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Governance
January 15, 2025

2025 BUDGET : NASS Proposes N12trillion Revenue Projection for Customs , N180billion for NDIC 

By Festus Fifen The National Assembly through its joint committee on Finance has jerked up revenue projections for Nigeria Customs Service ( NIS ) from proposed N6.5trillion to N12 trillion in the 2025 fiscal year. The joint committee also jerked up that of the Nigeria Deposit Insurance Corporation ( NDIC ) from N163.3billion to N180billion.... Read More
Africa News, Breaking News, Business, Finance, Governance, Nigeria Capital, Nigeria News, Politics
January 10, 2025

Nigeria Police Force Apprehend Fake News Peddler Destiny Ekhorutomuen, Reaffirms Zero Tolerance For Fake News

By Festus Fifen The Nigeria Police Force has taken decisive action to curb the spread of fake news, disinformation, and incitement capable of widening the trust gap between the Police and members of the public who are critical stakeholders in national peace and security. In a swift response to public outcry on the need to... Read More
Africa News, Breaking News, community, Crime, Governance, Justice, Nigeria Capital, Nigeria News, Police, Politics
January 10, 2025

Enforcement of Third -Party Vehicle Insurance to Commence in February – IGP EGBETOKUN

By Festus Fifen The Nigeria Inspector-General of Police (IGP), Kayode Egbetokun has announced February 1st 2025 as the Commencement date for the enforcement of third-party Vehicle insurance nationwide. IGP Egbetokun who stated this today January 10, 2025 when he received the Commissioner for Insurance, National Insurance Commission (NAICOM), Mr. Olusegun Ayo Omosehin and his team... Read More
Africa News, Breaking News, Business, Crime, Finance, Governance, Nigeria Capital, Nigeria News, Police
January 7, 2025

2025 BUDGET: Senators Sets January 31st for Passage Tentatively, Agrees to Suspend Plenary For Two Weeks on Resumption

By Festus Fifen. The Nigeria Senate has set January 31st 2025 as the tentative date fixed for laying of reports on the 2025 Appropriation bill separately before the Senate and the House of Representatives respectively. This is as both Chambers of the National Assembly has agreed to commence consideration of N49.7trillion 2025 budget at committee... Read More
Africa News, Breaking News, Business, Finance, Governance, Nigeria Capital, Nigeria News, Politics
December 22, 2024

LEGISLATIVE CONTRIBUTIONS: Barau Tops Chart of Private Member Bill Sponsors in The Senate

By Festus Fifen Deputy President of the Senate, Barau Jibrin , currently tops the chart with 21 bills to his credit within the last 18 months in the 10th Senate of the Federal Republic of Nigeria. Records on Private Member Bills sponsorship among serving Senators in the 10th National Assembly , obtained from Rules and... Read More
Africa News, Breaking News, Business, Governance, Nigeria Capital, Nigeria News, Politics
December 19, 2024

Nigeria’s $42.01bn External Reserves Can Finance Goods Importations For Nine Months – Cardoso

…Assures Nigerians of better economic fortunes in 2025 By Festus Fifen. The Central Bank of Nigeria says the current $42.01 billion external reserves of the country, can finance importation of goods and services for more than nine months using the medium to assure Nigerians of better economic fortunes in 2025 . The CBN Governor Mr... Read More
Africa News, Breaking News, Business, Finance, Governance, Nigeria Capital, Nigeria News, Politics
December 4, 2024

Senator Ibrahim Sues for Food Vouchers in place of Federal Government Palliatives

…says it will help to stop Mismanagement of Palliative Funds   By Festus Fifen. The chairman Senate Committee on Inter- Parliamentary Affairs Senator Jimoh Ibrahim has called on the Nigeria Federal Government to look in the direction of food vouchers in place of Palliatives which is currently bedevilled with massive corruption. The Ondo South Senator... Read More
Africa News, Breaking News, Business, Governance, Nigeria Capital, Nigeria News, Politics
November 12, 2024

NDIC Begins Auction Process of Heritage Bank Assets

By Ossom Raphael The Nigeria Deposit Insurance Corporation (NDIC), has commenced process for the auction of landed properties and chattels of the failed Heritage bank. This is in a bid to ensure timely declaration of liquidation dividends to uninsured depositors of the failed Bank. This exercise, according to a statement by NDIC spokesperson Mr. Bashir... Read More
Africa News, Breaking News, Business, Business, Finance, Governance, Nigeria Capital, Nigeria News
November 5, 2024

PRESIDENT TINUBU DECORATES ACTING ARMY CHIEF OLUYEDE WITH NEW RANK, PLEDGES BETTER DAYS AHEAD FOR NIGERIANS By Festus Fifen

By Festus Fifen President Bola Ahmed Tinubu on Tuesday decorated the acting chief of army staff, Major General Olufemi Olatubosun Oluyede, with his new rank of Lieutenant General during a ceremony held at the Aso Rock Presidential Villa Abuja. The decoration of the acting army chief was held at the President’s office. According to a... Read More
Africa News, Breaking News, Defence, Governance, Military, Nigeria Capital, Nigeria News
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