President Bola Tinubu has today suspended the Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, with immediate effect over a wrong disbursement allegation. The 37 year old minister is the first minister to be suspended in President Tinubu’s 48-man cabinet. This was disclosed in a statement signed by the […]
The Independent National Electoral Commission (INEC) in Lagos state has today announced that it has published the Surulere Federal Constituency I bye-election notice as required by law. This was disclosed by the state’s INEC public affairs officer Adenike Oriowo, to newsmen today, January 5. She noted that the notice was […]
The Central Bank of Nigeria (CBN) has announced the approval of the Africa Stablecoin Consortium (ASC) to pilot the cNGN stablecoin in its regulatory sandbox. The new stablecoin, a compliant Nigeria Naira (cNGN), is set to be launched on February 27, 2024. The ASC is a collaboration of Nigerian banks […]
Operatives of the Economic and Financial Crimes Commission (EFCC) reportedly probing 52 companies over forex transactions. According to reports today, the anti-graft agency was conducting the investigation on forex allocations to these various Nigerian companies during the tenure of the former CBN governor, Godwin Emefiele. Big companies including Dangote […]
Italian Prime Minister Giorgia Meloni today announced the suspension of a member of parliament, Emanuele Pozzolo, who took a gun to a New Year’s Eve party which led to someone getting shot with it. The lawmaker from the far-right Brothers of Italy party, has admitted owning the mini revolver but […]
The recently resigned factional Speaker of the rivers assembly and member representing Ahoada East Constituency II at the Rivers State House of Assembly, Edison Ehie, has withdrawn his contempt proceedings suit against 25 of the 27 defected lawmakers of the house. Last December, the factional speaker declared the seats of […]
The winners of the 2024 Africa Cup of Nations set to happen in Ivory Coast will receive a record seven million dollars. This is according to a statement by the Confederation of African Football (CAF) statement released today. This prize money is 40 per cent more than what the last […]
In a major blow to Tingo Group and its former CEO, Dozy Mmobuosi, US authorities have unsealed an indictment charging him with orchestrating a multi-year scheme to inflate financial statements and deceive investors. Mmobuosi, currently at large, faces charges of securities fraud, false SEC filings, and conspiracy. U.S. Attorney Damian […]
Royal Antwerp midfielder, Alhassan Yusuf has been announced as the replacement for the injured Leicester City’s Wilfred Ndidi as the Super Eagles prepare for the Africa Cup of Nations happening in Cote d’Ivoire. Ndidi missed his team’s 4-1 win over Huddersfield Town on Monday due to an unspecified injury. This […]
