Sanwo-Olu Inaugurates Abule-Egba Terminal, Cuts Red Rail Fare

Sanwo-Olu Inaugurates Abule-Egba Terminal, Cuts Red Rail Fare

Lagos governor, Babajide Sanwo-Olu, says his administration will continue to improve connectivity across the state through rail, road, and water transportation. Speaking yesterday at the inauguration of the Abule-Egba Bus Terminal, the Governor announced that there will be thirty percent reduction of the Red Rail Line fare to reduce the financial burden on commuters. Governor […]

NELFUND Closes Student Loan Applications Feb 21

NELFUND Closes Student Loan Applications Feb 21

Nigerian Education Loan Fund, NELFUND, says it will close the 2023/2024 student loan application cycle on Friday, February 21. At a news conference yesterday in Abuja, its Managing Director, Akintunde Sawyerr, reassured students who had successfully submitted their applications before the deadline that their applications would be processed, in line with established methods. Sawyerr said […]

Nigeria Backs AU Reforms for Stronger Continental Body

Nigeria Backs AU Reforms for Stronger Continental Body

The Nigerian government has backed the move to reform the African Union (AU), making the continental body more vibrant, viable, and relevant to the needs of member states in the face of rapidly changing global political and economic realities. President Bola Tinubu, whose statement was delivered by the Minister of Foreign Affairs, Ambassador Yusuf Tuggar, […]

Tinubu Backs Africa-Led Credit Rating Agency

Tinubu Backs Africa-Led Credit Rating Agency

President Bola Tinubu says he strongly supports an Africa-led credit rating agency (ACRA), saying it will provide fairer, more transparent credit assessments for African economies.  Speaking yesterday at the 38th Ordinary Session of the Assembly of the African Union (AU) Heads of State and Government in Addis Ababa, Ethiopia, President Tinubu explained that an independent […]

Nigeria Customs Suspends 4% FOB Charge on Imports

Nigeria Customs Suspends 4% FOB Charge on Imports

The Nigeria Customs Service (NCS) has announced the suspension of the planned implementation of a four per cent Free-on-Board (FOB) charge on imports, as outlined in the Nigeria Customs Service Act (NCSA) 2023. The Controller General of Customs, Bashir Adeniyi, who announced this in a statement yesterday, said the suspension follows ongoing consultations with the […]

FG Converts Nok University into a Federal Institution

FG Converts Nok University into a Federal Institution

President Bola Tinubu has ordered the Federal Government to take over Nok University in Kachia, Kaduna State, and transform it into a Federal University. The private institution, Nok is now renamed the Federal University of Applied Sciences, Kachia, Kaduna State, fulfilling a promise made by President Tinubu to the people of Southern Kaduna. The directive […]

CBN Moves MPC Meeting to Feb 19-20 Over CPI Data Delay

CBN Moves MPC Meeting to Feb 19-20 Over CPI Data Delay

The Central Bank of Nigeria has announced a new date for the 299th meeting of its Monetary Policy Committee (MPC), shifting it from the initially scheduled February 17 and 18, 2025, to February 19 and 20, 2025. The apex bank in a statement yesterday, noted that its decision emerged due to delays by the National […]

Police Officer Allegedly Commits Suicide in Niger

Police Officer Allegedly Commits Suicide in Niger

A police officer in Niger State, ASP Shafi’u Usman Bawa, has allegedly died by suicide in Kontagora town. The spokesperson for the Niger State Police Command, SP Wasiu Abiodun, confirmed the incident, stating that it occurred on February 8. Bawa was reportedly found hanging from the ceiling. His father, Usman Bawa, a resident of the […]

Security Agencies Partner EU to Fight Crime in Niger Delta

Security Agencies Partner EU to Fight Crime in Niger Delta

Security agencies in Nigeria, including the NSCDC, Police, NDLEA, and others, have committed to enhancing their strategies for addressing insecurity in the Niger Delta. This initiative is part of a European Union-funded program led by Search for Common Ground (SFCG). As part of the effort, security personnel from Delta, Bayelsa, and Rivers States, including officers […]

Palestine, France & Egypt Reject US Gaza Resettlement Proposal

Palestine, France & Egypt Reject US Gaza Resettlement Proposal

Palestine, France and Egypt have rejected President Trump’s proposal that the displaced Palestinians in Gaza be permanently resettled outside the war-torn territory. While visiting Cairo yesterday, top Palestinian officials together with Egypt’s foreign minister swiftly rejected and denounced the US proposal that also seeks to take “ownership” of the enclave. Defence Secretary Pete Hegseth says […]