SCORES of Nigerians have criticised the Central Bank of Nigeria (CBN)’s reliance on Dangote’s refinery to address the depreciating naira. This is coming on the heels of a public disclosure by the CBN Governor Godwin Emefiele, during a foreign investors’ meeting held at the weekend in New York, that the …
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Nigeria-China N720 Billion Currency Swap Collapses
Three years after the Central Bank of Nigeria (CBN) signed a currency swap deal with the People’s Bank of China (PBoC), Nigerians are yet to feel the impact of that arrangement, especially as the free fall of naira, currently standing at N570/$1 at the parallel market persists. In April 2018, …
Read More »Sokoto Attack: Your Crushing Defeat Is Near, Buhari Tells Bandits
PRESIDENT Muhammadu Buhari, Monday, sent a tough warning to bandits, saying that “the clock of your ultimate destruction is ticking as you will no longer have a place to hide.” Reacting to the killing of over 30 people in Goronyo in Sokoto State on Sunday by bandits, President Buhari said that “the …
Read More »₦20 Million Bribe To Bandits: Lai Mohammed Speaks, Says It’s Fake News
The Federal Government on Monday described report that the Nigerian Air Force paid N20 million to bandits in exchange for anti-aircraft gun seized by the bandits as fake news. The Wall Street Journal had reported on Sunday that masked men emerged from the forest on motorbikes, surrounding a young intelligence …
Read More »Mathew Opaluwa Appointed Attah Of Igala By Kogi State Government
The Kogi State Executive Council has approved the appointment of Prince Mathew Alhaji Opaluwa as the Attah of Igala Kingdom. The council made the approval during the 6th meeting held at the Council Hall of the Government House in Lokoja on Monday. Opaluwa is the ninth of the 16 and …
Read More »Anambra Election: Maduka Fully In The Race, Ignore Distractions – Media Director
Anambra 2021!!! “Ignore Baseless Distractions, Maduka Fully In The Race For Agu Awka” – Media Director REFUTAL OF BASELESS SPECULATIONS: “IFEANYI UBAH, MADUKA, ETIABA, OTHERS TO ENDORSE SOLUDO AS A CONSENSUS CANDIDATE ” . The baseless and distasteful speculation that Dr.Godwin Maduka(Mr Evidence) and other governorship Candidates are set to …
Read More »FG Budgets ₦104 Billion To Maintain, Purchase Generators In 2022
Ministries, Departments and Agencies of the Federal Government will in 2022 spend an estimated N104bn on purchasing generators, fuelling and servicing them, Newsextra24 has learnt. The N104bn which will be spent on generators due to the country’s unstable power supply exceeds the Internally Generated Revenue of about 24 states of …
Read More »Yahaya Bello Wins Sun Newspapper’s Governor Of The Year
Security, Infrastructure, HealthCare, Policies: Yahaya Bello Wins Sun Newspaper Governor of The Year. Nigerians Say Governor Deserves A Bigger Role. The Governor of Kogi State, Alhaji Yahaya Bello has been named Nigeria’s Governor of the Year by The Sun Newspaper, one of the most respectable national dailies in the country. …
Read More »FG Scraps DPR, PPPRA, PEF, Sacks CEOs, Inaugurates New Agencies
The Department of Petroleum Resources, the Petroleum Products Pricing Regulatory Agency and the Petroleum Equalisation Fund are all officially scrapped and do not exist anymore, the Federal Government said on Monday. It also said while workers of the three agencies would be protected, their chief executives had been relieved of …
Read More »3 Nigerians Who Are Not Yoruba But Currently Holding Political Offices In Lagos
Lagos state is known to many people as a state with many opportunities to flourish. This is why many Nigerians from other regions always want to reside in the center of Let us take a look at 3 Non-Yoruba political office holders who have been appointed by Governor Babajide Sanwo-Olu. …
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