Tinubu writes Senate, seeks approval to borrow $5 billion
PRESIDENT Bola Tinubu has written the Senate seeking approval to borrow $5 billion. In a letter to the President of the Senate, Senator Godswill Akpabio, which was read on Tuesday during plenary, the loan will be obtained from Abu Dhabi Bank and it is aimed at covering budget deficit, debt financing, among others. In another […]
El-Rufai drops magistrate from N1bn rights suit
A former Governor of Kaduna State, Nasir El-Rufai, on Tuesday withdrew his fundamental rights enforcement suit against a magistrate in his N1bn claim pending before the Federal High Court in Abuja. The withdrawal followed concerns raised by the trial judge, Justice Joyce Abdulmalik, over the failure of the plaintiff to properly identify the magistrate sued […]
Kebbi PDP federal lawmaker dumps PDP for APC
House of Representatives member representing Birnin Kebbi, Kalgo and Bunza Federal Constituency, Ibrahim Mohammed, has formally resigned from the Peoples Democratic Party (PDP), citing persistent leadership crises and internal conflicts within the party. In a statement announcing his decision, the lawmaker said the PDP has been grappling with unresolved leadership challenges and prolonged litigations, which […]
Plateau, Kaduna killings: Bring perpetrators to justice, Tinubu tells security agencies
PRESIDENT Bola Tinubu has told security agencies to be proactive in preventing attacks taking place in different parts of the country, especially in the north, condemning the attacks by gunmen in Angwan Rukuba district, Jos, Plateau State. He equally condemned the attacks in Kahir village in Kagarko Local Government Area of Kaduna State. Describing the […]
Cryptocurrencies aiding Iran during war -Report
Since the start of the Middle East conflict, Iran has witnessed massive cryptocurrency flows. Experts say they are being used to circumvent sanctions placed on Iran’s Revolutionary Guards, as well as a financial safe haven by civilians hit by soaring inflation. AFP examines how exactly digital currencies are being used in the country. – Millions […]
UN to hold talks on Iran war Friday
The UN Security Council will hold closed-door consultations on Friday to discuss strikes on Iran at Moscow’s request, Russian state media reported, as the Middle East war nears its second month. Iran has come under near-daily bombardment since US-Israeli strikes on February 28 triggered the war, which has since widened to large parts of the […]
India slashes fuel taxes over Mideast war shortages — Finance minister
India has reduced taxes on diesel and petrol, the government announced on Friday, as the Middle East war continues to disrupt global energy supplies. “In view of the West Asia crisis, the central excise duty on petrol and diesel for domestic consumption has been reduced”, Finance Minister Nirmala Sitharaman said in a statement, referring to […]
CBN blacklists top loan defaulters
The Central Bank of Nigeria has officially restricted banking services for “chronic defaulters” and large-ticket obligors with non-performing loans. In a sweeping move to enforce credit discipline and safeguard the nation’s financial system, the apex bank issued a policy statement on Wednesday following remarks by CBN Governor Olayemi Cardoso at the 4th Annual IMF/AFRITAC West […]
Abia holds state burial for cleric Uma Ukpai
The Abia State Government has held a state burial service in honour of the late Abia-born global evangelist, Rev Uma Ukpai, who died at the age of 80. Speaking at the event held at the International Conference Centre, Umuahia, on Thursday, Abia State Governor, Alex Otti, challenged people to live good lives so that they […]
32 governors, 8,450 delegates arrive Abuja for APC convention
President Bola Tinubu and members of his cabinet, as well as 32 state governors and 8,453 delegates from across the country, are expected to participate in the National Convention of the All Progressives Congress scheduled for Friday (today) and Saturday in Abuja. In addition, top party chieftains from the national, zonal, state and ward levels […]
