National

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Background

National

PRESIDENCY CALLS FOR A CRACKDOWN ON CYBERCRIME AND TRANSNATIONAL CAR THEFT

President Bola Tinubu has promised that Nigeria will keep collaborating with its global partners to ensure that cyber criminals and organized crime groups engaged in international car thefts do not profit from their unlawful activities. Tinubu, in a statement yesterday through his Special Adviser on Information and Strategy, Bayo Onanuga, expressed concern over the involvement of transnational organised criminal groups in exporting stolen vehicles to Nigeria, directing all relevant agencies, […]

todaySeptember 23, 2024

National

PRESIDENT TINUBU PLEDGES STRONG FINANCIAL SYSTEM TO ATTRACT INVESTORS

President BOLA TINUBU has reiterated his administration’s commitment to creating a robust financial system and a business-friendly economy that will attract more foreign direct investments. His Special Adviser on Information and Strategy, BAYO ONANUGA, in  a statement, revealed that President TINUBU made the commitment yesterday in Abuja, at a meeting with the global leadership team of Coca-Cola Company, led by its president and chief financial officer, JOHN MURPHY,  and the Chairman of Nigerian Bottling Company, SEGUN APATA  The president commended […]

todaySeptember 20, 2024

National

VICE PRESIDENT SHETTIMA SEEKS CLOSE COLLABORATION AMONG MDAS

Vice President, Kashim Shettima has called for close collaboration among ministries, departments, and agencies (MDAs) of government to actualize the agenda of President BOLA TINUBU across different sectors. This is just as the National Council on Privatization (NCP) chaired by the Vice President on Wednesday ratified the 2021 and 2022 audit financial reports of the Bureau of Public Enterprises (BPE).  A statement by the media aide to the Vice President, Stanley Nkwocha, revealed that the […]

todaySeptember 19, 2024

National

CBN CONFIRMS IMPLEMENTATION OF CONTROVERSIAL 0.005% CYBERSECURITY LEVY ON TRANSACTIONS

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 […]

todaySeptember 19, 2024

National

FEDERAL GOVERNMEN, STATES ANDLGS SHARE ₦1.2TRN IN AUGUST 2024

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 […]

todaySeptember 18, 2024

National

PRESIDENCY DENIES ASKING CBN GOVERNOR TO RESIGN

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, […]

todaySeptember 18, 2024

National

PRESIDENT TINUBU ANNOUNCES CREATION OF DISASTER RELIEF FUND FOR FLOOD VICTIMS

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 […]

todaySeptember 17, 2024

National

NLC DENIES NOT HONOURING DSS INVITATION.

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 […]

todaySeptember 12, 2024

National

FEDERAL GOVERNMENT EXPLAINS WHY NLC LEADER WAS ARRESTED.

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 […]

todaySeptember 11, 2024

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