In the bye-election conducted today, Saturday, 3 February 2024, a total of 74 candidates contested for nine seats in the State and National assemblies. The Independent National Electoral Commission (INEC) has conducted and announced the results of nine bye-elections and 35 rerun elections across 26 states of the country. According to INEC, Fuad Laguda, a former chairman of the APC in Surulere Local Government, has emerged as the winner of the bye-election for Surulere Federal...
CBN says the false allegation is aimed at triggering panic in the foreign exchange market and sabotaging its efforts at stabilising the Naira The Central Bank of Nigeria (CBN) has refuted allegations that the Federal Government is considering converting $30bn domiciliary deposits to Naira. According to a statement by Sidi-Ali, Hakama (Mrs.), Ag. Director, Corporate Communications, CBN, the false allegation is aimed at triggering panic in the foreign exchange market and sabotaging its efforts to...
Kawu says they will also look into the case of the Super Eagles coach, Jose Peseiro. The principal officers of the National Assembly have revealed that they will travel to Abidjan, Cote d’Ivoire to support the Nigerian team at the ongoing Africa Cup of Nations (AFCON), ahead of the crucial quarterfinal match between the Super Eagles of Nigeria and the Palancas Negras of Angola. The Chairman, Senate Committee on Sports, Senator Sumaila Kawu (NNPP, Kano...
The Senate is set to reconsider the NYSC Trust Fund Bill after failing to get presidential assent on two occasions in the 9th Assembly. OrderPaper had predicted that the National Assembly will upon its resumption, address some urgent National issues including insecurity, and take a decision as to whether the NYSC scheme is to be retained or scrapped considering the increased rates of kidnappings and killings of corp members. However, upon its resumption, both...
The speaker of the House of Representatives, Rep. Tajudeen Abbas charges President Tinubu to adopt new approaches and strategies to tackling security challenges in Nigeria.
Moment Reps Spokesman Rotimi Akin (Jr) breaks down in tears during Plenary session over killings, Kidnappings In Ekiti State
The House of Representatives Public Accounts Committee (PAC) has ordered the Federal Fire Service (FFS) to return the sum of N1.48 billion Covid19 funds into the federation account.
Customs revenue was affected by uncertainties and anxiety towards the 2023 elections and suspension of excise on single-use plastics, carbonated drinks, and telecommunications Value Added Tax (VAT). The Nigeria Customs Service (NCS) has blamed the uncertainties of the year 2023, from the elections, cash crunch, Naira re-design, and other factors as responsible for the drastic reduction in its revenue. The Comptroller General (CG) of Nigeria Customs Service, Bashir Adewale Adeniyi stated this at an interactive...
The House of Reps has given the Fire Service 7 days to return the sum of N1.4bn COVID-19 funds to the federation account. The Public Accounts Committee (PAC) of the House of Representatives has ordered the Federal Fire Service (FFS) to refund the sum of N1.484 billion released to it for the COVID-19 intervention fund within Seven days to the federation account. The directive of the PAC on Wednesday was a sequel to the failure...
The Senate Committee on Banking, Insurance, and Other Financial Institutions held an emergency closed-door meeting to address the financial crises of the country. The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has been summoned by the Senate to speak on the status of the economy and the free flow of Naira on the foreign exchange market next Tuesday. In response to the Naira’s collapse to N1,520 to the US dollar, the Senate...
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