The Central Bank of Nigeria has debunked the claim that it has devalued the naira. A statement signed by Acting Director Corporate Communications, Isah AbdulMumin, said the dollar traded at N465/$1 contrary to reports. The statement partly reads, “We wish to state categorically that this news report, which in the imagination of the newspaper is…
The President, Bola Tinubu, is currently meeting the Service Chiefs led by the Chief of Defense Staff, General Lucky Irabor, at the State House, Abuja. Tinubu who arrived at the Villa at 10:53am on Thursday went straight into a closed-door session with the Chief of Army Staff, Lt. Gen. Farouk Yahaya; Chief of Naval Staff,…
The Group Chief Executive Officer, Nigerian National Petroleum Company Limited, Mele Kyari, on Thursday, allayed the fear of Nigerians on the rising prices of Premium Motor Spirit, known better as petrol across the country. The NNPC boss said competition among major players in the oil sector would force down the price of petrol as against…
An emerging report has confirmed that the Speaker of the House of Representatives, Femi Gbajabiamila, has been named the Chief of Staff to President Bola Tinubu. A report by Daily Independent confirmed that this development would make Gbajabialmila’s seat in the lower legislative chamber vacant, automatically removing him as a member of the incoming 10th…
A Communiqué issued in Defence of Nigeria‘s Democracy, President Bola Ahmed Tinubu,GCFR and Sen.Kashim Shetima,GCON: A recap of 64 Days and 64 Nights of Sit out/Countdown at Unity Fountain Abuja from March 25th – May 29th, 2023. Be rest assured that History will be kind and remember you all for your commitment towards this noble…
Nigeria’s Tax-to-GDP ratio which, in the last 12 years, hovered between 5% to 6% rose to 10.86% by the end of 2021. The new ratio was communicated to the Federal Inland Revenue Service (FIRS), via a letter signed by the Statistician-General of the Federation, Prince Adeyemi Adeniran, on the 25th of May 2023, following a joint…
Operatives of the Nigeria Security and Civil Defence Corps, on Wednesday, arrested seven filling station workers for allegedly hoarding petrol in Osun State. The NSCDC team, composed of officers and men drawn from the Anti-Vandalism Unit, moved around filling stations in the Osogbo area of the state to monitor the sale of petrol. The spokesperson…
The President, Bola Tinubu, on Wednesday, met with the Special Envoy of the Chinese President, Xi Jinping, and Vice Chairman of the Standing Committee of the National People’s Congress, Peng Qinghua, at the State House in Abuja. Tinubu shared pictures from the meeting on his Twitter handle. The president stated that he aimed at building…
Folasade, daughter of President Bola Tinubu, has on Tuesday added Iyaloja General of Nigeria to her Twitter bio following her father’s inauguration. Tinubu and Kashim Shettima were sworn in as president and vice president on Monday in Abuja’s Eagle Square. Following the inauguration, Folasade changed her Twitter bio to reflect that she is now the…
The receptionist on duty at Hilton Hotel, Ile-Ife, Osun State, on the day an ex Masters student of the Obafemi Awolowo University, Ile-Ife, Timothy Adegoke, arrived at the facility, Adedeji Adesola, has been sentenced to two years imprisonment. Adesola’s sentence was pronounced at the sitting of the court on Wednesday by Osun State Chief Judge,…
