development Agreements with host communities on or before December 31, this year. Minister of Solid Minerals Development, Dr. Dele Alake, issued the deadline following the review of the performance of companies on the Community Development Agreement in the first six months of this year based on the report of the Mines Environmental Compliance (MEC) department of the Ministry. According to the report, although there were 74 new mineral titles in the first six months of the year, only 24 community development agreements were signed. In 2023, the MCO issued 960 Small Scale Mineral Licences, 391 Quarry licences, and 37 mining …
Read More
Read More
Don Calls for Extension of TETFund to Teaching Hospitals
From Joseph Amedu, Lokoja A Professor of Orthopaedics and Provost College of Health Sciences at the Federal University, Lokoja, Michael …
Read More
Read More
Ex- French President Sarkozy Jailed Five Years Over Libya Campaign Financing
By Ayo Kehinde A Paris court, on Thursday, sentenced former French president, Nicolas Sarkozy, to five years imprisonment along with …
Read More
Read More
FBI Places $10,000 Bounty On Nigerian Fugitive
By Ayo Kehinde The Federal Bureau of Investigation (FBI) has announced a reward of up to $10,000 (approximately N14 million) …
Read More
Read More
FG Declares Free Education In Federal Technical Colleges
From Victor Osula, Abuja The federal government has declared technical education fully free in all Federal Technical Colleges (FTCs) across …
Read More
Read More
Ogun Faults Design Of Senator Gbenga Daniel’s 260-metre Road Project, Demands Revisions from Contractor
By Ayo Kehinde The Ogun State government has faulted the engineering design submitted by Minim and Tonye Nigeria Limited, the …
Read More
Read More
Over N20bn So Far Raised For National Library Project, Says Nigeria’s First Lady
Front m Victor Osula, Abuja Nigeria’s First Lady, Oluremi Tinubu, has announced that more than N20.4 billion has so far …
Read More
Read More
I Won’t Apologise To Senate, Natasha Says As She Resumes Office
From Victor Osula, Abuja The Senator representing Kogi Central in the National Assembly, Natasha Akpoti-Uduaghan, has resumed office after the …
Read More
Read More
How French Forward Dembele Won 2025 Ballon d’Or Award
By Barth Ikiebe with Agency Reports Paris Saint-Germain’s French forward, Ousmane Dembele, has won this year’s Ballon d’Or Award, football …
Read More
Read More
Nigerian Army Court Sentences Four Soldiers To Life Imprisonment, Another For Aiding Enemy
The Special Court Martial (SCM) convened by the Acting General Officer Commanding, 7 Division, Nigerian Army, and Sector 1, …
Read More
Read More
Group debunks report on arraignment by IGP, says it’s fabricated
A Lagos-based under the aegis of the Defenders of Al-Trade Agencies Limited, has debunked the reports making the round that …
Read More
Read More