The Central Bank of Nigeria has finally lifted the foreign exchange restrictions it placed on importers of 43 items eight years ago, In a statement signed by CBN’s Director of Corporate Communications, Dr. Isa AbdulMumin, the bank said this is a significant change to the foreign exchange market policy.Continue Reading
A petrol-laden tanker has exploded in the Sari Iganmu area of Lagos State. It was gathered that the incident happened on Thursday evening. The cause of the explosion is however yet unknown. Meanwhile, officials of the Lagos State Fire and Rescue Services are currently combating the fire. Continue Reading
Osun State Governor, Ademola Adeleke has described the Military, especially the Army as the pillar of Nigeria’s survival as a nation. He also commended the Army for shunning anti-democratic tendencies, saying democracy is a necessity for societal development. A statement made available to journalists by Adeleke’s spokesperson, Olawale Rasheed disclosedContinue Reading
President Bola Tinubu has appointed Ola Olukoyede as the Executive Chairman of the Economic and Financial Crimes Commission (EFCC). Ajuri Ngelale, the presidential spokesperson made this known in a statement on Thursday. Olukoyede is billed to serve for a term of four years, upon confirmation by the senate. BelowContinue Reading
The US Secretary of State, Antony Blinken, vowed on Thursday that the United States will always back Israel but said the Palestinians also had “legitimate aspirations” not represented by militant group Hamas. “You may be strong enough on your own to defend yourself. But as long as America exists,Continue Reading
President Bola Tinubu has appointed Mr Ola Olukoyede as the Chairman of the Economic and Financial Crimes Commission, EFCC. Tinubu’s Special Adviser on Media & Publicity, Ajuri Ngelale made the announcement in a statement on Thursday. Olukoyede’s appointment followed the resignation of the suspended Executive Chairman of the Commission,Continue Reading
President Bola Tinubu on Wednesday appointed five new Chief Executive Officers across multiple agencies under the Federal Ministry of Communications, Innovations, and Digital Economy with immediate effect. The President made this known through a statement by his Special Adviser on Media and Publicity, Ajuri Ngelale, titled, ‘President Tinubu appointsContinue Reading
NiTDA DG, NDCP CEO reappointed President Bola Tinubu on Wednesday sacked the Chief Executive Officers of three agencies under the Federal Ministry of Communications, Innovations, and Digital Economy with immediate effect. The affected CEOs include the Nigerian Communications Commission’s Prof. Umar Garba Danbatta; the Nigerian Postal Service’s SundayContinue Reading
The Lagos State Government has commenced demolition of buildings erected on drainage channels in Lekki Phase 2, to correct the perennial flooding that has become a threat to residents whenever heavy downpour occurs in the community. The multi-million naira buildings were removed by the government by the enforcement unit ofContinue Reading
