President Tinubu signs 2023 supplementary budget of N2.17tr

President Bola Ahmed Tinubu signed the luxury N2.17 trillion Supplementary Appropriation Act on Wednesday following the passage of the bill by the Senate and the House of Representatives last week. The supplementary budget is to augment expenditures in the 2023 N21.83 trillion budget signed by ex-president Muhammadu Buhari who left office on May 29. “The budget seeks to strengthen Nigeria’s security architecture and address Nigeria’s critical infrastructure deficit, amongst other considerations,” presidential spokesperson Ajuri Ngelale...

Court grants ex-CBN governor Emefiele bail

A High Court sitting at the Maitama area of the Federal Capital Territory, on Wednesday, granted bail to the embattled former governor of the Central Bank of Nigeria, CBN, Godwin Emefiele. The court, in a ruling that was delivered by Justice Olukayode Adeniyi, ordered that he should be released to his lawyers who must bring him to court whenever the need arises. Emefiele has been in detention since June 10, 2023, a day after he...

Canada shuts down Abuja Embassy after fire incident, issues travel advisory

Canada on Tuesday suspended operations in Nigeria’s capital Abuja amid an investigation into a fatal explosion at its embassy in Abuja’s Central Business District area that killed two persons on Monday. The fire incident also caused damage to a section of the building. Details regarding the exact cause of the explosion remain scarce but Canada’s Minister of Foreign Affairs Melanie Joly assured that “we are working to shed light on what caused this situation” via...

IGP Posted/Redeploy 40 Senior Police Officers

The Inspector-General of Police, Olukayode Egbetokun, has ordered the posting and redeployment of 40 senior police officers to various commands and formations in the country. The Force Public Relations Officer, ACP Olumuyiwa Adejobi, in a statement on Thursday, said the affected officers comprised 14 Assistant Inspectors General of Police and 26 Commissioners of Police. The statement said the posting was with immediate effect. “The postings and redeployments were part of a mandate to have a...

Old, New Naira Notes Remain Legal Tender-CBN

The Central Bank of Nigeria (CBN) has clarified that all Naira notes issued by it remain legal tender. Isa AbdulMumim, CBN’s Director of Corporate Communications Department, clarified a statement on Wednesday against the backdrop of the reported scarcity of Naira notes across some major cities in the country. He said there is sufficient cash stock in all locations across the country. AbdulMumim stated that all branches of the apex bank across the country have been...

Moghalu to speak at the Intra-African Trade Fair in Cairo

Professor Kingsley Moghalu, former Deputy Governor of Nigeria’s Central Bank and President of the Institute for Governance and Economic Transformation – IGET, has been appointed the Chairman of the Africa Private Sector Summit – APSS, a pan-African organization, with a focus on creating an enabling business environment in Africa. In the coming days, Moghalu will be the keynote speaker of the Joint African Continental Free Trade Agreement – AFCFTA private sector session, with the APSS,...

I’ll pray for Tinubu for the sake of Nigeria’s progress – Bode George

Decries high level of poverty in Nigeria Tells Tinubu to retrieve 2014 confab document Former Deputy National Chairman of the Peoples Democratic Party (PDP), Chief Bode George has said that he will pray for President Bola Tinubu for the sake of the progress of Nigeria. George, who spoke during a press conference on Wednesday stated that since the legal battles have been put to rest, the country must move forward even though he agreed with...

Samsung office in Abuja razed by fire

A late-night blazing inferno has razed the Samsung office in Abuja to the ground, hours after a fire explosion was reported at the Canadian Embassy. The fire which started around 7:00 p.m. on Monday, authorities said, was caused by an artisan’s welding activities near a pile of empty, combustible cartons. The fire raged for over six hours before it was finally extinguished by a combined team of firefighters. Only the carcass of the two-storey building...

Irish chef Alan Fisher breaks Hilda Baci’s record, becomes GWR title holder

Irish chef Alan Fisher has unseated Nigeria’s Hilda Effiong Bassey as the world record holder for the longest cooking marathon, the Guinness World Records, GWR, said Tuesday. Fisher cooked for 119 hours 57 minutes to break the 93 hours 11 minutes record set in May by Bassey, who is known on social media as Hilda Baci. Nigerian cooking queen Hilda Baci has been dethroned 😳 Alan Fisher from Ireland cooked for an incredible 119 hours...

Court Rules In Favor Of Enugu Governor, Awards N5Million Damages Against NYSC

The Federal High Court Abuja has ruled in favor of the Enugu State Governor Dr. Peter Ndubuisi Mbah confirming his National Youth Service Corps (NYSC) certificate as authentic. Delivering judgment on Monday, Justice Nyang Ekwo held the Director-General of the NYSC and the institution guilty of misrepresentation of material facts. Justice Ekwo further awarded N5 million in damages against the National Youth Service Corps, NYSC, for alleging that the corps’ discharge certificate held by Governor...

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