The Central Bank of Nigeria (CBN) has reiterated its commitment to stabilizing the foreign exchange market by identifying and eliminating individuals and businesses engaged in activities that weaken the naira.…
There was a heated exchange between Senator Onyekachi Nwaebonyi (Ebonyi North) and former Education Minister Oby Ezekwesili during a Senate hearing yesterday. The incident occurred at the Senate Committee on…
The Federal Government has launched the training of 800 soldiers as part of its new Special Operations Forces, a unit designed to tackle terrorism, insurgency and transnational crimes. The training,…
The Senate is set to approve President Bola Tinubu’s tax reform bills today, following weeks of deliberation. Two senators, who spoke anonymously, confirmed that the bills would have been passed…
The Federal Government has begun a crackdown on individuals and businesses illegally printing National Identification Number (NIN) cards. The National Identity Management Commission (NIMC) warned that offenders would face legal…
Former Senate President and Chairman of the PDP Board of Trustees, Adolphus Wabara, has criticized President Bola Tinubu’s decision to declare a state of emergency in Rivers State. In a…
The naira weakened at the official market last week, losing 1.25% to close at ₦1,536.89/$ on Friday, according to the Central Bank of Nigeria (CBN). The currency had started the…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has criticized depot owners and filling station operators for stockpiling petrol in anticipation of a price hike. This comes after Dangote Petroleum…
The National Assembly has approved President Bola Tinubu’s declaration of a state of emergency in Rivers State. This decision, made through a voice vote, led to the suspension of Governor…
The Nigerian National Petroleum Company Limited (NNPCL) has allocated a large portion of crude oil to foreign creditors to settle debts, making it difficult to supply local refiners, including the…
