AGF says her office does not make payments for government agencies
the Accountant General of the Federation (AGF), Dr Oluwatoyin Madein has clarified that her office does not make payments for government agencies. According to Madein, the Office of the Accountant General of the Federation (OAGF) does not make payments for projects and programmes implemented by Ministries, Departments and Agencies (MDAs) of the Federal Government. She […]
Boeing Planes grounded again in US after 737 Max 9 door blowout mid-air.
The US aviation regulator has said 171 Boeing 737 Max 9 planes will remain grounded until it is satisfied the planes are safe. The Federal Aviation Administration has been inspecting the jets after part of an Alaska Airlines plane’s fuselage fell off last Friday. Thousands of passengers saw their flights cancelled after major US airlines […]
CBN disburses $61m to foreign airlines to settle mature foreign exchange backlog
The Central Bank of Nigeria (CBN), says it has disbursed 61.64 million dollars to foreign airlines through various Deposit Money Banks (DMBs). According to a statement issued by its Acting Director, Corporate Communications, Mrs Hakama Sidi-Ali in Abuja on Sunday, the disbursement is in fulfilment of CBN’s commitment to eliminate the backlog of pending matured […]
President Tinubu orders investigation into Betta Edu’s humanitarian funds scandal
President Bola Tinubu has ordered investigation into alleged payment of funds into a private account by the Ministry of Humanitarian Affairs and Poverty Alleviation headed by Ms Betta Edu. The Minister of Information and National Orientation, Mr Mohammed Idris who disclosed this in a statement issued on Sunday, stressed that the Tinubu’s administration is committed […]
CAF raises AFCON winner prize money to $7m
The Confederation of African Football, CAF, has announced a substantial 40% increase in prize money for the upcoming Africa Cup of Nations, AFCON, in Cote d’Ivoire. Ahead of the competition which runs from January 13th to February 11 in Ivory Coast, CAF took to its website to release a statement about prize money of USD […]
President Bola Tinubu allocates $1.3 million in funding National football team
President Bola Ahmed Tinubu has allocated $1.3 million in funding for the national football team, the Super Eagles, ahead of the upcoming Africa Cup of Nations, AFCON. According to a tweet by Photojournalist Adepoju Tobi Samuel, President Tinubu approved the sum to support the Super Eagles in their quest to lift the AFCON title again. […]
UN report says Africa’s growth to increase in 2024.
Africa’s growth rate is projected to slightly increase from 3.3 per cent in 2023 to 3.5 in 2024, while global growth is expected to slow down. Global growth is expected to slow down from 2.7 per cent in 2023 to 2.4 per centin 2024. The UN’s World Economic Situation and Prospects (WESP) report for 2024 […]
Lagos Government reminds motorists of Third Mainland Bridge Diversion next Tuesday
The Lagos State Government has reminded the public that repairs of the Third Mainland Bridge by the Federal Ministry of Works will continue with the closure of Iyana Oworonshoki- Adeniji Adele bound for the effective repairs of the entire section of the bridge. According to a statement signed by the Lagos State Commissioner for Transportation, […]
Alhassan Yusuf Replaces Injured Wilfred Ndidi, ahead of AFCON
Royal Antwerp midfielder, Alhassan Yusuf, will now replace the injured Leicester City’s Wilfred Ndidi as the Super Eagles prepare for the Africa Cup of Nations to be held in Cote d’Ivoire. Team spokesman Babafemi Raji yesterday disclosed that Ndidi has been replaced by the 23-year-old uncapped Yusuf, after Ndidi missed his team’s runaway Championship leaders […]
Sierra Leone’s ex-president Bai Koroma, charged with treason
Sierra Leone’s ex-President Ernest Bai Koroma has been charged with four offences including treason for his alleged role in a failed military attempt to topple the West African country’s government in November. A court in the capital Freetown affirmed this yesterday, although the decision could escalate tensions in Sierra Leone coming after the attempted coup […]
