President Bola Tinubu will on Wednesday present the 2024 budget to a joint session of the National Assembly. This was made known by the Secretary, of Research and Information at the National Assembly, Dr Ali Barde Umoru, in the National Assembly on Monday. He stated this while confirming the budget presentation to journalists and requesting…
President Bola Ahmed Tinubu has appointed Mallam Mele Kolo Kyari as Group Chief Executive Officer of the Nigerian National Petroleum Company and Chief Pius Akinyelure as Executive Board Chairman. In a statement signed by the spokesman to the president Ajuri Ngelale said the duo is part of the new board and management of the NNPCL….
The Central Bank of Nigeria (CBN) says it is planning to implement a new round of banking recapitalisation for the Deposit Money Banks (DMBs). Mr Olayemi Cardoso, the CBN Governor, announced this at the 58th Annual Bankers’ Dinner organised by the Chartered Institute of Bankers of Nigeria (CIBN) on Friday night in Lagos. The News…
President Bola Tinubu has assented to the Defence Industries Corporation of Nigeria (DICON) Bill, 2023. According to a release on Thursday by presidential spokesperson, Ajuri Ngelale, the Defence Industries Corporation of Nigeria was established on August 1, 1964, by an Act of Parliament and revised as the DICON Act in Chapter 94 of the Laws…
Tinubu seeks Senate approval to borrow $7.8bn, €100m from IFI In line with Nigeria’s external borrowing plans for 2022-2024, President Bola Ahmed Tinubu has requested the Senate to approve $7.8bn and €100 million debts from International Financial Institutions. This was disclosed by the President of Senate, Godswill Akpabio, who read Tinubu’s letter at plenary on…
The Supreme Court has dismissed the appeals filed by the presidential candidates of the Peoples Democratic Party (PDP), Atiku Abubakar, and the Labour Party, Peter Obi challenging President Bola Ahmed Tinubu’s election. The judgemet, delivered Thursday, laid to rest Atiku’s ferocious legal battle which stretched to the United States to overturn Mr. Tinubu’s victory at…
Tinubu, Atiku, Obi know fate today as S’Court decides The leadership of the ruling All Progressives Congress and the two opposition parties – the Peoples Democratic Party and the Labour Party –have expressed confidence that they will secure victory as the Supreme Court delivers judgment on the February 25 presidential election today. The PDP and…
Tinubu vows to clear FX contract backlog …announces date for students Loan scheme Barbara Bako, Abuja Nigerian president Bola Tinubu has vowed to clear foreign exchange contracts backlog that discourage investors investor’s confidence in the country. Speaking at the ongoing Nigeria Economic Summit NES29 on Monday in Abuja, the president also stated that Nigeria will…
The Federal Government, through the Ministry of Solid Minerals Development has partnered with the foremost consulting firm, PricewaterhouseCoopers (PWC) to execute policies under the seven point roadmap to transform the sector. Mr Segun Tomori, Special Assistant, Media to the Minister of Solid Minerals Development, Dr Dele Alake, made this known in a statement in Lagos…
Tinubu okays waiver of no-work-no-pay order on ASUU, doctors Invoking the Principle of the Presidential Prerogative of Mercy, President Bola Tinubu on Friday approved the partial waiver of the “No Work, No Pay” Order that was instituted against striking members of the Academic Staff Union of Universities (ASUU). Salary of ASUU members were withheld following…
