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. […]
FG: Delivering Port Harcourt-Maiduguri rail project by May 2023 no longer feasible
The federal government says delivering the Port Harcourt-Maiduguri eastern rail line during the current administration’s tenure is no longer feasible. Mu’azu Sambo, minister of transportation, said this on Wednesday while fielding questions on what is hindering the administration from delivering the project before May 29, 2023 as earlier promised. He said the […]
‘I hope legal system clears his name’ — Obi accepts Okupe’s resignation as campaign DG
Peter Obi, presidential candidate of the Labour Party (LP), has reacted to the resignation of Doyin Okupe as director-general of the LP presidential campaign council. Okupe resigned from his position on Tuesday following a judgment of a federal high court convicting him of money laundering. The court had sentenced him to two […]

NBS: FG generated N2.1trn from company income tax in first nine months of 2022
The federal government generated N2.1 trillion from company income tax (CIT) in the first nine months of 2022. The National Bureau of Statistics (NBS) disclosed this in its recent CIT report for the third quarter (Q3) of 2022. Poor revenue generation has continued to pose a challenge to Nigeria’s finances, ultimately affecting its […]
‘He’s a flight risk’ — UK court refuses Ekweremadu’s plea for bail
The Central Criminal Court in the UK has again refused to grant bail to Ike Ekweremadu, former deputy senate president. Ekweremadu and Beatrice, his wife, are facing charges bordering on conspiracy to arrange/facilitate the travel of another person with a view to exploitation, namely organ harvesting. The couple were arrested by the […]
FG to borrow more as Buhari asks n’assembly to approve N819bn supplementary budget
President Muhammadu Buhari has asked the national assembly to approve a supplementary budget of N819 billion. Buhari’s request was read by Femi Gbajabiamila, speaker of the house of representatives, during plenary session on Wednesday. He said the 2022 supplementary budget would be used to finance infrastructural projects across the country. The […]
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