Anambra Lawmaker Asks FG To Create Healthy Business Competition Among Nigerians

The Federal Government of Nigeria has been called upon to foster healthy competition in business among Nigerians and dismantle monopolies for the well-being of the citizenry. The member representing Nnewi North Constituency at the Anambra State House of Assembly, Honourable Augustine Ike, emphasized this need while addressing the alarming hike in prices and inflation affecting essential goods like cement. Expressing concern over the prevailing system of dangerous monopolies, where businesses are controlled by a select...

Civil Society Holds Stakeholders Forum, Calls for LGA Election in Anambra

Recently, there has been sustained conversation around the conduct of local government elections in Anambra State. To systematize and mainstream this call for the conduct of local government election in Anambra State, the African Centre for Leadership, Strategy and Development (Centre LSD) has partnered International Peace and Civic Responsibility Centre, in collaboration with the Nigeria Civil Society Situation Room, to raise again awareness on the need for a fully functional local government in Anambra State....

South-East leaders, stakeholders agree on confronting challenges in the region

The South East leaders and stake-holders have agreed on steps to take to tackle some of the challenges affecting the region. A communique issued at the end of an emergency meeting held in the Old Government Lodge, Enugu on Thursday and chaired by the President General of Ohanaeze Ndigbo Worldwide, Chief Emmanuel Iwuanyanwu, which also had in attendance, current and former members of the National Assembly, traditional rulers, current and previous leaders of Ohanaeze Ndigbo, captains...

Olawepo-hashim asks FG to dump free float of naira in exchange to other currencies

…Says it’s time for real central bankers to control CBN rather than commercial bankers Former Presidential Candidate and a Chieftain of the All Progressive Congress (APC), Mr. Gbenga Olawepo-Hashim has asked the Federal Government to dump the free float of the Naira in exchange to other currencies, for the Nigerian traditional managed float and allocate Nigeria’s forex and domestic resource for the nation’s economic and national priorities. He noted that for some time now, especially...

Protests against Tinubu’s government are sponsored: Senate President

The President of the Senate, Godswill Akpabio said Nigerians are protesting against the state of the country’s economy because they were ignorant of the grand plans of President Bola Tinubu’s government. There have been street protests across Nigeria since last week over the high cost of living occasioned by the removal of the gas subsidy and other reforms of President Tinubu whose administration is nearing one year. The umbrella body of Nigerian workers, the Nigeria...

EFCC raid streets, arrests illegal money changers as effort to save the naira takes new shape

The Economic and Financial Crimes Commission, EFCC, has gone all out to save Nigeria’s local currency, the naira from its continued free fall against foreign currencies. On Wednesday, Nigeria’s forex crisis saw the naira trade for N1,830/US$1 in the streets. The official exchange rate does not fare better too. The currency has plunged to N1,555/US$1, moving closer to the street rate. The naira also weakened against the Great British Pound and the Euro. The rates...

Bill To Establish North Central Development Commission Passes Second Reading

The Bill sponsored by the senator representing Benue South Senatorial District and Senate Minority Leader, Comrade Abba Moro and co-sponsored by all the senators from North Central for the establishment of the North Central Development Commission (NCDC) passed the Second Reading on the floor of the Senate on Wednesday. The First Reading of the bill was on the 5th of October, 2023, and sponsored in the 9th Senate by Senator Moro where it passed the...

Cleric, 5 Others To Die By Hanging Over Robbery In Ondo

A cleric, Adewale Adelu, and five others have been sentenced to death by hanging over their role in armed robberies in Ondo state. The Ondo State High Court sitting in Akure said the convicts, Adelu, including Ikechuckwu Maduagwu, Fayemi Olubusuyi, Ropo Adeleye, Dele Otopka, and Bayo Omotosho were found guilty of attacking and robbing two commercial banks in Akure, the state capital and Idanre 13 years ago. The robbery incidents occurred at the defunct Diamond...

DSS calls on NLC to shelve upcoming protest

…”Protest will go on”, NLC responds As Nigerian workers under the umbrella of the Nigerian Labour Congress, NLC, are warming up for a total shutdown on February 27 and 28, the Department of State Services, DSS, wants the protest cancelled “in the interest of peace and public order.” Last Friday, the NLC declared a two-day nationwide mass protest to press the government to address the economic turbulence that has seen the naira weaken by the...

Nigerian Army kill one terrorist in Kaduna forest hideout

The Nigerian Army (NA) on Tuesday smoked out terrorists in Yadi Forest in Kidandan village in Kaduna. The “deep clearance operations”, according to the NA spokesman Major General Onyema Nwachukwu on Wednesday, led to the killing of one of the terrorist gang members. The terrorist fighter was killed in the heavy firefight between the soldiers and the outlaws. Other gang members subsequently took to their heels to avoid meeting a similar fate. “During the operation,...

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