President Bola Ahmed Tinubu, GCFR, has approved the immediate retirement of all Service Chiefs and the Inspector-General of Police, Advisers, Comptroller-General of Customs from Service as well as their replacements with immediate effect. Willie Bassey, the Director of Information on behalf of the Secretary to the Government of the Federation, George Akume made this known in a statement on Monday. ...

The Central Bank of Nigeria, CBN said that bank customers can now transfer cash deposited into their Domiciliary accounts subject to a limit of $10,000 per day. This reverses a ban on transfer of cash deposit into Domiciliary accounts introduced by the CBN in December 2020. The removal of the bank was in furtherance to new foreign exchange measures announced ...

President Bola Tinubu has appointed Dele Alake, Wale Edun, Nuhu Ribadu, among others, as special advisers. While Mr. Alake was appointed as Special Adviser, Special Duties, Communications and Strategy, Mr. Wale Edun was named Special Adviser, Monetary Policies. Also appointed are: Mr. Yau Darazo, Special Adviser, Political and Intergovernmental Affairs; Mrs. Olu Verheijen, Special Adviser, Energy; Mr. Zachaeus Adedeji, Special ...

President Bola Tinubu on Wednesday suspended the chairman of the Economic and Financial Crimes Commission, EFCC, AbdulRasheed Bawa over weighty allegations of abuse of office. The suspension, according to a statement, by the office of the SGF, is to allow for a proper investigation into his conduct while in office following some weighty allegations of abuse of office levelled against ...

A seeming boardroom crisis that may rock troubled Heritage Bank to its foundation is currently brewing in the bank, Competent sources within the bank revealed that the imbroglio involves the current managing director and chief executive of the bank, Mr. Akinola George-Taylor and some board members. Less than one year after assuming office as bank’s head honcho, the new bank ...

The Guinness World Record has confirmed Hilda Baci as the new record holder for the longest cooking marathon. This was confirmed on their official website on Tuesday. The post reads, “Following a thorough review of all the evidence, Guinness World Records can now confirm that Hilda Effiong Bassey, better known as Hilda Baci, has officially broken the record for the ...

A former governor of Akwa Ibom State, Senator Godswill Akpabio, has emerged as the President of the Nigerian Senate. The former minister of Niger Delta Affairs defeated his opponent and former governor of Zamfara State, Senate Abdul’aziz Abubakar Yari, in the votes casted by Senators-elect in the ongoing inauguration of the 10th National Assembly. Details soon…

President Bola Tinubu has signed the Students Loan Bill into law, fulfilling one of his electoral promises. The law aims to assist indigent students in accessing federal government loans for their education. The announcement was made by the President’s media team in Abuja, led by Mr Dele Alake, a member of the Presidential Strategic Team. Newsmaxngr reports that President Bola ...

Fellow Nigerians. It is exactly three decades today that Nigerians went to the polls to exercise their inalienable right to elect a President of their choice to lead the transition from military dictatorship to a representative government of the people. The abortion, by military fiat, of the decisive victory of Chief Moshood Kashimawo Olawale Abiola of the defunct Social Democratic ...

Following the immediate suspension of the Central Bank of Nigeria Governor, Godwin Emefiele, from office, his Deputy (Operations Directorate) Folashodun Adebisi Shonubi, has been announced to act in his capacity in the meantime. President Bola Tinubu, on Friday night suspended Emefiele. The suspension was announced in a statement issued by the Director of Information, Office of the Secretary to the ...