By BENJAMIN ORISEMEKE, Abuja – Chairman of the Fiscal Responsibility Commission, Victor Muruako, has said that the Commission helped to raise the Federal Government’s independent revenue to N1.250 trillion in 2021 from N532.903 billion in 2020. The figure for 2021 is the highest independent revenue generated in over eight...
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PATRICK ABANG, Calabar – The ruling All Progressives Congress (APC) Cross River State has reacted to the judgement of the Federal High Court in Abuja which sacked about 20 lawmakers for defecting from the PDP to the ruling party. The state APC Publicity Secretary, Erasmus Ekpang, who reacted to...
The Chairman, Senate Committee on Media and Public Affairs, Sen. Ajibola Basiru has faulted media report alleging that the APC caucus at the Senate has endorsed Abdullahi Adamu as its preferred aspirant for the party’s chairmanship. Basiru said this when he spoke with newsmen in Abuja on Monday. The...
First Bank of Nigeria Ltd. has rewarded 300 customers with the sum of N4 million at the bank’s ongoing Verve Card campaign. The bank said this in a statement issued in Abuja on Monday by its Group Executive, e-Business & Retail Products of FirstBank, Mr Chuma Ezirim. Ezirim said...
The Presidential Steering Committee (PSC) on COVID-19 has lifted per travel testing requirements for COVID-19 vaccinated Nigerians and visitors. Mr Boss Mustapha, Secretary to the Government of the Federation and Chairman PSC on COVID-19, on Monday in Abuja, said that the revised International Travel Protocols, would take effect from...
Ebonyi State Governor, David Umahi has assured his supporters that there is nothing to worry about over the Federal High Court ruling in Abuja which struck out the stay of execution motion against his removal from office. Umahi gave the assurance on Monday when he addressed the All Progressives...
By EZEKIEL OBI, Abuja – The All Progressives Congress (APC) will begin screening of aspirants for various elective offices on Tuesday, March 22, ahead of Saturday’s National Convention. Mr Emmanuel Otagburuagu, the Secretary of the APC National Convention Screening Committee said this in a statement on Monday in Abuja....
The Central Bank of Nigeria (CBN) says it has disbursed over N1.3 trillion to support the provision power supply to Nigerians in the last five years. The CBN Governor, Mr Godwin Emefiele, made the remark at a news conference following a meeting of the Bankers Committee in Abuja on...
The Central Bank of Nigeria (CBN) has projected that the Nigerian economy will grow by 3.24 per cent in 2022, in spite of rising inflationary challenges occasioned by global socio-economic events. Mr Godwin Emefiele, the CBN Governor, made this known on Monday while presenting a communique from the apex...
Anambra State Governor, Charles Soludo has appointed Mr Ernest Ezeajughi as his new Chief of Staff and AVM Ben Chiobi (Rtd.) as his Special Adviser on Security. The governor also appointed Mr Richard Nwora Madiebo, as the Chairman, Anambra State Internal Revenue Service (AIRS). Soludo announced the appointments in...
The Nigerian Youths for Tinubu has promised to purchase the presidential nomination form for the National Leader of the All Progressives Congress (APC), Asiwaju Bola Tinubu, as the 2023 elections draw closer. Speaking with newsmen in Lagos on Monday, the convener of the group, Mr Idris Aregbe, said their...
By SADIQ ABUBAKAR, Maiduguri – Borno State Governor, Babagana Zulum on Monday outrightly rejected the naming of two blocks of hostel in his honour, at the Ramat Polytechnic in Maiduguri, which is owned by the State Government. Zulum was at the polytechnic to commission the hostels for 1,500 students,...
By BENJAMIN ORISEMEKE, Abuja – Nigeria spent a total of N1.29 trillion on wheat importation in 2021, 71.1 per cent higher than what was spent the previous year, the National Bureau of Statistics (NBS) said on Monday. Nigeria imported durum wheat worth N1.29 trillion in 2021, representing a 71.1...
By JOHN ONAH, Abuja The new Executive Secretary of the Tertiary Education Trust Fund (TETFund), Arc. Sunny Echono on Monday in Abuja, resumed duty to a rousing welcome from the members of the staff of the agency. Speaking after he received the handover note from his predecessor, Professor Suleiman...
By JOHN ONAH, Abuja – The National Universities Commission (NUC) on Monday recognized Shehu Shagari University of Education as the 58th State University and 206th University in Nigeria. Presenting the certificate of recognition in Abuja, to the Governor of Sokoto State, Aminu Tambuwal , the Executive Secretary of the...
Personal Finance Basics: Learn How to Start Managing Your MoneyIt is never too late to make a financial fresh start. If you feel that your spending is getting out of control, it is high time you reconsidered money management. Review your annual spending patterns to see where the cash...
By BENJAMIN ORISEMEKE, Abuja – The Central Bank of Nigeria (CBN) on Monday retained Monetary Policy Rates at 11.5 per cent. CBN Governor, Godwin Emefiele during the MPC meeting, also said the apex bank would retained the asymmetric corridor at +100/–700 basis points around the MPR; Cash Reserve Ratio...
By BENJAMIN ORISEMEKE, Abuja – Italian oil company, Eni has announced the resumption of crude and gas exports after it lifted the force majeure it placed on its operations last week. The explosion and a spill on March 14 cut exports of 25,000 barrels per day (bpd) of crude...
By JOHN ONAH, Abuja – The Joint Admissions and Matriculation Board (JAMB) on Monday restated its resolve not to extend the March 26, 2022 deadline for the Unified Tertiary Matriculation Examination (UTME) and Direct Entry (DE) registration. JAMB Registrar, Prof Ishaq Oloyede said the board will not extend the...
The Anambra State Traditional Rulers Council has reacted to the online video showing former Gov. Willie Obiano of Anambra in the custody of the Economic and Financial Crimes Commission (EFCC). In a statement signed by its Chairman and Obi of Onitsha, Prof. Nnaemeka Achebe, the council stated that it...