Petrol Subsidy Affected Revenue That Should Have Been Used For 2021 Budget – Buhari
President Muhammadu Buhari says the federal government’s expenses on petrol subsidy affected the revenue that should have been used to fund the 2021 budget. Buhari, who stated this on Thursday…
CBN Revokes Licenses of 132 Microfinance Banks, Others
The Central Bank of Nigeria (CBN) has revoked the operating licenses of 132 microfinance banks across the country. The apex bank also revoked the licenses of 4 primary mortgage banks…
“I Hope To Retire To Onitsha Someday, And Take Up A Teaching Job To Inspire Children” – Peter Obi
Peter Obi has revealed plans to retire as a secondary school teacher in Onitsha. Obi made this known while teaching final year students of Dennis Memorial Grammar School in Onitsha.…
BREAKING: Senate Commences Debate on 2022 budget
The Nigerian Senate has commenced a debate on issues hovering on the general principles of the 2022 budget. The commencement of the debate was announced by President of the Senate,…
Ex-Minister Files N100bn Libel Suit Against AGF, EFCC
An Ex-minister of Petroleum Resources, Diezani Alison-Madueke has filed a libel suit against the Economic and Financial Crimes Commission (EFCC) and the Attorney-General of the Federation (AGF). The suit, marked…
NBS Reveals States With Highest Cooking Gas Prices In Nigeria
NBS has reported that Taraba, Lagos, and Benue have the highest prices for liquefied petroleum gas (LPG) in Nigeria. The average price of 5kg of LPG increased by 44.62% to…
FG Orders Compulsory COVID-19 Vaccination of Civil Servants Before Dec 1
Nigeria's Federal Government has directed all civil servants under its payroll to take the COVID-19 vaccine before December 1, 2021. This was announced by the Chairman, Presidential Steering Committee on…
Buhari Dissolves Cabinet
Nigeria's outgoing President, Muhammadu Buhari has officially dissolved the Federal Executive Council (FEC), bringing the current administration to a close. The announcement was made through a memo issued late on…
Fuel Tanker Explodes in Niger State, Injures Two
A fuel tanker carrying 40,000 litres of fuel crashed and exploded in Niger State. The incident occurred on Monday evening when the tanker's tyre burst. It loses lost control and…
FG Will Save 40% of Forex Earnings With Dangote Refinery – Emefiele
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), has explained how the country will save 40 percent of its foreign exchange (FX) earnings when the Dangote Refinery starts…