Online News Magazine
Online News Magazine
President Bola Ahmed Tinubu has suspended the Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, CFR, from office with immediate effect. This is sequel to the ongoing investigation of his office and the planned reforms in the financial sector of the economy. Mr Emefiele has been directed to immediately hand over the affairs of […]
President Bola Tinubu on Friday held a meeting with Rabiu Kwankwaso, the leader of the New Nigeria Peoples Party (NNPP) and one of the presidential candidates, in the 2023 elections in Presidential Villa, Abuja. The agenda of the meeting was not made public, but observers said it might just be a solidarity visit like other […]
The G5, also known as the Integrity Group, visited President Bola Tinubu to inform him of the most recent events and the group’s position on fairness, equity, and justice in the nation, according to Oyo State Governor Seyi Makinde. Makinde further noted that nation-building is a difficult process and requires ongoing examination while being flanked […]
Some experts have advised Nigerians to turn to gas-powered vehicles as alternative to petrol-powered vehicles due to the current high price of petrol in the country. The cost of petrol in the country now ranges between N500 and N600 per litre from the old price of N195 per litre since the removal of petrol subsidy […]
The House of Representatives has declared the purported launch of Nigeria Air during the final days of the former administration led by President Muhammadu Buhari a fraudulent scheme. Buhari’s administration two days before handing over to President Bola Ahmed Tinubu reportedly used N139.3bn ($300m) to repaint an 11-year-old Ethiopian Airlines aircraft and presented it as […]
President Bola Tinubu on Friday in Abuja assured traditional rulers in the country that his administration will run an open-door policy that is ready to listen to the yearnings of Nigerians toward transforming the country’s rich potentials to reality. Speaking at an interactive session with the Royal Fathers under the aegis of National Council of […]
The Zamfara State government has ordered a raid on the residence of the immediate-past governor of the State, Muhammad Bello Matawalle, and impounded some vehicles believed to belong to government. Some Sport Utility Vehicles (SUVs) were impounded on Friday during a raid of Matawalle’s residence in Gusau. Recall that, speaking on a local radio station, […]
The Nigerian President, Bola Tinubu, has signed the 2023 Electricity Act which is a replacement for the Electricity and Power Sector Reform Act of 2005 into a law. The newly enacted law will de-monopolise Nigerian electricity generation, transmission, and distribution of electricity at the national level. This new law will empower states, companies, and individuals […]
The shareholders of Ardova Plc, (the “Company”) at a Court Ordered Meeting held in Lagos, on Wednesday 31 May 2023, have approved the Scheme of Arrangement (“Scheme”), for the holders of its fully paid ordinary shares of 50 kobo each, subject to the approval of the Securities and Exchange Commission (“SEC”) and the Court. Each […]
The Federal Government has declared Monday, June 12, as public holiday in celebration of Democracy Day. Dr Oluwatoyin Akinlade, the Permanent Secretary in the Ministry of Interior, on Thursday announced the declaration on behalf of the Federal Government. The statement said Nigeria’s democratic journey had, like in many other countries, had challenges. “But the ship […]
