PRESIDENT Bola Ahmed Tinubu has appointed Shamsedeen Babatunde Ogunjimi as the new Accountant General of the Federation, AGF, after a rigorous selection process. Ogunjimi was late last year tapped by the Presidency as acting AGF, but his appointment in acting capacity was resulted by his predecessor, Dr Mrs Oluwatoyin Sakirat …
Read More »Court Remands Jude Okoye in Prison For $1m, £34,537 Fraud
THE Special Offences Court sitting in the Ikeja area of Lagos State, on Tuesday, March 4, 2025, remanded the former manager of P-Square, Jude Okoye, for alleged $1 million and £34,537 fraud. Jude, who is also the elder brother of singers Peter Okoye and Paul Okoye, was arraigned alongside his …
Read More »FG Restates Commitment to Reform Immigration Service
THE Minister of Interior, Dr Olubunmi Tunji-Ojo, says the Federal Government is committed to implementing various reforms in the ministry and the Nigeria Immigration Service (NIS). Tunji-Ojo spoke to newsmen in Lagos on Tuesday after a meeting with the Nigeria Employers’ Consultative Association (NECA), The minister described the gathering as a …
Read More »BREAKING: Gunmen kill ex-Immigration CG in Abuja
David Shikfu Parradang, former Comptroller-General of the Nigerian Immigration Service (NIS), has been killed by kidnappers in Abuja. Citing sources, counter-insurgency expert, Zagazola Makama, Parradang, said Parradang was abducted in the Area 1 axis of Abuja in the early hours of Tuesday. Makama said after being trailed from a bank …
Read More »FG to Establish Carbon Market For Economic, Industrial Growth
THE Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, says the ministry will establish carbon markets across the country, to guarantee economic and industrial development. Oduwole said this when she featured at a ministerial briefing by the Ministry of Information and Cultural Orientation, on Tuesday in Abuja, According to her, …
Read More »Oil Resumption: Protest Rocks Ogoni as MOSOP, 31 Groups Threaten to Disrupt Process
A massive protest erupted in Ogoni on Tuesday as over 30 various groups, including the Movement for the Survival of the Ogoni People (MOSOP), staged a peaceful protest to demand justice for Ken Saro-Wiwa and the Ogoni Eight, who were executed in 1995 for their advocacy on environmental stewardship. The …
Read More »PETROAN Lauds NNPCL, Dangote Refinery Over Fuel Price Reduction
THE Petroleum Retailers Outlet Owners Association of Nigeria (PETROAN) has commended the NNPC Retail Ltd. for slashing the price of Premium Motor Spirit (PMS), known as petrol from N920 to N875 per litre. PETROAN said the bold move was expected to alleviate the financial burden on Nigerians amidst rising inflation. …
Read More »LAMATA Completes Property Acquisition for QBC Project
THE Lagos Metropolitan Area Transport Authority (LAMATA) has completed the acquisition of property formerly occupied by Omega Power Ministries (OPM) after paying the previously offered ₦123 million compensation. This is contained in a statement posted on LAMATA’s official X handle on Monday. According to the agency, the property was acquired …
Read More »Naira Depreciates by 0.43% Against Dollar
THE Naira depreciated in the official market on Monday, trading at N1,498.98 to a Dollar. Data from the Central Bank of Nigeria (CBN) showed the Naira lost N6.49. This represents a 0.43 per cent decline compared to Friday, Feb. 28, when it closed at N1,492.49 to the Dollar. The loss …
Read More »Yuan Strengthens 7.1739 Against Dollar
THE central parity rate of the Chinese currency renminbi, or the Yuan, strengthened six pips to 7.1739 against the dollar on Tuesday. This is according to the China Foreign Exchange Trade System. In China’s spot foreign exchange market, the Yuan is allowed to rise or fall by two per cent …
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