National

The Central Bank of Nigeria, CBN, has confirmed the enforcement of the controversial cybercrime levy at 0.005 percent on all electronic transactions under its new guidelines for the 2024-2025 fiscal year. The Apex Bank which disclosed this in its recently released Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines for Fiscal Years 2024-2025, reaffirmed its commitment to mandating banks and other financial institutions to deduct the levy from all electronic […]

The office of the Accountant General of the Federation  says a total of ₦1.203 trillion August 2024 federation accounts revenue has been shared amongst the Federal Government, states, and local government councils in the country.  The Federation Accounts Allocation Committee (FAAC) spokesperson for the Accountant General of the Federation, BAWA MOKWA,  revealed that the revenue was shared at the September 2024 meeting of FAAC held in Abuja and chaired by the Minister of Finance and Coordinating […]

President BOLA TINUBU has denied askingYEMI CARDOSO to resign from his position as the Governor of the Central Bank of Nigeria (CBN). A report had claimed that President TINUBU,before departing for China issued a directive to CARDOSO, telling him to resign, despite efforts by influential Yoruba leaders to keep him in the position.  But the Special Adviser to the President on Information and Strategy, BAYO ONANUGA, who took to his official X handle, described the report as all lies, […]

President BOLA TINUBU has promised to provide a disaster relief fund in Maiduguri, Borno State, to assist Nigerian citizens impacted by floods and other disasters The president, made the announcement yesterday at the Borno Government House, when he visited the state to sympathise with the government and people over the recent flooding from ALAU DAM,.  The president, who noted that the relief fund was needed as the climate becomes more unpredictable, with many places in the country becoming vulnerable, further urged the private sector […]

The Nigeria Labour Congress NLC has denied reports that its President, Joe Ajaero, snubbed an invitation by the Department of State Services DSS before his arrest at the Nnamdi Azikiwe International Airport, Abuja, on Monday on his way to the United Kingdom for an official assignment. The Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga, had claimed that Ajaero's arrest by the DSS was as a result of […]

The Presidency has explained that one of the reasons for the arrest of president of the Nigeria Labour Congress, NLC, Joe Ajaero, at the Nnamdi Azikiwe International Airport, Abuja, by officials of the Department of State Services, DSS, was his refusal to comply to an invitation from security operatives.  The Special Adviser to the President on Information and Strategy, Bayo Onanuga, who revealed this yesterday in a lengthy statement while […]

The President of Nigeria Labour Congress, NLC, Joe Ajaero, has been released on administrative bail by the Department of State Services, DSS. Ajaero, who confirmed his release to journalists said the DSS  allowed him to go home aroundpast 11pm last night after being grilled for about 15 hours since his arrest around 7am at the Nnamdi Azikiwe International Airport, Abuja. He explained that some police officers also came around to grill him at […]

The Minister of State (Oil) Petroleum Resources, HEINEKEN LOKPOBIRI, says there is availability of petrol despite the scarcity and hike in the price of the product. LOKPOBIRI, who stated this yesterday  while briefing newsmen at the Presidential Villa, Abuja after meeting with Vice President KASHIM SHETTIMA, assured Nigerians that the scarcity being experienced would be over before weekend as petrol would be available across the country.  He stated that once the product is […]