FEC approves $23m for power projects in Taraba, Yobe
The federal executive council (FEC) has approved the sum of N3.4 billion for the restoration of power supply in Borno. Abubakar Aliyu, minister of power disclosed this on Wednesday while speaking with journalists after the council’s meeting, presided over by President Muhammadu Buhari. The minister said the council approved a memorandum for […]
PHOTOS: Buhari meets with Tinubu after pledging support for his campaign
President Muhammadu Buhari met with Bola Tinubu, standard bearer of the All Progressives Congress (APC), at the presidential villa, Abuja, on Wednesday night. The meeting came hours after the president said he is ready to campaign for Tinubu and other candidates of the party with “full energy and conviction”. “This is to […]
Newspaper Headlines: Nigerians face hardship as petrol queues resurface ahead of Christmas
The move by the Central Bank of Nigeria (CBN) to increase the cash withdrawal limit to N500,000 and N5 million for individuals and corporate entities, respectively, dominated the cover pages of Nigerian newspapers. Source: Top Stories
Gambia foils coup attempt, arrests four soldiers
The Gambian government says it has foiled a military coup attempt and arrested four soldiers allegedly plotting to overthrow President Adama Barrow’s administration. In a statement on Wednesday, Ebrima Sankareh, Barrow’s spokesperson, said the situation was under control. He also said efforts were ongoing to arrest other suspects over the development. […]
Obi leads Tinubu, Atiku, Kwankwaso in new Anap poll
A presidential pre-election opinion poll commissioned by Anap Foundation, a non-profit organisation, has placed Peter Obi of the Labour Party as the leading candidate. The poll results, which was released on Wednesday, projected that Obi is ahead among four leading candidates for the 2023 presidential election. The three other candidates are Bola […]
Buhari: I’m ready to campaign for Tinubu, all APC candidates with full conviction
President Muhammadu Buhari says he is ready to campaign for Bola Tinubu, the presidential candidate of the All Progressives Congress (APC), and other candidates of the party with “full energy and conviction”. In a statement on Wednesday by Garba Shehu, presidential spokesperson, Buhari this while speaking to the Nigerian community in the diaspora […]
Airstrike: We regret collateral deaths in Zamfara… fighting insurgency is difficult, says FG
The federal government has expressed regret over the death of residents in Maru LGA of Zamfara, following a recent military operation in a community in the area. Scores of persons — including several villagers — were reportedly killed during a raid by the Nigerian Air Force (NAF). The raid was said to […]
‘N500k for individuals’ — CBN increases weekly cash withdrawal limit after public outburst
The Central Bank of Nigeria (CBN) has increased the maximum weekly limit for cash withdrawals across all channels by individuals and corporate organisations to N500,000 and N5 million, respectively. The directive is contained in a circular issued by the bank on Wednesday and signed by Haruna Mustafa, director of banking supervision department. […]
EFCC secures interim forfeiture of 15 properties, $899,900 linked to suspended accountant-general
A federal capital territory high court has granted the Economic and Financial Crimes Commission (EFCC) interim forfeiture of money and properties recovered from Ahmed Idris, suspended accountant-general of the federation. The forfeited items include a sum of $899,900; N304,490,160.95; and 15 properties in Kano and Abuja. M.A. Hassan, the presiding judge, gave […]
‘Official engagement, health challenges’ — CBN writes reps over Emefiele’s absence
The Central Bank of Nigeria (CBN) says Godwin Emefiele, governor of the CBN, will not appear before the house of representatives on Thursday. Instead, Aisha Ahmad, CBN deputy governor, financial systems stability, will lead a team of high-ranking officials of the apex bank to brief the house of representatives during plenary on Thursday. […]