Ihedioha resigns membership of PDP Former governor of Imo State, Emeka Ihedioha, has resigned from the Peoples Democratic Party (PDP). The ex-governor announced his resignation in a letter dated April 23 addressed to the PDP chairman at Mbutu Ward, Aboh Mbaise Local Government Area of Imo State, according to a[Read More…]
Dangote Crashes Diesel, Aviation Fuel Prices Dangote Petroleum Refinery has again announced a further reduction in the prices of both diesel and aviation fuel to N940 and N980 per litre, respectively. This is coming at the wake of its widely celebrated earlier price reduction to N1,000 barely two[Read More…]
FG to get $2.25bn loan from World Bank in June The World Bank will, in June 2024, consider and give final approval to Nigeria’s $2.25 billion loan request, the finance ministry said Monday. The loan comprises a $1.5 billion loan in Development Policy Financing and another $750 million in[Read More…]
FG to sell 5 electricity distribution companies managed by Banks to Technical Power Operators The federal government says it would sell off five electricity distribution companies (DisCos) under the management of banks and Asset Management Corporation of Nigeria (AMCON) in the next three months to technical power operators.[Read More…]
UTME: Minimum age for Varsity admission still 18 – FG The minister of education, Tahir Mamman, has said the minimum age for admission into Nigerian higher institutions of learning is 18 years. Tahir Mamman disclosed this on Monday during a monitoring exercise of the ongoing 2024 Unified Tertiary[Read More…]
Yahaya Bello’s female ADC arrested over allegation of aiding his escape The female Aide De Camp (ADC) of former Governor Yahaya Bello of Kogi State has been reportedly arrested by the police. The unnamed ADC, according to a report by the Daily Post, was picked up alongside other police officers[Read More…]
Nigeria: The Changing Governance Story With a 24-hour news cycle that tends to focus mainly on distasteful narratives, several Nigerians have been made to accept the view that nothing good is happening in their country. Those who rely on the mainstream media and social media[Read More…]
Nigeria’s low tax revenue to GDP is problematic, says IMF The International Monetary Fund (IMF) says Nigeria’s low tax revenue-to-gross domestic product (GDP) ratio is “problematic”. Abebe Aemro Selassie, IMF’s director of the African department, spoke at a news conference on Friday, focusing on the firm’s regional economic[Read More…]
Tinubu appoints Olusegun Omosehin as NAICOM boss President Bola Tinubu has appointed Olusegun Ayo Omosehin as the commissioner for insurance, National Insurance Commission (NAICOM). Tinubu appointed Omosehin to replace Olorundare Thomas. In a statement on Friday, Ajuri Ngelale, Special Adviser to the president, media and publicity, said Tinubu also[Read More…]
Tinubu appoints Emomotimi Agama as New SEC DG, names board President Bola Tinubu has appointed Emomotimi Agama as the director general of the Securities and Exchange Commission (SEC). Ajuri Ngelale, special adviser to the president on media and publicity, disclosed this in a statement on Friday. Agama will take[Read More…]
