Dr Titus Okunronmu, a former Director, Budgetary Department of Central Bank of Nigeria (CBN), has commended the Dangote Refinery for reducing pump price of petrol from N885 to N870. Okunronmu made the commendation in an interview with the News Agency of Nigeria (NAN) in Ota,Ogun on Tuesday. NAN reports that Dangote Refinery had on May…
A former Minister of Information , Mr Labaran Maku has admonished political elites to shift attention from politics of succession to development and delivery of democracy dividends. Maku gave the admonition during an assessment tour of projects executed by the Gov. Hyacinth Alia of Benue State to mark the administration’s two years in office “This…
An Ikeja Special Offences Court has ordered the Economic and Financial Crimes Commission (EFCC) to provide an investigative report and e-statement of Keystone Bank with the Central Bank of Nigeria (CBN). Justice Rahman Oshodi made the order on Tuesday in the ongoing N20 billion fraud trial involving the former Managing Director of the Asset Management…
The Forward Operating Base (FOB) Escravos of the Nigerian Navy, says it has destroyed eight illegal refining sites in Warri South Local Government Area of Delta. The Commanding Officer of the FOB Escravos, Navy Capt. Ikenna Okoloagu disclosed this to newsmen on Tuesday in Warri. Okoloagu said the illegal refining sites were dismantled in three…
Justice Suleiman Belgore of anAbuja High Court on Tuesday, issued a bench warrant against the Director, Investigation and Prosecution of the Federal Capital Territory Administration (FCTA), Joseph Eriki and 10 others. The order was given to compel their appearance before the court for arraignment in a charge filed against them by the Federal Government. Belgore…
President Bola Tinubu has sought the approval of the Senate for the 2025-2026 external borrowing plan of 21.5billion dollars. The president also sought the approval of the senate for a loan request of 15 billion Japanese Yen and 51 million Euros grant. The News Agency of Nigeria (NAN) reports that Tinubu’s request is contained in…
Peoples Democratic Party (PDP) says its National Executive Committee (NEC) meeting will hold on Tuesday (today) as scheduled. The party’s acting National Chairman, Umar Damagum, stated this while addressing newsmen after the PDP Extraordinary Caucus Meeting held on Tuesday in Abuja. “We just finished the extraordinary caucus meeting. We are moving to Legacy House for…
An Ikeja Special Offences Court on Tuesday sentenced Mamman Ali and Christian Taylor to 14 years’ imprisonment each over a N2.2 billion oil subsidy fraud. Ali, son of a former National Chairman of the Peoples Democratic Party (PDP), Ahmadu Ali, and Taylor were charged by the Economic and Financial Crimes Commission (EFCC). The EFCC charged…
Dr Akinwunmi Adesina, President of the AfDB, has commended President Bola Tinubu for approving 500 million dollars replenishment of the Nigeria Trust Fund (NTF) for another 15 years. Adesina gave the commendation at tbe opening of the Africa Development Bank (AfDB) Annual Meetings on Tuesday in Abidjan. “To President Bola Tinubu for your support over…
Sen Orji Kalu (Abia North) has said that the gale of endorsements of President Bola Tinubu for second term is driven by his bold leadership and transformative policies. Kalu, however, dismissed speculations that the endorsements were a response to fears about opposition’s coalition arrangement. Addressing newsmen in Abuja on Tuesday, the former governor of Abia,…
