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Buhari Administration Shielded Ex-Governor Over Offshore Assets

Okoi Obono-Obla alleges that the Buhari administration protected a former governor from prosecution over $200 million in offshore assets.

Banks to Deposit Excess Dollars in CBN Lagos, Abuja Offices

CBN sets new deposit guidelines for banks to manage excess foreign currencies, aiming to stabilize the naira.

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Locally Sourced Gold Injects N6bn into Nigerian Economy

The National Gold Purchase Programme has injected N6 billion into Nigeria’s economy through locally sourced gold, strengthening foreign reserves and supporting local miners.

Lagos DPP Drops Charges Against Community Chief Owonla

Lagos DPP dismisses charges against Chief Moruf Owonla, a community leader, following the emergence of new evidence in a land dispute. The evidence confirms Owonla's rightful claim to the land.

 Tinubu Applauds $5M Boost in Foreign Reserves from Gold Transaction

President Tinubu celebrates a $5 million gold transaction, marking a significant milestone in Nigeria's economic diversification under the Renewed Hope Agenda.

US Lawmakers Push for Release of Detained Binance Executive

US lawmakers are pushing for the release of a detained Binance executive, emphasizing the need for fair treatment and transparency in the legal proceedings. The case highlights significant concerns over international regulatory compliance and due process.

Nigerians to Start Using Three-in-One ID Card in August

Nigeria will introduce a three-in-one identity card in August, integrating identity, financial, and social services into a single card, according to NIMC

Outcry Over Governors’ Remarks on Proposed N60,000 Minimum Wage

Nigerians criticize governors for dismissing proposed N60,000 minimum wage as unrealistic, calling the move insensitive amid economic hardships.

Police Defy Governor’s Orders on Deposed Emir

A tense standoff has emerged in Kano, Nigeria, between the police and the governor over the eviction of the deposed Emir. The Emir remains in his residence as the court date approaches.

Nigeria’s Minimum Wage Crisis Deepens: Strike Disrupts Economy

Nigeria's unresolved minimum wage crisis led to a two-day strike, causing significant economic disruptions. Urgent action is needed to prevent further damage.

Nigeria’s Debt Surges by N24.33 Trillion in First Quarter

In the first quarter of 2024, Nigeria's total debt stock rose sharply by N24.33 trillion, reaching N121.67 trillion.

UBETAS’ $550M Project to Boost Nigeria’s Domestic Gas Supply

UBETAS Limited has unveiled a $550 million project to expand Nigeria's domestic gas supply, aiming to boost local production and distribution, enhance energy security, and support economic growth.

Rivers Caretaker Chairmen Take Oaths, Face Locked Council Offices

Newly appointed caretaker committee chairmen in Rivers State, Nigeria, face a unique challenge: locked council offices guarded by police. Despite this hurdle, the chairmen have begun working from temporary locations and outlined development plans. The situation creates uncertainty regarding access to resources and potential disruption to local services.

UNODC Warns of 40% Increase in Africa’s Drug Use by 2030

UNODC projects a 40% rise in Africa's drug use by 2030, urging intensified prevention and asset seizure efforts.

Latest articles

Buhari Administration Shielded Ex-Governor Over Offshore Assets

Okoi Obono-Obla alleges that the Buhari administration protected a former governor from prosecution over $200 million in offshore assets.

Banks to Deposit Excess Dollars in CBN Lagos, Abuja Offices

CBN sets new deposit guidelines for banks to manage excess foreign currencies, aiming to stabilize the naira.

Resilient Nigerians Defy Tough Times with Stunning Creativity

Despite facing economic challenges, Nigerians are displaying resilience and creativity, transforming adversity into opportunity across various sectors like arts, tech, and agriculture.

Tenure of FCT Area Council Chairmen, Councillors Set to Expire in June 2026

The tenure of chairmen and councillors in the FCT area councils is set to expire in June 2026, clarified by INEC under the new Electoral Act 2022.