egooyibo

President BOLA TINUBU will today, travel to France. The Special Adviser to the President on Media and Publicity, AJURI NGELALE, who disclosed this in a statement, revealed that the president would return to the country after his stay in the European nation but however, did not state the reason for the visit.  This is coming two days after the Nigerian leader returned to Abuja from the Equatorial Guinea, a three-day official visit to […]

A Federal High Court in Lagos, headed by Justice Akintayo Aluko has ordered the interim forfeiture of a cash sum of 2 million dollars linked to the immediate past Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele. Justice Aluko equally ordered the interim forfeiture of both two shares of certificates of Queensdorf Global Fund Limited Trust and seven landed properties linked to Emefiele. The Judge, gave the order yesterday […]

The Nigerian government, through the National Security Adviser, NSA alongside Attorney General of the Federation and minister of Justice has initiated both diplomatic and legal actions to recover three presidential aircraft seized in France over outstanding debts. The presidency had earlier raised concerns about an attempt by a Chinese firm, Zhongshan Fucheng Industrial Investment Co. Limited, to seize Nigeria’s presidential jets undergoing routine maintenance in France.  Reports had suggested that the […]

President Bola Tinubu has approved the implementation of a Zero Percent Duty Rate, and Value Added Tax, VAT, exemption on selected basic food items.  Spokesperson of Nigeria Customs Service NCS, Abdullahi Maiwada in a statement yesterday, said the presidential approval was communicated through the Minister of Finance and the Coordinating Minister of the Economy, Olawale Edun.  The Customs spokesman, remarked that the policy which took effect from 15th July 2024 […]