Government

The Central Bank of Nigeria (CBN) has reacted to condemnations trailing the directive to Deposit Money Banks (DMBs) to desist from transacting in cryptocurrencies. In a statement on Sunday, Osita Nwanisobi, Acting Director, Corporate Communications, clarified that that the CBN circular of February 5, 2021 did not place any new …

UPDATE: On the concerns raised by the public on the date on the APC registration slip of our National Leader, @AsiwajuTinubu, .. The error has been corrected and signed by his Ward Chairman with the date of registration as 6th February 2021

Minister of Transportation, Mr. Rotimi Amaechi on Sunday said his position as Transport Minister won’t allow him to speak on the farmers-herders crisis in the country. It will be recalled that a former Governor of Jigawa State, Sule Lamido, has berated Amaechi and other APC leaders for being indifferent over …

The Oyo State Government on Sunday raised alarm over plot by some members of the public, especially politicans to cause religious and ethnic crises in the state, with a view to derailing the state government from its focus. Department of State Security (DSS) had recently released an intelligence report that …

Borno State Governor, Babagana Zulum has agreed to rebuild 33 units of teachers’ quarters damaged by insurgents in Gwoza town. Governor Babagana Zulum who met with teachers in Gwoza, ordered the rebuilding and remodeling of personal houses belonging to 33 teachers which were destroyed by insurgents during their occupation in …

A source in the Nigeria Police Force has revealed that the Inspector General of Police, Mohammed Adamu, paid over N2 billion to get a one-year extension in office. Adamu is however said to be unhappy that he only got a 3-month extension and therefore refused to celebrate his tenure extension. …

The Lagos State Government on Sunday noon announced the reopening of Third Mainland Bridge earlier than 7 pm scheduled time. Recall that the Oworonshoki bound lane of the Third Mainland Bridge was closed totally from vehicular movement on midnight on Saturday, February 6, 2021, till 7 pm on Sunday, February …

Socio-Economic Rights and Accountability Project (SERAP) has urged the World Bank President Mr David Malpass “to exercise the Bank’s prerogative to release archival records and documents relating to spending on all approved funds to improve access to electricity in Nigeria between 1999 and 2020, the Bank’s role in the implementation …

Christine Lagarde: Bitcoin facilitates questionable transactions •Nigeria surged to second highest crypto destination in the world raking $200 to $300million a week without underlining economic activity, alarming the CBN •FG alarmed kidnappers had switched to bitcoin for ransom payments Tobi Soniyi in Lagos and Chuks Okocha More facts have emerged …

The National Leader of the All Progressives Congress (APC), Bola Tinubu, has backed the position of the party’s former interim National Chairman, Bisi Akande on the Caretaker Committee and the ongoing national registration and revalidation exercise. Akande had on Thursday faulted the creation of the party’s caretaker and extra-ordinary convention …