The increasing weight of unfavourable economic condition owing to weakening purchasing power has moved Nigerians into a state of hopelessness over the direction of the economy. Also, the widespread cut in spending by Nigerians in […]
The Nigerian police have announced the suspension of the enforcement of the controversial e-CMR on vehicle owners. The police had earlier announced that the enforcement would commence on 29th July which would have led to […]
A raft of fiscal reforms by President William Ruto of Kenya, aimed at increasing the country’s revenue to address its mounting fiscal challenges, has got the East African nation rumbling since last month. A Finance […]
President Bola Tinubu moved in a big way with his Economic Stabilisation Programme, ESP, last week Thursday, July 4, 2024, applying a massive N2 trillion jab into the veins of our sagging economy, with a […]
Minister of Interior, Olubunmi Tunji-Ojo, says the federal government is considering relocating some correctional facilities from their present locations in urban areas. He said this was because urbanisation has eaten deep into the setbacks that […]
NGX Regulation, the regulatory arm of the NGX Group, has suspended trading in the shares of eight companies for default in filing their relevant accounts for 2023. In a market bulletin on Monday, the Head […]
The naira depreciated at both the official and parallel markets on Monday. At the official, Nigerian Autonomous Foreign Exchange Market, the naira dropped to 1,523.85 per dollar, depreciation from the previous close of 1,509.67 to […]
A high court in Rivers state has issued an interim order restraining Simone Chibuzor-Amadi, chief judge of Rivers state, from acting on any resolution or document seeking the impeachment of Siminalayi Fubara, governor of the […]
The Federal Government, on Monday, announced a 150-day duty-free import window for food commodities as it stepped up efforts to tackle rising inflation which had impoverished many Nigerians. The government also expressed its decision to […]
Zenith Bank Plc has emerged as the Best Commercial Bank, Nigeria in the World Finance Banking Awards 2024, retaining the award for a fourth consecutive year. The bank was also named as Best Corporate Governance, […]
THE Federal Government has taken a giant step forward to combat the menace of plastics in the environment. In this, the Federal Executive Council recently approved a ban on single-use plastics, also known as on-the-go […]
ABUJA – THE Federal Government said yesterday no fewer than 21 local government areas in 10 states and the Federal Capital Territory, FCT, have been submerged by flood as a result of torrential rainfall in […]
KuCoin, a cryptocurrency exchange, says it will commence collection of a 7.5 percent value-added tax (VAT) on transaction fees for users in Nigeria. The company said a regulatory update in Nigeria led to KuCoin’s decision […]
The Court of Appeal, Abuja division, on Thursday, dismissed the ex parte order issued on May 10, 2024, by the Rivers State High Court, Port Harcourt, which barred Martin Amaewhule from parading himself as the […]
Keir Starmer, the Labour Party candidate, has won the UK general election and will become the next prime minister of the country. Labour has been declared official winner of the poll after reaching the required […]
Rishi Sunak, outgoing prime minister of the UK, has apologised to the Conservative Party after Labour won the general election by a landslide. Sunak conceded defeat as the networks called the election for Keir Starmer […]
The Nigerian Civil Aviation Authority (NCAA) says 10 private jet operators have been suspended over failure to undergo a recertification process. On March 14, the NCAA threatened to revoke the operating licences of private jet […]
Legislative Agenda: How has the House fared? To properly assess the 10th House of Representatives at the end of its first year, it may be helpful to use the legislative agenda it adopted in November, […]
The directive by the Economic and Financial Crimes Commission (EFCC) Chairman, Ola Olukoyede, for the arrest of two operatives over acts of alleged misconduct during an operation at a hotel in Lagos is in the […]
In a 6-3 split decision, the US Supreme Court has held that former President Donald Trump cannot be prosecuted for official actions taken as president, but lack such immunity for unofficial acts. The justices, in […]
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