‘Sole legal tender is cedi’ — Ghana bans spending in foreign currencies
The Ghanaian government has banned spending and transacting businesses in foreign currencies in the country. The Central Bank of Ghana disclosed this in a statement issued on Thursday, warning citizens and companies to stop transacting business, pricing goods and services and advertising in foreign currencies. According to the country’s apex bank, it […]
UN suspends Russia from human rights council over Ukraine invasion
The United Nations (UN) general assembly, on Thursday, adopted a resolution calling for the suspension of Russia from the human rights council. The resolution received a two-thirds majority in the 193-member assembly, with 93 nations voting in favour and 24 against, while 58 countries abstained from the process. According to a statement […]
‘Budget deficit projected to hit N7.35trn’ — Buhari seeks reps’ approval for new borrowing
President Muhammadu Buhari has written to the house of representatives seeking an increase in the 2022 budget deficit to be financed through borrowing from the domestic market. Buhari said this in a letter read by Femi Gbajabiamila, speaker of the house of representatives, on Thursday. The president said the total budget deficit […]
Terrorism trials to be conducted in secret as FHC issues new practice directions
The federal high court of Nigeria says there will be no more media coverage for cases bordering on terrorism. This was contained in the FHC’s new practice directions issued on Thursday by Catherine Christopher, the court’s chief information officer. According to the new guidelines, terrorism proceedings will be conducted in secret, except […]
Soyinka: I didn’t support Buhari in 2015 — but I said Nigerians shouldn’t vote for Jonathan
Wole Soyinka, Nobel laureate, says he did not ask Nigerians to vote for President Muhammadu Buhari in 2015. Soyinka spoke on Thursday at a media briefing in Lagos. During the build-up to the 2015 presidential election, the Nobel laureate, on several occasions, criticised the administration of the former President Goodluck Jonathan. […]
APC has nursed its wounds and healed itself, Buhari says as he meets Adamu, Buni
President Muhammadu Buhari on Thursday met with Abdullahi Adamu, national chairman of the All Progressives Congress (APC), and Mai Mala Buni, Yobe state governor. The meeting took place at the presidential villa in Abuja. The ruling party is preparing for its primary elections ahead of the 2023 poll. On March 26, […]
NIS recruitment tragedy: Abba Moro cleared of fraud charges — 8 years later
A federal high court in Abuja has discharged and acquitted Abba Moro, former interior minister, of fraud charges. The Economic and Financial Crimes (EFCC) had instituted a suit against Moro, Anastasia Daniel-Nwobia, a former permanent secretary in the ministry, and F O Alayebami, a deputy director in the ministry, over alleged N676 million […]
Court refuses to sack Ayade over defection to APC
A federal high court in Abuja has dismissed a suit seeking the removal of Ben Ayade as Cross River governor. The PDP had taken Ayade to court to seek an order directing him and his deputy, Ivara Esu, to vacate office over their defection to the All Progressives Congress (APC). Ayade was elected on […]
DHQ: Boko Haram commander surrendered to troops in Borno
The Defence Headquarters (DHQ) says Saleh Mustapha, a commander of Boko Haram, has surrendered to troops of Operation Hadin Kai, in the north-east. Addressing journalists on Thursday, in Abuja, Bernard Onyeuko, director of defence media operations, said Mustapha’s surrender to the troops in Bama was significant. Giving an update on military operations […]
Reps committee: NSITF failed to remit N3.8bn to FG in three years
The house of representatives’ ad hoc committee on unclaimed funds in commercial banks and the infractions of the Central Bank of Nigeria (CBN) says the Nigerian Social Insurance Trust Fund (NSITF) owes the federal government N3.8 billion. Unyime Idem, chairman of the committee, disclosed this at the ongoing investigative hearing by the panel […]
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