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A Federal High Court in Abuja has granted the Economic and Financial Crimes Commission (EFCC) permission to freeze 24 bank accounts allegedly linked to terrorism financing. The EFCC had approached the court, seeking an order to freeze the accounts, which are domiciled in various commercial banks in Nigeria. The commission alleged that the accounts […]
Osun State Government under the leadership of Sen. Ademola Jackson Nurudeen Adeleke has vowed to support its Oyo State counterpart on the development of the African Continental Free Trade Area (AFCFTA) Sub-National implementation strategy. This was contained in a goodwill message by the Commissioner for Commerce and Industry, Rev. Bunmi Jenyo at the AFCFTA […]
The Federal Government has announced plans to secure a $750 million loan from the World Bank to improve Nigeria’s power supply. The loan is expected to support the government’s efforts to reform the power sector and increase electricity generation. According to reports, the loan will be used to finance various projects aimed at improving […]
President Bola Tinubu has presented a whopping N49.7 trillion budget for 2025, with a significant portion allocated for debt servicing. According to reports, the Federal Government plans to take out a massive N13 trillion loan to finance its expenditure ¹. This move has raised concerns about Nigeria’s increasing debt burden. The country’s total public debt […]
President Bola Tinubu is set to present the 2025 proposed budget to a joint session of the National Assembly on Tuesday, December 17, 2024. The announcement was made by Senate President Godswill Akpabio during a plenary session. The proposed budget, totaling ₦47.9 trillion, was earlier unveiled by the Minister of Budget and Economic Planning, Atiku […]
The All Progressives Congress (APC) has expressed confidence that the potential alliance between former Vice President Atiku Abubakar and former Anambra State Governor Peter Obi will not pose a significant threat to President Bola Tinubu’s re-election bid in 2027. According to the APC’s National Publicity Director, Bala Ibrahim, the party is not intimidated by the […]
A significant number of Nigerians have obtained American citizenship through their service in the United States military. According to recent data, a total of 3,270 Nigerians have gained citizenship through this pathway. The data, which was obtained from the United States Citizenship and Immigration Services (USCIS), reveals that Nigerians are among the top beneficiaries of […]
The Lagos State University (LASU) community has been thrown into uncertainty following the declaration of an indefinite strike by the university’s Students’ Union. The strike, which was declared due to unresolved issues between the union and the university management, has sparked concerns among students about the potential disruption to their academic activities. However, in a […]
President Bola Tinubu has taken a significant step towards promoting regional development by appointing new nominees for the North West and South East Development Commissions. The nominees, whose names have been submitted to the Senate for confirmation, are expected to play a crucial role in driving economic growth and improving infrastructure in their respective regions. […]
The newly appointed Lagos State Commissioner of Police, CP Olarewaju Olawale Ishola, paid a courtesy visit to Jordan 105.5 FM as part of efforts to strengthen ties between the police and the media. During the visit, CP Ishola was warmly received by the station’s CEO, Dr. Lanre Johnson, along with the management and staff. The […]
