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Nigerians have mounted pressure on state governors to account for how they have spent increased allocations from the Federation Account, following the disclosure that the three tiers of government shared about N47.25tn between 2023 and 2025.The figure represents more than half of the N93.13tn distributed through the Federation Account between 2017 and 2025, according to…
Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks across the country for failing to meet key regulatory requirements.The apex bank disclosed this in a statement issued on Wednesday by its Acting Director of Corporate Communications, Hakama Sidi-Ali. The revocation took effect from July 1, 2026, following the approval of…
Senator-elect for Enugu North Senatorial District, Ikeje Asogwa, has pledged to provide responsive and inclusive representation that will ensure the dividends of democracy reach every community across the district.In a message of appreciation following his election on Sunday, Asogwa expressed profound gratitude to the people of Enugu North for the confidence reposed in him through…
United States ‘ President , Donald Trump has raised the global tariff rate on imports into the US to 15 per cent, escalating his administration’s trade policy just a day after the Supreme Court of the United States struck down much of his earlier tariff programme. In a post on Truth Social on Saturday, Trump…
Medical and Environmental experts have said carbon monoxide exposure is the most probable cause of Tuesday’s death of 38 miners at a mining site in Kampani Zurak community, Wase Local Government Area of Plateau state. The experts, who spoke with newsmen , Thursday , explained that the symptoms described by survivors and residents are consistent…
Governors of the Peoples Democratic Party ( PDP in Southern Nigeria, Thursday meet with some of the Party’s stakeholders in Ikeja, Lagos to drive unity in the party. Speaking with Newsmen at the end of the closed door meeting of the PDP Southern Zoning Consultative Summit , Governor of Oyo state, Seyi Makinde reiterated the need for…
