Nigeria’s plan to raise the salaries of political office holders has drawn sharp criticism, with stakeholders urging the government to focus on civil service reform and public welfare instead. The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) announced the review last week, noting that political leaders currently earn less than heads of agencies. Figures show…
Shareholders of Unity Bank Plc have overwhelmingly approved a proposed merger with Providus Bank Limited, a deal regulators say will reinforce stability in Nigeria’s financial sector. At a court-sanctioned Extraordinary General Meeting held on 26 September, 293 Unity Bank shareholders, representing 99.32 per cent of total shareholding worth ₦4.4 billion, voted in favour of the…
The Independent Media and Policy Initiative (IMPI) has welcomed the decision of the Central Bank of Nigeria (CBN) to reduce the Monetary Policy Rate (MPR) to 27 per cent. Dr Omoniyi Akinsiju, IMPI Chairman, said this in a statement on Wednesday in Abuja. Akinsiju said that the decision aligned with the position IMPI’s analysts had…
President Bola Tinubu has restated his administration’s support for constitutional reforms tailored for strengthening Nigeria’s democratic institutions. Tinubu, represented by the Secretary to the Government of the Federation,(SGF), Sen. George Akume stated this while declaring open a Public Hearing on the Review of 1999 Constitution in Abuja. President Tinubu described the process as a “golden…
The Director-General, National Institute for Sports (NIS), Mr Philip Shaibu, says that the partnership between BetPawa and the Nigeria National League (NNL) will uplift and motivate players. Shaibu stated this in a statement by his Special Adviser on Media, Mr Ben Ogbemudia on Wednesday in Abuja. He said the partnership would have a positive impact,…
The National Chairman, African Democratic Congress (ADC), Senator David Mark, has expressed deep sorrow over the passing of former deputy governor of Nasarawa State, Senator Solomon Ewuga. This is contained in a statement by his Special Adviser on Media, Mr Paul Mumeh in Kano on Wednesday. Ewuga, who died on Sept. 23 at the age…
Ukrainian President Volodymyr Zelenskyy has urged more nations to join his country’s security coalition and increase pressure on Russia, insisting that Ukraine has no choice but to fight to protect its sovereignty. Delivering his statement to the 80th UN General Assembly in New York on Wednesday, Zelenskyy said international institutions had become too weak to…
The Speaker of the House of Representatives, Rep. Tajudeen Abbas, on Wednesday inaugurated an ad hoc committee to oversee the implementation of the Federal Government’s Naira-for-Crude Oil policy. Abbas said the move was a critical step toward ensuring transparency, accountability, and efficiency in one of Nigeria’s most significant energy sector initiatives. He charged the committee…
The Commander, 207 Quick Response Group of the Nigerian Air Force (NAF), Group Captain Kehinde Akinyisade, has pledged support to the Zamfara Command of the Federal Road Safety Corps (FRSC) to help reduce road crashes. Akinyisade made the pledge during a courtesy visit to the FRSC Sector Command in Gusau on Wednesday, stressing that the…
The Rivers State Police Command has arrested three suspects in connection with the abduction of Mr. Humphrey Wagbara. The Command’s spokesperson, SP Grace Iringe-Koko, confirmed the arrests on Wednesday in Port Harcourt, saying Wagbara was rescued during a coordinated operation on Sept. 19. “Upon receipt of a distress call, officers launched an operation that led…
