Senate condemns Terrorists attack on Benue communities

The Nigerian Senate has Condemned in strong terms the recent attacks on Benue communities by Terrorists. The Upper Chamber also called on the Federal Government and other authorities to put appropriate measures in place to forestall the reoccurrence of such an incident. These formed part of the resolutions after Senator Emmanuel Odende raised a point […]

Federal Government to begin Distribution of Grains Nationwide

The Minister of Agriculture and Food Security Senator Abubakar Kyari has announced that the Federal Government will begin the distribution of grains nationwide to cushion the impacts of the hardship in Nigeria.  The minister on his X handle noted that his team is working hand in hand with NEMA and the DSS to ensure that […]

The crypto trading platform Binance may be hit with a heavy fine by the Federal Government over allegations of influencing the country’s forex crisis

The special adviser to President Bola Tinubu on information and strategy, Bayo Onanuga, who disclosed this in an interview with the BBC, said Binance profited substantially from its “illegal transactions” in Nigeria while the nation suffered huge losses. He noted that Binance is not registered in Nigeria and has no presence in the country, yet […]

NLC suspends day-two nationwide protest, issues new ultimatum to Federal Government

The Nigeria Labour Congress (NLC) says it has suspended its second day nationwide streets protest over hunger and economic hardship in the country. Its president, Mr Joe Ajaero, in a communique after its National Executive Council(NEC) meeting on Tuesday, said the decision was taken by the NLC National Executive Council after it reviewed the effectiveness […]

President Bola Tinubu orders full implementation of Oronsanye Report

In its bid to reduce cost of governance and eliminate the duplication of functions by several departments and agencies, the Federal Government has resolved to implement part of the Stephen Oronsaye Panel report to merge some parastatals, while others will be subsumed, scrapped or relocated. Minister of Information and National Orientation, Mohammed Idris clarified that […]

FG meeting to avert proposed nationwide protests by NLC ends in deadlock

A last-minute meeting called by the Federal Government to avert the proposed nationwide protest by the NLC has ended in a deadlock. Speaking to journalists after the closed-door meeting, the NLC president, Joe Ajaero, said the protest will be held today Tuesday, while their list of demands would be submitted to the National Assembly also. […]

Lagos Government warns against extortion of motorists by miscreants

The Lagos State Government has warned against the extortion of Motorists by MISCREANTS parading themselves as enforcement officers. Permanent Secretary, at the Ministry of Transportation, Olawale Musa gave the warning while addressing Journalists after the arrest of eleven fake enforcement officers who daily extort money from unsuspecting Motorists at Ibeju-Lekki junction and Akodo area of […]

Federal Government begins payment of ASUU’s withheld salaries

Reports say the Federal Government has commenced the PAYMENT of the withheld salaries of academics under the aegis of the Academic Staff Union of Universities (ASUU). Multiple sources in the academic sector confirmed the development today in Abuja. The chairperson of ASUU at the Federal University of Technology, Minna, Prof. Gbolahan Bolarin, had also confirmed […]

FG shuts down Third Mainland Bridge

The Federal Government at the weekend announced a 24 hour closure on the Third Mainland Bridge for Iyana Oworonshoki-Lagos Island-bound traffic from midnight on Sunday, February 18 to midnight of today Monday, February 19. The Federal Controller of Works, Lagos State, Mrs Olukorede Kesha, in a statement on Saturday night, said the emergency measure was to help fix an important section of the […]

FG is seeking to raise ₦2.5 trillion in its second FGN bonds auction of the year

 Debt Management Office in a circular issued on Wednesday, stated that the offerings consisted of ₦1.25 trillion with a maturity date of February 2031 and ₦1.25 trillion with a 10-year tenor.  FGN savings bonds are part of the domestic borrowing plan of the Federal Government.  Last year, the Federal Government raised about ₦7.06 trillion from […]