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The Central Bank of Nigeria CBN hasannounced it has cleared the seven billion dollars foreign exchange FX backlog inherited by Governor YEMI CARDOSO in fulfillmentof a key pledge on his appointment and signifies a significant step towards restoring confidence in the economy. The Acting Director of Corporate Communications of the CBN, HAKAMA SIDI ALI who confirmed the settlement of all valid FX backlog claims yesterday said the CBNemployed Deloitte Consulting, an independent auditing firm, to meticulously assess the transactions, ensuring that only legitimate claims were honored. The CBN’s commitment to tackling the FXbacklog appears to be paying […]

President BOLA TINUBU yesterday said the slain military personnel in OKUAMA, a community in UGHELLI South Local Government Area of Delta State, will be conferred with national honors.  TINUBU who disclosed this at the breaking of the Ramadan fast in Abuja with the Speaker of the House of Representatives, TAJUDEEN ABBAS, and the leadership of the House, said while oversight is essential for maintaining transparency and accountability in governance, excessive summoning of officials can disrupt operations and hinder service delivery to citizens. He commiserated […]

The 10th Assembly has asked the Federal Government to immediately compensate the families of the 17 murdered soldiers in Delta state. This was demanded during plenary yesterday as the senators observed a minute silence in honorof the military personnel who lost their lives on Thursday in OKUAMA Community, Delta state.  During the session, a motion of urgent importance on the killing of the Nigerian Army personnel and the necessity for an urgent investigation was moved by the Chairman, Senate Committee on Nigerian […]