Archive for August 1st, 2023

The Economic and Financial Crimes Commission (EFCC) has asked the supreme court to nullify the ruling of the appeal court which discharged Sule Lamido, former governor of Jigawa, of the money laundering charges against him. In a statement on Tuesday, Wilson Uwujaren, EFCC head of media and publicity, said the appeal court should have […]

The Organised Labour, comprising the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC), says it is reconsidering its decision to embark on a nationwide strike over the removal of petrol subsidy. The strike is scheduled to begin with a mass protest on Wednesday, August 2, 2023. After the rescheduled presidential steering […]

The presidential election petitions tribunal has reserved judgment in the suit filed by Peter Obi, presidential candidate of the Labour Party (LP). Obi who came third in the election and his party had filed a joint petition in March challenging the outcome of the February 25 poll. They are asking the court […]

Wale Edun, one of the ministerial nominees of President Bola Tinubu, says the exchange rate should be at N700/$1 as liquidity flows in. Speaking while he was being screened by senators on Tuesday at the national assembly, Edun said speculators may lose their shares if liquidity inflows increase and the exchange rate rapidly […]

Sunday Karimi, senator representing Kogi west, on Tuesday, presented a petition at the senate against Nasir el-Rufai, former governor of Kaduna state. Karimi submitted the petition against el-Rufai during the special plenary, as the former governor was being screened for a ministerial position by the upper legislative chamber. The lawmaker said the […]

Four persons were on Tuesday rescued when a private training jet crashed in the Ikeja area of Lagos. The jet crashed along the Oba Akran avenue in Ikeja, in the afternoon. According to a statement by Adeseye Margaret, director of Lagos State Fire and Rescue Service, the incident occurred while the aircraft […]

The presidential steering committee on palliatives, comprising the Nigeria Labour Congress (NLC), the Trade Union Congress (TUC), and government representatives, resumed its meeting on Tuesday. The meeting was adjourned on Monday for members to listen to President Bola Tinubu’s nationwide broadcast. Joe Ajaero, national president of the Nigeria Labour Congress (NLC), is […]

On Monday, President Bola Tinubu addressed Nigerians on the current economic challenges in the country and shared his plans to address them. In the televised speech, he highlighted several palliatives measures to be implemented to cushion the impact of the removal of the subsidy on Nigerians. Here are seven takeaways from his speech. […]

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